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Sleep Number Corporation - $SNBR STOCK NEWS

Welcome to our dedicated page for Sleep Number Corporation news (Ticker: $SNBR), a resource for investors and traders seeking the latest updates and insights on Sleep Number Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sleep Number Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sleep Number Corporation's position in the market.

Rhea-AI Summary
Sleep Number Corporation announces new research on the connection between sleep abnormalities and heart failure with preserved ejection fraction (HFpEF)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.33%
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none
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Rhea-AI Summary
Sleep Number partners with the NFL and the American Cancer Society in the fight against cancer, bringing additional cancer prevention resources to the Crucial Catch program.
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Rhea-AI Sentiment
End-of-Day
0.45%
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Rhea-AI Summary
Sleep Number engages in dialogue with Stadium Capital regarding shareholder value enhancement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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none
Rhea-AI Summary
Stadium Capital Management criticizes Sleep Number Corporation's Board of Directors for poor shareholder returns, capital allocation, governance practices, and compensation decisions. Urges Board to meet with Stadium Capital to address concerns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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management
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Rhea-AI Summary
Sleep Number (SNBR) announced its Biggest Sale of the Year starting on August 8, offering all next generation smart beds on sale, with temperature benefits, starting at $999. The sale also includes discounts on pillows, bedding, and furniture, with multiple financing options available. Sleep Number smart beds are designed to improve sleep quality and support body's changing needs over time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.08%
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Rhea-AI Summary
Sleep Number Corporation (Nasdaq: SNBR) announced the appointment of Francis Lee as Executive Vice President and Chief Financial Officer, effective August 14, 2023. Lee brings extensive financial and operational experience from technology-focused, consumer-oriented companies like Nike, Gap, Inc., and Wyze Labs. His expertise in operational transformation and driving profits will be instrumental in the company's evolving business model and strategy. The appointment aligns with the company's vision of becoming a connected sleep health leader, driving sustainable, profitable growth, and strengthening total shareholder return.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-29.36%
Tags
management
Rhea-AI Summary
Sleep Number Corporation (Nasdaq: SNBR) reported second quarter net sales of $459 million, with a mid-single digit decrease in demand compared to the prior year. The company also announced second quarter diluted EPS of $0.03 and updated its 2023 EPS outlook to a range of $1.25 to $1.75 per share. Additionally, Francis Lee has been appointed as the Executive Vice President and Chief Financial Officer. The company expects continued growth in the second half of the year due to the launch of new smart bed products and an advertising campaign with the NFL season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-29.36%
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Rhea-AI Sentiment
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-1.55%
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Rhea-AI Summary
Rhea-AI Impact
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End-of-Day
-11.9%
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Rhea-AI Sentiment
End-of-Day
2.32%
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Sleep Number Corporation

Nasdaq:SNBR

SNBR Rankings

SNBR Stock Data

353.87M
19.20M
5.96%
86.92%
9.84%
Upholstered Household Furniture Manufacturing
Manufacturing
Link
United States of America
MINNEAPOLIS

About SNBR

at sleep number, our mission places customers at the heart of all we do: improving lives by individualizing sleep experiences. be a part of a company where teams of individuals are valued for their unique talents, perspectives, and experiences. we are the exclusive designer, manufacturer, marketer, retailer and servicer of a complete line of sleep number® beds including our newest addition, the sleepiq kids™ bed. only the sleep number bed offers sleepiq® technology to track and monitor your sleep, so you can make adjustments for your best possible sleep. sleep number also offers a full line of exclusive sleep products including flexfit™ adjustable bases and sleep number® bedding. take a closer look at our company and how we’re improving the lives of our customers and employees: • publicly traded company (nasdaq: scss) since 1998 • annual revenue in 2014 totaled more than $1.16b • headquarters in minneapolis, minnesota, manufacturing and distribution facilities in south carolina a