Sleep Number Announces Third Quarter 2024 Results
Sleep Number Corporation (SNBR)
Last sleep number corporation earnings: 4/22 04:01 pm
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US:NASDAQ Investor Relations:
ir.sleepnumber.com
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Source: Business Wire
COMPANY ALSO ANNOUNCES CHAIR, PRESIDENT AND CEO SHELLY IBACH TO RETIREReported third quarter net sales of $427 million; delivered adjusted EBITDA of $28 million for the quarter which was consistent with expectationsAchieved gross margin rate of 60.8% for the third quarter, up 340 basis points versus last year, ahead of expectations and the highest quarterly gross margin rate since the third quarter of 2021Reduced operating expenses by $17 million for the third quarter and $60 million year-to-date (before restructuring costs)Increased year-to-date free cash flow by $50 million compared with the same period last yearUpdated full-year 2024 adjusted EBITDA outlook to a revised range of $115 million to $125 million MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 28, 2024.“Our actions throughout the business over the past year are driving sustainable operating model improvements and contributing to our increased
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News
- Sleep Number Co. (NASDAQ: SNBR) had its price target lowered by analysts at Piper Sandler from $16.00 to $12.00. They now have a "neutral" rating on the stock.MarketBeat
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- Sleep Number Chair, President and CEO Shelly Ibach Announces RetirementBusiness Wire
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SNBR
Earnings
- 10/30/24 - Beat
SNBR
Sec Filings
- 10/30/24 - Form 8-K
- 10/30/24 - Form 8-K
- 10/16/24 - Form 8-K
- SNBR's page on the SEC website