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0 0 0.00129987129987124 0.00386100386100389 -0.00257400257400263 0.0102960102960103 0.00193050193050189 -0.0360360360360361
Stock impact report

Why Sleep Number (SNBR) Stock Is Falling Today [Yahoo! Finance]

Sleep Number Corporation (SNBR) 
Last sleep number corporation earnings: 4/22 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.sleepnumber.com
Company Research Source: Yahoo! Finance
Shares of bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR) fell 39.5% in the afternoon session after the company reported disappointing fourth-quarter results, with EBITDA missing significantly and revenue falling short of Wall Street's estimates. Sales declined 12% year on year, due to a reduced store footprint and softer consumer demand. Earnings per share, however, came in above expectations, aided by cost reductions. Yet, Sleep Number withheld financial guidance for 2025, signaling continued uncertainty. This is also linked to the appointment of Linda Findley as the new CEO, as she likely needed some time settling into her role. Overall, this was a weaker quarter. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Sleep Number? Access our full analysis report here, it's free What The Market Is Telling Us Sleep Number's shares are extremely volatile and have had 70 moves great Show less Read more
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