Financial News

4/17/19
First quarter net sales grew 10% to $426 million First quarter diluted EPS grew 54% to $0.80 Generated 38% increase in operating cash flows and 22% higher operating income Reiterates full-year 2019 earnings outlook of $2.25 to $2.75 per diluted share MINNEAPOLIS --(BUSINESS WIRE)--Apr.
3/28/19
MINNEAPOLIS --(BUSINESS WIRE)--Mar. 28, 2019-- Sleep Number (NASDAQ: SNBR) today announced the retirement of Andy Carlin , Executive Vice President, Chief Sales and Services Officer, effective June 2019 , ensuring a coordinated succession with leadership overlap. Mr.
1/10/19
Arianna Huffington , NFL and Olympic Athletes, and Health Experts Share Sleep Tech Insights on Sleep Number Panel Katie Couric Discusses Importance of Smart Sleep in “Tech for Good” Podcast from Sleep Number Booth LAS VEGAS --(BUSINESS WIRE)--Jan. 10, 2019-- This press release features multimedia.
10/24/18
Net sales of $415 million grew 3% versus prior year; adjusted net sales increased 12% Reiterates full-year 2018 earnings outlook midpoint of $1.85 per diluted share MINNEAPOLIS --(BUSINESS WIRE)--Oct. 24, 2018-- Sleep Number Corporation (NASDAQ: SNBR) today reported third quarter 2018 results for
10/10/18
MINNEAPOLIS --(BUSINESS WIRE)--Oct. 10, 2018-- Sleep Number Corporation (NASDAQ: SNBR) will release results for the third quarter ended Sept. 29, 2018 , after close of the regular trading session on Oct. 24, 2018 . Management will host its regularly scheduled conference call to discuss the
7/25/18
Reported net sales increase of 11% to $316 million and EPS of $0.10 , compared with a $0.02 loss for the prior year Generated TTM ROIC of 14.3%, up 70 basis points versus the prior year Reiterates full-year 2018 earnings outlook of $1.70 to $2.00 per diluted share MINNEAPOLIS --(BUSINESS
7/3/18
MINNEAPOLIS --(BUSINESS WIRE)--Jul. 3, 2018-- Sleep Number Corporation (NASDAQ: SNBR) will release results for the second quarter ended June 30, 2018 , after close of the regular trading session on July 25, 2018 . Management will host its regularly scheduled conference call to discuss the company’s
5/9/18
MINNEAPOLIS --(BUSINESS WIRE)--May 9, 2018-- Sleep Number Corporation (NASDAQ: SNBR) today announced the appointment of Deborah Kilpatrick , PhD, to its board of directors, effective May 9, 2018 . Kilpatrick’s addition gives Sleep Number 11 board members, six of whom are women.
4/18/18
Reported net sales of $389 million and first quarter EPS of $0.52 Generated operating free cash flow of $40 million and repurchased $75 million of the company's common stock Reiterates full-year 2018 earnings outlook of $1.70 to $2.00 per diluted share MINNEAPOLIS --(BUSINESS WIRE)--Apr.
4/13/18
NEW YORK --(BUSINESS WIRE)--Apr. 13, 2018-- Sleep Number , the leader in sleep innovation, was recently named an Edison Awards Silver Winner for its Sleep Number 360 ® smart bed . At the April 11 awards ceremony in New York City , Sleep Number was one of the world’s most innovative companies and
4/4/18
MINNEAPOLIS --(BUSINESS WIRE)--Apr. 4, 2018-- Sleep Number Corporation (NASDAQ: SNBR) will release results for the first quarter ended March 31, 2018 , after close of the regular trading session on April 18, 2018 . Management will host its regularly scheduled conference call to discuss the
12/13/17
Sleep innovation leader opens new store in Hawaii ; Now operates stores in all 50 states KAPOLEI, Hawaii --(BUSINESS WIRE)--Dec. 13, 2017-- Sleep Number (NASDAQ: SNBR) recently celebrated the opening of its first retail store in Hawaii . Now, Sleep Number customers in all 50 states can shop
11/15/17
Now families can see when he’s been sleeping and know when he’s awake 2017 sleep survey shows holiday stress impacts ability to sleep snug in your bed MINNEAPOLIS & THE NORTH POLE--(BUSINESS WIRE)--Nov. 15, 2017-- Sleep Number announced today that it is the official bed of Santa and Mrs. Claus.
11/1/17
Also changes ticker symbol to SNBR on November 1 MINNEAPOLIS --(BUSINESS WIRE)--Nov. 1, 2017-- Select Comfort Corporation , the leader in sleep innovation, announces that effective today it changed its name to Sleep Number Corporation with NASDAQ ticker symbol SNBR.
10/17/17
Reported net sales increase of 9% to $403 million Generated record operating cash flow of $176 million for the first nine months of the year Increased share repurchase authorization to $500 million Maintained midpoint of EPS outlook, while narrowing range to $1.30 to $1.45 per share MINNEAPOLIS
10/3/17
MINNEAPOLIS --(BUSINESS WIRE)--Oct. 3, 2017-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the third quarter ended Sept. 30, 2017 , after close of the regular trading session on Oct. 17, 2017 . Management will host its regularly scheduled conference call to discuss the
7/17/17
Reported net sales increase of 3% to $285 million While demand exceeded expectations, inventory shortage shifted a week of deliveries ( $25 million ) to third quarter Year-to-date net sales increased 8% and EPS 83% Generated record operating cash flow of $89 million for the first six months of the
7/3/17
MINNEAPOLIS --(BUSINESS WIRE)--Jul. 3, 2017-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the second quarter ended July 1, 2017 , after close of the regular trading session on July 17, 2017 . Management will host its regularly scheduled conference call to discuss the
4/19/17
Reported 12% net sales growth to a record $394 million and first quarter EPS of $0.56 Generated record operating free cash flow of $74 million and repurchased $50 million of the company's common stock Increases full-year 2017 earnings outlook to a range of $1.25 to $1.50 per diluted share
4/5/17
MINNEAPOLIS --(BUSINESS WIRE)--Apr. 5, 2017-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the first quarter ended April 1, 2017 , after close of the regular trading session on April 19, 2017 . Management will host its regularly scheduled conference call to discuss the
1/3/17
CES Innovation Awards Winner – “Best of Innovation” Honoree in Home Appliances; “The Only Bed that Goes to Work When You Go to Sleep” LAS VEGAS --(BUSINESS WIRE)--Jan. 3, 2017-- Today at CES Unveiled in Las Vegas , Sleep Number will introduce the Sleep Number 360 ™ smart bed , one of the most
10/19/16
Reported net sales of $368 million and EPS of $0.56 Reported record year-to-date operating cash flows of $145 million Updated 2016 EPS outlook to $1.15 to $1.25 per share MINNEAPOLIS --(BUSINESS WIRE)--Oct. 19, 2016-- Select Comfort Corporation (NASDAQ: SCSS) today reported third quarter 2016
10/5/16
MINNEAPOLIS --(BUSINESS WIRE)--Oct. 5, 2016-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the third quarter ended Oct. 1, 2016 , after close of the regular trading session on Oct. 19, 2016 . Management will host its regularly scheduled conference call to discuss the company’s
9/15/16
New “it bed” by Sleep Number delivers smart, adjustable sleep at a great value MINNEAPOLIS --(BUSINESS WIRE)--Sep. 15, 2016-- Sleep Number, the world’s leader in sleep innovation, today announced the launch of the it ™ bed , a revolutionary new smart bed that combines dual adjustability, sleep
7/20/16
Reported net sales of $277 million and EPS of $0.03 Share repurchase authorization increased to $300 million Reiterates full-year 2016 EPS outlook of $1.25 to $1.45 per share MINNEAPOLIS --(BUSINESS WIRE)--Jul. 20, 2016-- Select Comfort Corporation (NASDAQ: SCSS) today reported second quarter 2016
7/6/16
MINNEAPOLIS --(BUSINESS WIRE)--Jul. 6, 2016-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the second quarter ended July 2, 2016 , after close of the regular trading session on July 20, 2016 . Management will host its regularly scheduled conference call to discuss the
6/20/16
     Newest store in Anchorage is first Sleep Number store outside contiguous U.S.             Download Sleep Number is opening its first store in Alaska on June 20 – the first retail location outside the lower 48 states. It's located at 320 W. 100th Ave., in Anchorage (near Target and Cabela's),
5/19/16
Newest store in Eden Prairie, Minnesota is number 500 MINNEAPOLIS --(BUSINESS WIRE)--May 19, 2016-- Tomorrow Select Comfort will mark a major retail milestone by opening its 500 th Sleep Number® store. Located in Eden Prairie, Minn. , the store features the latest store design and experience, which
4/28/16
Reported net sales of $353 million and EPS of $0.27 Generated $52 million in operating free cash flow and repurchased $50 million of the company's common stock Reiterates full-year 2016 EPS outlook of $1.25 to $1.45 per share MINNEAPOLIS --(BUSINESS WIRE)--Apr.
4/1/16
State-of-the-art smart home showcases latest sleep technology MINNEAPOLIS --(BUSINESS WIRE)--Apr. 1, 2016-- Sleep Number is sponsoring this year’s HGTV ® Smart Home, which showcases best-in-class home technology products. Cleverly constructed with solutions to enhance entertaining, everyday living
3/31/16
Kathy Roedel , executive vice president and chief services and fulfillment officer to retire; Suresh Krishna named senior vice president and chief operations, supply chain and lean officer MINNEAPOLIS --(BUSINESS WIRE)--Mar. 31, 2016-- Select Comfort Corporation (NASDAQ: SCSS) today announced
3/23/16
Announces First Quarter Results will be Released April 28 MINNEAPOLIS --(BUSINESS WIRE)--Mar. 23, 2016-- Select Comfort Corporation (NASDAQ:SCSS) today provided an update on the implementation of its vertically integrated enterprise resource planning (“ERP”) platform.
3/15/16
MINNEAPOLIS --(BUSINESS WIRE)--Mar. 15, 2016-- Today Select Comfort Corporation (NASDAQ: SCSS) announces the appointment of Vicki A. O’Meara, chief executive officer of Analytics Pros, Inc. , and Barbara R. Matas , former managing director and chairman, Leveraged Finance, of Citigroup Global
3/10/16
SleepIQ ® data proves Tuesday Night is best for Daylight Saving Time MINNEAPOLIS --(BUSINESS WIRE)--Mar. 10, 2016-- Oh, hello Daylight Saving Time! We didn’t see you there. You’d like an hour of everyone’s weekend? That seems harmless. That’s plenty of time to adjust, right?
2/11/16
Enterprise Resource Planning (ERP) system implementation impacts Q4 results by $0.43 per share Reports fourth-quarter net loss of $0.42 per share and full-year earnings of $0.97 per share Repurchased $98 million of the company's common stock in 2015 versus $45 million in 2014 Provides 2016 outlook
1/5/16
Introducing the award-winning it™ bed that makes you smarter (about sleep) LAS VEGAS --(BUSINESS WIRE)--Jan. 5, 2016-- The words ‘Las Vegas’ and ‘quality sleep’ aren’t typically found in the same sentence. But this week, tech-savvy enthusiasts looking for better sleep have found it at the 2016
1/5/16
PLYMOUTH, Minn. --(BUSINESS WIRE)--Jan. 5, 2016-- Press Kit Materials are Available at: http://www.tradeshownews.com/events/2016-international-ces/sleepnumber/ Company: Sleep Number Booth/Stand: 73316 Event: 2016 International CES Jan 6 - 9, 2016 Las Vegas, NV, US Web: http://sleepnumber.com
12/29/15
New research from Sleep Number shows Sleep Number products improve sleep quality MINNEAPOLIS --(BUSINESS WIRE)--Dec. 29, 2015-- The numbers are in: Sleep Number customers who adjust the firmness of their bed — their Sleep Number ® setting — are 58 percent more likely to have improved sleep quality.
11/4/15
Third quarter net sales increased 16% to $374 million , including an 11% comparable sales increase Third quarter EPS increased 41% to $0.62 per share Year-to-date net sales increased 20% and EPS 51% Company reiterates full-year 2015 guidance of $1.35 per share MINNEAPOLIS --(BUSINESS WIRE)--Nov.
10/15/15
MINNEAPOLIS --(BUSINESS WIRE)--Oct. 15, 2015-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the third quarter ended Oct. 3, 2015 , after close of the regular trading session on Nov. 4, 2015 . Management will host its regularly scheduled conference call to discuss the company’s
9/10/15
Advances its Sleep and Wellness Capabilities Opens New $100 Million Revolving Credit Facility MINNEAPOLIS --(BUSINESS WIRE)--Sep. 10, 2015-- Select Comfort Corporation (NASDAQ: SCSS) (“Sleep Number” or “the company”), the leader in sleep innovation, is acquiring BAM Labs, Inc.
7/22/15
Second quarter net sales increased 17% to a record $275 million , including a 13% comparable sales increase Second quarter EPS increased 31% to $0.21 per share Reiterates full-year 2015 outlook of $1.35 per share MINNEAPOLIS --(BUSINESS WIRE)--Jul. 22, 2015-- Select Comfort Corporation (NASDAQ:
7/8/15
MINNEAPOLIS --(BUSINESS WIRE)--Jul. 8, 2015-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the second quarter ended Jul. 4, 2015 , after close of the regular trading session on Jul. 22, 2015 . Management will host its regularly scheduled conference call to discuss the
4/22/15
Raises Full-Year 2015 Outlook First quarter net sales increased 27% to an all-time quarterly record of $350 million , with 22% comparable sales growth First quarter EPS increased 74% to an all-time quarterly record of $0.54 Full-year outlook raised to $1.35 per share MINNEAPOLIS --(BUSINESS
4/13/15
MINNEAPOLIS --(BUSINESS WIRE)--Apr. 13, 2015-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the first quarter ended Apr. 4, 2015 , after close of the regular trading session on Apr. 22, 2015 . Management will host its regularly scheduled conference call to discuss the
2/11/15
Provides 2015 and long-term outlook Fourth-quarter net sales increased 40% to $322 million , including a 22% company-controlled comparable sales gain Fourth-quarter EPS increased 192% to $0.35 and full-year EPS increased 16% to $1.25 2015 outlook of $1.30 per diluted share and 2019 outlook of $2.75
10/22/14
Net sales increased 23% to a record $323 million , including a 16% company-controlled comparable sales increase EPS increased 22% to $0.44 Share repurchase authorization increased to $250 million Full-year 2014 outlook raised to $1.12 per share MINNEAPOLIS --(BUSINESS WIRE)--Oct.
10/1/14
MINNEAPOLIS --(BUSINESS WIRE)--Oct. 1, 2014-- Select Comfort Corporation (NASDAQ:SCSS) will release results for the third quarter ended Sept. 27, 2014 , after close of the regular trading session on Oct. 22, 2014 . The timing of the release aligns more closely with the filing of our Form 10-Q.
7/16/14
Net sales increased 13% to a record $235 million , including a 7% company-controlled comp sales increase Reports EPS of $0.16 Reiterates full-year 2014 outlook of $1.07 per share MINNEAPOLIS --(BUSINESS WIRE)--Jul. 16, 2014-- Select Comfort Corporation (NASDAQ:SCSS) today reported second-quarter
6/25/14
MINNEAPOLIS --(BUSINESS WIRE)--Jun. 25, 2014-- Select Comfort Corporation (NASDAQ: SCSS) will release results for the second quarter ended Jun. 28, 2014 , after close of the regular trading session on Jul. 16, 2014 . Management will host its regularly scheduled conference call to discuss the
6/4/14
Now Available Nationwide on All Sleep Number Beds MINNEAPOLIS --(BUSINESS WIRE)--Jun. 4, 2014-- SLEEP NUMBER, a sleep innovation leader whose mission is to improve lives by individualizing sleep experiences, today announced that its proprietary SleepIQ™ technology is now available on all Sleep
4/17/14
Generates record first-quarter net sales of $276 million , a 7% year-over-year increase Reports EPS of $0.31 Confirms 2014 outlook MINNEAPOLIS -- (BUSINESS WIRE) -- Apr. 17, 2014 -- Select Comfort Corporation (NASDAQ: SCSS) today reported first-quarter 2014 results for the period ended March 29,
4/3/14
MINNEAPOLIS -- (BUSINESS WIRE) -- Apr. 3, 2014 -- Select Comfort Corporation (NASDAQ: SCSS) will release results for the first quarter ended Mar. 29, 2014 , after close of the regular trading session on Apr. 17, 2014 . Management will host its regularly scheduled conference call to discuss the
2/5/14
Generates Fourth-quarter Net Sales of $231 Million , a 5% Year-over-year increase Reports Fourth-quarter EPS of $0.12 and Full-year EPS of $1.08 on a GAAP basis Provides 2014 outlook MINNEAPOLIS --(BUSINESS WIRE)--Feb. 5, 2014-- Select Comfort Corporation (NASDAQ:SCSS) today reported fourth-quarter
1/6/14
MINNEAPOLIS --(BUSINESS WIRE)--Jan. 6, 2014-- Select Comfort announced today that Kevin Brown , Sleep Number ® setting 35, is joining the company’s senior leadership team as senior vice president and chief marketing officer. In this role, Brown will lead the organization in refinement and
1/6/14
MINNEAPOLIS --(BUSINESS WIRE)--Jan. 6, 2014-- Select Comfort Corporation (NASDAQ: SCSS) today reported that preliminary fourth-quarter 2013 total net sales grew 5% year-over-year to $231 million , with flat company-controlled comparable sales growth. The mid-point of the company’s fourth-quarter

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