Full text
Earnings transcript
Read the complete earnings call transcript.
SNBR
Sleep Number Corporation
$1.18
-0.53
(-30.99%)
Delayed data
| Exchange: | NASDAQ |
| Market Cap: | 26.98M |
| Shares Outstanding: | 5.233M |
About The Company
| Sector: | Consumer Cyclical | |||||
| Industry: | Furnishings, Fixtures & Appliances | |||||
| CEO: | Linda A. Findley | |||||
| Full Time Employees: | 3600 | |||||
| Address: |
| |||||
| Website: | https://www.sleepnumber.com |
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides adjustable bases under the FlextFit, and smart beds under the Sleep Number 360 brands. The company sells its products directly to consumers through retail, online, phone, and chat as well as through its e-commerce activities. As of January 2, 2022, it operated approximately 648 retail stores in 50 states. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was founded in 1987 and is headquartered in Minneapolis, Minnesota.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 1,887,482 | 1,682,296 | 1,411,450 |
| Gross Profit | 1,088,530 | 1,002,773 | 832,951 |
| EBITDA | 95,342 | 89,223 | 57,305 |
| Operating Income | 22,942 | 22,872 | 4,105 |
| Net Income | -15,287 | -20,334 | -131,958 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 950,880 | 860,810 | 680,060 |
| Total Liabilities | 1,392,808 | 1,312,396 | 1,258,535 |
| Total Stockholders Equity | -441,928 | -451,586 | -578,475 |
| Total Debt | 972,654 | 936,108 | 942,502 |
| Cash and Cash Equivalents | 2,539 | 1,950 | 1,693 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -9,028 | 27,143 | -3,283 |
| Capital Expenditure | -57,056 | -23,505 | -14,407 |
| Free Cash Flow | -66,084 | 3,638 | -17,690 |
| Net Income | -15,287 | -20,334 | -131,958 |
| Net Change in Cash | 747 | -589 | -257 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2031 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 1,551,179.201 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 1,593,286.341 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 1,568,300 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 100,625.326 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 103,356.825 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 101,735.955 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 39,731.959 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 41,138.706 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 40,304.001 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 641,489.090 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 658,902.468 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 648,569.384 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 1.760 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 1.800 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 1.740 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 1 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 1 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Revenue Stability with Product Focus: Sleep Number reported Q2 2025 net sales of $328 million, reflecting a focused product portfolio in the bedding industry. Despite a decline, the company maintains a significant market presence within the consumer discretionary sector, supported by consistent demand for sleep solutions.
- Operational Efficiency Initiatives: As highlighted in the Q2 2025 earnings call, the company is actively pursuing cost reduction strategies, supply chain efficiency, and product simplification. These efforts aim to improve margins and operational resilience, positioning SNBR favorably for profitability recovery.
- Strong Brand and Innovation: The company’s emphasis on sleep technology and personalized solutions, as per the company profile and earnings call summary, underpins its competitive edge in the industry. This focus on innovation aligns with consumer trends toward health and wellness.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates SNBR intrinsic value between $2.24 – $2.37 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about SNBR valuation
Is Sleep Number Corporation (SNBR) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Sleep Number Corporation (SNBR) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is SNBR a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether SNBR trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is SNBR’s P/E ratio?
You can see SNBR’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for SNBR?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is SNBR a good long-term investment?
Whether SNBR fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
SNBR
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
-30.99
Trading Metrics:
| Open: | [ms_cell_or_dash table='trading_quote' column='open'] | Previous Close: | [ms_cell_or_dash table='trading_quote' column='previousClose'] | |
| Day Low: | [ms_cell_or_dash table='trading_quote' column='dayLow'] | Day High: | [ms_cell_or_dash table='trading_quote' column='dayHigh'] | |
| Year Low: | 1.12 | Year High: | 13.94 | |
| Price Avg 50: | 6.84 | Price Avg 200: | 7.45 | |
| Volume: | 4.694M | Average Volume: | 2.54M |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's freeSNBR full analysis
Welcome to MARKETSNAP’s SWOT analysis for Sleep Number, a company many of you might not have on your radar just yet, but one that’s worth a deep dive for long-term investors. If you’re into building wealth through smart picks in the retail and consumer goods space, let’s unpack what Sleep Number, also known by its ticker SNBR, brings to the table. Today, we’ll cover a quick overview of who they are, touch on recent news and performance, and then get…
