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Stock impact report

Sleep Number Highlights Business Continuity Endeavors During Pandemic

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: Business Wire
Quarterly Earnings Call Announced MINNEAPOLIS--(BUSINESS WIRE)--Sleep Number (Nasdaq: SNBR) today announced numerous actions it has taken in response to the impact of the COVID-19 pandemic. These measures support liquidity and business continuity during this time of global uncertainty.“The COVID-19 pandemic is a human and economic crisis unlike anything our country and world have ever experienced,” said Shelly Ibach, President and CEO, Sleep Number. “We have witnessed how lives and businesses have radically changed in a few weeks’ time. We are focusing our collective energy and resources on keeping our team members safe, serving our customers and ensuring business continuity.”Immediate ActionThe company has taken swift and decisive actions to manage liquidity through the challenging economic environment caused by the pandemic. Starting in mid-March, the company took significant measures to preserve cash: Discontinuing share repurchases, reducing capital expenditures and negotiating Show less Read more
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