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0 0 0.0243183492999263 0.0132645541635961 0.0132645541635961 -0.00147383935151065 -0.000736919675755327 -0.00147383935151065
Stock impact report

Sleep Number Announces First Quarter 2024 Results [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
Reduced operating expenses by $24 million year-over-year (before restructuring costs) and remain on track to deliver $40 million to $45 million of operating expense reductions for the year Free cash flow increased $21 million compared with the prior year's first quarter Reiterate full-year 2024 adjusted EBITDA outlook of $125 million to $145 million MINNEAPOLIS, April 24, 2024 BUSINESS WIRE )--Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended March 30, 2024. "Our actions to increase operating model efficiencies drove first quarter adjusted EBITDA and gross margin rate ahead of our expectations. We also generated a significant year-over-year increase in free cash flow, as planned, and continue to prioritize paying down debt and reducing leverage," said Shelly Ibach, Chair, President and CEO. "As we build a more durable operating model and as demand for our category improves from recessionary levels, we expect to capitalize on our significant Show less Read more
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