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Stock impact report

Home Furniture Retailer Stocks Q4 Recap: Benchmarking Sleep Number (NASDAQ:SNBR) [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
Furniture retailers understand that ‘home is where the heart is' but that no home is complete without that comfy sofa to kick back on or a dreamy bed to rest in. These stores focus on providing not only what is practically needed in a house but also aesthetics, style, and charm in the form of tables, lamps, and mirrors. Decades ago, it was thought that furniture would resist e-commerce because of the logistical challenges of shipping large furniture, but now you can buy a mattress online and get it in a box a few days later; so just like other retailers, furniture stores need to adapt to new realities and consumer behaviors. The 4 home furniture retailer stocks we track reported a mixed Q4; on average, revenues were in line with analyst consensus estimates while next quarter's revenue guidance was 9.4% below consensus. Inflation (despite slowing) has investors prioritizing near-term cash flows, but home furniture retailer stocks held their ground better than others, with the share Show less Read more
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