Sleep Number issues going concern warning, says bankruptcy is possible [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
Dive Brief: Sleep Number's debt and liquidity issues have raised “substantial doubt” about its ability to continue as a going concern , the mattress company said in financial filings Thursday. If the company can't obtain the capital it needs to fund operations and meet debt obligations, it will have to resort to measures like restructuring, including possibly bankruptcy, per the filing. Last year, Sleep Number's net sales fell 16% year on year to $1.4 billion, gross margin shrank by 60 points to 59% and net loss widened more than sixfold to $132 million. Dive Insight: Last year, in the midst of a slow-moving turnaround, Sleep Number shook up its top ranks, including bringing on a new chief executive , independent board member and chief financial officer On Thursday, CEO Linda Findley, who arrived in April after leadership stints at Blue Apron and Etsy, told analysts that the company has “radically reset the business by lowering our fixed cost structure and built a leaner,
Show less
Read more
Impact Snapshot
Event Time:
SNBR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SNBR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SNBR alerts
High impacting Sleep Number Corporation news events
Weekly update
A roundup of the hottest topics
SNBR
News
- Sleep Number’s New, Innovative Product Line Available in Stores and Online TodayBusiness Wire
- 5 Must-Read Analyst Questions From Sleep Number's Q4 Earnings Call [Yahoo! Finance]Yahoo! Finance
- 39-year-old mattress chain shares Chapter 11 bankruptcy warning [Yahoo! Finance]Yahoo! Finance
- Williams-Sonoma Earnings: What To Look For From WSM [Yahoo! Finance]Yahoo! Finance
- Sleep Number Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]Yahoo! Finance
SNBR
Earnings
- 3/12/26 - Miss
SNBR
Sec Filings
- 3/24/26 - Form PRE
- 3/23/26 - Form 8-K
- 3/18/26 - Form 4
- SNBR's page on the SEC website