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Stock impact report

Sleep Number (NASDAQ:SNBR) Misses Q1 Sales Targets [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
It made a GAAP loss of $0.33 per share, down from its profit of $0.51 per share in the same quarter last year. Is now the time to buy Sleep Number? Find out in our full research report Sleep Number (SNBR) Q1 CY2024 Highlights: Revenue: $470.4 million vs analyst estimates of $474.3 million (0.8% miss) EPS: -$0.33 vs analyst expectations of -$0.31 (5.8% miss) Gross Margin (GAAP): 58.7%, in line with the same quarter last year Free Cash Flow of $24.44 million, up from $3.03 million in the same quarter last year Same-Store Sales were down 11% year on year Store Locations: 661 at quarter end, decreasing by 10 over the last 12 months Market Capitalization: $326 million “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 I Show less Read more
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