Sleep Number Corp
Nasdaq: SNBR - $ Check Current Price
Yesterday’s Closing Price: $7.63
Insiders Buying Price: ($7.12 - $7.28)
52 Week Price Range: ($4.48 - $20.75)
Shares purchased: May 7th
SEC published: May 9th
Sleep Number Corporation is a leading innovator in sleep technology, offering adjustable air-bed mattresses and other sleep-related products designed to improve sleep quality.
Traded on the Nasdaq Stock Market under the symbol "SNBR," the company utilizes advanced sensor technology and data analytics to provide personalized sleep experiences. Sleep Number Corporation is headquartered in Minneapolis, Minnesota.
(1) President & CEO Linda Findley
(2) Executive VP Francis Lee
Recent News on Sleep Number from Google Gemini.
April 30, 2025: Sleep Number Announces First Quarter 2025 Results. The company reported net sales of $393 million, a 16% decrease compared to the first quarter of 2024. They also reported a net loss of $8.6 million, or $0.38 per diluted share. However, the gross profit margin increased to 61.2%.
April 30, 2025: Sleep Number Announces Leadership Team Changes as Part of Organizational Redesign. The company announced a series of changes to its executive leadership team and a broader organizational redesign aimed at streamlining operations, increasing accountability, and accelerating decision-making. This included a 21% reduction in corporate management roles.
April 18, 2025: Sleep Number Announces Inducement Grants under Nasdaq Listing Rule 5635(c)(4). The company granted equity awards to its newly-hired President and Chief Executive Officer, Linda A. Findley, as a material inducement to her employment. These awards include time-vested restricted stock units and performance stock units.