Sleep Number

Sleep Number Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 22, 2024
Retail, Luxury, Home Goods, Manufacturing, Specialty, Textiles, EST, Growth, Chair, Webcast, Sleep Number, CST, Environment, Sleep, Public expenditure

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended December 30, 2023.

Key Points: 
  • Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended December 30, 2023.
  • The company expects to generate $60 million to $80 million of free cash flow with capital expenditures of $30 million.
  • Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EST (4 p.m. CST; 2 p.m. PST) today.
  • To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com .

Middle Market Consultancy Growth Operators® Announces New Executive Appointments; Focuses on Transforming Good Companies into Great Companies with Enhanced Services and nextLevel® Value Creation Plan

Retrieved on: 
Tuesday, February 13, 2024
CFO, Accounting, Marketing, Golfsmith, Growth, Interim management, Sleep Number, Consultant, HR, Dick's Sporting Goods, RSM, Management

MINNEAPOLIS, Feb. 13, 2024 /PRNewswire/ -- Positioning a company for growth requires strong Finance and Human Resources capabilities, yet one-third of middle market executives say it's either "very challenging" or "extremely challenging" to find Finance, Accounting and HR professionals with the right experience and skills, according to a recent survey (RSM, 2022). To capitalize on strong market demand, Growth Operators, a leading middle market Finance, Accounting and HR consultancy, is announcing the following executive appointments to expand the firm's differentiated suite of business transformation services and build on its long-standing reputation for transforming Finance, Accounting and HR into functions that empower companies and private equity sponsors to achieve maximum growth and value.

Key Points: 
  • The company announced today that veteran Growth Operators executive Molly Hiller has been promoted to the role of President.
  • Ms. Hiller most recently served as Growth Operators' Chief Operating Officer and Chief Financial Officer.
  • As President, Hiller will assume responsibility for all company operations and will report to the firm's Founder and Chief Executive Officer Rick Nordvold.
  • Laitala-Rupp brings an impressive record and deep executive expertise as past President of Commonwealth Companies, Founder and CEO of Owl Bookkeeping and CFO Services.

Sleep Number Named Among Forbes' Top Companies for Best Customer Service

Retrieved on: 
Wednesday, November 29, 2023
Men, Online Retail, Other Retail, Hardware, Luxury, Specialty, Consumer, Technology, Retail, Women, Seniors, Home Goods, Sleep Number, Health, HSA, Knowledge, Multimedia, FSA, Attitude, Partnership, Chair, Pharmaceutical industry, Online shopping

Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced it earned a spot in the 2024 Forbes Best Customer Service List.

Key Points: 
  • Today, Sleep Number Corporation (Nasdaq: SNBR), a wellness technology leader, announced it earned a spot in the 2024 Forbes Best Customer Service List.
  • The list honors the top companies that customers say best serve their needs in dozens of categories, including knowledge and attitude of staff and speed of service.
  • View the full release here: https://www.businesswire.com/news/home/20231129626853/en/
    Today, Sleep Number announced it earned a spot in the 2024 Forbes Best Customer Service List.
  • “The Forbes Best Customer Service List reflects the outstanding care our sales, home delivery and customer support professionals provide.

Sleep Number® Smart Beds May be an Eligible HSA/FSA Purchase, Helping More Sleepers Achieve Quality Sleep

Retrieved on: 
Thursday, November 16, 2023
Technology, Men, Retail, Health, Manufacturing, Consumer, Home Goods, Luxury, General Health, Hardware, Women, Other Manufacturing, Seniors, Consumer Electronics, Sleep, Sleep Number, Health savings account, Flexible spending account, Head, HSA, Multimedia, Snoring, Science, System, FSA, Partnership, Temperature, Pharmaceutical industry, Nursing, Consumer electronics, 3D printing

The following science-backed innovations may be eligible:

Key Points: 
  • The following science-backed innovations may be eligible:
    Next gen Sleep Number smart beds: Sleep Number’s latest smart beds allow each sleeper to choose their ideal level of firmness, their Sleep Number® setting.
  • ** Plus, 94% of Sleep Number smart bed sleepers report better sleep quality vs a non-smart bed.
  • ***
    Sleep Number Climate360 smart bed: According to a Sleep Number survey, regulating temperature during sleep is an issue for most people, with 80% of couples reporting one or both partners sleep too hot or cold.
  • While it works optimally with Sleep Number smart beds, DualTemp layer may also be used with non-Sleep Number beds.

Sleep Number Appoints Two New Independent Directors, Stephen Macadam and Hilary Schneider

Retrieved on: 
Tuesday, November 7, 2023
Technology, Men, Retail, Consumer, Home Goods, Online Retail, Luxury, Other Retail, Other Consumer, Specialty, Hardware, Women, Seniors, Consumer Electronics, Strategic planning, Health, Enpro Industries, LifeLock, Cooperation, Sleep Number, Veritiv, Independent Advisory Board for Senate Appointments, Entrepreneurship, Sidley Austin, Chair, Strategic Cooperation Agreement, Wag, Louisiana-Pacific, China Hi-Tech Group Co., Ltd., Sleep, Capital allocation line, Management, Security (finance)

Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effective immediately, expanding the Board to twelve members.

Key Points: 
  • Sleep Number Corporation (Nasdaq: SNBR) today announced that it has appointed Stephen E. Macadam and Hilary A. Schneider to its Board of Directors (the “Board”), effective immediately, expanding the Board to twelve members.
  • In conjunction with the appointments, Sleep Number entered into a cooperation agreement (the “Cooperation Agreement”) with Stadium Capital Management, LLC (collectively with its affiliates, “Stadium Capital”), one of the company’s shareholders.
  • “We are pleased to welcome Steve and Hilary, both accomplished public company executives and directors, to the Sleep Number Board,” said Shelly Ibach, Chair, President, and CEO of the company.
  • Sidley Austin LLP is serving as legal counsel and Spotlight Advisors LLC is serving as financial and strategic advisor to Sleep Number.

Sleep Number Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Retail, Home Goods, Specialty, Luxury, Public expenditure, EST, Sleep, Sleep Number, BP, News, EPS, CST, Marketing, Webcast, Chair, Pharmaceutical industry, Cryptocurrency, Fine chemical

Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 30, 2023.

Key Points: 
  • Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 30, 2023.
  • “The third quarter was challenging for Sleep Number and the bedding industry as the consumer demand trajectory changed abruptly midway through the quarter,” said Shelly Ibach, Chair, President and CEO, Sleep Number.
  • The operating expense reductions are incremental to the $80 million of operating expense reductions we expect to realize in 2023.
  • To access the webcast, visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com .

Sleep Number Earns J.D. Power Award, Ranking #1 in Customer Satisfaction with Mattresses Purchased In-store

Retrieved on: 
Thursday, November 2, 2023
Other Manufacturing, Technology, Luxury, Specialty, Manufacturing, Home Goods, Hardware, Retail, Consumer Electronics, Intelligence, EVP, Temperature, Big data, Smart (Sleeper album), Sleep Number, Consumer, Chair, Multimedia, Digital technology, Artificial intelligence, Sleep, AI, J.D. Power, Bed, Hotel

View the full release here: https://www.businesswire.com/news/home/20231101763976/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231101763976/en/
    Today, Sleep Number announced it earned the highest position in the J.D.
  • 1 brand for customer satisfaction with mattresses purchased in-store,” said Shelly Ibach, Chair, President and CEO, Sleep Number.
  • Power 2015, 2016 and 2018 Mattress Satisfaction Reports of customers’ satisfaction with their mattress and among mattresses purchased in-store in the J.D.
  • Power 2023 U.S. Mattress Satisfaction Study, which measures customers’ satisfaction with their mattresses purchased in-store.

Sleep Number Corporation to Announce Third Quarter 2023 Results on November 7th

Retrieved on: 
Monday, October 30, 2023
Technology, Research, Home Goods, Retail, Fitness & Nutrition, Other Consumer, Women, Professional Services, Health, Physical Therapy, Men, Data Analytics, General Health, Science, Textiles, Consumer, Online Retail, Luxury, Hardware, Department Stores, Other Retail, Manufacturing, Biometrics, Consumer Electronics, Sleep Number, EST, Sleep, CST, Webcast, Communications satellite, Cryptocurrency

Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through September 30, 2023, after market close on Tuesday, November 7, 2023.

Key Points: 
  • Sleep Number Corporation (Nasdaq: SNBR) will release its fiscal third quarter results through September 30, 2023, after market close on Tuesday, November 7, 2023.
  • Management will host its regularly scheduled conference call to discuss the company’s results at 5 p.m. EST (4 p.m. CST; 2 p.m. PST).
  • To access the webcast, please visit the investor relations area of the Sleep Number website at https://ir.sleepnumber.com .
  • The webcast replay will remain available for approximately 60 days.

Sleep Number, National Football League and the American Cancer Society Team Up to Deliver Cancer Resources during Crucial Catch

Retrieved on: 
Thursday, September 28, 2023
Luxury, Technology, Fund Raising, General Health, Foundation, Philanthropy, Home Goods, Science, Sports, Health, Specialty, Research, Retail, Football, Consumer Electronics, Online Retail, Oncology, Exercise, NFL, Diet, Sleep, Education, Defender, 2018 Chinese Super League, Cancer, Multimedia, Auction, Sleep Number, ACS, Patient, American Cancer Society, Caregiver, National Football League Players Association, Global Brands Group, Chair, Pharmaceutical industry

Crucial Catch was started by the NFL in 2009 to empower fans to take their health into their own hands through cancer screening, education and risk detection.

Key Points: 
  • Crucial Catch was started by the NFL in 2009 to empower fans to take their health into their own hands through cancer screening, education and risk detection.
  • To date, the initiative has raised over $27 million for ACS through sales of Crucial Catch branded merchandise, NFL Auction items and general fundraising.
  • View the full release here: https://www.businesswire.com/news/home/20230928576143/en/
    Today, wellness technology leader Sleep Number Corporation announced they are the first “Official Crucial Catch Partner of the NFL,” joining forces with the NFL and the American Cancer Society in the fight against cancer.
  • (Graphic: Business Wire)
    Sleep Number is bringing additional cancer prevention resources to the Crucial Catch program.

Ovative Group Named Media Agency Partner for Minnesota Timberwolves and Lynx

Retrieved on: 
Thursday, September 21, 2023
Minnesota Timberwolves, Partnership, Marketing, EVP, POS, Coach, Sale, Sleep Number, SEM, Gil Oved, Duluth Trading Company, Kate Spade, General Mills, Growth, Lynx

MINNEAPOLIS, Sept. 21, 2023 /PRNewswire/ -- The Minnesota Timberwolves and Lynx, have chosen Ovative Group as their Media Agency Partner.

Key Points: 
  • MINNEAPOLIS, Sept. 21, 2023 /PRNewswire/ -- The Minnesota Timberwolves and Lynx, have chosen Ovative Group as their Media Agency Partner.
  • Ovative is an independent media and measurement firm based in Minneapolis, Minn. As part of the partnership, Ovative will oversee strategic media planning, buying, and optimization for both teams, including paid search (SEM), paid social, and programmatic media , along with comprehensive reporting.
  • Serving as a strategic and innovative thought partner, Ovative will become an integral component of the Minnesota Timberwolves and Lynx's journeys towards sustained growth and performance.
  • Steve Baxter , EVP of Strategic Initiatives at Ovative Group, expressed his enthusiasm about the partnership, emphasizing, "We are so excited to partner with the Minnesota Timberwolves and Lynx as we transition from obsessed fans to passionate extensions of the team.