Sleep Number Corporation Stock News

NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”), the largest shareholder of Sleep Number Corporation (NASDAQ: SNBR) (“Sleep Number” or the “Company”) with ownership of approximately 11.7% of the Company's outstanding shares, today released the below open letter to the Company's shareholders. *** December 19...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”) is the largest shareholder of Sleep Number Corporation (NASDAQ: SNBR) (“Sleep Number” or the “Company”), owning approximately 11.7% of the Company's outstanding shares. Today, Stadium Capital issued the below letter to the Company's Board of Directors (the “Bo...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”) is the largest shareholder of Sleep Number Corporation (NASDAQ: SNBR) (“Sleep Number” or the “Company”), owning approximately 11.7% of the Company's outstanding shares. Today, Stadium Capital issued the below letter to shareholders regarding its nomination of ...

Sleep Number demonstrates operational resilience with improving margins (60.8%) and positive free cash flow ($34M) despite revenue headwinds, showing strong execution in a challenging market environment. Technology leadership position and smart bed capabilities create significant competitive advantage, though higher SG&A costs (55%) reflect challenges to educate consumers about air mattress. Tr...

After a long slump for Sleep Number Corp.'s stock price and weaker demand for its smart mattresses, one big investor, Stadium Capital Management, went public with its frustrations with the company on Monday, calling for a shakeup of its board and changes to what it said was a “flawed” search process for a new CEO.

MINNEAPOLIS--(BUSINESS WIRE)--Today, Sleep Number Corporation (Nasdaq: SNBR) (“Sleep Number” or the “Company”) issued the following statement in response to the public letter to shareholders from Stadium Capital Management, LLC (together with its affiliates, “Stadium”): The Board of Directors (the “Board”) and leadership team of Sleep Number welcome shareholder input and suggestions. To that en...

NEW CANAAN, Conn.--(BUSINESS WIRE)--Stadium Capital Management, LLC today sent the below letter to shareholders of Sleep Number Corporation (NASDAQ: SNBR). *** November 25, 2024 Fellow Sleep Number Shareholders: Stadium Capital Management, LLC (together with certain of its affiliates, “Stadium Capital” or “we”) is the largest shareholder of Sleep Number Corporation (“Sleep Number” or the “Compa...

Sleep Number Corporation (NASDAQ:SNBR ) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Dave Schwantes – Vice President-Finance and Investor Relations Shelly Ibach – President and Chief Executive Officer Francis Lee – Chief Financial Officer Conference Call Participants Bobby Griffin – Raymond James Brad Thomas – KeyBanc Capital Markets Peter Keith – Piper Sand...