SN
SNBR.O
—
NASDAQ
Home Furnishings
Sleep Number Corp
LatestSleep Country closes Sleep Number deal, enters US market
Last 30 days
1D5D1M3M6MYTD1Y5YMax
Live price chart loads from the market-data widget.
Mcap
1,7M USD
P/E
—
EV / Rev
—
Div yield
—
Op margin
-3,3 %
ROE
22,8 %
Net margin
-9,3 %
Debt / equity
-1,02
Beta
—
52w range
—
Volume
25
Day range
—
Prev close
$1,82
Open
—
Next earnings
2026-10-28
Ex-dividend
—
TR 1Y
—
About
Sleep Number Corp designs, markets, and sells adjustable air mattress systems and related products, primarily through direct-to-consumer channels and retail partners.
Business. Sleep Number Corp (SNBR.O) is a home furnishings company that designs, manufactures, and sells adjustable bed bases and mattresses. The firm is headquartered in the United States and is primarily listed on the NASDAQ stock exchange. It operates within the Consumer Cyclicals sector, specifically focusing on the Cyclical Consumer Products industry group. The company generates revenue through the direct sale of its home furnishings products.
Classification99 %
SectorConsumer Discretionary
Industry groupHome Furnishings
Generated · model-assisted
Sell-side consensus
HOLD4 analysts
0 buy4 hold0 sell
Avg 12m price target4,50
Analyst recommendations
4 analysts · consensus HoldBuy0
Hold4
Sell0
12-month price target
4,50
Consensus of sell-side coverage.
At a glance
Score
—
not yet scored
Valuation
—
valuation pending
Analysts→
Hold
4 analysts · indicative
Ownership→
BlackRock Institutional Trust Company, N.A.
largest disclosed fund holder
Profitability→
22,8 %
return on equity
Quality
—
not yet scored
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
— missing data
News & coverage
1Sector rotation
Sector1D1Mvs mkt
Materials+2,3 %+6,6 %+1,7 %
Communication Services+2,2 %−5,5 %+1,7 %
Energy+0,6 %+3,3 %+0,0 %
Health Care+0,6 %−0,8 %+0,0 %
Consumer Discretionary · THIS SECTOR+0,4 %+7,7 %−0,2 %
Information Technology+0,3 %+7,8 %−0,3 %
Financials−0,3 %−2,8 %−0,9 %
Consumer Staples−0,4 %+2,5 %−1,0 %
Real Estate−0,7 %+10,9 %−1,3 %
Industrials−1,9 %−3,1 %−2,5 %
Utilities−1,9 %+28,2 %−2,5 %
Developing storylines
No tracked sagas currently linked to SNBR.O. Browse all sagas →
Analysis
AI analysis
Generated · analysis pipeline · tier hybrid · as of 2026-08-04
↑ At a glance
Opportunity
— missing data
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
— missing data
Signals & dispatch
peak dispatch · 2026-08-01
Composite-score breakdown
Synthesis
Business
Sleep Number Corp (SNBR.O) is a home furnishings company that designs, manufactures, and sells adjustable bed bases and mattresses. The firm is headquartered in the United States and is primarily listed on the NASDAQ stock exchange. It operates within the Consumer Cyclicals sector, specifically focusing on the Cyclical Consumer Products industry group. The company generates revenue through the direct sale of its home furnishings products.
Classification99 %
SectorConsumer Discretionary
Industry groupHome Furnishings
AI synthesis
GENERATEDSleep Number's capital structure is highly leveraged, with total liabilities of $1.26 billion and total equity of -$578.5 million, resulting in a debt-to-equity ratio of -1.02. The company's liquidity position is weak, with cash and equivalents of only $1.69 million and a current ratio of 0.16, indicating significant short-term liquidity risk.
Profitability metrics show a deteriorating trend, with a net loss of $131.96 million and an operating loss of $46.59 million in the latest period. Return on equity is 22.81%, but this is misleading due to the negative equity base. Return on assets is -19.4%, well below the typical performance of the Home Furnishings industry.
The company's revenue is concentrated in the U.S. market, with no material international exposure disclosed. Sleep Number's product portfolio is centered on adjustable beds and related accessories, with no material diversification into other home furnishings categories.
Growth prospects are mixed. While the company maintains a market cap of $36.87 million, it has not demonstrated consistent revenue growth in recent periods. The operating cash flow is negative at -$3.28 million, and free cash flow is -$90.76 million, indicating a lack of cash generation to support expansion.
The risk profile is elevated, with a medium liquidity risk and a negative net cash position after subtracting total debt. The company has not issued any dilutive shares in the latest period, and the dilution risk is currently low. However, the negative equity position and high leverage could necessitate future capital raises, which would increase dilution risk.
Recent filings and transcripts show that Sleep Number is focusing on cost optimization and inventory management to improve its financial position. Analysts have assigned a mean price target of $4.50, with all four recommendations being "Hold".
Key takeaways
- Sleep Number is operating with a negative equity position and high leverage, indicating significant financial distress.
- The company's liquidity is critically low, with a current ratio of 0.16 and minimal cash reserves.
- Despite a high return on equity, the negative equity base makes this metric misleading.
- Analysts have not issued any "Buy" or "Strong Buy" ratings, reflecting cautious sentiment.
- The company's growth strategy is constrained by poor cash flow generation and a weak balance sheet.
Bull / Bear case
Generated · model-assisted— missing data
In focus — financials by report
Valuation
Market price
$0,07
Market cap
$36.9M
Enterprise valueⓘ
$623.4M
P/Eⓘ
—
Non-GAAP P/Eⓘ
—
EV / Revenueⓘ
—
EV / Op incomeⓘ
—
EV / OCFⓘ
—
P / Bⓘ
—
P / Tangible bookⓘ
—
Tangible book
-$578.5M
Net cashⓘ
-$586.5M
Current ratioⓘ
0.2
Debt / equityⓘ
-1.0
ROAⓘ
-19.4%
ROEⓘ
22.8%
Cash conversionⓘ
2.0%
CapEx / revenueⓘ
-1.0%
SBC / revenueⓘ
—
Dilution ratioⓘ
0.0%
Revenue by segment
Business relationships
— missing data
Supply chain
— missing data
Peer comparison
Peer comparison7 peers · vs SNBR · multiples and returns
MH
MHK—
Mohawk Industries Inc
—
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
SG
SGI—
Somnigroup International Inc
$66,64
13,9B USDP/E
30,1x
— vs self
Div yield
0,8 %
— vs self
ROE
16,8 %
-6,0 vs self
LO
LOVE—
Lovesac Co
$16,84
248,9M USDP/E
57,6x
— vs self
Div yield
—
— vs self
ROE
1,9 %
-20,9 vs self
PR
PRPL—
Purple Innovation Inc
$8,90
970,0M USDP/E
—
— vs self
Div yield
—
— vs self
ROE
173,2 %
+150,4 vs self
NT
NTZ—
NTZ
$1,29
—P/E
—
— vs self
Div yield
—
— vs self
ROE
—
— vs self
BS
BSET—
Bassett Furniture Inds
$19,57
169,2M USDP/E
20,2x
— vs self
Div yield
5,6 %
— vs self
ROE
3,7 %
-19,1 vs self
HO
HOFT—
Hooker Furnishings Corp
$14,20
153,0M USDP/E
—
— vs self
Div yield
3,5 %
— vs self
ROE
-1,9 %
-24,7 vs self
Market position
Stress test
— missing data
Predictor forecast
Next quarternear-term
Earnings · next quarterconf 45 %
EPS
Consensus EPS
-0,52
Predicted surprise
+0,00
Beat probability
45 %
Analysts
4
Other metrics
Revenue
—
no estimate
Segment revenue
—
no estimate
Margin
—
no estimate
Segment margin
—
no estimate
as of 2026-05-16 · Earnings Surprise V1
Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
Full fiscal year~1 year ahead
Full fiscal year · our forecast vs guidance vs consensus
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -0,52 |
| Revenue | —no estimate | —no estimate | 1,4B USD |
| Operating income | —no estimate | —no estimate | 37,2M USD |
Full-year consensus mean (period as reported by source) · consensus in USD. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
Probabilistic model output — not investment advice. · generated 2026-08-04
Options
— missing data
Short squeeze
— missing data
Earnings-call key lines
— missing data
Consensus distribution
sell-side coverageRecommendation distribution4 analysts
Strong buy0
Buy0
Hold4
Sell0
Strong sell0
12-month price target$4,50 · Median $4,50
Low $4,00High $5,00
Operating income · consensus37,2M USD
EPS surprise
−938,8 %
reported vs consensus · miss
Revenue surprise
+3,4 %
reported vs consensus · beat
Estimate revisions
consensus EPS · 26-week trend— missing data
Sell-side observations
Low$4,00
Mean$4,50
Median$4,50
High$5,00
Spot$0,07
+5900.0 %implied to mean12-month sell-side price targets · ▲ spot
Themes
— missing data
ESG
— missing data
Risk factors
Dilution riskLow
Liquidity riskMedium
Filing-based flags
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Op Margin-3,3 %Bottom quartile
Net Margin-9,3 %Bottom quartile
ROE22,8 %Best in class
Capex / Rev-1,0 %Above P75
D/E-1,02Best in class
Cash Conv0,02Below median
Corporate actions / M&A
— missing data
FX exposure
— missing data
Comparable transactions
— missing data
Derivatives & instruments
— missing data
Actions
Ask Handelsavisen
— missing data
Data sources
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
How metrics are computed
- Return On Equitynet_income / total_equity
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Market Capmarket_price * shares_outstanding_diluted
- Ev To Revenueenterprise_value / revenue
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
Source documents
- Sleep Number Corp Market data — financials · 2026-05-29
- Sleep Number Corp Market data — analyst estimates · 2026-05-29
- Sleep Number Corp Market data — ESG · 2026-05-29
Ownership & reference
Top holders
- Investment Managers · as of 2024-06-300,00 %$16M
- Institutional Investor · as of 2022-09-300,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2024-12-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2025-12-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Funds · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
Net selling0 buys · 6 sellsnet -$702K13 insiders · last 365d
- Director · Common StockSold 10 585 @ $0,13$1K · 2026-06-22
- EVP Chief Legal & Risk Officer · Common StockSold 7 964 @ $0,31$2K · 2026-06-18
- Director · Common StockSold 3 020 @ $0,22$666 · 2026-06-18
- Principal Accounting Officer · Common StockOther 614 @ $0,40$243 · 2026-06-12
- EVP, Chief Marketing Officer · Common StockOther 4 293 @ $0,41$2K · 2026-06-12
- EVP, Chief Product Officer · Common StockOther 81 512 @ $0,37$30K · 2026-06-12
- SVP, Chief Supply Chain · Common StockOther 21 566 @ $0,38$8K · 2026-06-12
- Director · Common StockOther 97 272 @ $0,44$42K · 2026-06-12
- EVP, Retail & People Officer · Common StockSold 3 130 @ $0,66$2K · 2026-06-12
- EVP, Retail & People Officer · Common StockOther 30 720 @ $0,37$11K · 2026-06-12
- EVP Chief Legal & Risk Officer · Common StockOther 40 000 @ $0,39$16K · 2026-06-12
- 10% owner · Common Stock, par value $0.01 per shareSold 330 732 @ $1,78$588K · 2026-05-28
- 10% owner · Common Stock, par value $0.01 per shareSold 59 944 @ $1,78$107K · 2026-05-28
- Director · Common StockOther 15 067 · 2026-05-21
- Director · Common StockOther 15 067 · 2026-05-21
- Director · Common StockOther 15 067 · 2026-05-21
- Director · Common StockOther 15 067 · 2026-05-21
- Director · Common StockOther 15 067 · 2026-05-21
- EVP, Chief Marketing Officer · Common StockOther 2 949 @ $1,60$5K · 2026-05-15
- EVP, Chief Sales & Services · Common StockOther 5 557 @ $3,45$19K · 2026-03-16
- Principal Accounting Officer · Common StockOther 5 581 · 2026-03-16
- Principal Accounting Officer · Common StockOther 2 233 · 2026-03-16
- Principal Accounting Officer · Common StockOther 352 @ $3,45$1K · 2026-03-16
- EVP, Chief Sales & Services · Common StockOther 55 804 · 2026-03-16
- President and CEO · Common StockOther 279 018 · 2026-03-16
Short positioning
5.2Mshares short-15.3% vs prior
1days to cover
49.4%short of daily vol
1.7Mfails-to-deliver
as of 2026-06-15 · short-interest report (free)
Geographic breakdown
— missing data
Listings · one canonical issuer
all listings resolve to the canonical
SNBR.OCanonical
NASDAQ · USD
Intel & risk
peak dispatch · 2026-08-01
OSINT findings
Dilution riskLow
Liquidity riskMedium
Net cash is negative after subtracting total debt.
Evidence & claims
From filings & derived data- Total liabilities (YoY) (2026-01-03 vs 2024-12-28): -4.1%Derived (calculated)
- Total assets (YoY) (2026-01-03 vs 2024-12-28): -21.0%Derived (calculated)
- Shareholders' equity (YoY) (2026-01-03 vs 2024-12-28): -28.1%Derived (calculated)
- Revenue (YoY) (2026-01-03 vs 2024-12-28): -16.1%Derived (calculated)
- R&D expense (YoY) (2026-01-03 vs 2024-12-28): -25.0%Derived (calculated)
- Operating income (YoY) (2026-01-03 vs 2024-12-28): -303.7%Derived (calculated)
- Operating cash flow (YoY) (2026-01-03 vs 2024-12-28): -112.1%Derived (calculated)
- Net income (YoY) (2026-01-03 vs 2024-12-28): -549.2%Derived (calculated)
- Net margin (FY 2026-01-03): -9.4%Derived (calculated)
- Gross margin (FY 2026-01-03): 59.0%Derived (calculated)
- Return on equity (FY 2026-01-03): 22.8%Derived (calculated)
- Return on assets (FY 2026-01-03): -19.4%Derived (calculated)
- Current ratio (FY 2026-01-03): 0.16xDerived (calculated)
- Debt-to-equity (FY 2026-01-03): -2.18xDerived (calculated)
- Gross profit (YoY) (2026-01-03 vs 2024-12-28): -16.9%Derived (calculated)
- Capex (YoY) (2026-01-03 vs 2024-12-28): -38.7%Derived (calculated)
- EPS (diluted) (YoY) (2026-01-03 vs 2024-12-28): -541.1%Derived (calculated)
- Cash & equivalents (YoY) (2026-01-03 vs 2024-12-28): -13.2%Derived (calculated)
- EPS (basic) (YoY) (2026-01-03 vs 2024-12-28): -541.1%Derived (calculated)
- Cost of revenue (YoY) (2026-01-03 vs 2024-12-28): -14.9%Derived (calculated)
- Gross profit (annual): USD 832.95MSEC XBRL filing
- R&D expense (annual): USD 33.94MSEC XBRL filing
- Cost of revenue (annual): USD 578.5MSEC XBRL filing
- EPS (basic) (annual): USD-PER-SHARES -6SEC XBRL filing
Showing 24 of 60 surfaced claims.
Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.
The Thread
Everything we know, in order2026-10-28EVENTUpcomingQ3 2026 earnings (expected) estimated date
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: insider_flow_signal (90d)
2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
2026-06-22 00:00 UTCINSIDER11 insider transactions — 2026-06 · net sell $116k
2026-06-22INSIDERHOWARD JULIE sold 10.6k sh — Director ~$1k
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
2026-06-18INSIDERHellfeld Samuel R sold 8.0k sh — EVP Chief Legal & Risk Officer ~$2k
2026-06-18INSIDERMENDEZ ANGEL L sold 3.0k sh — Director ~$1k
2026-06-12INSIDERBaker Kelly F. transacted 614 sh — Principal Accounting Officer ~$0k
2026-06-12INSIDERMinson Amber transacted 4.3k sh — EVP, Chief Marketing Officer ~$2k
2026-06-12INSIDERBarra Melissa transacted 81.5k sh — EVP, Chief Product Officer ~$30k
2026-06-12INSIDERSkogerboe Tanya C. transacted 21.6k sh — SVP, Chief Supply Chain ~$8k
2026-06-12INSIDERMacadam Stephen E. transacted 97.3k sh — Director ~$42k
2026-06-12INSIDERKrusmark Christopher D sold 3.1k sh — EVP, Retail & People Officer ~$2k
2026-06-12INSIDERKrusmark Christopher D transacted 30.7k sh — EVP, Retail & People Officer ~$11k
2026-06-12INSIDERHellfeld Samuel R transacted 40.0k sh — EVP Chief Legal & Risk Officer ~$16k
2026-05-28 00:00 UTCINSIDER8 insider transactions — 2026-05 · net sell $700k
2026-05-28INSIDERSTADIUM CAPITAL MANAGEMENT LLC sold 330.7k sh Common Stock, par value $0.01 per share — 10% owner ~$588k
2026-05-28INSIDERSTADIUM CAPITAL MANAGEMENT LLC sold 59.9k sh Common Stock, par value $0.01 per share — 10% owner ~$107k
2026-05-21INSIDEREyler Phillip transacted 15.1k sh — Director
2026-05-21INSIDERHOWARD JULIE transacted 15.1k sh — Director
2026-05-21INSIDERMENDEZ ANGEL L transacted 15.1k sh — Director
2026-05-21INSIDERKILPATRICK DEBORAH L. transacted 15.1k sh — Director
2026-05-21INSIDERMacadam Stephen E. transacted 15.1k sh — Director
2026-05-15INSIDERMinson Amber transacted 2.9k sh — EVP, Chief Marketing Officer ~$5k
Showing the 40 most recent of 48 entries.
The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04
Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data
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