PART I Sleep Number is a wellness technology company and market leader in the design, manufacturing, marketing and distribution of highly innovative sleep solutions. The Company’s purpose is to improve the health and wellbeing of society through higher quality sleep; to date, it has improved the lives of approximately 16 million people. Sleep Number’s Smart Sleepers benefit from individualized sleep experiences, night after night, and are experiencing the physical, mental and emotional benefits of life-changing sleep. Sleep Number’s life-changing, differentiated smart beds combine physical and digital innovations, integrating unparalleled physical comfort with a highly advanced technology platform. The smart beds offer the Company’s signature firmness adjustability, enabling each sleeper adjustable comfort.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2019 |
|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.7B | 1.9B | 2.2B | 1.9B | 1.7B |
| Net Income | -78M | -20M | -15M | 154M | 139M | 82M |
| EPS | $-3.42 | $-0.90 | $-0.68 | $6.16 | $4.90 | $2.70 |
| Free Cash Flow | -47M | 3.6M | -66M | 233M | 243M | 130M |
| ROIC | -3.8% | 2.1% | 1.9% | 16.7% | 18.3% | 11.3% |
| Gross Margin | 60.1% | 59.6% | 57.7% | 60.4% | 62.3% | 61.9% |
| Debt/Equity | 0.00 | -2.91 | -3.15 | -3.18 | -4.57 | -6.06 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -36M | 23M | 23M | 194M | 185M | 112M |
| Operating Margin | -2.5% | 1.4% | 1.2% | 8.9% | 10.0% | 6.6% |
| ROE | 0.0% | - | - | - | - | - |
| Shares Outstanding | 23M | 23M | 22M | 25M | 28M | 30M |
Sleep Number Corp passes 2 of 9 quality checks, indicating weak fundamentals.
The company's 5-year average ROIC is 10.1% with a gross margin of 60.4%. Total shareholder yield (buybacks) is 2.0%. At current prices, the estimated annualized return to fair value is -18.6%.
Sleep Number Corp (SNBR) has a 5-year average return on invested capital (ROIC) of 10.1%. This indicates solid capital allocation.
Sleep Number Corp (SNBR) has a market capitalization of $39M. It is classified as a small-cap stock.
Sleep Number Corp (SNBR) does not currently pay a regular dividend. However, the company returns capital to shareholders through share buybacks, with a buyback yield of 1.98%.
Sleep Number Corp (SNBR) operates in the Household Furniture industry, within the Consumer Cyclical sector.
Sleep Number Corp (SNBR) reported annual revenue of $1.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
Sleep Number Corp (SNBR) has a net profit margin of -1.2%. The company is currently unprofitable.
Sleep Number Corp (SNBR) generated $4 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Sleep Number Corp (SNBR) reported earnings per share (EPS) of $-0.90 in its most recent fiscal year.
Sleep Number Corp (SNBR) has a 5-year average gross margin of 60.4%. This high margin suggests strong pricing power and a potential competitive moat.
The Ledger Terminal provides 12 years of financial data for Sleep Number Corp (SNBR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Sleep Number Corp (SNBR) has a book value per share of $-19.99, based on its most recent annual SEC filing.