Sleep Number Corporation provides sleep solutions and services. It designs, manufactures, markets, retails and services beds and bedding accessories, such as mattresses, adjustable bases, pillows, sheets, and other bedding products under the Sleep Number and FlextFit brands. The Company sells its products directly to consumers through retail, online and phone, as well as through wholesale.

Type
Public
HQ
Minneapolis, US
Founded
1987
Size (employees)
3,658 (est)
Sleep Number was founded in 1987 and is headquartered in Minneapolis, US
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Sleep Number Office Locations

Sleep Number has an office in Minneapolis
Minneapolis, US (HQ)
1001 Third Avenue South
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Sleep Number Financials and Metrics

Sleep Number Financials

Sleep Number's revenue was reported to be $1.31 b in FY, 2016 which is a 8% increase from the previous period.
USD

Revenue (Q1, 2018)

388.6 m

Gross profit (Q1, 2018)

237.5 m

Gross profit margin (Q1, 2018), %

61.1%

Net income (Q1, 2018)

20.5 m

EBIT (Q1, 2018)

26.9 m

Market capitalization (25-May-2018)

1 b

Closing share price (25-May-2018)

28.1

Cash (31-Mar-2018)

2.3 m
Sleep Number's current market capitalization is $1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

960.2 m1.2 b1.2 b1.3 b

Revenue growth, %

20%5%8%

Cost of goods sold

358.4 m449.9 m472.9 m501.1 m

Gross profit

601.8 m706.9 m740.8 m810.2 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

263.7 m234.8 m323.4 m373.9 m349.8 m275.3 m368 m353 m276.9 m393.9 m284.7 m402.6 m388.6 m

Cost of goods sold

97.3 m92.4 m124.8 m140.3 m134 m104.8 m135.6 m143.9 m105.6 m147.4 m108.1 m149.2 m151.2 m

Gross profit

166.4 m142.4 m198.6 m233.6 m215.8 m170.5 m232.3 m209.1 m171.3 m246.5 m176.6 m253.5 m237.5 m

Gross profit Margin, %

63%61%61%62%62%62%63%59%62%63%62%63%61%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

58.2 m52 m21 m11.6 m

Inventories

40.2 m53.5 m86.6 m75 m

Current Assets

189.5 m232.6 m197.9 m138.3 m

PP&E

129.5 m165.5 m204.4 m208.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Cash

81.3 m60.4 m37.1 m78.4 m72.7 m46.4 m26.1 m45.4 m29.5 m2.4 m36.5 m2.1 m29.9 m2.3 m

Inventories

41.3 m44.6 m43.2 m48.7 m77.8 m56 m68.4 m70.6 m81 m73.7 m66.9 m69.9 m79.2 m86.8 m

Current Assets

220.5 m196.2 m168.9 m238 m246.2 m235.5 m217.5 m190.7 m172.3 m147.3 m149 m129.2 m164.2 m142.4 m

PP&E

117.8 m137.6 m151.5 m159.5 m197.9 m177.7 m186.7 m203.7 m203.5 m202.1 m207.2 m205.6 m206.7 m204.3 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

60.1 m68 m50.5 m51.4 m

Depreciation and Amortization

30.8 m39.8 m47.6 m57.2 m

Inventories

(3.9 m)(13 m)(33 m)11.6 m

Accounts Payable

(3.5 m)14.3 m19.1 m(5 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

53.7 m17 m25.5 m49 m71.7 m28.8 m39.8 m40.1 m13 m14.4 m24.5 m23.7 m49.3 m20.5 m

Depreciation and Amortization

22.2 m9.2 m19.2 m29.6 m33.7 m10.8 m21.9 m42.6 m13.9 m28 m16.2 m31.2 m46 m15.7 m

Inventories

(5.1 m)(4.4 m)(3 m)(8.6 m)(24.1 m)(2.5 m)(14.8 m)16 m5.6 m12.9 m8.2 m5.2 m(4.2 m)(2.5 m)

Accounts Payable

11 m3.6 m(1 m)27.4 m24.6 m7.5 m7.9 m(1 m)(495 k)(15.3 m)(1.4 m)11.9 m33.3 m123 k
USDY, 2018

Financial Leverage

12.7 x
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Sleep Number Operating Metrics

Sleep Number's Average Revenue per Store was reported to be $2.3k in Q2, 2018. Sleep Number's Stores was reported to be 540 in Q2, 2018.
FY, 2014Q1, 2016Q2, 2016Q3, 2016FY, 2015Q1, 2017Q2, 2017Q3, 2017FY, 2016Q1, 2018Q2, 2018

Average Revenue per Mattress Unit

$3.67 k$3.92 k$4.08 k$3.99 k$4.03 k$3.98 k$4.21 k$3.96 k$4.05 k$4.05 k$4.31 k

Average Revenue per Store

$2.33 m$2.42 k$2.48 k$2.26 k$2.38 m$2.36 k$2.33 k$2.25 k$2.36 m$2.37 k$2.34 k

Revenue per Gross Square Foot

$1.03 k$1.04 k$1.05 k$1.06 k$980 $960 $937 $895 $937 $926 $906

Stores

463 463 467 475 488 497 506 527 540 546 540
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Sleep Number News and Updates

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