OverviewSuggest Edit

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.

TypePublic
Founded1987
HQMinneapolis, US
Websitesleepnumber.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2019)2,253(-45%)
Job Openings268
Revenue (FY, 2019)$1.7 B(+11%)
Share Price (Sept 2020)$47.6
Cybersecurity ratingBMore

Key People/Management at Sleep Number

Annie L. Bloomquist

Annie L. Bloomquist

Senior Vice President and Chief Product Officer
Shelly R. Ibach

Shelly R. Ibach

President and Chief Executive Officer of Sleep Number
Shelly Ibach

Shelly Ibach

President and CEO
Kevin K. Brown

Kevin K. Brown

Senior Vice President and Chief Marketing Officer
David R. Callen

David R. Callen

Senior Vice President and Chief Financial Officer
Melissa Barra

Melissa Barra

Senior Vice President, Chief Sales, Services and Strategy Officer
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Sleep Number Office Locations

Sleep Number has an office in Minneapolis
Minneapolis, US (HQ)
1001 3rd Ave S
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Sleep Number Financials and Metrics

Sleep Number Revenue

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View revenue for all periods
Sleep Number's revenue was reported to be $1.70 b in FY, 2019
USD

Revenue (FY, 2019)

1.7b

Gross profit (FY, 2019)

1.1b

Gross profit margin (FY, 2019), %

61.9%

Net income (FY, 2019)

81.8m

EBIT (FY, 2019)

112.1m

Market capitalization (25-Sept-2020)

1.3b

Closing stock price (25-Sept-2020)

47.6

Cash (28-Dec-2019)

1.6m

EV

1.8b
Sleep Number's current market capitalization is $1.3 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

743.2m935.0m960.2m1.2b1.2b1.3b1.4b1.5b1.7b

Revenue growth, %

20%5%8%

Cost of goods sold

272.9m338.4m358.4m449.9m472.9m501.1m547.2m603.6m646.4m

Gross profit

470.3m596.5m601.8m706.9m740.8m810.2m897.3m928.0m1.1b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

161.5m199.6m262.4m205.2m246.8m258.2m207.4m263.7m234.8m323.4m373.9m349.8m275.3m353.0m276.9m368.0m393.9m284.7m402.6m388.6m316.3m414.8m426.4m356.0m474.8m

Cost of goods sold

59.0m73.8m98.1m73.6m86.1m94.8m76.0m97.3m92.4m124.8m140.3m134.0m104.8m143.9m105.6m135.6m147.4m108.1m149.2m151.2m127.5m164.3m164.2m138.8m178.4m

Gross profit

102.5m125.8m164.3m131.6m160.7m163.4m131.4m166.4m142.4m198.6m233.6m215.8m170.5m209.1m171.3m232.3m246.5m176.6m253.5m237.5m188.9m250.5m262.2m217.2m296.4m

Gross profit Margin, %

63%63%63%64%65%63%63%63%61%61%62%62%62%59%62%63%63%62%63%61%60%60%61%61%62%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

116.3m87.9m58.2m52.0m21.0m11.6m3.7m1.6m1.6m

Accounts Receivable

13.8m16.6m15.0m19.3m24.8m20.0m

Prepaid Expenses

5.8m4.3m9.2m17.6m8.0m15.3m

Inventories

24.9m35.6m40.2m53.5m86.6m75.0m84.3m84.9m87.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

57.6m96.4m150.9m90.3m110.4m84.8m58.2m81.3m60.4m37.1m78.4m72.7m46.4m26.1m29.5m2.4m45.4m36.5m2.1m29.9m2.3m2.4m1.2m1.7m1.7m1.5m

Accounts Receivable

7.1m8.0m12.5m10.9m15.2m14.5m14.4m15.2m20.2m23.5m23.7m18.2m24.5m21.1m21.8m22.1m24.1m18.6m19.6m25.5m

Prepaid Expenses

7.7m6.9m5.1m6.9m8.1m7.0m9.1m8.9m12.0m16.4m12.0m10.7m10.7m10.2m9.3m10.6m9.8m10.0m14.3m11.0m

Inventories

20.6m21.0m24.9m27.3m29.0m31.0m34.5m41.3m44.6m43.2m48.7m77.8m56.0m68.4m81.0m73.7m70.6m66.9m69.9m79.2m86.8m90.2m91.0m83.3m87.9m86.5m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

60.5m78.1m60.1m68.0m50.5m51.4m65.1m69.5m81.8m

Depreciation and Amortization

13.5m20.4m30.8m39.8m47.6m57.2m61.3m62.0m61.9m

Inventories

(5.2m)(10.7m)(3.9m)(13.0m)(33.0m)11.6m(9.3m)(584.0k)(2.2m)

Accounts Payable

6.9m7.1m(3.5m)14.3m19.1m(5.0m)21.8m(9.9m)10.7m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q3, 2015Q1, 2016Q2, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

11.3m45.1m22.4m39.4m65.6m23.5m33.4m53.7m17.0m25.5m49.0m71.7m28.8m39.8m13.0m14.4m40.1m24.5m23.7m49.3m20.5m24.3m42.5m25.4m29.7m57.8m

Depreciation and Amortization

9.8m4.2m9.0m14.4m6.7m14.2m22.2m9.2m19.2m29.6m33.7m10.8m21.9m13.9m28.0m42.6m16.2m31.2m46.0m15.7m31.1m46.7m15.7m31.2m46.3m

Inventories

(1.3m)(33.0k)(2.4m)(4.1m)5.3m1.8m(5.1m)(4.4m)(3.0m)(8.6m)(24.1m)(2.5m)(14.8m)5.6m12.9m16.0m8.2m5.2m(4.2m)(2.5m)(5.9m)(6.7m)1.6m(3.0m)(1.6m)

Accounts Payable

2.9m6.6m202.0k10.6m13.0m(1.7m)11.0m3.6m(1.0m)27.4m24.6m7.5m7.9m(495.0k)(15.3m)(1.0m)(1.4m)11.9m33.3m123.0k(4.9m)26.0m5.9m12.4m45.1m
USDQ2, 2012

Financial Leverage

2.2 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 Average 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Sleep Number Online and Social Media Presence

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Sleep Number News and Updates

Sleep Number shares slid 3% amid steep drop in revenue

Sleep Number Corp. shares were down 3% in after-hours trading Wednesday after the retailer reported a steep drop in second-quarter revenue caused in large part by the pandemic. Sleep Number reported a net loss of $12.6 million, or 45 cents per diluted share, compared with net income of $4.28 milli…

Sleep Number stock gains after Q4 earnings beat, outlook

Shares of Sleep Number Corp. rose more than 6% in the extended session Wednesday after the mattress maker reported fourth-quarter earnings that topped Wall Street views. Sleep Number said it earned $24 million, or 82 cents a share, in the quarter, compared with $27 million, or 81 cents a share, in …

GENYOUth and Partner Sleep Number Announce Winners Of The Super Sleep Contest

MIAMI, Jan. 26, 2020 /PRNewswire/ -- GENYOUth, through their flagship Fuel Up to Play 60 program, and Sleep Number, the smart bed company, today announced the winners of their Super Sleep Contest. The organizations jointly challenged students nationwide to showcase the super things their...

Sleep Number stock rallies 13% after company beats earnings views

Shares of Sleep Number Corp. rallied more than 13% in the extended session Thursday after the mattress maker reported better-than-expected quarterly earnings and tweaked higher its profit outlook for the year. Sleep Number said it earned $4.3 million, or 14 cents a share, in the quarter, compared w…

$1.9 Bn Bed Monitoring System & Baby Monitoring System Markets, 2024 - Key Players are Early Sense, EMFIT, Eight Sleep, Smart Caregiver, Wellsense, Tekscan, Lenovo and Sleep Number

DUBLIN, June 18, 2019 /PRNewswire/ -- The "Bed Monitoring System & Baby Monitoring System Market by Type (Baby Monitor (Sensor & Wearable), Pressure Ulcer, Elderly Monitor, Sleep Monitor), End User (Home Care, Nursing Home & Assisted Living Facilities) - Global Forecast to 2024" report..…

Sleep Number stock slumps more than 10% after earnings

Sleep Number Corp. shares dropped more than 10% in after-hours trading Wednesday after the mattress maker reported quarterly earnings. Sleep Number reported profit of $25.4 million, or 80 cents a share, on revenue of $426.5 million, up from earnings of 52 cents a share on sales of $388.6 million a…
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Sleep Number Blogs

Why Writing a To-Do List Can Improve Your Sleep

Worrying about what lies ahead can put a serious damper on our sleep.   Luckily, there’s a quick and easy way you can tackle those concerns: writing to-do lists.   The Benefits of Writing a To-Do List   Writing to-do lists provides more benefits than you may think. According to researchers, it help…

The Expense of Sleep Deprivation

Our bodies recover faster and perform better with adequate sleep. We look better, feel better and make better decisions when we are well rested. But, sometime’s that’s easier said than done; especially during stressful times. What science tells us about sleep deprivation, plus things you can do to …

Sleep Number Announces New Sleep Innovations, Deepens Ongoing Commitment to Research Linking Sleep to Health

Sleep Number Announces New Sleep Innovations, Deepens Ongoing Commitment to Research Linking Sleep to Health Content Import Thu, 08/13/2020 - 13:49 Sleep Number Announces New Sleep Innovations, Deepens Ongoing Commitment to Research Linking Sleep to Health August 13, 2020 at…

4 Ways to Increase Mental Resilience for Better Sleep

Some people make and revise endless to-do lists. Others find themselves going down the rabbit hole of “what-ifs,” or they can’t help thinking of things they haven’t dealt with yet.   A study by the Centers for Disease Control and Prevention indicates 30% of American adults fail to get enough sleep …

It’s Not a Bed, It’s Like…Having a Virtual Assistant

Here’s how your bed can act like a virtual assistant for you.  Quality sleep keeps your brain working like a powerful assistant, helping you accomplish everything on your to-do list. And you don’t even need to pay a salary. You’ll never look at your Sleep Number bed the same…         Text version:……

When Self Care Feels Too Heavy, Laugh It Up

Self care can be serious business. Finding supportive practitioners, eating well, exercising, and getting quality sleep yield fabulous results, but these practices can also feel heavy when you’re working too hard to do them right.   But as multiple memes and Twitter threads attest, laughing at the …
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Sleep Number Frequently Asked Questions

  • When was Sleep Number founded?

    Sleep Number was founded in 1987.

  • Who are Sleep Number key executives?

    Sleep Number's key executives are Annie L. Bloomquist, Shelly R. Ibach and Shelly Ibach.

  • How many employees does Sleep Number have?

    Sleep Number has 2,253 employees.

  • What is Sleep Number revenue?

    Latest Sleep Number annual revenue is $1.7 b.

  • What is Sleep Number revenue per employee?

    Latest Sleep Number revenue per employee is $753.8 k.

  • Who are Sleep Number competitors?

    Competitors of Sleep Number include Wittmann, Ekornes and Larrabee's.

  • Where is Sleep Number headquarters?

    Sleep Number headquarters is located at 1001 3rd Ave S, Minneapolis.

  • Where are Sleep Number offices?

    Sleep Number has an office in Minneapolis.

  • How many offices does Sleep Number have?

    Sleep Number has 1 office.