Sleep Number Corporation (SNBR) Tops Q3 EPS by 4c, Beats on Revenues; Offers FY18 EPS Outlook

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Sleep Number Announces Third Quarter 2018 Results

October 24, 2018 4:05 PM EDT

Net sales of $415 million grew 3% versus prior year; adjusted net sales increased 12% Reiterates full-year 2018 earnings outlook midpoint of $1.85 per diluted share

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (NASDAQ: SNBR) today reported third quarter 2018 results for the period ended September 29, 2018.

Our business has gained significant momentum since completing the transition to all Sleep Number 360® smart beds, including 19% year-over-year sales order growth in the last seven weeks of the third quarter, said Shelly Ibach, President and CEO of Sleep Number.... More