Sleep Number Corporation (SNBR) Tops Q3 EPS by 79c, Revenues Beat; Offers FY20 EPS Guidance Above Consensus
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Sleep Number Announces Record Third Quarter 2020 Results
October 14, 2020 4:01 PM EDTThird quarter net sales grew 12% to a record $531 million, with demand growth of 16% Third quarter operating income grew 78% and diluted EPS grew 90% to a record $1.79 Generated a 51% increase in year-to-date operating cash flows, and a trailing twelve-months ROIC of 20.8% Provides 2020 earnings outlook of approximately $4.00 per diluted share, a 48% increase versus full-year 2019 earnings per diluted share of $2.70, on estimated net sales growth of 7% to 8%
MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended September 26,... More
