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Sleep Number Announces Record Fourth-Quarter and Full-Year 2020 Results

February 17, 2021 4:01 PM EST

Fourth-quarter net sales growth accelerated to 29% versus last year; full-year net sales increased 9% to $1.86 billion Full-year diluted EPS increased 81% versus the prior year to $4.90 Generated a 48% increase in operating cash flows, and a trailing twelve-month ROIC of 25% Provides 2021 earnings outlook of at least $6.00 per diluted share, more than doubling EPS in two years

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended January 2, 2021.

In a year of challenge and change, our... More