Sleep Number (SNBR) PT Raised to $100 at BofA Securities
- Asian shares extend gains ahead of tech earnings, yen fragile
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil prices stabilise, Middle East tensions remain in focus
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
- Midday movers: Tesla, Blackstone, Las Vegas Sands fall; DR Horton rises
Sleep Number Announces Record First Quarter 2021 Results
April 21, 2021 4:01 PM EDTRAISES FULL-YEAR EARNINGS OUTLOOK
Increased first-quarter net sales 20% and demand more than 30% year-over-year More than $50 million of deliveries (two weeks) shifted out of the quarter due to temporary foam supply constraints Operating income increased 45% to 13.4% of net sales, up 220 bp, with a 31% increase in operating cash flows Grew first-quarter diluted earnings per share 85% to a record $2.51 Raised full-year 2021 EPS outlook to at least $6.50 versus prior EPS outlook of at least $6.00MINNEAPOLIS--(BUSINESS... More