Sleep Number Corporation (SNBR) Tops Q3 EPS by 74c, Offers FY Guidance

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Go back to Sleep Number Corporation (SNBR) Tops Q3 EPS by 74c, Offers FY Guidance

Sleep Number Announces Record Third Quarter 2021 Results

October 27, 2021 4:01 PM EDT

Third-quarter net sales grew 21% to a record $640 million (+35% versus 2019); generated double-digit demand growth for fourth consecutive third quarter Third-quarter operating income increased 4% to a record $73 million (+86% versus 2019), while absorbing significant input cost increases; year-to-date operating income increased 62% versus prior year Third-quarter diluted EPS grew 24% to $2.22; year-to-date EPS of $5.63 increased 106% versus last year (+199% versus 2019) Generated $293 million in year-to-date operating cash flows and a trailing twelve-month (ttm) ROIC greater than 34%

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today... More