Sleep Number Corporation (SNBR) Misses Q1 EPS by 24c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Sleep Number Announces First Quarter 2022 Results
April 20, 2022 4:01 PM EDTNet sales declined 7% versus the prior year on constrained supply of semiconductor chips Demand for the quarter declined 3% on acute macro factors in January and March; backlog increased 20% since December Diluted EPS of $0.09 on lower-than-expected delivered net sales due to worsened external factors Updated 2022 EPS outlook to a range of $5.00 to $6.00 per share
MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended April 2, 2022.
External factors continue to disrupt global supply and... More
