Sleep Number Corporation (SNBR) Tops Q2 EPS by 71c; Guides Lower

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Sleep Number Announces Second Quarter 2022 Results

July 27, 2022 4:01 PM EDT

Second-quarter net sales increased 13% and diluted EPS grew 75% versus the prior year Year-to-date net sales increased 2% with year-to-date diluted EPS of $1.60 versus $3.44 for the same period last year on constrained electronics supply, inflation pressures and low consumer sentiment Updated 2022 EPS outlook to a range of $3.00 to $4.00 per share

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended July 2, 2022.

Our second-quarter performance reflects our teams incredible agility in navigating a complex business environment. Ongoing... More