Sleep Number Corporation (SNBR) Misses Q4 EPS by 3c, Offers Guidance

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Sleep Number Announces Fourth Quarter and Full Year 2022 Results

February 22, 2023 4:01 PM EST

Fourth quarter net sales increased 1% versus the prior year Full year net sales decreased 3% to $2.11 billion, with full year diluted earnings per share (EPS) of $1.60 Generated $36 million of operating cash flows for the year and an Adjusted ROIC of 17.6% Provides 2023 earnings outlook of $1.25 to $2.00 per diluted share

MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended December 31, 2022.

As we navigated a series of significant macro challenges in 2022, we achieved important strategic... More