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Aug. 08 | Sleep Number Insider Bought Shares Worth $531,196, According to a Recent SEC Filing | MT |
Aug. 06 | Sleep Number Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 | CI |
November 07, 2023 at 04:56 pm EST
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On November 7, 2023, Sleep Number Corporation announced that it has entered into a cooperation agreement with Stadium Capital Management, LLC, pursuant to the Cooperation Agreement, the board of directors of the Company 1) increased the size of the Board to 12 directors and appointed Hilary Schneider and Stephen Macadam to the Board in the class with a term expiring at the 2024 annual meeting of shareholders, 2) appointed Stephen Macadam to the Corporate Governance and Nominating Committee and Hilary Schneider to the Management Development and Compensation Committee, 3) agreed to nominate, support and recommend the New Directors for election at the 2024 Annual Meeting, and (iv) agreed that, at the 2024 Annual Meeting, one director of the Board who is not a New Director will not stand for re-election or will retire or resign. In addition, the Company stated that under the Cooperation Agreement i) Stadium will be subject to customary standstill restrictions, including, among others, with respect to acquiring beneficial ownership of more than 12.5% of the shares of Common Stock in the aggregate, proxy solicitation and related matters, extraordinary transactions and other changes, each of the foregoing subject to certain exceptions, ii) until the Termination Date, Stadium will vote all shares of Common Stock, in accordance with the Board?s recommendations with respect to (i) the election, removal and/or replacement of directors of the Company and (ii) any other proposal submitted to shareholders, subject to certain exceptions relating to extraordinary transactions, share issuances, and recommendations made by Institutional Shareholder Services, Inc. or Glass Lewis & Co., LLC.
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© S&P Capital IQ - 2023
Latest news about Sleep Number Corporation
Sleep Number Insider Bought Shares Worth $531,196, According to a Recent SEC Filing | MT | |
Sleep Number Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 | CI | |
Wedbush Adjusts Sleep Number's Price Target to $12 From $10, Keeps Neutral Rating | MT | |
Transcript : Sleep Number Corporation, Q2 2024 Earnings Call, Jul 31, 2024 | ||
Earnings Flash (SNBR) SLEEP NUMBER CORPORATION Reports Q2 Revenue $408.4M, vs. Street Est of $416.2M | MT | |
Earnings Flash (SNBR) SLEEP NUMBER CORPORATION Reports Q2 Loss $-0.16, vs. Street Est of $-0.31 | MT | |
Sleep Number Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 29, 2024 | CI | |
National Vision Holdings, Inc. Appoints Mark Banner as Chief Stores Officer, Effective July 8, 2024 | CI | |
Sleep Number Corporation(NasdaqGS:SNBR) dropped from Russell 3000E Growth Index | CI | |
Sleep Number Corporation(NasdaqGS:SNBR) dropped from Russell 3000 Growth Index | CI | |
Sleep Number Corporation(NasdaqGS:SNBR) dropped from Russell 2000 Growth Index | CI | |
Sleep Number Corporation(NasdaqGS:SNBR) dropped from Russell Microcap Growth Index | CI | |
Sleep Number Corporation(NasdaqGS:SNBR) dropped from Russell 2500 Growth Index | CI | |
Sleep Number Corporation(NasdaqGS:SNBR) dropped from Russell Small Cap Comp Growth Index | CI | |
Sleep Number Introduces New c1 Smart Bed, Provides Smart Adjustability at an Exceptional Value | CI | |
Tranche Update on Sleep Number Corporation's Equity Buyback Plan announced on May 15, 2006. | CI | |
UBS Adjusts Sleep Number Price Target to $13 From $12, Maintains Neutral Rating | MT | |
Piper Sandler Adjusts Price Target on Sleep Number to $13 From $12, Keeps Neutral Rating | MT | |
Transcript : Sleep Number Corporation, Q1 2024 Earnings Call, Apr 24, 2024 | ||
Sleep Number Corporation Reiterates Earnings Outlook for 2024 | CI | |
Sleep Number Corporation Reports Earnings Results for the First Quarter Ended March 30, 2024 | CI | |
Earnings Flash (SNBR) SLEEP NUMBER CORPORATION Reports Q1 Revenue $470.4M, vs. Street Est of $474.3M | MT | |
Sleep Number Expected to Post 'Better' Q1 Sales, In-line Margins, Wedbush Says | MT | |
Sleep Number Corporation Announces Not Stand for Re-Election of Daniel I. Alegre as Board of Director | CI | |
Tranche Update on Sleep Number Corporation's Equity Buyback Plan announced on May 15, 2006. | CI |
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Company Profile
Sleep Number Corporation is a wellness technology company. The Company is engaged in designing, manufacturing, marketing, and distribution of advanced sleep solutions. Its wellness technology platform helps solve sleep problems, whether itâs providing individualized temperature control for each sleeper through its Climate360 smart bed or applying its 24 billion hours of longitudinal sleep data and expertise to research with global institutions. Its smart beds provide unmatched features, benefits and comfort that can lead to improved sleep health and wellness for both sleepers. Its smart bed ecosystem includes a full line of FlexFit smart adjustable bases that seamlessly integrate with Sleep Number smart beds, for an individualized sleep experience that is proven to deliver restful sleep per night. The Sleep Number bedding collection and upholstered furniture line are designed to improve sleep comfort and quality, including pillows designed to fit each individualâs sleeping position.
Employees
3,800
Sector
Home Furnishings
Calendar
2024-10-15 - Q3 2024 Earnings Release (Projected)
Related indices
Russell 2000
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Income Statement and Estimates
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Ratings
Trading Rating
Investor Rating
ESG Refinitiv
C
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Analysts' Consensus
Sell
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
12.25USD
Average target price
12.33USD
Spread / Average Target
+0.68%
Consensus
Profit revisions
Estimate revisions
Quarterly earnings, Rate of surprise
Company calendar
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- News Sleep Number Corporation
- Sleep Number Corporation Enters into Cooperation Agreement with Stadium Capital Management