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Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name. The company sells its products directly to consumers through retail, online, phone, chat, and other. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Sleep Number develops and sells adjustable air mattresses and connected sleep products under the Sleep Number brand through owned retail stores, e-commerce and third-party retailers. Long-term growth drivers include product innovation in smart beds and sleep tracking, expansion of direct-to-consumer channels, and rising consumer focus on health and wellness which may benefit demand and pricing power. Investors may find the company attractive for its differentiated technology, brand recognition and higher-margin accessory and service revenue streams.
Key risks include intense competition from mattress-in-a-box and traditional furniture players, sensitivity to consumer discretionary spending, and execution and supply-chain pressures that could compress margins.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 48.90M | 187.29M | 175.97M | 100.51M | 86.52M |
| Net income | 36.61M | 153.75M | 139.19M | 81.84M | 69.54M |
| Selling general administrative | 153.27M | 161.41M | 159.00M | 137.96M | 119.38M |
| Selling and marketing expenses | 919.63M | 905.36M | 771.20M | 766.92M | 687.38M |
| Gross profit | 1202.30M | 1318.85M | 1156.00M | 1051.92M | 927.96M |
| Reconciled depreciation | 67.40M | 60.39M | 61.56M | 61.87M | 61.97M |
| Ebit | 67.88M | 193.54M | 184.90M | 112.09M | 92.43M |
| Ebitda | 135.28M | 253.93M | 246.46M | 173.96M | 154.39M |
| Depreciation and amortization | 67.40M | 60.39M | 61.56M | 61.87M | 61.97M |
| Non operating income net other | - | - | - | - | -5.91M |
| Operating income | 67.88M | 193.54M | 184.90M | 112.09M | 92.43M |
| Other operating expenses | 2046.42M | 1991.41M | 1671.66M | 1586.26M | 1439.15M |
| Interest expense | 18.98M | 6.25M | 8.92M | 11.59M | 5.91M |
| Tax provision | 12.29M | 33.55M | 36.78M | 18.66M | 16.98M |
| Interest income | - | - | - | 0.00M | 0.00M |
| Net interest income | -18.98M | -6.25M | -8.92M | -11.59M | -5.91M |
| Extraordinary items | - | - | - | - | 2.90M |
| Income tax expense | 12.29M | 33.55M | 36.78M | 18.66M | 16.98M |
| Total revenue | 2114.30M | 2184.95M | 1856.56M | 1698.35M | 1531.58M |
| Total operating expenses | 1134.42M | 1125.31M | 971.10M | 939.83M | 835.53M |
| Cost of revenue | 912.00M | 866.10M | 700.55M | 646.43M | 603.61M |
| Total other income expense net | -18.98M | -6.25M | -8.92M | -11.59M | -5.91M |
| Net income from continuing ops | 36.61M | 153.75M | 139.19M | 81.84M | 69.54M |
| Net income applicable to common shares | 36.61M | 153.75M | 139.19M | 81.84M | 69.54M |
| Breakdown | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 |
| Total assets | 1089.66M | 953.94M | 919.54M | 800.14M | 806.04M |
| Intangible assets | 2.63M | 4.07M | 6.47M | 8.87M | 9.23M |
| Other current assets | 32.73M | 39.92M | 54.92M | 43.49M | 36.40M |
| Total liab | 1531.59M | 1392.11M | 1344.49M | 1024.11M | 965.47M |
| Total stockholder equity | -441.93M | -438.18M | -424.95M | -223.98M | -159.43M |
| Deferred long term liab | - | 55.56M | 0.69M | 0.24M | 3.81M |
| Other current liab | 93.35M | 141.29M | 159.87M | 185.75M | 135.37M |
| Common stock | 0.22M | 0.22M | 0.23M | 0.25M | 0.28M |
| Capital stock | 0.22M | 0.22M | 0.23M | 0.25M | 0.28M |
| Retained earnings | -458.87M | -443.58M | -429.15M | -224.23M | -159.71M |
| Other liab | - | 105.42M | 100.99M | 84.44M | 72.61M |
| Good will | 64.00M | 64.00M | 64.00M | 64.00M | 64.00M |
| Other assets | - | 89.75M | 75.19M | 56.01M | 48.01M |
| Cash | 2.54M | 1.79M | 2.39M | 4.24M | 1.59M |
| Total current liabilities | 936.07M | 929.81M | 906.78M | 655.94M | 594.77M |
| Current deferred revenue | 85.56M | 73.18M | 129.50M | 72.02M | 34.25M |
| Net debt | 970.12M | 894.22M | 788.66M | 585.12M | 587.06M |
| Short term debt | 621.26M | 539.13M | 454.86M | 306.28M | 290.56M |
| Short long term debt | 539.50M | 459.60M | 382.50M | 244.20M | 231.00M |
| Short long term debt total | 972.65M | 896.01M | 791.05M | 589.36M | 588.65M |
| Other stockholder equity | 16.72M | 5.18M | 3.97M | 3.97M | 293.07M |
| Property plant equipment | - | 200.60M | 566.26M | 175.22M | 197.42M |
| Total current assets | 206.13M | 197.76M | 207.62M | 181.80M | 160.37M |
| Net tangible assets | - | -506.24M | -495.42M | -296.85M | -232.66M |
| Net receivables | 55.43M | 26.00M | 25.72M | 31.87M | 19.98M |
| Inventory | 115.43M | 114.03M | 105.64M | 81.36M | 87.06M |
| Accounts payable | 135.90M | 176.21M | 162.55M | 91.90M | 134.59M |
| Accumulated other comprehensive income | - | - | - | - | -293.07M |
| Common stock total equity | - | 0.22M | 0.23M | 0.25M | 0.28M |
| Retained earnings total equity | - | -443.58M | -429.15M | -224.23M | -159.71M |
| Non currrent assets other | 28.16M | 81.80M | 75.19M | 56.01M | 48.01M |
| Non current assets total | 883.53M | 756.18M | 711.92M | 618.33M | 645.67M |
| Capital lease obligations | 433.15M | 436.41M | 408.55M | 345.16M | 357.65M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -70.61M | -66.64M | -39.02M | -56.62M | -45.24M |
| Change to liabilities | -23.95M | 54.41M | 42.55M | 34.38M | -17.56M |
| Total cashflows from investing activities | -70.61M | -66.64M | -39.02M | -56.62M | -45.24M |
| Net borrowings | 96.93M | 145.47M | -11.95M | 25.33M | 181.32M |
| Total cash from financing activities | 33.87M | -235.22M | -237.99M | -132.56M | -88.34M |
| Change to operating activities | -57.51M | 28.96M | 82.30M | 13.88M | 3.75M |
| Net income | 36.61M | 153.75M | 139.19M | 81.84M | 69.54M |
| Change in cash | -0.60M | -1.85M | 2.65M | -0.02M | -2.04M |
| Begin period cash flow | 2.39M | 4.24M | 1.59M | 1.61M | 3.65M |
| End period cash flow | 1.79M | 2.39M | 4.24M | 1.59M | 1.61M |
| Total cash from operating activities | 36.14M | 300.01M | 279.66M | 189.16M | 131.54M |
| Issuance of capital stock | 1.13M | 4.44M | 9.60M | 7.19M | 2.79M |
| Depreciation | 67.40M | 60.39M | 61.56M | 61.87M | 61.97M |
| Other cashflows from investing activities | -1.15M | 0.26M | -1.92M | 2.62M | 0.27M |
| Change to inventory | -11.56M | -24.28M | 5.70M | -2.18M | -0.58M |
| Change to account receivables | -0.29M | 6.15M | -11.89M | 4.82M | -5.48M |
| Sale purchase of stock | -64.19M | -382.38M | -235.64M | -165.08M | -272.45M |
| Other cashflows from financing activities | 96.93M | 142.71M | -11.95M | 25.33M | 181.32M |
| Change to netincome | 4.87M | 23.70M | 18.49M | 15.21M | 18.81M |
| Capital expenditures | 69.45M | 66.90M | 39.07M | 59.24M | 45.52M |
| Change receivables | -0.29M | 6.15M | -11.89M | 4.82M | -5.48M |
| Cash flows other operating | -36.94M | 43.65M | 24.05M | -6.78M | 4.85M |
| Cash and cash equivalents changes | -0.60M | -1.85M | 2.65M | -0.02M | -2.04M |
| Change in working capital | -72.74M | 62.17M | 60.41M | 30.24M | -18.77M |
| Stock based compensation | 13.22M | 23.21M | 21.81M | 16.66M | 11.41M |
| Other non cash items | 0.29M | 0.04M | 0.25M | -0.43M | -0.05M |
| Free cash flow | -33.32M | 233.11M | 240.59M | 129.92M | 86.03M |
Sector: Consumer Cyclical Industry: Furnishings, Fixtures & Appliances
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| MGCLY Midea Group Co., Ltd. |
- -% |
12.79 | 14.58 | 12.58 | 0.21 | 3.06 | 1.38 | 9.81 |
| HSHCY Haier Smart Home Co. Ltd |
0.10 0.94% |
10.69 | 9.24 | 8.53 | 0.08 | 1.39 | 0.59 | 5.39 |
| HRSHF Haier Smart Home Co. Ltd |
- -% |
2.85 | 8.97 | 8.35 | 0.08 | 1.36 | 0.58 | 5.38 |
| SN SharkNinja, Inc. |
-2.97 1.31% |
223.96 | 34.59 | 23.26 | 3.41 | 8.40 | 3.48 | 22.40 |
Sleep Number Corporation, together with its subsidiaries, offers sleep solutions and services in the United States. The company designs, manufactures, markets, retails, and services beds, pillows, sheets, and other bedding products under the Sleep Number name. It also provides smart adjustable bases under the FlextFit brand, and smart beds under the Climate 360 name. The company sells its products directly to consumers through retail, online, phone, chat, and other. The company was formerly known as Select Comfort Corporation and changed its name to Sleep Number Corporation in November 2017. Sleep Number Corporation was incorporated in 1987 and is headquartered in Minneapolis, Minnesota.
1001 Third Avenue South, Minneapolis, MN, United States, 55404
763 551 7000
4000
| Name | Title | Year Born |
|---|---|---|
| Ms. Shelly R. Ibach | CEO, Pres & Chair | 1960 |
| Mr. David R. Callen | Exec. VP & CFO | 1967 |
| Mr. Joseph Hunter Saklad | Sr. VP, Chief Information Officer & Interim Chief Operations, Supply Chain and Lean Officer | 1970 |
| Ms. Melissa Barra | Exec. VP and Chief Sales & Services Officer | 1972 |
| Ms. Andrea Lee Bloomquist | Exec. VP & Chief Innovation Officer | 1970 |
| Mr. Joel Laing | Sr. Director of Fin., Treasurer & Chief Accounting Officer | NA |
| Mr. David W. Schwantes | VP of Fin., Investor Relations & Decision Support | NA |
| Mr. Samuel R. Hellfeld | Sr. VP, Chief Legal & Risk Officer and Sec. | NA |
| Mr. Kevin Kennedy Brown | Exec. VP & Chief Marketing Officer | 1969 |
| Ms. Patricia Ann Dirks | Chief HR Officer & Sr. VP | 1957 |
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