Exhibit 99.1 FOR IMMEDIATE RELEASE SLEEP NUMBER ANNOUNCES SECOND QUARTER 2024 RESULTS • Generated adjusted EBITDA of $28 million for the second quarter • Delivered gross margin rate of 59.1% for the second quarter, up 150 basis points versus last year and ahead of expectations • Reduced operating expenses by $19 million year-over-year for the quarter and $44 million year-to-date (both periods before restructuring costs) • Year-to-date free cash flow increased $21 million compared with the same period last y ...

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. While management's discussion of business conditions on the earnings call wil ...

Sleep Number (SNBR) shares soared 19.1% in the last trading session to close at $10.28. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 28.6% loss over the past four weeks. The stock might have got a boost on the expectation of potential interest rate cut in September, per the CME FedWatch tool. This seller of beds, mattresses and bedding products is expected to post quarterly loss of $0.44 per share in its upcoming report, which ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks wi ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...

Company Participants Conference Call Participants Peter Keith - Piper Sandler Robert Griffin - Raymond James Seth Basham - Wedbush Dan Silverstein - UBS Bradley Thomas - KeyBanc Operator The primary purpose of this call is to discuss the results of the fiscal period just ended. However, our commentary and responses to your questions may include certain forward-looking statements. These forwardlooking statements are subject to a number of risks and uncertainties outlined in our earnings news release and disc ...

Exhibit 99.1 FOR IMMEDIATE RELEASE SLEEP NUMBER ANNOUNCES FIRST QUARTER 2024 RESULTS MINNEAPOLIS – (April 24, 2024) – Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended March 30, 2024. "Our actions to increase operating model efficiencies drove first quarter adjusted EBITDA and gross margin rate ahead of our expectations. We also generated a significant year-over-year increase in free cash flow, as planned, and continue to prioritize paying down debt and reducing leverage," ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission file number 000-25121 SLEEP NUMBER CORPORATION (Exact name of registrant as specified in its charter) Minnesota 41-1597886 (State or ...

Sleep Number Corporation (NASDAQ:SNBR) Q4 2023 Earnings Conference Call February 22, 2024 5:00 PM ET Company Participants Dave Schwantes - VP, Finance and IR Shelly Ibach - Chair, President and CEO Francis Lee - CFO Conference Call Participants Bobby Griffin - Raymond James Brad Thomas - KeyBanc Capital Markets Operator Welcome to Sleep Number’s Q4 and Full Year 2023 Earnings Conference Call. All lines have been placed in a listen-only mode until the question-and-answer session. Today’s call is being record ...

Exhibit 99.1 FOR IMMEDIATE RELEASE SLEEP NUMBER ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS MINNEAPOLIS – (February 22, 2024) – Sleep Number Corporation (Nasdaq: SNBR) today reported results for the year ended December 30, 2023. "While the consumer environment remains challenging for the mattress industry, our swift actions to improve demand and reduce costs allowed us to make better progress in the fourth quarter than we expected," said Shelly Ibach, Chair, President and CEO. "Through broad-based r ...