Sleep Number(SNBR) - 2023 Q4 - Annual Results

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 ...