Sleep Number Corp - 8-K Filing
Sleep Number reported Q1 2026 net sales of $319 million, down 18.9% year-over-year due to lower volume and store count reduction. The company posted a net loss of $50 million compared to $9 million in the same period last year, driven by reduced sales despite cost-cutting efforts that lowered operating expenses by 18%. Sleep Number announced a new product launch and marketing campaign as part of its turnaround strategy.
Tickers: $SNBR