Sleep Number Files for Bankruptcy, Plans $415M Sale

Sleep Number (SNBR) filed for Chapter 11 bankruptcy on June 12 due to rising costs from inflation, tariffs, and supply chain disruptions. The company plans a court-supervised sale to Sleep Country Canada in exchange for $415 million, aiming to create a leading North American mattress brand.

By Anthony Thompson, USA TODAY Thu, June 18, 2026 at 1:46 AM GMT+3 2 min read · Yahoo Finance · June 17, 2026, 22:46 UTC

Sleep Number Files for Bankruptcy, Plans $415M Sale

Tickers: $SNBR

Topics: bankruptcy debt restructuring mattress industry

Read the full article at Yahoo Finance

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