Minneapolis-based Sleep Number and its largest shareholder, Stadium Capital Management, have agreed that the investor will withdraw its nominees to the board of directors, heading off a potential ...

The leading stakeholder in Sleep Number Corp. is calling for an independent search for the company's next CEO, claiming the current board "cannot be trusted" with the ...

Sleep Number's premium smart bed differentiation has eroded as the mattress industry commoditizes and DTC brands intensify price competition. Revenue and margins have declined for two consecutive ...

Minneapolis-based mattress maker Sleep Number Corp. is facing calls to change the makeup of its board after lackluster financial results. In a Sept. 13 letter to Sleep Number’s board, ...

Adjusted ROIC equals Adjusted NOPAT divided by average adjusted invested capital. Note - The Company's Adjusted ROIC calculation and data are considered non-GAAP financial measures and are not in ...

Did you know you can get a “smart bed” that tracks your sleep, breathing, heart rate, and even regulates the temperature of the mattress? No? Well, you can get root access to one, too, as [Dillan] ...

Update 5:15pm: Updates shares, adds Sleep Numbers response. Sleep Number (NASDAQ:SNBR) rose 19% as activist Stadium Capital threatened a new proxy fight at the mattress retailer. Stadium Capital, ...

In a bid to cut down expenses, Minneapolis-based Sleep Number Corp. on Wednesday said it has trimmed about 10% of its total workforce. That amounts to about 500 laid off in total. In a Nov. 8 ...

Shares of Sleep Number Corp. tanked Wednesday, after the mattress maker and retailer swung to a surprise quarterly loss, predicted a loss for the full year and said it reached an agreement with a ...

At the forefront of the wellness technology space, Sleep Number has gotten ahead of sleep issues by pioneering science-backed smart beds that cater to your unique sleep needs (starting from just $999) ...