Sleep Number Corporation (NASDAQ: SNBR) reported better-than-expected fourth-quarter profits on Thursday.
Sleep Number reported quarterly losses of 46 cents per share which beat the expert agreement quote of losses of 50 cents per share. The business’s sales can be found in at $347.385 million versus price quotes of $328.668 million.
Linda Findley, President and CEO, commented, “Sleep Number surpassed 2025 assistance offered on our last profits call. We are still completely turn-around mode and made substantial development versus our brand-new item and marketing methods while continuing to decrease expenses. For the complete year 2025, pro-forma changed EBITDA margin was around 9% and expect double-digit adjusted EBITDA development in 2026 as we continue to carry out on our technique.”
Sleep Number shares fell 6% to close at $3.45 on Friday.
These experts made modifications to their rate targets on Sleep Number following profits statement.
- Piper Sandler expert Peter Keith kept Sleep Number with a Neutral and reduced the rate target from $12 to $5.
- UBS expert Dan Silverstein kept the stock with a Neutral and cut the rate target from $10 to $4.
Thinking about purchasing SNBR stock? Here’s what experts believe:
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