{"filings":[{"id":1113316,"accession_number":"0000827187-26-000053","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-06-17T21:07:37+00:00","items":["3.01"],"status":"ready","headline":"Sleep Number receives Nasdaq delisting notice after Chapter 11 filing; trading suspended June 23","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["Nasdaq delisting based on Chapter 11 filing, public interest concerns, and residual equity worries.","Trading of SNBR common stock suspended at start of business on June 23, 2026.","Company will not appeal Nasdaq's delisting determination.","Stock may trade on OTC markets but no assurance of quotes or liquidity.","Delisting expected to have no effect on business operations or Chapter 11 Cases."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":"2026-06-17","daily_digest_url":"/daily/2026-06-17","daily_digest_rank":2},{"id":1086517,"accession_number":"0000950103-26-009081","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-06-16T21:30:12+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sleep Number enters DIP financing up to $260M in Chapter 11; maturity Sept 16, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["$65M new money term loans plus $195M roll-up of prepetition debt.","Interim DIP order entered June 15; final hearing scheduled July 9, 2026.","Interest at SOFR+8% or base rate+7% per annum.","Case milestones include sale of substantially all assets.","Common shares likely cancelled in Chapter 11 restructuring."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1013716,"accession_number":"0000950103-26-008891","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-06-12T14:26:50+00:00","items":["1.01","1.03","2.04","7.01","9.01"],"status":"ready","headline":"Sleep Number files Chapter 11; agrees to $415M sale to Sleep Country Canada subsidiary","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed Chapter 11 on June 12, 2026; Stalking Horse Purchase Agreement with SNBR, Inc. (Sleep Country Canada) for $415M cash.","Debtor-in-possession financing expected up to $260M, including $65M new money and $195M roll-up of prepetition debt.","Prepetition debt of ~$672.5M in default and accelerated, subject to automatic stay.","Common shares significantly out of the money, expected to have no recovery; Nasdaq delisting anticipated.","Operations continue during court-supervised sale process; stores open, orders accepted, warranties honored."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":"2026-06-12","daily_digest_url":"/daily/2026-06-12","daily_digest_rank":9},{"id":973836,"accession_number":"0000827187-26-000050","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-06-10T20:35:18+00:00","items":["5.02"],"status":"ready","headline":"Sleep Number elects Colin M. Adams to board; board now 7 members, 6 independent","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Colin M. Adams elected as director effective June 4, 2026.","Board expands to 7 members; 6 are independent under Nasdaq standards.","Adams receives $40,000 monthly fee plus potential additional fees for extra activities.","No material transactions or arrangements between Adams and the company requiring disclosure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":805845,"accession_number":"0000827187-26-000048","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-06-02T20:05:17+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sleep Number grants $5.5M in one-time retention awards to five NEOs; CEO gets net $1.875M after waiver","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Linda Findley receives $2.5M retention award, net $1.875M after waiving $625K sign-on bonus.","CFO Amy O'Keefe gets $1M retention award; no prior award waived.","EVPs Barra ($700K), Hellfeld ($850K), Krusmark ($450K) also receive awards after waiving prior retention awards.","Awards repayable if executive resigns or is terminated for cause within 12 months.","Repayment obligation waived in case of certain corporate transactions or termination without cause."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":695317,"accession_number":"0000827187-26-000045","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-05-27T20:01:22+00:00","items":["5.02","5.07","8.01","9.01"],"status":"ready","headline":"Sleep Number holders approve equity plan increase; board declassification proposals fail","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved amendment to 2020 Equity Incentive Plan, increasing shares reserved by 750,000.","Proposals to declassify board and eliminate supermajority voting requirements did not receive required two-thirds vote.","Directors Eyler, Howard, Mendez elected for three-year terms at 2026 annual meeting.","Advisory vote on executive compensation passed with 10.5M for, 704k against, 1.3M abstain.","Ratification of Deloitte & Touche as independent auditor for fiscal 2026 approved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":22242,"accession_number":"0000827187-26-000039","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-05-12T11:02:11+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number Q1 net sales $319M (-19% YoY); net loss widens to $50M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $50.3M vs $9.3M loss in prior year; adjusted EBITDA $6.0M, down 74%.","Gross margin fell to 57.9% from 61.2% on mix shift to new ComfortMode bed and inventory discounting.","Operating expenses down 18% YoY to $195M (ex-restructuring); $22M in restructuring costs incurred.","Secured $55M incremental liquidity via amended lender agreement; evaluating strategic/financing options.","No financial guidance provided due to ongoing strategic review with Guggenheim Securities."],"consensus_eps_estimate":-0.3953,"consensus_eps_actual":-2.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":318987000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99099,"accession_number":"0000827187-26-000035","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-04-28T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Sleep Number enters forbearance agreement, adds $25M term loan at SOFR+8% with covenant relief","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $25M term loan at one-month SOFR + 8%, matures June 30, 2026; $5M amortization due June 1.","Lenders forbear from exercising remedies on specified defaults; $30M liquidity covenant waived until July 2026.","Company must meet milestones toward a strategic transaction to maximize enterprise value and repay credit obligations.","Total additional liquidity of $55M; Q1 2026 results to be reported on May 12, 2026.","New product rollout (ComfortMode) and marketing campaign underway; early customer response positive."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114917,"accession_number":"0000827187-26-000025","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Hilary A. Schneider to depart Sleep Number board after 2026 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Ms. Schneider leaves the board due to new CEO role at SimpliSafe, effective after the 2026 annual meeting.","Departure is not the result of any disagreement with the company on operations, policies, or practices.","Board thanks Ms. Schneider for her leadership and contributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114916,"accession_number":"0000827187-26-000017","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number unveils turnaround plan, $50M cost actions, targets FCF in 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Strategy 'Sleep Number Shifts' focuses on product simplification, marketing modernization, and distribution expansion.","Plans ~$50 million annualized cost actions in 2026; expects return to free cash flow generation.","Amended credit agreement with revised covenants and maturity extension provides financial stability.","Simplified product portfolio expected to improve shop-ability, conversion, and margins.","Marketing modernization targets funnel optimization and ROI; lower cost structure anticipated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114915,"accession_number":"0000827187-26-000013","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sleep Number appoints Kelly F. Baker as Controller and Principal Accounting Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board appointed Kelly F. Baker as Controller and Principal Accounting Officer, effective March 11, 2026.","Baker had served as interim Controller and P&A officer since July 21, 2025; prior role was Controller since February 2025.","Previously Controller at Miromatrix Medical (Dec 2021–Jan 2025) and held finance roles at Donaldson, Tile Shop, and Virtual Radiologic.","Baker is a CPA with a bachelor's in accounting from College of Saint Benedict and MBA from Carlson School of Management.","No arrangements or related-party transactions in connection with her selection."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114914,"accession_number":"0000827187-26-000012","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number FY2025 net sales $1.4B, net loss $132M; guides double-digit EBITDA growth in 2026","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $347M (-8% YoY); net loss $59M vs $5M loss last year, including $47.9M deferred tax adjustment.","Full-year net loss $132M vs $20M loss; adjusted EBITDA $78M (-35%) with margin 5.5%.","Achieved $185M annualized cost savings; plans additional $50M fixed-cost savings in 2026.","New ComfortMode bed launched Jan 2026, outselling plan by 3.5x; rest of new line available March 23.","Engaged Guggenheim Securities to evaluate capital structure options and improve liquidity."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114913,"accession_number":"0000827187-26-000003","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2026-01-28T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number signs 3-year brand deal with Travis Kelce; Kelce to become top shareholder under 5%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Travis Kelce will be featured in Sleep Number national ad campaigns, including TV and digital content.","Kelce will acquire common stock on open market and receive RSUs vesting over three years.","Kelce will become one of Sleep Number's top shareholders with under 5% ownership.","83% of NFL players have a Sleep Number bed, underscoring brand's NFL partnership since 2018.","Partnership is part of a broader marketing offense to attract younger consumers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131304,"accession_number":"0000827187-25-000128","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-12-02T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Sleep Number appoints Amy O'Keefe as CFO; reaffirms FY2025 guidance","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Amy O'Keefe becomes CFO effective Dec 8, 2025, succeeding interim CFO Bob Ryder who advises through Dec 12.","O'Keefe receives $625k base salary, 70% target bonus, $1.8M inducement grants (RSUs/PSUs) under Nasdaq rules.","Sleep Number reaffirms full-year 2025 net sales, adjusted EBITDA, year-end profitability exit rate, and loan covenant compliance.","Updated investor presentation outlines turnaround strategy: cost reductions, operational streamlining, amended credit agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131303,"accession_number":"0000827187-25-000123","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Sleep Number discloses revised credit covenants; expects FY25 adjusted EBITDA ~$70M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Net leverage ratio covenant set at 5.25x for Q3 2025, stepping down to 4.00x by mid-2026.","Consolidated EBITDA definition expanded to include addbacks for cost actions not yet fully realized in trailing results.","FY2025 adjusted EBITDA expected ~$70M; with addbacks, Consolidated EBITDA ~$110M for covenant compliance.","Approximately $40M of structural cost changes mostly executed; expects to remain covenant-compliant in Q4 2025.","Anticipates stabilizing marketing investments in 2026 to support new products and repeat-buyer demand."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131302,"accession_number":"0000827187-25-000117","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["1.01","5.02"],"status":"ready","headline":"Sleep Number amends credit facility with tighter covenants, extends maturity; director departs","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolver reduced from $485M to $475M (further to $465M Jul 2026); accordion terminated.","Maturity extended to Dec 3, 2027; term loan amortization increases by $1.25M per payment starting Mar 2027.","Covenant adjustments: max Net Leverage Ratio set step down from 5.25x to 4.00x; Interest Coverage min 1.50x to 2.20x.","New minimum EBITDA covenant added starting April 2026; liquidity floor raised to $40M from Oct 2026.","Director Stephen Gulis Jr. retired from Board effective Nov 4, 2025, per prior agreement tied to debt refinancing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131301,"accession_number":"0000827187-25-000116","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number Q3 net loss $40M, sales -19.6%; cuts FY2025 outlook, amends bank deal to 2027","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $343M, down 19.6% YoY; net loss $40M ($1.73/share) vs loss $3M last year.","Adjusted EBITDA fell 52% to $13M; leverage ratio 5.0x just under covenant max of 5.25x.","Company amended and extended bank agreement through 2027 for financial flexibility.","FY2025 outlook cut: net sales ~$1.4B, adjusted EBITDA ~$70M, negative FCF ~$50M.","CEO says turnaround underway with restructuring charges of $41M in Q3."],"consensus_eps_estimate":0.2066,"consensus_eps_actual":-3.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":1064065000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147884,"accession_number":"0000827187-25-000096","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number Q2 net sales down 19.7% to $328M, net loss $25M; raises cost savings target to $130M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $328M, down 19.7% YoY; net loss $25M ($1.09/sh) vs loss $5M last year","Adjusted EBITDA $24M, down 17%; adjusted EBITDA margin improved 30 bps to 7.2%","Raising annual cost savings target to $130M (from $80-100M); maintains covenant compliance at 4.56x vs 4.75x max","FY2025 net sales guidance ~$1.45B, down ~14% YoY; expects break-even FCF in H2","CEO cites turnaround, aggressive cost cuts, new marketing strategy; expects sequential topline improvement"],"consensus_eps_estimate":-0.1097,"consensus_eps_actual":-1.48,"consensus_revenue_estimate":null,"consensus_revenue_actual":721186000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147883,"accession_number":"0000827187-25-000087","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-07-22T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number schedules Q2 2025 earnings call for July 30, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Earnings release for period through June 28, 2025, before market open on July 30, 2025.","Conference call at 8:30 a.m. EDT on July 30; webcast replay available for 60 days.","Company will rely solely on press release for future earnings call details."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":147882,"accession_number":"0000827187-25-000084","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-07-22T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sleep Number appoints Bob Ryder interim CFO; Francis Lee steps down effective July 21, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Francis Lee stepped down as CFO and principal accounting officer; will advise through Aug 15, 2025.","Bob Ryder appointed interim CFO; Kelly Baker named interim principal accounting officer.","Ryder's consulting firm Horsepower to receive $58,750/week for his services; engagement for six months.","CEO cites focus on debt structure, cost reduction, and new products for 2026; Q2 earnings call set for July 30.","Departure not due to any disagreement on financials, operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166603,"accession_number":"0000827187-25-000070","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-05-29T23:59:59+00:00","items":["5.02","5.07","8.01","9.01"],"status":"ready","headline":"Sleep Number shareholders reject board declassification, supermajority elimination proposals","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Proposals to declassify board and eliminate supermajority voting requirements failed, needing two-thirds of outstanding shares.","Board unanimously approved resubmitting these proposals at 2026 Annual Meeting, targeting declassification by 2027.","Shareholders approved 500,000-share increase to 2020 Equity Incentive Plan (9.3M for, 4.4M against).","All three director nominees (Findley, Kilpatrick, Schneider) elected with >85% votes cast in favor.","Advisory vote on executive compensation approved with 77% of votes cast in favor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166602,"accession_number":"0000827187-25-000067","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-05-28T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Sleep Number CAO Joel Laing resigns; CFO Lee to serve as principal accounting officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Joel Laing, VP, Treasurer and CAO, resigns effective June 5, 2025 after nearly 13 years.","Departure is not due to any disagreement with the company on operations, policies, or practices.","Effective June 6, 2025, CFO Francis Lee will assume the role of principal accounting officer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166601,"accession_number":"0000827187-25-000052","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sleep Number reorganizes executive team, eliminates Chief Innovation Officer role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Melissa Barra appointed EVP, Chief Product & Enterprise Strategy Officer; Chris Krusmark becomes EVP, Chief Retail & People Officer.","Annie Bloomquist's EVP, Chief Innovation Officer role eliminated effective April 25; she stays as advisor through May 31.","Hitesh Patel expands CIO role to consolidate corporate tech; Tanya Skogerboe appointed SVP, Chief Supply Chain & Transformation Officer.","Amber Minson joins as EVP, Chief Marketing Officer to drive demand generation and brand visibility.","Changes aim to streamline decision-making, improve accountability and operational efficiency."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166600,"accession_number":"0000827187-25-000051","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-04-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number Q1 revenue falls 16% to $393M, net loss widens to $8.6M, launches restructuring","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $393M, down 16% YoY; gross margin up 250bps to 61.2%.","Net loss $8.6M ($0.38 per diluted share) vs $7.5M loss prior year.","Adjusted EBITDA $22M, down 41%; margin 5.6%, down 230bps.","Corporate management roles cut 21%; expects $80-100M annualized cost savings before restructuring.","No 2025 guidance provided due to leadership transition and macro uncertainty."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.38,"consensus_revenue_estimate":null,"consensus_revenue_actual":393261000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":166599,"accession_number":"0000827187-25-000041","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-04-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number announces Q1 2025 earnings release and call for April 30","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Q1 2025 results to be released after market close on April 30, 2025.","Conference call at 5 p.m. EDT on April 30; webcast on investor relations site.","No preliminary financial results or guidance provided in this announcement.","Replay available for approximately 60 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184027,"accession_number":"0000827187-25-000030","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-03-31T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Sleep Number amends CEO Linda Findley's equity grant to 724,114 shares at $13.81 notional price, adds $2.5M cash bonus","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Original $10M inducement grant restructured to 724,114 shares at $13.81 (2024 average closing price) due to post-earnings stock decline.","Grant comprises 362,057 time-vested RSUs with price modifier, 181,028 PSUs with TSR modifier, and 181,029 RSUs vesting over 3 years.","New $2.5M cash sign-on bonus paid in three installments; first $1.25M net proceeds must be used to buy SNBR shares in open market.","CEO Linda Findley's appointment effective April 7, 2025; amendment effective March 31, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184026,"accession_number":"0000827187-25-000021","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-03-13T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Sleep Number settles with Stadium Capital; five directors to leave board","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Stadium Capital, largest shareholder, withdraws director nominations under agreement.","Michael Harrison, Shelly Ibach, Barbara Matas not standing at 2025 meeting; Lauderback retires Dec 31, 2025; Gulis retires by debt refinancing or 2026 meeting.","Board to reduce from 10 to 7 directors over time; Hilary Schneider appointed Compensation Committee Chair.","Stadium Capital agrees to vote for company nominees at 2025 annual meeting; company reimburses up to $500k expenses.","Action follows prior CEO succession; incoming CEO Linda Findley and Chair Phillip Eyler highlighted."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184025,"accession_number":"0000827187-25-000010","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-03-05T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"Sleep Number appoints Linda Findley as President and CEO effective April 7, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Linda Findley, former Blue Apron CEO and Etsy COO, succeeds retiring Shelly Ibach as CEO and joins Board.","Compensation: $1.2M base salary, 125% target AIP, $10M inducement grant (RSUs/PSUs), $5M annual LTI from 2026.","Phillip Eyler appointed independent Board Chair after 2025 Annual Meeting; Michael J. Harrison retiring from Board.","Findley's appointment unanimous by independent directors; search process with executive search firm."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184024,"accession_number":"0000827187-25-000008","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-03-05T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Sleep Number Q4 net loss narrows to $5M; appoints Linda Findley CEO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $377M (-12% YoY); gross margin 59.9% (+330 bps); net loss $5M (vs -$25M prior year).","Full-year net sales $1.68B (-11%); adjusted EBITDA $120M; free cash flow $4M vs -$66M prior year.","Amended credit facility: $40M liquidity covenant, relaxed leverage ratios through 2025 (max 4.75x in Q1/Q2 2025).","Linda Findley appointed President and CEO effective April 7, 2025; Phillip Eyler to become independent Chair.","No 2025 financial outlook issued; new CEO will evaluate strategies before providing guidance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184023,"accession_number":"0000827187-25-000004","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2025-02-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number announces Q4/FY2024 earnings call date of March 5, 2025, no results yet","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Fiscal Q4 and full year 2024 results will be released after market close on March 5, 2025.","Conference call scheduled for 5:00 p.m. EST (4:00 p.m. CST) on March 5, 2025.","Webcast available at ir.sleepnumber.com; replay available for approximately 60 days."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.9,"consensus_revenue_estimate":null,"consensus_revenue_actual":1682296000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200624,"accession_number":"0000827187-24-000094","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-11-26T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sleep Number rejects Stadium Capital's demand to join CEO successor committee","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board added two directors recommended by Stadium last November; has engaged extensively over past year.","On Oct 30, announced CEO transition and board declassification, consistent with most Stadium suggestions.","Stadium demanded direct participation in CEO succession process; Sleep Number declined, citing robust ongoing search with Korn Ferry.","Stadium withdrew from a scheduled meeting with the Committee and Korn Ferry less than 24 hours before.","Board invited top 20 shareholders to share views on CEO succession; remains open to input."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200623,"accession_number":"0000827187-24-000087","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Sleep Number CEO Shelly Ibach to retire by 2025 annual meeting; board to declassify","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Shelly Ibach to retire as CEO no later than May 2025; will remain Chair through annual meeting then serve as strategic advisor.","Board appoints Michael J. Harrison as independent Chair after 2025 meeting; CEO search underway with independent firm.","Two long-serving directors (Gulis, Lauderback) to retire by 2026; committee chairs rotated to Macadam (Audit) and Eyler (Compensation).","Shareholders to vote on declassifying board and adopting majority voting for mergers/amendments at 2025 annual meeting.","Capital Allocation Committee mandate broadened to include oversight of capital structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200622,"accession_number":"0000827187-24-000085","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number Q3 sales down 10% to $427M; CEO Ibach to retire","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales of $427M, down 10% YoY; gross margin 60.8% (+340 bps YoY).","Adjusted EBITDA $28M, up 11% YoY; FY2024 adj EBITDA outlook $115-125M.","Operating expenses reduced $17M in Q3 and $60M YTD (before restructuring).","Free cash flow $34M YTD, up $50M vs prior year; leverage ratio 4.2x EBITDAR.","CEO Shelly Ibach to retire no later than 2025 Annual Meeting; Board declassification and size reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":1305479000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":200621,"accession_number":"0000827187-24-000074","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-10-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number schedules Q3 2024 earnings release and conference call for Oct 30","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Results for fiscal Q3 ending Sep 28, 2024 to be released after market close on Oct 30, 2024.","Conference call at 5 p.m. EDT on Oct 30; webcast available on investor relations site.","Webcast replay will be available for approximately 60 days.","No preliminary financial results or guidance provided in this announcement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216631,"accession_number":"0000827187-24-000067","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number Q2 net sales fell 11% to $408M; adjusted EBITDA $28M, down from $35M last year","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $408M, down 11% YoY; order backlog changes pressured sales by ~6 percentage points.","Gross margin 59.1%, up 150 bps YoY on product cost cuts and logistics efficiency gains.","Adjusted EBITDA $28M vs $35M last year; operating expenses down $19M before restructuring charges.","Reiterates FY2024 adjusted EBITDA outlook $125M-$145M; expects mid-single-digit net sales decline.","Leverage ratio 4.4x EBITDAR (covenant max 5.5x); YTD free cash flow $9M, up $21M YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.56,"consensus_revenue_estimate":null,"consensus_revenue_actual":878862000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":216630,"accession_number":"0000827187-24-000061","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-07-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number schedules Q2 2024 earnings call for July 31 after market close","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q2 2024 results to be released after market close on July 31, 2024.","Management conference call at 5 p.m. EDT (4 p.m. CDT; 2 p.m. PDT).","Webcast available on Sleep Number investor relations website; replay for ~60 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236304,"accession_number":"0000827187-24-000043","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Sleep Number shareholders approve 1.5M share increase to 2020 equity plan; re-elect four directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved Amendment No. 1 to 2020 Equity Incentive Plan, increasing reserved shares by 1,500,000 to a total of 4,740,000.","Directors Gulis, Lauderback, Macadam, and Schneider re-elected to three-year terms expiring 2027; each received majority 'for' votes.","Ratification of Deloitte & Touche as independent auditor for FY2024 approved with 17.3M votes for, 72K against.","Advisory say-on-pay vote passed with 11.9M for (79.0% of votes cast), 2.5M against, 320K abstain.","Amendment approval was close: 8.05M for vs 6.35M against (55.9% of votes cast in favor); broker non-votes 3.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236303,"accession_number":"0000827187-24-000026","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-04-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number Q1 net sales down 11% to $470M; adjusted EBITDA $37M slightly ahead of outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $470M, down 11% YoY including ~4 ppt pressure from order backlog changes.","Adjusted EBITDA $37M vs $49M prior year; operating expenses cut $24M (before restructuring).","Free cash flow improved to $24M from $3M; leverage ratio 4.2x vs covenant maximum 5.0x.","Reaffirmed FY 2024 adjusted EBITDA guidance $125M-$145M; expects mid-single digit net sales decline."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":470449000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":236302,"accession_number":"0000827187-24-000022","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-04-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number schedules Q1 2024 earnings call for April 24","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q1 2024 results to be released after market close on Wednesday, April 24, 2024.","Conference call at 5:00 PM EDT (4:00 PM CDT; 2:00 PM PDT) on same day.","Webcast via investor relations page at ir.sleepnumber.com; replay available ~60 days.","No preliminary financial results or guidance provided in this announcement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253972,"accession_number":"0000827187-24-000014","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-03-15T23:59:59+00:00","items":[],"status":"ready","headline":"Director Daniel I. Alegre will not seek re-election at 2024 annual meeting; board size reduced to 11","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Daniel I. Alegre informed Sleep Number he will not stand for re-election at the 2024 Annual Meeting.","Board resolved to fix board size at 11 directors effective immediately after the meeting.","Alegre's decision is professional and not due to any disagreement with the Company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253971,"accession_number":"0000827187-24-000007","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Sleep Number reports Q4 net sales down 14% to $430M; full year loss per share $0.68","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $430M, down 14% YoY; demand down low-single digits; gross margin improved 190 bps to 56.6%.","Full year net sales $1.89B (down 11%), full year diluted loss per share $0.68; adjusted loss per share $0.14 excluding $16M restructuring.","Reduced operating expenses $85M in 2023; plan to cut additional $40-45M in 2024 for ~$130M total reduction.","2024 outlook: adjusted EBITDA $125-145M, net sales down mid-single digits, free cash flow $60-80M.","Leverage ratio 4.1x at year end vs 5.0x covenant; reduced workforce to ~4,100."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":1887482000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":253970,"accession_number":"0000827187-24-000003","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2024-02-07T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number schedules Q4/full-year 2023 earnings call for Feb 22, 2024","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Earnings release and conference call scheduled for Feb 22, 2024 after market close.","Call at 5:00 p.m. EST (4:00 p.m. CST; 2:00 p.m. PST).","Webcast available on investor relations website at https://ir.sleepnumber.com.","No preliminary financial results or guidance provided in this announcement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271439,"accession_number":"0001213900-23-084374","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["1.01","5.02","7.01","9.01"],"status":"ready","headline":"Sleep Number adds 2 directors, forms capital committee in pact with Stadium Capital","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Appointed Stephen Macadam (ex-EnPro CEO) and Hilary Schneider (ex-Shutterfly CEO) to expanded 12-member board.","Board formed Capital Allocation and Value Enhancement Committee; Macadam and Barbara Matas co-chair.","Stadium Capital agreed to standstill (ownership cap 12.5%) and voting commitments; reimbursed up to $400k in expenses.","One non-new director will not stand for re-election at 2024 annual meeting per cooperation terms.","Cooperation agreement runs until 30 days before 2025 annual meeting; terminates early on change of control."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271438,"accession_number":"0000827187-23-000091","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-11-07T23:59:59+00:00","items":["1.01","2.02","2.03","2.05","9.01"],"status":"ready","headline":"Sleep Number Q3 net sales down 13%, loss $0.10; restructures with 500 job cuts, store closures","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $473M (-13% YoY); diluted loss per share of $0.10 vs $0.22 EPS last year.","Gross margin improved 130 bps to 57.4%; operating expenses reduced $25M to $266M.","Restructuring: headcount reduction of ~10% (500 employees), 40-50 store closures by end of 2024.","Expects $50M additional 2024 OpEx reductions on top of ~$80M in 2023; up to $20M one-time costs ($10M in Q4).","Amended credit facility reduced total commitment to $685M; updated 2023 EPS outlook to loss up to $0.70 (incl. $0.35 restructuring charge)."],"consensus_eps_estimate":null,"consensus_eps_actual":0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":1457964000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":271437,"accession_number":"0000827187-23-000088","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-10-30T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number sets Q3 2023 earnings call for Nov 7; no results disclosed yet","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Fiscal Q3 2023 results scheduled for release after market close on Tuesday, Nov 7, 2023.","Conference call to be held at 5 p.m. EST (4 p.m. CST; 2 p.m. PST) on the same day.","Webcast available at https://ir.sleepnumber.com; replay accessible for ~60 days."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288303,"accession_number":"0000827187-23-000084","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-09-13T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Sleep Number offers activist Stadium Capital input on new independent director","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Sleep Number responds to Stadium Capital's press release; Board has engaged in regular discussions.","Company offered Stadium Capital opportunity to participate in selecting a new independent director.","Independent Lead Director has met separately with Stadium Capital multiple times.","Board expresses confidence in strategy and current nine independent directors, three recently added.","Sleep Number aims to enhance shareholder value while managing macro challenges."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288302,"accession_number":"0000827187-23-000075","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-07-27T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Sleep Number Q2 EPS $0.03 vs $1.54; sales down 16%; appoints Francis Lee CFO","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net sales $459M (-16% YoY); diluted EPS $0.03 vs $1.54 prior year.","FY 2023 EPS outlook updated to $1.25-$1.75 per share; expects >$100M operating cash flow.","Appointed Francis Lee as EVP and Chief Financial Officer (effective immediately).","Ninth Amendment extends maximum net leverage ratio of 5.0x to include Q3 2023 period."],"consensus_eps_estimate":null,"consensus_eps_actual":0.54,"consensus_revenue_estimate":null,"consensus_revenue_actual":985316000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288301,"accession_number":"0000827187-23-000074","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-07-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Sleep Number appoints Francis Lee as EVP and CFO effective Aug 14, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Francis Lee appointed EVP & CFO effective Aug 14; interim CFO Krusmark returns to CHRO role.","Lee brings experience from Wyze Labs (CFO), Nike (13 years including CFO Japan), and Gap.","Compensation: $625k base, 70% target bonus, $300k sign-on bonus vesting over 1 year.","Long-term incentive: $900k PSUs (3-yr performance), $1.4M options (3-yr vest), $800k RSUs (3-yr vest)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":288300,"accession_number":"0000827187-23-000068","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-07-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Sleep Number sets Q2 2023 earnings call for July 27, no results released","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Earnings release after market close on July 27, 2023, for quarter ended July 1, 2023.","Conference call at 5 p.m. EDT; webcast available on investor relations website.","No financial results or guidance provided in this announcement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":308762,"accession_number":"0000827187-23-000047","cik":827187,"company_name":"Sleep Number Corp","ticker":"SNBR","form_type":"8-K","filed_at":"2023-05-11T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Sleep Number holds 2023 annual meeting; shareholders elect directors, approve say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["88% of shares represented; directors Eyler, Howard, Mendez elected with 14.7M, 14.5M, 16.3M votes for, respectively.","Advisory say-on-pay proposal approved: 12.89M for, 4.45M against, 32.8K abstain.","Shareholders voted for annual frequency of future say-on-pay votes: 16.74M for 1 year, vs. 3.6K for 2 years, 603.6K for 3 years.","Ratification of Deloitte as auditor approved: 18.01M for, 1.37M against, 4.3K abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":41833933.980337076,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-05-11T23:59:59+00:00|308762"}