{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-28T11:36:19.908846+00:00","company":{"ticker":"SNBR","cik":827187,"company_name":"Sleep Number Corp"},"pagination":{"limit":100,"returned":54,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","counterparties":{"contract_counterparty":[{"display_name":"U.S. Bank National Association","detail":"credit_facility","count":3,"first_seen":"2023-07-27T23:59:59+00:00","last_seen":"2026-04-28T23:59:59+00:00","evidence_fact_ids":[22621,98189,127634]},{"display_name":"the prepetition lenders under the Prepetition Credit Agreement","detail":"credit_facility","count":1,"first_seen":"2026-06-16T21:30:12+00:00","last_seen":"2026-06-16T21:30:12+00:00","evidence_fact_ids":[164458]}],"lender":[{"display_name":"U.S. Bank National Association","detail":"credit_facility","count":1,"first_seen":"2023-11-07T23:59:59+00:00","last_seen":"2023-11-07T23:59:59+00:00","evidence_fact_ids":[98190]},{"display_name":"U.S. Bank National Association and certain other financial institutions","detail":"term_loan","count":1,"first_seen":"2026-04-28T23:59:59+00:00","last_seen":"2026-04-28T23:59:59+00:00","evidence_fact_ids":[29218]},{"display_name":"U.S. Bank National Association as Administrative Agent","detail":"credit_facility","count":1,"first_seen":"2026-06-12T14:26:50+00:00","last_seen":"2026-06-12T14:26:50+00:00","evidence_fact_ids":[125289]}]},"facts":[{"fact_type":"exchange_compliance_notice","fact_key":"ded7a9bc8b40cf37dc62b1d0ebcd9371d05948e0","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-06-17T21:07:37+00:00","payload":{"company_response":"does not intend to appeal","compliance_status":"delisting_pending","cure_deadline":null,"deficiency_type":"other","delisting_effective_date":"2026-06-23","exchange":"nasdaq","hearing_date":null,"immediate_listing_effect":null,"minimum_requirement":null,"notice_date":"2026-06-16","notice_type":"delisting_notice","plan_due_date":null,"raw_rule_text":"Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1","reported_value":null,"rule_numbers":["5101","5110(b)","IM-5101-1"],"rules_cited_in_text":true},"claim":"Sleep Number Corp received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).","evidence_excerpt":"June 16, 2026, the Company received a written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, pursuant to Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq has determined to delist the Company’s common stock from Nasdaq. Nasdaq’s determination was based on the filing of the Chapter 11 Cases and associated public interest concerns raised thereby, concerns regarding the residual equity interest of common stockholders and concerns about the Company’s ability to sustain compliance with all requirements for continued listing","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000053","anchor_url":"https://secwatch.observer/filing/0000827187-26-000053#claim-ded7a9bc8b40cf37dc62b1d0ebcd9371d05948e0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000053/0000827187-26-000053-index.htm"},{"fact_type":"material_agreement","fact_key":"c0a600ba2768fda3d112fb0b90b965dc87386020","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-06-16T21:30:12+00:00","payload":{"action":"amendment","agreement_name":"Fourteenth Amendment to Amended and Restated Credit and Security Agreement","agreement_type":"credit_facility","counterparty":"the prepetition lenders under the Prepetition Credit Agreement (collectively, the \"DIP Lenders\")","effective_date":"2026-06-16","item_codes_triggered":["1.01"],"value_text":"up to $260 million"},"claim":"Sleep Number Corp amended Fourteenth Amendment to Amended and Restated Credit and Security Agreement with the prepetition lenders under the Prepetition Credit Agreement (collectively, the \"DIP Lenders\") valued at up to $260 million (effective 2026-06-16).","evidence_excerpt":"On June 16, 2026, Sleep Number Corporation (“Sleep Number” or the “Company”) and its subsidiaries (together with Sleep Number, the “Debtors”) entered into the Fourteenth Amendment (the “DIP Amendment”) to Amended and Restated Credit and Security Agreement (the “Prepetition Credit Agreement”, and as amended by the DIP Amendment, the “DIP Credit Agreement”).","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950103-26-009081","anchor_url":"https://secwatch.observer/filing/0000950103-26-009081#claim-c0a600ba2768fda3d112fb0b90b965dc87386020","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000095010326009081/0000950103-26-009081-index.htm"},{"fact_type":"distress_event","fact_key":"23cf6828b9e57c8cd419339bdffc50df5214ecbe","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-06-12T14:26:50+00:00","payload":{"case_number":"26-11399","court":"United States Bankruptcy Court for the Southern District of New York","item_codes_triggered":["1.03"],"petition_date":"2026-06-12","proceeding_type":"chapter_11"},"claim":"Sleep Number Corp entered chapter 11 in United States Bankruptcy Court for the Southern District of New York (petition 2026-06-12).","evidence_excerpt":"On June 12, 2026 (the “Petition Date”), Sleep Number Corporation (“Sleep Number” or the “Company”) and its subsidiaries (together with Sleep Number, the “Debtors”) filed voluntary petitions for relief (collectively, the “Bankruptcy Petitions”) under chapter 11 of title 11 of the United States Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”).","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000950103-26-008891","anchor_url":"https://secwatch.observer/filing/0000950103-26-008891#claim-23cf6828b9e57c8cd419339bdffc50df5214ecbe","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000095010326008891/0000950103-26-008891-index.htm"},{"fact_type":"debt_financing","fact_key":"2613dc6b0e2be0761f882fa938e186e14a185837","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-06-12T14:26:50+00:00","payload":{"counterparty":"U.S. Bank National Association as Administrative Agent","effective_date":"2026-06-12","event":"acceleration","instrument_type":"credit_facility","interest_rate_text":null,"item_codes_triggered":["2.04"],"maturity_text":null,"principal_text":"approximately $672.5 million in the aggregate principal amount"},"claim":"Sleep Number Corp faced acceleration on credit facility of approximately $672.5 million in the aggregate principal amount with U.S. Bank National Association as Administrative Agent.","evidence_excerpt":"in the acceleration of the Company’s payment obligations under those instruments. As such, substantially all of the Company’s\ndebt, with balances of approximately $672.5 million in the aggregate principal amount as of the Petition Date, is in default and accelerated,\nbut subject to the automatic stay under the Bankruptcy Code. The filing of the","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000950103-26-008891","anchor_url":"https://secwatch.observer/filing/0000950103-26-008891#claim-2613dc6b0e2be0761f882fa938e186e14a185837","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000095010326008891/0000950103-26-008891-index.htm"},{"fact_type":"executive_change","fact_key":"afb07a533e","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-06-10T20:35:18+00:00","payload":{"action":"elected","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2026-06-04","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Colin M. Adams was elected as Director at Sleep Number Corp.","evidence_excerpt":"On June 4, 2026, Colin M. Adams, Esq. was elected as a director of the Board of the Company, effective immediately.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000827187-26-000050","anchor_url":"https://secwatch.observer/filing/0000827187-26-000050#claim-afb07a533e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000050/0000827187-26-000050-index.htm"},{"fact_type":"shareholder_vote","fact_key":"dc0a53bfc6440e207cdaba9a3a7f471e6534c38d","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-27T20:01:22+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-21","outcome":"passed","proposal_text":"Amendment No. 2 to the Sleep Number Corporation 2020 Equity Incentive Plan","proposal_type":"equity_plan","results":[{"broker_non_votes":"5,492,668","subject":null,"votes_abstain":"268,228","votes_against":"3,624,947","votes_for":"8,578,821","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders approved Amendment No. 2 to the Sleep Number Corporation 2020 Equity Incentive Plan at the 2026-05-21 meeting.","evidence_excerpt":"Proposal 7. Amendment No. 2 to the Sleep Number Corporation 2020 Equity Incentive Plan The proposal to approve an amendment to the Sleep Number Corporation 2020 Equity Incentive Plan was approved","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000045","anchor_url":"https://secwatch.observer/filing/0000827187-26-000045#claim-dc0a53bfc6440e207cdaba9a3a7f471e6534c38d","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm"},{"fact_type":"shareholder_vote","fact_key":"a6ad77a3da0a624981202b2e2f8024efc01d3496","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-27T20:01:22+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-21","outcome":"passed","proposal_text":"Advisory Vote on Executive Compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"5,492,668","subject":null,"votes_abstain":"1,257,129","votes_against":"704,349","votes_for":"10,510,518","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders approved Advisory Vote on Executive Compensation at the 2026-05-21 meeting.","evidence_excerpt":"Proposal 6. Advisory Vote on Executive Compensation The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers as outlined in the Company’s proxy statement was approved","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000045","anchor_url":"https://secwatch.observer/filing/0000827187-26-000045#claim-a6ad77a3da0a624981202b2e2f8024efc01d3496","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm"},{"fact_type":"shareholder_vote","fact_key":"3277c847992107fb684cb4b050349c75cc7ec8f0","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-27T20:01:22+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-21","outcome":"passed","proposal_text":"Ratification of Appointment of Independent Registered Public Accounting Firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"5,459","votes_against":"242,738","votes_for":"17,716,467","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-05-21 meeting.","evidence_excerpt":"Proposal 5. Ratification of Appointment of Independent Registered Public Accounting Firm The proposal to ratify, on an advisory basis, the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year ending January 2, 2027, was approved","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000045","anchor_url":"https://secwatch.observer/filing/0000827187-26-000045#claim-3277c847992107fb684cb4b050349c75cc7ec8f0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm"},{"fact_type":"shareholder_vote","fact_key":"21f3700272b814d4f428d9b1bb0ba26d54e8a9bd","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-27T20:01:22+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-21","outcome":"failed","proposal_text":"Approve an Amendment to the Company's Articles to Eliminate the Supermajority Voting Requirements in Article XV Related to Approval of Certain Transactions","proposal_type":"charter_amendment","results":[{"broker_non_votes":"5,492,668","subject":null,"votes_abstain":"39,805","votes_against":"682,175","votes_for":"11,750,016","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders rejected Approve an Amendment to the Company's Articles to Eliminate the Supermajority Voting Requirements in Article XV Related to Approval of Certain Transactions at the 2026-05-21 meeting.","evidence_excerpt":"Proposal 4. Approve an Amendment to the Company's Articles to Eliminate the Supermajority Voting Requirements in Article XV Related to Approval of Certain Transactions The amendment to the Company's Articles to eliminate the supermajority voting requirement in Article XV related to approval of certain transactions was not approved","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000045","anchor_url":"https://secwatch.observer/filing/0000827187-26-000045#claim-21f3700272b814d4f428d9b1bb0ba26d54e8a9bd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm"},{"fact_type":"shareholder_vote","fact_key":"2e2095bbd61cfe0d137ed11085746909fe9e729f","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-27T20:01:22+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-21","outcome":"failed","proposal_text":"Approve an Amendment to the Company's Articles to Eliminate the Supermajority Voting Requirement in Article XIV Related to Directors","proposal_type":"charter_amendment","results":[{"broker_non_votes":"5,492,668","subject":null,"votes_abstain":"98,876","votes_against":"620,674","votes_for":"11,752,446","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders rejected Approve an Amendment to the Company's Articles to Eliminate the Supermajority Voting Requirement in Article XIV Related to Directors at the 2026-05-21 meeting.","evidence_excerpt":"Proposal 3. Approve an Amendment to the Company's Articles to Eliminate the Supermajority Voting Requirement in Article XIV Related to Directors The amendment to the Company's Articles to eliminate the supermajority voting requirement in Article XIV related to Directors was not approved","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000045","anchor_url":"https://secwatch.observer/filing/0000827187-26-000045#claim-2e2095bbd61cfe0d137ed11085746909fe9e729f","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm"},{"fact_type":"shareholder_vote","fact_key":"513f78b932c32a6ece983a8964599a99481ea265","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-27T20:01:22+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-21","outcome":"failed","proposal_text":"Approve Amendments to the Company's Articles and Bylaws to Declassify the Board","proposal_type":"charter_amendment","results":[{"broker_non_votes":"5,492,668","subject":null,"votes_abstain":"78,938","votes_against":"285,333","votes_for":"12,107,725","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders rejected Approve Amendments to the Company's Articles and Bylaws to Declassify the Board at the 2026-05-21 meeting.","evidence_excerpt":"Proposal 2. Approve Amendments to the Company's Articles and Bylaws to Declassify the Board The amendments to the Company's Third Restated Articles of Incorporation, as amended, (\"Articles\") and Restated Bylaws (\"Bylaws\") to declassify the Board were not approved","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000045","anchor_url":"https://secwatch.observer/filing/0000827187-26-000045#claim-513f78b932c32a6ece983a8964599a99481ea265","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e9b767454b3cc48e3d6b8a8cd11844d5ce961a1a","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-27T20:01:22+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-21","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"5,492,668","subject":"Phillip M. Eyler","votes_abstain":null,"votes_against":null,"votes_for":"10,872,873","votes_withheld":"1,599,123"},{"broker_non_votes":"5,492,668","subject":"Julie M. Howard","votes_abstain":null,"votes_against":null,"votes_for":"11,188,374","votes_withheld":"1,283,622"},{"broker_non_votes":"5,492,668","subject":"Angel L. Mendez","votes_abstain":null,"votes_against":null,"votes_for":"11,498,920","votes_withheld":"973,076"}]},"claim":"Sleep Number Corp shareholders approved Election of Directors at the 2026-05-21 meeting.","evidence_excerpt":"Proposal 1. Election of Directors Phillip M. Eyler, Julie M. Howard and Angel L. Mendez, were each elected by shareholders for three-year terms expiring at the 2029 Annual Meeting of Shareholders","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000045","anchor_url":"https://secwatch.observer/filing/0000827187-26-000045#claim-e9b767454b3cc48e3d6b8a8cd11844d5ce961a1a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000045/0000827187-26-000045-index.htm"},{"fact_type":"earnings_release","fact_key":"af177d77b851d8e4d2544115c5e9661953f85467","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-05-12T11:02:11+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"Net loss was $50 million","period_text":"the quarter ended April 4, 2026","report_date":"2026-05-12","result_type":"reported_results","revenue_text":"$319 million"},"claim":"Sleep Number Corp reported the quarter ended April 4, 2026 results: revenue $319 million, net income Net loss was $50 million.","evidence_excerpt":"Sleep Number Announces First Quarter 2026 Results Reports First Quarter 2026 Net Sales of $319 million","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000827187-26-000039","anchor_url":"https://secwatch.observer/filing/0000827187-26-000039#claim-af177d77b851d8e4d2544115c5e9661953f85467","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000039/0000827187-26-000039-index.htm"},{"fact_type":"debt_financing","fact_key":"56d984502e2e35715915d4dc2dadc94f94297eb8","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-04-28T23:59:59+00:00","payload":{"counterparty":"U.S. Bank National Association and certain other financial institutions","effective_date":"2026-04-27","event":"incurrence","instrument_type":"term_loan","interest_rate_text":"one-month term SOFR rate plus 8.00%","item_codes_triggered":["2.03"],"maturity_text":"matures on June 30, 2026, with a $5 million amortization payment due on June 1, 2026","principal_text":"$25 million term loan facility (the '2026 Term Loan')"},"claim":"Sleep Number Corp incurred term loan of $25 million term loan facility (the '2026 Term Loan') with U.S. Bank National Association and certain other financial institutions at one-month term SOFR rate plus 8.00% maturing matures on June 30, 2026, with a $5 million amortization payment due on June 1, 2026.","evidence_excerpt":"On April 27, 2026, Sleep Number Corporation, a Minnesota corporation (“Sleep Number”), entered into a Forbearance Agreement and Thirteenth Amendment (the “Thirteenth Amendment”) amending the Amended and Restated Credit and Security Agreement, dated as of February 14, 2018 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among U.S. Bank National Association (“U.S. Bank”), as Administrative Agent, Swing Line Lender and Issuing Lender, and certain other financial institutions party thereto.","confidence":0.98,"filing_url":"https://secwatch.observer/filing/0000827187-26-000035","anchor_url":"https://secwatch.observer/filing/0000827187-26-000035#claim-56d984502e2e35715915d4dc2dadc94f94297eb8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000035/0000827187-26-000035-index.htm"},{"fact_type":"material_agreement","fact_key":"9af0047b4cc75d5b76f4fe35ad32dea40038f642","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-04-28T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Forbearance Agreement and Thirteenth Amendment","agreement_type":"credit_facility","counterparty":"U.S. Bank National Association","effective_date":"2026-04-27","item_codes_triggered":["1.01"],"value_text":"$25 million term loan facility"},"claim":"Sleep Number Corp amended Forbearance Agreement and Thirteenth Amendment with U.S. Bank National Association valued at $25 million term loan facility (effective 2026-04-27).","evidence_excerpt":"On April 27, 2026, Sleep Number Corporation, a Minnesota corporation (“Sleep Number”), entered into a Forbearance Agreement and Thirteenth Amendment (the “Thirteenth Amendment”) amending the Amended and Restated Credit and Security Agreement, dated as of February 14, 2018","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000035","anchor_url":"https://secwatch.observer/filing/0000827187-26-000035#claim-9af0047b4cc75d5b76f4fe35ad32dea40038f642","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000035/0000827187-26-000035-index.htm"},{"fact_type":"earnings_release","fact_key":"20a8e500fa0202fbfe4ced1c5b1d7bf0d5f765c2","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-03-12T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":"$132 million","period_text":"the fiscal year ended January 3, 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Guidance initiated.","evidence_excerpt":"Net sales of $1.4 billion, down 16%, driven by driven by ongoing industry pressure and lower store traffic. • Gross profit of $833 million, a decrease of $170 million. Gross profit margin of 59.0% of net sales, down 60 bps, driven by the $9.6 million inventory write-down charge and partially offset by the benefit of product cost reductions through value engineering and ongoing supplier negotiations and ongoing efficiencies in our home delivery and logistics operations. • Operating expenses were $880 million. Adjusted operating expenses before restructuring and other non-recurring costs were $824 million, a decrease of $136 million, or 14%, driven by lower marketing and selling expenses, general and administrative expenses, and research and development expenses. • Restructuring and other non-recurring costs were $65 million, driven primarily by severance and employee-related benefits, contract termination costs due to store closures, asset impairment charges, and inventory obsolescence.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-26-000012","anchor_url":"https://secwatch.observer/filing/0000827187-26-000012#claim-20a8e500fa0202fbfe4ced1c5b1d7bf0d5f765c2","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718726000012/0000827187-26-000012-index.htm"},{"fact_type":"earnings_release","fact_key":"eef41beac09e414fb214c6b598196c2b1e145ab9","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2026-03-12T23:59:59+00:00","payload":{"eps_text":null,"guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$59 million","period_text":"the fourth quarter ended January 3, 2026","report_date":"2026-03-12","result_type":"reported_results","revenue_text":"$347 million"},"claim":"Sleep Number Corp reported the fourth quarter ended January 3, 2026 results: revenue $347 million, net income $59 million.","evidence_excerpt":"Net sales of $347 million, down 8%, driven by ongoing industry demand pressure and lower store traffic. • Gross profit of $193 million, a decrease of $32 million. Gross profit margin of 55.6% compared to 59.9% for the same period last year, primarily due to a $9.6 million inventory obsolescence charge associated with the introduction of the company's new product line. Excluding the charge, adjusted gross profit margin was 58.4%. • Operating expenses were $201 million. 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Guidance initiated.","evidence_excerpt":"Fourth Quarter Overview • Net sales decreased 14% to $430 million, with demand down low-single digits year-over-year • Gross margin of 56.6% was up 190 bp versus the prior year, primarily benefiting from pricing actions, easing commodity prices and operating cost reductions, partially offset by increased promotions • Operating expenses were reduced by $24 million to $247 million (before restructuring charges) compared with $271 million last year • Loss per diluted share of $1.12; “as adjusted” diluted loss per share of $0.58, excluding $16 million of restructuring costs recorded in the fourth quarter","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-24-000007","anchor_url":"https://secwatch.observer/filing/0000827187-24-000007#claim-d5cf9981989933808824664351aff9cad59558d6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718724000007/0000827187-24-000007-index.htm"},{"fact_type":"executive_change","fact_key":"867fcd4ad1","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-11-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-11-07","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Stephen Macadam was appointed as Director at Sleep Number Corp.","evidence_excerpt":"the Board increased the size of the Board to twelve (12) directors and appointed Hilary Schneider and Stephen Macadam to the Board","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-23-084374","anchor_url":"https://secwatch.observer/filing/0001213900-23-084374#claim-867fcd4ad1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000121390023084374/0001213900-23-084374-index.htm"},{"fact_type":"executive_change","fact_key":"94eda433e9","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-11-07T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-11-07","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Hilary Schneider was appointed as Director at Sleep Number Corp.","evidence_excerpt":"the Board increased the size of the Board to twelve (12) directors and appointed Hilary Schneider and Stephen Macadam to the Board","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001213900-23-084374","anchor_url":"https://secwatch.observer/filing/0001213900-23-084374#claim-94eda433e9","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000121390023084374/0001213900-23-084374-index.htm"},{"fact_type":"earnings_release","fact_key":"f3c291aa0e06a0de3ee2ae3b859044c88b98aa69","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-11-07T23:59:59+00:00","payload":{"eps_text":"loss of up to $0.70 per share","guidance_signal":"lowered","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"full-year 2023","report_date":"2023-11-07","result_type":"guidance_update","revenue_text":null},"claim":"Sleep Number Corp reported full-year 2023 results: EPS loss of up to $0.70 per share. 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These actions are broad-based and include a headcount reduction of approximately 10% or 500 team members across all areas of the organization, including in corporate and research and development functions. These actions also include a rationalization of the store portfolio with a planned closure of 40 to 50 stores by the end of 2024, a slower rate of new store openings and remodels, and a reduction of the Company's 2024 capital expenditures. Gross margin improvement actions include value engineering and cost optimization strategies, including driving additional efficiencies through the Company's manufacturing and home delivery network.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000091","anchor_url":"https://secwatch.observer/filing/0000827187-23-000091#claim-5f7fa7f788406d48c836be5de8e2162e0219399a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000091/0000827187-23-000091-index.htm"},{"fact_type":"debt_financing","fact_key":"5ea085facf4c76f97704ddbadab38a7e312d48a8","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-11-07T23:59:59+00:00","payload":{"counterparty":"U.S. Bank National Association","effective_date":"2023-11-02","event":"amendment","instrument_type":"credit_facility","interest_rate_text":"increases the Applicable Margin by 25 to 75 basis points","item_codes_triggered":["2.03"],"maturity_text":null,"principal_text":"$825 million to $685 million"},"claim":"Sleep Number Corp amended credit facility of $825 million to $685 million with U.S. Bank National Association at increases the Applicable Margin by 25 to 75 basis points.","evidence_excerpt":"and certain other financial institutions party thereto. The Tenth Amendment, among other things, (a) decreases the total aggregate commitment under the Credit Agreement from $825 million to $685 million, (b) decreases the $625 million revolving loan commitment to $485 million, (c) decreases the accordion from $400 million to $342.5 million, (d) increases the","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000091","anchor_url":"https://secwatch.observer/filing/0000827187-23-000091#claim-5ea085facf4c76f97704ddbadab38a7e312d48a8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000091/0000827187-23-000091-index.htm"},{"fact_type":"material_agreement","fact_key":"1d0d854cdbccd099067b50c682392882ac29fc6c","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-11-07T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Tenth Amendment","agreement_type":"credit_facility","counterparty":"U.S. Bank National Association","effective_date":"2023-11-02","item_codes_triggered":["1.01"],"value_text":null},"claim":"Sleep Number Corp amended Tenth Amendment with U.S. Bank National Association (effective 2023-11-02).","evidence_excerpt":"☐ ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On November 2, 2023, Sleep Number Corporation, a Minnesota corporation (“Sleep Number”), entered into a Tenth Amendment (the “Tenth Amendment”) amending and supplementing the Amended and Restated Credit and Security Agreement, dated as of February 14, 2018 (as amended, supplemented or otherwise modified from time to time, including by the Ninth Amendment, the “Credit Agreement”), among U.S.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000091","anchor_url":"https://secwatch.observer/filing/0000827187-23-000091#claim-1d0d854cdbccd099067b50c682392882ac29fc6c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000091/0000827187-23-000091-index.htm"},{"fact_type":"earnings_release","fact_key":"c90121ca8f78659a1acde6bc3fb5d00eaba2051e","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-07-27T23:59:59+00:00","payload":{"eps_text":"$1.25 to $1.75 per share","guidance_signal":"unknown","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"full-year 2023","report_date":"2023-07-27","result_type":"guidance_update","revenue_text":null},"claim":"Sleep Number Corp reported full-year 2023 results: EPS $1.25 to $1.75 per share.","evidence_excerpt":"The company updated its full-year 2023 diluted EPS outlook to a range of $1.25 to $1.75.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000075","anchor_url":"https://secwatch.observer/filing/0000827187-23-000075#claim-c90121ca8f78659a1acde6bc3fb5d00eaba2051e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000075/0000827187-23-000075-index.htm"},{"fact_type":"earnings_release","fact_key":"44ba355adecc4e3a153fb2096ed81d25dfeb5fd6","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-07-27T23:59:59+00:00","payload":{"eps_text":"$0.03 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"second quarter ended July 1, 2023","report_date":"2023-07-27","result_type":"reported_results","revenue_text":"$459 million"},"claim":"Sleep Number Corp reported second quarter ended July 1, 2023 results: revenue $459 million, EPS $0.03 per diluted share.","evidence_excerpt":"Second quarter net sales were $459 million; demand down mid-single digits versus the prior year • Reports second quarter diluted EPS of $0.03","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000075","anchor_url":"https://secwatch.observer/filing/0000827187-23-000075#claim-44ba355adecc4e3a153fb2096ed81d25dfeb5fd6","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000075/0000827187-23-000075-index.htm"},{"fact_type":"material_agreement","fact_key":"31b16a36ddf42b394b2311c9f83620537a5d6807","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-07-27T23:59:59+00:00","payload":{"action":"amendment","agreement_name":"Ninth Amendment","agreement_type":"credit_facility","counterparty":"U.S. Bank National Association","effective_date":"2023-07-24","item_codes_triggered":["1.01"],"value_text":null},"claim":"Sleep Number Corp amended Ninth Amendment with U.S. Bank National Association (effective 2023-07-24).","evidence_excerpt":"entered into a Ninth Amendment (the “Ninth Amendment”) amending and supplementing the Amended and Restated Credit and Security Agreement","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000075","anchor_url":"https://secwatch.observer/filing/0000827187-23-000075#claim-31b16a36ddf42b394b2311c9f83620537a5d6807","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000075/0000827187-23-000075-index.htm"},{"fact_type":"executive_change","fact_key":"da5c3f18fc","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-07-27T23:59:59+00:00","payload":{"action":"stepped down","action_category":"role_change","departure_tone":"routine","effective_date":"2023-08-14","interim":true,"role":"Interim Chief Financial Officer","role_category":"cfo","successor_name":"Francis K. Lee","successor_named":true},"claim":"Chris Krusmark changed role as Interim Chief Financial Officer at Sleep Number Corp.","evidence_excerpt":"He will assume the role from Chris Krusmark, EVP and Chief Human Resources Officer, who has held the position of Interim CFO since January 2023.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000074","anchor_url":"https://secwatch.observer/filing/0000827187-23-000074#claim-da5c3f18fc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000074/0000827187-23-000074-index.htm"},{"fact_type":"executive_change","fact_key":"d8621433d0","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-07-27T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2023-08-14","interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Francis K. Lee was appointed as Executive Vice President and Chief Financial Officer at Sleep Number Corp.","evidence_excerpt":"On July 27, 2023, Sleep Number Corporation (the “Company”) announced that Francis K. Lee has been appointed to the position of Executive Vice President and Chief Financial Officer, effective as of August 14, 2023.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000827187-23-000074","anchor_url":"https://secwatch.observer/filing/0000827187-23-000074#claim-d8621433d0","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000074/0000827187-23-000074-index.htm"},{"fact_type":"shareholder_vote","fact_key":"c8255b9d3da450e561f71b483e411e0f8febaa63","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-05-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-11","outcome":"passed","proposal_text":"Ratification of Selection of Independent Registered Public Accounting Firm","proposal_type":"auditor_ratification","results":[{"broker_non_votes":null,"subject":null,"votes_abstain":"4,332","votes_against":"1,372,721","votes_for":"18,012,960","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-05-11 meeting.","evidence_excerpt":"Proposal 4. Ratification of Selection of Independent Registered Public Accounting Firm The proposal to ratify, on an advisory basis, the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year ending December 30, 2023 was approved by shareholders in accordance with the following voting results: For Against Abstain Broker Non-Votes 18,012,960 1,372,721 4,332 ---","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000047","anchor_url":"https://secwatch.observer/filing/0000827187-23-000047#claim-c8255b9d3da450e561f71b483e411e0f8febaa63","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000047/0000827187-23-000047-index.htm"},{"fact_type":"shareholder_vote","fact_key":"2f0e8ea26cb3d96740517e5785f8c31188fbc91a","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-05-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-11","outcome":"passed","proposal_text":"Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation","proposal_type":"say_on_pay_frequency","results":[{"broker_non_votes":null,"subject":"1 Year","votes_abstain":null,"votes_against":null,"votes_for":"16,741,092","votes_withheld":null},{"broker_non_votes":null,"subject":"2 Years","votes_abstain":null,"votes_against":null,"votes_for":"3,578","votes_withheld":null},{"broker_non_votes":null,"subject":"3 Years","votes_abstain":null,"votes_against":null,"votes_for":"603,562","votes_withheld":null},{"broker_non_votes":null,"subject":"Abstain","votes_abstain":"28,409","votes_against":null,"votes_for":null,"votes_withheld":null},{"broker_non_votes":"2,013,372","subject":"Broker Non-Votes","votes_abstain":null,"votes_against":null,"votes_for":null,"votes_withheld":null}]},"claim":"Sleep Number Corp shareholders approved Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation at the 2023-05-11 meeting.","evidence_excerpt":"Proposal 3. Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation The proposal to approve, on an advisory basis, the frequency of future advisory votes on executive compensation has been been approved by shareholders to occur on an annual basis in accordance with the following voting results: 1 Year 2 Years 3 Years Abstain Broker Non-Votes 16,741,092 3,578 603,562 28,409 2,013,372","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000047","anchor_url":"https://secwatch.observer/filing/0000827187-23-000047#claim-2f0e8ea26cb3d96740517e5785f8c31188fbc91a","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000047/0000827187-23-000047-index.htm"},{"fact_type":"shareholder_vote","fact_key":"026c0291bbee6b1c85a7b5a823d525481022d902","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-05-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-11","outcome":"passed","proposal_text":"Advisory Vote on Executive Compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"2,013,372","subject":null,"votes_abstain":"32,785","votes_against":"4,453,216","votes_for":"12,890,640","votes_withheld":null}]},"claim":"Sleep Number Corp shareholders approved Advisory Vote on Executive Compensation at the 2023-05-11 meeting.","evidence_excerpt":"Proposal 2. Advisory Vote on Executive Compensation The proposal to approve, on an advisory basis, the compensation of the Company’s named executive officers as outlined in the Company’s proxy statement has been approved by shareholders in accordance with the following voting results: For Against Abstain Broker Non-Votes 12,890,640 4,453,216 32,785 2,013,372","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000047","anchor_url":"https://secwatch.observer/filing/0000827187-23-000047#claim-026c0291bbee6b1c85a7b5a823d525481022d902","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000047/0000827187-23-000047-index.htm"},{"fact_type":"shareholder_vote","fact_key":"f48d2a3a6aee3665e01701cd817ecf7f8ff7da79","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-05-11T23:59:59+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2023-05-11","outcome":"passed","proposal_text":"Election of Directors","proposal_type":"director_election","results":[{"broker_non_votes":"2,013,372","subject":"Phillip M. 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Mendez 16,301,726 1,074,915 2,013,372","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000047","anchor_url":"https://secwatch.observer/filing/0000827187-23-000047#claim-f48d2a3a6aee3665e01701cd817ecf7f8ff7da79","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000047/0000827187-23-000047-index.htm"},{"fact_type":"earnings_release","fact_key":"cec81ca510e2729efdc9759b079f14c5d6379192","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-04-26T23:59:59+00:00","payload":{"eps_text":"$0.51","guidance_signal":"reaffirmed","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fiscal first quarter ended April 1, 2023","report_date":"2023-04-26","result_type":"reported_results","revenue_text":"$527 million"},"claim":"Sleep Number Corp reported the fiscal first quarter ended April 1, 2023 results: revenue $527 million, EPS $0.51. Guidance reaffirmed.","evidence_excerpt":"MINNEAPOLIS – (April 26, 2023) – Sleep Number Corporation (Nasdaq: SNBR) today reported results for the quarter ended April 1, 2023. “First quarter performance was consistent with our expectations, reflecting our team’s strong execution in a challenged macro environment with historically low consumer sentiment pressuring demand. After nearly two years of supply disruption, the consistent flow of microchips has enabled us to return to more efficient operations,” said Shelly Ibach, Chair, President and CEO. “Beginning in the second quarter we are executing a sequence of new integrated demand drivers, including our next generation Sleep Number smart beds, lifestyle furniture, and “Sleep Next Level” brand campaign. These ads inspire consumers to unlock their full potential through our smart bed’s life-changing, individualized sleep benefits.” First Quarter Overview • Net sales of $527 million were consistent with the prior year, including a 2% comparable sales decline, offset by two percen","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000827187-23-000036","anchor_url":"https://secwatch.observer/filing/0000827187-23-000036#claim-cec81ca510e2729efdc9759b079f14c5d6379192","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000036/0000827187-23-000036-index.htm"},{"fact_type":"earnings_release","fact_key":"ef08c1df8e513b35b695dedd75706c5bea96a307","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-02-22T23:59:59+00:00","payload":{"eps_text":"$1.25 to $2.00 per diluted share","guidance_signal":"initiated","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"2023","report_date":"2023-02-22","result_type":"guidance_update","revenue_text":null},"claim":"Sleep Number Corp reported 2023 results: EPS $1.25 to $2.00 per diluted share. Guidance initiated.","evidence_excerpt":"The company expects 2023 diluted EPS of $1.25 to $2.00. The 2023 outlook assumes net sales are flat to down mid-single digits versus the prior year. The outlook assumes gross margin rate improves by more than 150 basis points versus 2022. The company expects to generate over $100 million of operating cash flow for the year and positive free cash flows. The company anticipates 2023 capital expenditures of $50 million to $60 million and is planning no share repurchases during the year.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000014","anchor_url":"https://secwatch.observer/filing/0000827187-23-000014#claim-ef08c1df8e513b35b695dedd75706c5bea96a307","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000014/0000827187-23-000014-index.htm"},{"fact_type":"earnings_release","fact_key":"d831923935c94fa3e425c4641e449cde75ce2644","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-02-22T23:59:59+00:00","payload":{"eps_text":"$1.60 per diluted share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fiscal year ended December 31, 2022","report_date":"2023-02-22","result_type":"reported_results","revenue_text":"$2.11 billion"},"claim":"Sleep Number Corp reported the fiscal year ended December 31, 2022 results: revenue $2.11 billion, EPS $1.60 per diluted share.","evidence_excerpt":"Full Year Overview • Net sales decreased 3% to $2.11 billion in 2022; full year demand declined 13% versus the prior year, partially offset by the delivery of excess backlog • Gross profit decreased 9% to $1.2 billion, or 56.9% of net sales, including the impact of year-over-year input cost increases and inefficiencies from semiconductor chip constraints, partially offset by pricing actions • Diluted EPS of $1.60, compared to $6.16 last year","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000014","anchor_url":"https://secwatch.observer/filing/0000827187-23-000014#claim-d831923935c94fa3e425c4641e449cde75ce2644","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000014/0000827187-23-000014-index.htm"},{"fact_type":"earnings_release","fact_key":"c7d23bd34ed6706f01e7ddf293f0ab87fbfcfe97","cik":827187,"ticker":"SNBR","company_name":"Sleep Number 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who will be stepping down as CFO, in each case effective as of January 30, 2023.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000827187-23-000005","anchor_url":"https://secwatch.observer/filing/0000827187-23-000005#claim-e90fcfd484","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000005/0000827187-23-000005-index.htm"},{"fact_type":"executive_change","fact_key":"7c68609da5","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-01-27T23:59:59+00:00","payload":{"action":"stepping down","action_category":"departure","departure_tone":"routine","effective_date":"2023-01-30","interim":false,"role":"Chief Financial Officer","role_category":"cfo","successor_name":"Chris Krusmark","successor_named":true},"claim":"David Callen departed as Chief Financial Officer at Sleep Number Corp.","evidence_excerpt":"On January 24, 2023, the Company appointed Chris Krusmark as the interim Chief Financial Officer (CFO) of the Company to succeed David Callen, who will be stepping down as CFO, in each case effective as of January 30, 2023.","confidence":1.0,"filing_url":"https://secwatch.observer/filing/0000827187-23-000005","anchor_url":"https://secwatch.observer/filing/0000827187-23-000005#claim-7c68609da5","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000005/0000827187-23-000005-index.htm"},{"fact_type":"earnings_release","fact_key":"5cad56ca880eeb90231620a95c4cd28715e39ad8","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2023-01-27T23:59:59+00:00","payload":{"eps_text":"$1.60","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":null,"period_text":"the fiscal year ended December 31, 2022","report_date":"2023-01-27","result_type":"preliminary_results","revenue_text":"$2,114* million"},"claim":"Sleep Number Corp reported the fiscal year ended December 31, 2022 results: revenue $2,114* million, EPS $1.60.","evidence_excerpt":"Based on preliminary financial results, the company estimates FY2022 net sales of $2,114* million and earnings per diluted share of $1.60.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0000827187-23-000008","anchor_url":"https://secwatch.observer/filing/0000827187-23-000008#claim-5cad56ca880eeb90231620a95c4cd28715e39ad8","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718723000008/0000827187-23-000008-index.htm"},{"fact_type":"executive_change","fact_key":"988a9913c1","cik":827187,"ticker":"SNBR","company_name":"Sleep Number Corp","filed_at":"2022-03-30T23:59:59+00:00","payload":{"action":"retired","action_category":"departure","departure_tone":"retirement","effective_date":"2022-05-12","interim":false,"role":"Director","role_category":"director","successor_name":null,"successor_named":false},"claim":"Kathleen L. Nedorostek retired as Director at Sleep Number Corp.","evidence_excerpt":"After serving 11 years as a Sleep Number Corporation Director, Kathleen L. Nedorostek will retire from the Board of Directors upon the conclusion of our Annual Meeting of Shareholders on May 12, 2022.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0000827187-22-000025","anchor_url":"https://secwatch.observer/filing/0000827187-22-000025#claim-988a9913c1","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/827187/000082718722000025/0000827187-22-000025-index.htm"}]}