Sleep Number Corp Files 2024 10-K
Ticker: SNBR · Form: 10-K · Filed: 2025-03-07T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, financials
Related Tickers: SNBR
TL;DR
SNBR 2024 10-K filed. Full financials out.
AI Summary
Sleep Number Corp filed its 2024 10-K on March 7, 2025, reporting on its fiscal year ending December 28, 2024. The company, formerly known as Select Comfort Corp, is based in Minneapolis, MN. The filing covers financial data and business operations for the period, with specific financial figures and commitments detailed within the report.
Why It Matters
This filing provides investors and stakeholders with a comprehensive overview of Sleep Number's financial health and operational performance for the fiscal year 2024, crucial for understanding the company's current standing and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard annual report, but the company's financial performance and market conditions can introduce inherent risks.
Key Numbers
- 2024 — Fiscal Year End (The period covered by the 10-K filing.)
- 20250307 — Filing Date (The date the 10-K was submitted to the SEC.)
- 120 — Public Document Count (Indicates the volume of documents associated with this filing.)
Key Players & Entities
- Sleep Number Corp (company) — Filer of the 10-K
- Select Comfort Corp (company) — Former name of Sleep Number Corp
- Minneapolis, MN (location) — Company headquarters
- March 7, 2025 (date) — Filing date of the 10-K
- December 28, 2024 (date) — Fiscal year end
FAQ
What was Sleep Number Corp's previous name?
Sleep Number Corp was formerly known as Select Comfort Corp, with a name change date of August 21, 1998.
When did Sleep Number Corp's fiscal year 2024 end?
Sleep Number Corp's fiscal year 2024 ended on December 28, 2024.
On what date was this 10-K filing submitted?
This 10-K filing was submitted on March 7, 2025.
In which state is Sleep Number Corp incorporated?
Sleep Number Corp is incorporated in Minnesota (MN).
What is the Standard Industrial Classification code for Sleep Number Corp?
The Standard Industrial Classification code for Sleep Number Corp is 2510, which falls under HOUSEHOLD FURNITURE.
From the Filing
0000827187-25-000018.txt : 20250307 0000827187-25-000018.hdr.sgml : 20250307 20250307162722 ACCESSION NUMBER: 0000827187-25-000018 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 120 CONFORMED PERIOD OF REPORT: 20241228 FILED AS OF DATE: 20250307 DATE AS OF CHANGE: 20250307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sleep Number Corp CENTRAL INDEX KEY: 0000827187 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 411597886 STATE OF INCORPORATION: MN FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25121 FILM NUMBER: 25720490 BUSINESS ADDRESS: STREET 1: 1001 THIRD AVENUE SOUTH CITY: MINNEAPOLIS STATE: MN ZIP: 55404 BUSINESS PHONE: 7635517000 MAIL ADDRESS: STREET 1: 1001 THIRD AVENUE SOUTH CITY: MINNEAPOLIS STATE: MN ZIP: 55404 FORMER COMPANY: FORMER CONFORMED NAME: SELECT COMFORT CORP DATE OF NAME CHANGE: 19980821 10-K 1 snbr-20241228.htm 10-K snbr-20241228 0000827187 2024 FY false one one P5Y P3Y 0.0 iso4217:USD xbrli:shares iso4217:USD xbrli:shares snbr:reporting_unit xbrli:pure snbr:segment snbr:lease_commitment 0000827187 2023-12-31 2024-12-28 0000827187 2024-06-29 0000827187 2025-01-25 0000827187 2024-12-28 0000827187 2023-12-30 0000827187 2023-01-01 2023-12-30 0000827187 2022-01-02 2022-12-31 0000827187 us-gaap:CommonStockMember 2022-01-01 0000827187 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 0000827187 us-gaap:RetainedEarningsMember 2022-01-01 0000827187 2022-01-01 0000827187 us-gaap:RetainedEarningsMember 2022-01-02 2022-12-31 0000827187 us-gaap:CommonStockMember 2022-01-02 2022-12-31 0000827187 us-gaap:AdditionalPaidInCapitalMember 2022-01-02 2022-12-31 0000827187 us-gaap:CommonStockMember 2022-12-31 0000827187 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000827187 us-gaap:RetainedEarningsMember 2022-12-31 0000827187 2022-12-31 0000827187 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-30 0000827187 us-gaap:CommonStockMember 2023-01-01 2023-12-30 0000827187 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-30 0000827187 us-gaap:CommonStockMember 2023-12-30 0000827187 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0000827187 us-gaap:RetainedEarningsMember 2023-12-30 0000827187 us-gaap:RetainedEarningsMember 2023-12-31 2024-12-28 0000827187 us-gaap:CommonStockMember 2023-12-31 2024-12-28 0000827187 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 2024-12-28 0000827187 us-gaap:CommonStockMember 2024-12-28 0000827187 us-gaap:AdditionalPaidInCapitalMember 2024-12-28 0000827187 us-gaap:RetainedEarningsMember 2024-12-28 0000827187 snbr:AccountsPayableCurrentMember 2024-12-28 0000827187 snbr:AccountsPayableCurrentMember 2023-12-30 0000827187 srt:MinimumMember us-gaap:LeaseholdImprovementsMember 2024-12-28 0000827187 srt:MaximumMember us-gaap:LeaseholdImprovementsMember 2024-12-28 0000827187 srt:MinimumMember us-gaap:FurnitureAndFixturesMember 2024-12-28 0000827187 srt:MaximumMember us-gaap:FurnitureAndFixturesMember 2024-12-28 0000827187 srt:MinimumMember us-gaap:MachineryAndEquipmentMember 2024-12-28 0000827187 srt:MaximumMember us-gaap:MachineryAndEquipmentMember 2024-12-28 0000827187 srt:MinimumMember snbr:ComputerEquipmentAndSoftwareMember 2024-12-28 0000827187 srt:MaximumMember snbr:ComputerEquipmentAndSoftwareMember 2024-12-28 0000827187 srt:MinimumMember 2024-12-28 0000827187 srt:MaximumMember 2024-12-28 0000827187 snbr:SleepIQTechnologyMember srt:MinimumMember 2023-12-31 2024-12-28 0000827187 snbr:SleepIQTechnologyMember srt:MaximumMember 2023-12-31 2024-12-28 0000827187 us-gaap:EmployeeStockOptionMember 2023-12-31 2024-12-28 0000827187 snbr:TimeBasedStockAwardsMember 2023-12-31 2024-12-28 0000827187 snbr:PerformanceBasedStockAwardMember srt:MinimumMember 2022-01-02 2022-12-31 0000827187 snbr:PerformanceBasedStockAwardMember srt:MinimumMember 2023-01-01 2023-12-30 0000827187 snbr:PerformanceBasedStockAwardMember srt:MinimumMember 2023-12-31 2024-12-28 0000827187 snbr:PerformanceBasedStoc