Sleep Number Corp. Files 10-Q for Q1 2025
Ticker: SNBR · Form: 10-Q · Filed: 2025-05-06T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, earnings
TL;DR
Sleep Number's Q1 2025 10-Q is in, showing key financial figures for stock and retained earnings.
AI Summary
Sleep Number Corp. filed its 10-Q for the period ending March 29, 2025, reporting on its financial performance. The company, formerly known as Select Comfort Corp, is based in Minneapolis, MN, and operates in the household furniture sector. Key financial data points such as common stock, additional paid-in capital, and retained earnings are detailed for various fiscal periods.
Why It Matters
This filing provides investors and analysts with the latest financial snapshot of Sleep Number Corp., crucial for understanding the company's current financial health and performance trends.
Risk Assessment
Risk Level: low — This is a routine financial filing (10-Q) that provides standard financial disclosures and does not inherently indicate new or elevated risks.
Key Numbers
- 2025-03-29 — Fiscal Period End Date (Indicates the end of the reporting quarter.)
- 2025-05-06 — Filing Date (The date the 10-Q was officially submitted to the SEC.)
- 0103 — Fiscal Year End (Specifies the end month and day of the company's fiscal year.)
Key Players & Entities
- Sleep Number Corp. (company) — Filer of the 10-Q
- Select Comfort Corp (company) — Former name of Sleep Number Corp.
- Minneapolis, MN (location) — Company headquarters
- March 29, 2025 (date) — End of the reporting period
- May 6, 2025 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended March 29, 2025.
What was Sleep Number Corp. formerly known as?
Sleep Number Corp. was formerly known as Select Comfort Corp.
Where is Sleep Number Corp. headquartered?
Sleep Number Corp. is headquartered in Minneapolis, MN.
On what date was this 10-Q filed?
This 10-Q was filed on May 6, 2025.
What is the Standard Industrial Classification (SIC) code for Sleep Number Corp.?
The SIC code for Sleep Number Corp. is 2510, which falls under HOUSEHOLD FURNITURE.
From the Filing
0000827187-25-000058.txt : 20250506 0000827187-25-000058.hdr.sgml : 20250506 20250506161329 ACCESSION NUMBER: 0000827187-25-000058 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 81 CONFORMED PERIOD OF REPORT: 20250329 FILED AS OF DATE: 20250506 DATE AS OF CHANGE: 20250506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sleep Number Corp CENTRAL INDEX KEY: 0000827187 STANDARD INDUSTRIAL CLASSIFICATION: HOUSEHOLD FURNITURE [2510] ORGANIZATION NAME: 04 Manufacturing EIN: 411597886 STATE OF INCORPORATION: MN FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 000-25121 FILM NUMBER: 25917416 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-Q 1 snbr-20250329.htm 10-Q snbr-20250329 0000827187 01/03 2025 Q1 FALSE P5Y P3Y xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure snbr:segment 0000827187 2024-12-29 2025-03-29 0000827187 2025-03-29 0000827187 2024-12-28 0000827187 2023-12-31 2024-03-30 0000827187 us-gaap:CommonStockMember 2024-12-28 0000827187 us-gaap:AdditionalPaidInCapitalMember 2024-12-28 0000827187 us-gaap:RetainedEarningsMember 2024-12-28 0000827187 us-gaap:RetainedEarningsMember 2024-12-29 2025-03-29 0000827187 us-gaap:CommonStockMember 2024-12-29 2025-03-29 0000827187 us-gaap:AdditionalPaidInCapitalMember 2024-12-29 2025-03-29 0000827187 us-gaap:CommonStockMember 2025-03-29 0000827187 us-gaap:AdditionalPaidInCapitalMember 2025-03-29 0000827187 us-gaap:RetainedEarningsMember 2025-03-29 0000827187 us-gaap:CommonStockMember 2023-12-30 0000827187 us-gaap:AdditionalPaidInCapitalMember 2023-12-30 0000827187 us-gaap:RetainedEarningsMember 2023-12-30 0000827187 2023-12-30 0000827187 us-gaap:RetainedEarningsMember 2023-12-31 2024-03-30 0000827187 us-gaap:CommonStockMember 2023-12-31 2024-03-30 0000827187 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 2024-03-30 0000827187 us-gaap:CommonStockMember 2024-03-30 0000827187 us-gaap:AdditionalPaidInCapitalMember 2024-03-30 0000827187 us-gaap:RetainedEarningsMember 2024-03-30 0000827187 2024-03-30 0000827187 us-gaap:FairValueInputsLevel1Member us-gaap:OtherNoncurrentAssetsMember us-gaap:FairValueMeasurementsRecurringMember 2024-12-28 0000827187 us-gaap:FairValueInputsLevel1Member us-gaap:OtherNoncurrentAssetsMember us-gaap:FairValueMeasurementsRecurringMember 2025-03-29 0000827187 us-gaap:FairValueInputsLevel1Member us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:FairValueMeasurementsRecurringMember 2024-12-28 0000827187 us-gaap:FairValueInputsLevel1Member us-gaap:OtherNoncurrentLiabilitiesMember us-gaap:FairValueMeasurementsRecurringMember 2025-03-29 0000827187 us-gaap:TradeNamesMember 2024-12-28 0000827187 us-gaap:TradeNamesMember 2025-03-29 0000827187 us-gaap:PatentsMember 2024-12-28 0000827187 us-gaap:PatentsMember 2025-03-29 0000827187 us-gaap:PatentsMember 2023-12-31 2024-03-30 0000827187 us-gaap:PatentsMember 2024-12-29 2025-03-29 0000827187 us-gaap:LineOfCreditMember 2025-03-29 0000827187 us-gaap:LineOfCreditMember 2025-03-03 0000827187 snbr:DebtCovenantPeriodOneMember us-gaap:LineOfCreditMember 2025-03-03 0000827187 snbr:DebtCovenantPeriodTwoMember us-gaap:LineOfCreditMember 2025-03-03 0000827187 snbr:DebtCovenantPeriodThreeMember us-gaap:LineOfCreditMember 2025-03-03 0000827187 snbr:DebtCovenantPeriodFourMember us-gaap:LineOfCreditMember 2025-03-03 0000827187 us-gaap:LineOfCreditMember 2025-03-03 2025-03-03 0000827187 srt:MinimumMember snbr:RetailStoreLeasesMember 2025-03-29 0000827187 srt:MaximumMember snbr:RetailStoreLeasesMember 2025-03-29 0000827187 srt:MaximumMember snbr:OfficeAndManufacturingLeasesMember 2025-03-29 0000827187 srt:MinimumMember snbr:LeaseVehiclesAndCertainEquipmentUnderOperatingLeasesMember 2025-03-29 0000827187 srt:MaximumMember snbr:LeaseVehiclesAndCertainEq