SNBR Q1 2024 Earnings — Sleep Number Corporation Revenue & Financial Results | Market Cap Arena

SNBRSleep Number Corporation

$120M

Q1 2024 Earnings

Consumer Cyclical Furnishings, Fixtures & Appliances

Income Statement

Revenue

$470M-10.7% YoY

Gross Profit

$276M58.7% margin

Operating Income

$6M1.2% margin

Net Income

-$7M-1.6% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$24M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$908M

Total Liabilities

$1.4B

Stockholders' Equity

-$446M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$470M	$527M	-10.7%
Gross Profit	$276M	$310M	-11.0%
Operating Income	$6M	$26M	-78.6%
Net Income	-$7M	$11M	-165.3%