Sleep Number Corp. (SNBR)
NASDAQConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
$0.130.00%
Close 2026-07-23 · 1-day change
NASDAQConsumer DiscretionaryFurnishings, Fixtures & AppliancesSnapshot 2026-09-04
QuarterlyIQ Insights · SNBR
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
A comparable price-assumption read is not available for this company.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
No outside relationship met the current evidence threshold.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Elevated risk of a next-quarter earnings miss: this name is on a run of consecutive earnings misses and has been missing across recent quarters. A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 16 industry peers · Company calendar date is not available
SNBR — legal / regulatory event — NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDAR…
Dated 2026-06-17
NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING. As previously disclosed, on June 12, 2026, Sleep Number Corporation (the “Company”) and its subsidiaries filed voluntary petitions for relief under chapter 11 of title 11 of the United States Code in the United States Bankruptcy Court for the Southern District of New York (the “Chapter 11 Cases”). On June 16, 2026, the Company received a written notice from the Listing Qualifications Staff of…
Why it matters: The merger could help Sleep Number's finances and boost its market position.
Supportive ifCourt approval of the merger agreement with Sleep Country Canada.
Worry ifCourt denies the merger or the process fails to attract higher bids.
Why it matters: Stable or better revenue is important for the company's long-term health.
Supportive ifRevenue growth turns positive in Q3 2026 compared to Q2 2026.
Worry ifRevenue continues to decline in Q3 2026.
Why it matters: Good customer feedback on new products may mean better sales and brand image.
Supportive ifCustomer reviews and the Net Promoter Score for the new ComfortMode bed show big gains.
Worry ifCustomer feedback is still negative or shows no change for the new product line.
Why it matters: The bankruptcy outcome will impact Sleep Number's ability to change and keep running. Investors need to know if the company can improve or face closing down.
Worry ifThe court approves a plan that lets Sleep Number keep operating.
Less concerning ifThe court rejects the plan, leading to liquidation.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$484 on $10,000 · ±4.8% | How much price usually moves either way. |
| Bad day | $1,505 loss on $10,000 · 15.0% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $9,899 loss on $10,000 · 99.0% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: A bigger drop would show ongoing problems with demand and the turnaround plan.
Worry ifQ2 2026 net sales down worse than -15% year over year.
Less concerning ifQ2 2026 net sales decline less than -15% year over year.
Why it matters: Better operating income is key to fixing the current drop in profits.
Supportive ifOperating income turns positive in Q3 2026. This shows a recovery.
Worry ifOperating income is still negative in Q3 2026.
Why it matters: Improving cash flow is essential for the company's financial health. Current trends are concerning.
Supportive ifCash from operations will be positive in Q3 2026.
Worry ifCash from operations will stay negative in Q3 2026.
Why it matters: Getting these savings is key for making more money and improving cash flow.
Supportive ifManagement reports achieving at least $25 million in fixed cost savings by Q3 2026.
Worry ifManagement says less than $25 million in fixed cost savings will be done by Q3 2026.
Why it matters: The sale process outcome will affect the company's future and its finances.
Watch forThe sale to Sleep Country Canada is done, which helps with financial stability.
Also watch forNot completing the sale or bad court rulings could hurt the process.
Why it matters: News on bankruptcy helps us see the company's future and how it works.
Watch forA court ruling allows the company to keep running without big limits.
Also watch forA court ruling puts strict limits on operations or assets.
Why it matters: The result will show if Sleep Number can restructure and keep running.
Watch forThey came out of Chapter 11. They have a good business plan.
Also watch forNot coming out of bankruptcy or selling off assets.
Why it matters: Good customer feedback may show a successful turnaround. This could boost sales.
Supportive ifManagement shares strong customer reviews. The Net Promoter Score for new products is better.
Worry ifCustomer feedback is bad. This shows new products are not well received.