Sleep Number: Fourth Quarter Financial Overview

Sleep Number Reports Fourth Quarter Financial Results

Sleep Number Corp., headquartered in Minneapolis, announced on Thursday that it recorded a net loss of $58.5 million for the fourth quarter.

During this period, the company reported a loss of $2.55 per share. When excluding one-time expenses and restructuring charges, the adjusted loss stood at $1.95 per share.

The company, which specializes in beds, mattresses, and bedding accessories, generated $347.4 million in revenue for the quarter.

This article was produced by Automated Insights using financial data provided by Zacks Investment Research.