Sleep Number Announces Record Third Quarter 2019 Results and Raises Earnings Outlook
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KeyBanc Reiterates Sector Weight Rating on Sleep Number (SNBR) Following 3Q
October 16, 2019 7:50 AM EDTKeyBanc analyst Bradley Thomas reiterated a Sector Weight rating on Sleep Number (NASDAQ: SNBR) following the company's 3Q earnings report. 3Q EPS was $0.94, significantly above the consensus of $0.79. Management believes 3Q comps were up at least MSD on a normalized basis. Additionally,... More
Sleep Number Corporation (SNBR) Tops Q3 EPS by 15c, Revenues Beat; Raises FY19 EPS Guidance Above Consensus
October 15, 2019 4:04 PM EDTSleep Number Corporation (NASDAQ: SNBR) reported Q3 EPS of $0.94, $0.15 better than the analyst estimate of $0.79. Revenue for the quarter came in at $475 million versus the consensus estimate of $462.06 million.
Third quarter net sales grew 14%, with a 10% comp gain and diluted EPS growth of 81%Year-to-date net sales increased 12%, operating income grew 46% and diluted EPS increased 63%Generated a 41% increase in year-to-date operating cash flows and a trailing twelve month ROIC of... More