Sleep Number Corporation (SNBR) Misses Q4 EPS by $1.12
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Sleep Number Announces Fourth-Quarter and Full-Year 2021 Results
February 23, 2022 4:01 PM ESTFourth-quarter demand increased high-single digits over prior-year demand (adjusted for extra fiscal week last year); a late receipt of semiconductor components from a large global supplier delayed more than $125 million of delivered net sales Full-year net sales grew to a record $2.18 billion with full-year diluted earnings per share (EPS) of $6.16 Generated record operating cash flows of $300 million for the year and full-year ROIC of 27.6% Provides 2022 outlook for a 10-15% increase in diluted EPS versus 2021, including constrained first quarter
MINNEAPOLIS--(BUSINESS WIRE)-- Sleep Number... More
