NASDAQ$SNBR
Sleep Number Corporation · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported record third quarter results driven by strong demand and market share gains.
Sleep Number announced record third quarter 2021 results with net sales growing 21% to $640 million and diluted EPS growing 24% to $2.22.
- Third-quarter net sales grew 21% to a record $640 million (+35% versus 2019); generated double-digit demand growth for fourth consecutive third quarter
- Third-quarter operating income increased 4% to a record $73 million (+86% versus 2019), while absorbing significant input cost increases; year-to-date operating income increased 62% versus prior year
- Third-quarter diluted EPS grew 24% to $2.22; year-to-date EPS of $5.63 increased 106% versus last year (+199% versus 2019)
- Generated $293 million in year-to-date operating cash flows and a trailing twelve-month (ttm) ROIC greater than 34%
Headline financials
Revenue & EPS history
Sleep Number · Revenue · Quarterly
$640M
Revenue by segment
Sleep Number · $530M total across 2 segments · Q3 2020
- Retail Stores$457M—86.3%
- Online, Phone, Chat and Other$72.8M—13.7%
Forward guidance
The company is targeting 2021 earnings per diluted share of $7.25.
Headwinds
- The timing of receiving electronic components could elongate some of our customer deliveries into the first quarter of 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2021
+0.1%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-5.0%
Avg return
30 days after
49%
31 / 63 earnings
Positive
+38.8%
Q1 2020
Best reaction
-41.9%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -22.4% | -37.1% | -73.1% | |
| Q4 2025 | -5.5% | -18.3% | -61.6% | |
| Q3 2025 | -1.3% | -0.4% | -7.6% | |
| Q1 2025 | +6.7% | +18.6% | +40.2% | |
| Q4 2024 | -41.9% | -45.6% | -59.4% | |
| Q3 2024 | +2.6% | -1.9% | +12.4% | |
| Q2 2024 | +24.1% | +6.6% | +33.4% | |
| Q1 2024 | -2.5% | -6.6% | -7.6% | |
| Q4 2023 | +28.3% | +45.4% | +17.9% | |
| Q3 2023 | -30.1% | -39.4% | -10.1% | |
| Q2 2023 | -29.8% | -29.6% | -42.5% | |
| Q1 2023 | -10.1% | -10.9% | -25.6% | |
| Q4 2022 | +22.4% | -12.2% | -14.0% | |
| Q3 2022 | -21.4% | -22.8% | -16.4% | |
| Q2 2022 | +21.1% | +31.8% | +17.2% | |
| Q1 2022 | -13.0% | -14.5% | -16.8% | |
| Q4 2021 | +1.4% | +5.0% | -8.2% | |
| Q3 2021 | +0.6% | -0.4% | -11.3% | |
| Q2 2021 | -8.2% | -12.1% | -13.7% | |
| Q1 2021 | -8.2% | -4.7% | -16.0% | |
| Q3 2020 | +8.6% | +7.0% | +13.0% | |
| Q2 2020 | -5.9% | -9.8% | -11.5% | |
| Q1 2020 | +38.8% | +50.3% | +51.2% | |
| Q4 2019 | +6.2% | -5.4% | -57.8% | |
| Q3 2019 | +1.3% | +5.5% | +5.4% | |
| Q2 2019 | +18.5% | +21.0% | +1.3% | |
| Q1 2019 | -19.8% | -25.2% | -30.9% | |
| Q4 2018 | +15.8% | +21.3% | +32.9% | |
| Q3 2018 | +11.1% | +10.2% | +12.5% | |
| Q2 2018 | -6.3% | -10.9% | +4.0% | |
| Q1 2018 | -15.0% | -20.0% | -20.4% | |
| Q4 2017 | -6.2% | -4.5% | -3.3% | |
| Q3 2017 | +5.0% | +11.3% | +9.2% | |
| Q2 2017 | +4.8% | +4.5% | +4.8% | |
| Q1 2017 | +32.6% | +25.0% | +15.8% | |
| Q4 2016 | +8.2% | +11.7% | +22.1% | |
| Q3 2016 | -10.1% | -8.4% | +7.5% | |
| Q2 2016 | -3.1% | +0.1% | +18.8% | |
| Q1 2016 | +18.4% | — | — | |
| Q4 2015 | -23.3% | — | — | |
| Q3 2015 | +15.8% | — | — | |
| Q2 2015 | -9.8% | — | — | |
| Q1 2015 | -0.5% | — | — | |
| Q4 2014 | +2.0% | — | — | |
| Q3 2014 | +15.0% | — | — | |
| Q2 2014 | +7.1% | — | — | |
| Q1 2014 | +9.6% | — | — | |
| Q4 2013 | +4.2% | — | — | |
| Q3 2013 | -23.1% | — | — | |
| Q2 2013 | -11.0% | — | — | |
| Q1 2013 | -0.2% | — | — | |
| Q4 2012 | -14.9% | — | — | |
| Q3 2012 | -5.3% | — | — | |
| Q2 2012 | +30.7% | — | — | |
| Q1 2012 | -3.1% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q4 2011 | +1.8% | — | — | |
| Q3 2011 | -0.4% | — | — | |
| Q2 2011 | -9.8% | — | — | |
| Q1 2011 | -9.8% | — | — | |
| Q3 2010 | +5.1% | — | — | |
| Q2 2010 | -3.5% | — | — | |
| Q1 2010 | +10.6% | — | — |
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