NASDAQ:SNBR - Nasdaq - US83125X1037 - Common Stock - Currency: USD
Hooker Furniture (HOFT) delivered earnings and revenue surprises of -93.75% and 3.22%, respectively, for the quarter ended January 2025. Do the numbers hold clues to what lies ahead for the stock?
Mentions: HOFT
A number of stocks fell in the afternoon session after Federal Reserve Chair Jerome Powell signaled a cautious stance on future monetary policy decisions during a speech in Chicago, emphasizing that trade tariffs could add upward pressure to inflation in the short term and complicate the Fed's efforts to stabilize the economy. He warned that such trade measures are "likely to move us further away from our goals," referring to the Fed's dual mandate of price stability and maximum employment.
What a brutal six months it’s been for Sleep Number. The stock has dropped 69.3% and now trades at $4.71, rattling many shareholders. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Mentions: CRWD
/PRNewswire/ -- Gem Specialty Health, Inc. (GEM HEALTH), the nationwide virtual specialty care company transforming sleep care, announced today that it has...
Shares of bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR) fell 39.5% in the afternoon session after the company reported disappointing fourth-quarter results, with EBITDA missing significantly and revenue falling short of Wall Street's estimates. Sales declined 12% year on year, due to a reduced store footprint and softer consumer demand. Earnings per share, however, came in above expectations, aided by cost reductions. Yet, Sleep Number withheld financial guidance for 2025, signali
SNBR earnings call for the period ending December 31, 2024.
Sleep Number reported a mixed earnings release with better-than-expected earnings but lower revenue, indicating successful cost management.
Bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 12.3% year on year to $376.8 million. Its GAAP loss of $0.21 per share was 10.6% above analysts’ consensus estimates.
Bedding manufacturer and retailer Sleep Number (NASDAQ:SNBR) will be reporting results tomorrow after the bell. Here’s what to look for.
Let’s dig into the relative performance of Sleep Number (NASDAQ:SNBR) and its peers as we unravel the now-completed Q3 home furniture retailer earnings season.