Here's What Key Metrics Tell Us About Sleep Number (SNBR) Q2 Earnings

Financial Performance - Sleep Number reported revenue of $327.93 million for the quarter ended June 2025, reflecting a year-over-year decline of 19.7% [1] - The EPS for the same period was -$1.09, compared to -$0.22 a year ago, indicating a significant deterioration in profitability [1] - The reported revenue was an 8.97% miss compared to the Zacks Consensus Estimate of $360.25 million [1] - The EPS surprise was -808.33% against the consensus estimate of -$0.12 [1] Market Performance - Sleep Number's shares have returned +15.9% over the past month, outperforming the Zacks S&P 500 composite's +3.4% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3] Store Metrics - The number of stores at the end of the period was 630, compared to an average estimate of 638 by two analysts [4] - Total company sales change rate was -20%, significantly worse than the -8.7% estimated by two analysts [4] - The number of stores at the beginning of the period remained unchanged at 637, matching the average estimate [4]