Sleep Number (SNBR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Sleep Number reported a revenue of $342.88 million for the quarter ended September 2025, reflecting a year-over-year decline of 19.6% [1] - The company's EPS for the same period was $0.07, compared to -$0.14 a year ago, indicating a recovery in earnings despite the revenue drop [1] - The reported revenue fell short of the Zacks Consensus Estimate of $365.85 million, resulting in a surprise of -6.28% [1] - The EPS also missed the consensus estimate of $0.15, with a surprise of -53.33% [1] Financial Performance Metrics - Sleep Number's stock has returned -13% over the past month, contrasting with the Zacks S&P 500 composite's +1% change, indicating underperformance [3] - The company currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance against the broader market in the near term [3] - The number of stores at the end of the period was 611, which is below the average estimate of 630 by two analysts [4] - Total company sales change rates were reported at -20%, compared to an estimated -13% by two analysts [4] - The number of stores at the beginning of the period was 630, matching the average estimate of 630 by two analysts [4]