SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (Nasdaq: OUST) ("Ouster†or the "Company†), a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life, announced today the appointment of Phillip M. Eyler to its Board of Directors. Mr. Eyler will also serve on the Compensation Committee of the Board. Mr. Eyler brings more than 30 years of engineering, operations, and business expertise to the Ouster Board, including a wealth of experience developing and ...

Core Insights - Sleep Number has been undergoing cost-cutting measures and repositioning for over a year, incurring $47.5 million in restructuring costs in the nine months ending September 27, with an expectation of an additional $3 million in costs for the remainder of the year [3][4] - The company reported a net loss of $78.1 million for the trailing 12 months, nearly doubling from $40.8 million in the previous year [4] - CEO Linda Findley expressed optimism about the company's turnaround plan, despite facing unexpected challenges, and noted that over $135 million in costs have been reduced since her tenure began [5] Financial Leadership Changes - Amy O'Keefe has been appointed as the new CFO, effective December 8, replacing interim CFO Bob Ryder, who will leave the company on December 12 [6] - O'Keefe brings over 30 years of experience in financial leadership, having held positions at The Black & Decker Corp, Avaya, and WW [6] - The company reaffirmed its full-year 2025 financial guidance, indicating that its turnaround plan is on track with significant cost reductions implemented since April [6]

Core Insights - The company is optimistic about turning around its top line by 2026 through new product initiatives and improved marketing strategies [1][4][12] - A comprehensive turnaround plan is in place, focusing on cost reductions, financial flexibility, and commercial strategies to stabilize sales and drive growth [3][11][18] Financial Performance - Q3 net sales were $343 million, down 19.6% year-over-year, attributed to reduced marketing spend and competitive pressures [12][13] - Adjusted EBITDA for Q3 was $13.3 million, down $14.4 million from the previous year, driven by lower sales and gross profit margin compression [14] - The company expects full-year net sales to be approximately $1.4 billion, with a gross profit margin of around 60% [16] Cost Management - The company has reduced operating expenses by $115 million since the beginning of the year, exceeding its $130 million cost-out target [10] - Fixed cost reductions will continue into 2026, with a focus on consolidating real estate and optimizing the store footprint [18][36] Marketing and Sales Strategy - A new marketing strategy is being deployed to drive traffic to stores and digital channels, with a focus on efficiency and higher returns [5][30] - The company plans to increase marketing spend slightly in 2026 compared to 2025, while still reducing overall operating expenses [6][50] Product Development - The company is working on a product lineup refresh aimed at appealing to a broader consumer base, emphasizing comfort, durability, and value [12][40] - New product offerings are expected to launch in early 2026, focusing on price point moderation while maintaining premium quality [39][51] Distribution Strategy - The company is exploring new distribution channels, including partnerships and digital expansions, to enhance market reach [5][27] - A test show on HSN is planned as part of the strategy to expand distribution while retaining the strength of its vertical model [6][26]

Core Insights - SheerID collaborates with over 140 brands to provide exclusive offers for military personnel, veterans, and reservists during Veterans Day, emphasizing appreciation for their sacrifices [1][2] - The company utilizes its Audience Network to verify military eligibility, ensuring that only verified members access these special discounts, which enhances brand confidence and provides a seamless experience for users [2][8] Offers Overview - A wide range of discounts are available across various categories, including apparel, health and beauty, lifestyle, outdoor gear, technology, and travel, with discounts ranging from 5% to 40% [3][4][5][6][7] - Notable brands participating in the offers include Nike, The North Face, Bass Pro Shops, and many others, providing significant savings for military families [1][3][4] Company Background - SheerID is recognized for its ability to engage high-value audiences and is trusted by major brands like Amazon and Spotify to enhance customer experiences and limit offer abuse [8][9] - Founded in 2011, SheerID is ISO and SOC 2 Type 2 Certified, ensuring data security and integrity, and is backed by several venture capital firms [9]

分组1 - Bassett Furniture reported quarterly earnings of $0.09 per share, matching the Zacks Consensus Estimate, compared to a loss of $0.52 per share a year ago [1] - The company posted revenues of $80.1 million for the quarter ended August 2025, exceeding the Zacks Consensus Estimate by 0.26% and up from $75.62 million year-over-year [2] - Bassett shares have increased approximately 15% since the beginning of the year, outperforming the S&P 500's gain of 14.2% [3] 分组2 - The current consensus EPS estimate for the upcoming quarter is $0.31 on revenues of $87.27 million, and for the current fiscal year, it is $0.83 on revenues of $333.67 million [7] - The Zacks Industry Rank indicates that the Furniture industry is currently in the bottom 26% of over 250 Zacks industries, suggesting potential challenges ahead [8]

Core Viewpoint - Sun Country Airlines has appointed Wendy Schoppert to its Board of Directors, effective October 1, 2025, bringing extensive experience in various industries [1][4]. Group 1: Board Appointment - Wendy Schoppert will join the Board of Directors of Sun Country Airlines, effective October 1, 2025 [1]. - Schoppert has served as a corporate board director for public and private companies in retail, consumer products, financial services, and health care [2]. - Her previous board roles include positions at The Hershey Company, Bremer Financial Group, and Big Lots, Inc. [2]. Group 2: Executive Experience - Schoppert has nine years of experience at Sleep Number Corporation, where she held senior leadership roles including EVP/Chief Financial Officer and SVP/Chief Information Officer [3]. - She has also held senior roles at U.S. Bank and began her career in the airline industry with American Airlines, Northwest Airlines, and America West Airlines [3]. Group 3: Board Chair and CEO Comments - Jennifer Vogel, Sun Country Board Chair, highlighted Schoppert's financial and governance expertise as exceptional and valuable for the company's future [4]. - Jude Bricker, President and CEO of Sun Country Airlines, emphasized Schoppert's unique position to contribute to the company's success due to her background and early career in the airline industry [4]. Group 4: Company Overview - Sun Country Airlines is a hybrid low-cost air carrier focused on connecting guests to leisure and visiting friends and relatives (VFR) passengers, as well as charter customers [6]. - The company provides cargo service to Amazon and operates flights throughout the United States and to destinations in Mexico, Central America, Canada, and the Caribbean [6].

Product Focus - Sleep Number ClimateCool Mattress aims to address night sweats [1] Marketing & Industry - The review highlights a specific product within the mattress industry [1]

Market Cap Comparison - Useless Coin's market cap (153 million) has surpassed Sleep Number Corp's (152 million) [1] Business Model Contrast - Sleep Number Corp generated 1.68 billion in revenue from smart bed sales [1] - Useless Coin offers "nothing at all" [1] Market Sentiment - The market seemingly favors Useless Coin despite its lack of tangible product or service [1]

Company Performance - Legget & Platt reported quarterly earnings of $0.24 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and showing an increase from $0.23 per share a year ago, representing an earnings surprise of 4.35% [1] - The company posted revenues of $1.02 billion for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 0.53% and decreased from $1.1 billion year-over-year [2] - Over the last four quarters, Legget & Platt has surpassed consensus EPS estimates only once and has topped consensus revenue estimates just once [2] Stock Performance - Legget & Platt shares have declined approximately 24.1% since the beginning of the year, compared to a decline of 6.1% for the S&P 500 [3] - The current Zacks Rank for Legget & Platt is 4 (Sell), indicating expectations for the stock to underperform the market in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.30 on revenues of $1.07 billion, and for the current fiscal year, it is $1.09 on revenues of $4.2 billion [7] - The outlook for the furniture industry, where Legget & Platt operates, is currently in the bottom 5% of over 250 Zacks industries, which may negatively impact stock performance [8] Industry Context - Sleep Number, a competitor in the same industry, is expected to report a quarterly loss of $0.11 per share, reflecting a significant year-over-year decline of 466.7%, with revenues anticipated to be $391.57 million, down 16.8% from the previous year [9][10]

Company Overview - Sleep Number (SNBR) shares increased by 14.7% to close at $5.40, following a notable trading volume and a 32.8% loss over the past four weeks [1] - The company is expected to report a quarterly loss of $0.11 per share, reflecting a year-over-year change of -466.7%, with revenues projected at $391.57 million, down 16.8% from the previous year [2] - The consensus EPS estimate for Sleep Number has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] Industry Context - Sleep Number operates within the Zacks Furniture industry, which includes other companies like Hooker Furniture (HOFT) [3] - Hooker Furniture's consensus EPS estimate has increased by 23.8% over the past month to $0.10, representing a 66.7% change from the previous year [4] - Both Sleep Number and Hooker Furniture currently hold a Zacks Rank of 3 (Hold), indicating a neutral outlook for these stocks [3][4]