SNBR Sleep Number Corp

company

SEC Filings & Insider Trading Activity 2026

Business Overview

• • Core business: Direct-to-consumer personalized sleep wellness with smart mattresses combining physical comfort and digital sleep health platform
• • New emphasis: 2025 "Sleep Number Shifts" turnaround strategy simplifies product lineup, modernizes marketing, optimizes store footprint, expands distribution channels
• • Strategic shift: Under new CEO Linda Findley from April 2025, accelerated cost reductions of $136M YoY, streamlined operations, improved financial flexibility through extended credit agreement
• • Quantitative metric: 600 stores nationwide with 88% of 2025 net sales; 3,100 team members; R&D spend reduced to $34M in 2025 from $45M in 2024
• • Noteworthy fact: Leveraging 38 billion hours of proprietary sleep data from over 16 million customers to drive AI-enabled product innovation and health research collaborations

Risk Factors

• • Regulatory risk: Credit Agreement financial covenants amended Nov 4, 2025, with increased leverage ratio limits up to 5.25x and liquidity minimum $30M-40M through 2026
• • Macroeconomic threat: 16% net sales decline in 2025 to $1.4B due to lower store traffic and industry demand pressure
• • Operational vulnerability: $51M restructuring costs in 2025, up $33M YoY, including severance, contract terminations, asset impairments, with $13M more expected in 2026
• • Competitive risk: 17% comparable store sales decrease in Total Retail amid ongoing industry pressure reflects market share erosion risks
• • Financial risk: Substantial doubt about going concern due to recurring net losses ($132M in 2025) and inability to meet Credit Agreement covenants without amendments

Management Discussion & Analysis

• • Revenue, profitability, segment performance, cash flow data not disclosed in provided text
• • Forward risks: elevated interest rates, credit availability, economic conditions affecting consumer spending
• • Key operational risks: supply chain disruptions, inflation, minimal inventory levels, cyber threats, labor challenges
• • Strategic risks: execution of turnaround plans, Total Retail strategy, product innovation, brand protection
• • No specific guidance or financial outlook figures included in the provided section

What are the latest SNBR SEC filings in 2026?

Sleep Number Corp (SNBR) has filed a 10-K annual report on March 12, 2026, a 10-Q quarterly report on May 12, 2026, an 8-K current report on August 3, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did SNBR file its most recent 10-K annual report?

Sleep Number Corp (SNBR) filed its most recent 10-K annual report on March 12, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view SNBR 10-Q quarterly reports?

Sleep Number Corp (SNBR)'s most recent 10-Q quarterly report was filed on May 12, 2026. SignalX displays every SNBR 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has SNBR filed recently?

Sleep Number Corp (SNBR)'s most recent 8-K was filed on August 3, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find SNBR insider trading activity (Form 4)?

SignalX aggregates every SNBR Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does SNBR file with the SEC?

Sleep Number Corp (SNBR) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new SNBR filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for Sleep Number Corp (SNBR).

What is SNBR's SEC CIK number?

Sleep Number Corp (SNBR)'s SEC CIK (Central Index Key) number is 827187. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 827187 to look up all SNBR filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find SNBR return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from Sleep Number Corp (SNBR) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.