Sleep Number Q4 2020 Earnings Report
Key Takeaways
Sleep Number Corporation reported a strong fourth quarter with net sales increasing by 29% to $568 million and earnings per diluted share increasing by 167% to $2.19. The company's full-year net sales increased 9% to $1.86 billion, and diluted EPS increased 81% to $4.90.
Fourth-quarter net sales growth accelerated to 29% versus last year.
Full-year net sales increased 9% to $1.86 billion.
Full-year diluted EPS increased 81% versus the prior year to $4.90.
Generated a 48% increase in operating cash flows, and a trailing twelve-month ROIC of 25%.
Sleep Number
Sleep Number
Sleep Number Revenue by Segment
Forward Guidance
The company expects to generate full-year 2021 earnings per diluted share of at least $6.00, which is 30% higher than 2020 full-year results excluding the impact of the 53rd week.
Revenue & Expenses
Visualization of income flow from segment revenue to net income