Sleep Number (NASDAQ: SNBR) shares plunged 34.19% to $5.37 in pre-market trading on July 30, 2025, following disappointing Q2 results.
The company reported revenue of $327.93 million—down 19.7% year-over-year and below analyst estimates of $357.42 million. Earnings posted a loss of $1.09 per share, significantly worse than the $0.22 per share loss a year ago and exceeding the expected $0.11 loss per share. The sharp decline is attributed to these underwhelming financial results.
