The decrease in pay for the company's top executive reflects a challenging year for Sleep Number. Sleep Number Corp. CEO Shelly Ibach was compensated $6.7 million in 2022, a drop of 30% from the year ...

Sleep Number's sales are down right now, following normal patterns of cyclicality in the industry. But the mattress maker remains profitable and continues to innovate and improve its products. The ...

Sleep Number Corp. said Friday that Executive Vice President and Chief Financial Officer David Callen is stepping down from his position to pursue other opportunities, effective Monday. The bed and ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Shares were off nearly 25% after ...

Sleep Number’s stock lost 41.9% of its value Thursday and closed at a 52-week low after the Minneapolis-based company missed revenue expectations and decided to forgoguidance for the rest of the year ...

Minneapolis-based Sleep Number and its largest shareholder, Stadium Capital Management, have agreed that the investor will withdraw its nominees to the board of directors, heading off a potential ...

In a bid to cut down expenses, Minneapolis-based Sleep Number Corp. on Wednesday said it has trimmed about 10% of its total workforce. That amounts to about 500 laid off in total. In a Nov. 8 ...

A number of stocks fell in the morning session after a hotter-than-expected wholesale inflation report fueled concerns about slowing consumer spending. The market was rattled by a Labor Department ...

Minson will lead the company’s integrated marketing strategy, driving sustained demand generation, enhancing brand visibility and delivering media efficiency. She will focus on ensuring message ...