Added to YB: 2025-12-04
Pitch date: 2025-12-01
SNBR [neutral]
Sleep Number Corporation
+42.01%
current return
Author Info
Company Info
Sleep Number Corporation, together with its subsidiaries, designs, manufactures, markets, distributes, retails, and services sleep solutions in the United States.
Market Cap
$131.0M
Pitch Price
$5.76
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.93
P/E
-1.68
EV/Sales
0.74
Sector
Specialty Retail
Category
turnaround
Happy Thanksgiving: Factor Rotation SitRep and a Five Way Rate Cut Beneficiary - Sleep Number Corporation
SNBR: Rate cuts to drive 5-channel recovery in mattresses: 1) +15% revenue from housing market thaw (30% sales tied to moves) 2) Gross margins 35%→40% from fixed cost leverage 3) Lower financing fees expand margins further 4) Floating debt benefits from lower rates 5) Restocking cycle boosts volumes. Author prefers PRPL over SNBR mgmt but sees macro tailwinds benefiting both. Target exit ~2027 as cyclicals aren't buy-and-hold.
Read full article (3 min)