Why Sleep Number Stock Looks Tired This Week

why sleep number stock looks tired this week

Sumary of Why Sleep Number Stock Looks Tired This Week:

  • But the good news was overshadowed by an earnings miss against analyst expectations, and word that supply chain issues remain.
  • While growth was strong, the company missed estimates due to supply chain issues that continue to affect the company.
  • Sleep Number President and CEO Shelly Ibach commented on the earnings conference call that “unprecedented demand growth combined with global supply chain disruption limited our Q2 deliveries.
  • Investors should sleep well knowing demand is strong, and supply chain issues should be temporary.

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