Founded in 1987, Sleep Number Corp is a company that designs, manufactures, markets, and sells bedding products including beds, pillows and sheets, under the Sleep Number brand. The company's products are sold directly to consumers and through wholesale, both online and by telephone, as well as in traditional retail. With headquarters in Minneapolis, Minnesota, the company operates solely within the US.
Sleep Number Corp is available for trading on the NASDAQ GS stock exchange, using the ticker SNBR. In the 52 weeks leading up to December 14, 2020, the SNBR share price hit a low of $15.27 in March 2020 and rose to a high of $89.13 in December 2020. As of December 2020, the stock yielded a one year return of 70.40%.
In addition to the bedding products sold under the Sleep Number brand, the company also offers smart beds under the Sleep 360 brand, adjustable bases under the FlexFit name, temperature-balancing products such as the DualTemp layer, and children’s beds under the brand SleepIQ Kids. On December 1, 2020, the company announced that it had reached a partnership with the Make-A-Wish foundation to provide SleepIQ Kids beds to children battling critical illnesses.
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