Sleep Number: Q2 Earnings Snapshot

Associated Press Finance
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MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Sleep Number Corp. (SNBR) on Thursday reported second-quarter earnings of $754,000.

The Minneapolis-based company said it had net income of 3 cents per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The seller of beds, mattresses and bedding products posted revenue of $458.8 million in the period, missing Street forecasts. Four analysts surveyed by Zacks expected $470.5 million.

Sleep Number expects full-year earnings to be $1.25 to $1.75 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNBR at https://www.zacks.com/ap/SNBR

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