Why Sleep Number Stock Pulled Back Today

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Why Sleep Number Stock Pulled Back Today

Motley Fool2021-04-22

What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised...

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Chnhwngchng
·2021-04-23
Yes
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- FT585:
  ?
  2021-04-23
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MFME
·2021-04-23
Still sleeping
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- Chnhwngchng:
  Zzz
  2021-04-23
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IIvann
·2021-04-23
??
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jo88
·2021-04-22
Comment and like pls!
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- MarshMellow:
  Comment!
  2021-04-23
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Jaslen
·2021-04-22
Comment and like please! Thanks!
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- jo88:
  nice
  2021-04-22
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kcwang4982
·2021-04-22
Kk
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- CocoPosh:
  [What]
  2021-04-22
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- Abundance Thankful:
  [Miser]
  2021-04-22
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It had record earnings and raised...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SNBR","symbol_name":"Sleep Number Corporation","start_time":0,"source_url":"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/","article_id":"2129148338","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2129148338","pubTimestamp":1619104920,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Record profits and raised guidance weren't enough to help the market overlook supply chain issues.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SNBR":"Sleep Number Corporation"},"translate_title":"睡眠号码股今日为何回调","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SNBR":0.9},"content_text":"What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. 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It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.</p><h2>So what</h2><p>In Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622460%2Fbroken-red-down-arrow.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Now what</h2><p>There was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.</p><p>Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sleep Number Stock Pulled Back Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sleep Number Stock Pulled Back Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNBR":"Sleep Number Corporation"},"source_url":"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129148338","content_text":"What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.So whatIn Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.Image source: Getty Images.Now whatThere was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. 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It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.</p><h2>So what</h2><p>In Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622460%2Fbroken-red-down-arrow.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Now what</h2><p>There was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.</p><p>Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sleep Number Stock Pulled Back Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sleep Number Stock Pulled Back Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNBR":"Sleep Number Corporation"},"source_url":"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129148338","content_text":"What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.So whatIn Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.Image source: Getty Images.Now whatThere was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4106500,"gmtCreate":1619128707017,"gmtModify":1680785170497,"authorId":3581658679340031,"author":{"id":3581658679340031,"idStr":"3581658679340031","authorId":3581658679340031,"name":"Chnhwngchng","avatar":"https://static.tigerbbs.com/10a2398083b80dae0b9c44962475d4f2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376201454,"type":1,"supId":0,"prevId":0,"content":"Zzz","text":"Zzz","html":"Zzz"}],"langContent":"EN"},{"id":376687422,"gmtCreate":1619110613166,"gmtModify":1704719872344,"author":{"id":"3577879195125670","authorId":"3577879195125670","name":"IIvann","avatar":"https://static.tigerbbs.com/dcf6f9a50805e98e1ec521efbebf87a2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3577879195125670","idStr":"3577879195125670"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376687422","repostId":2129148338,"repostType":4,"repost":{"id":"2129148338","pubTimestamp":1619104920,"share":"https://ttm.financial/m/news/2129148338?lang=&edition=fundamental","pubTime":"2021-04-22 23:22","market":"us","language":"en","title":"Why Sleep Number Stock Pulled Back Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129148338","media":"Motley Fool","summary":"Record profits and raised guidance weren't enough to help the market overlook supply chain issues.","content":"<h2>What happened</h2><p>Shares of mattress company <b>Sleep Number</b>&nbsp;(NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.</p><h2>So what</h2><p>In Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622460%2Fbroken-red-down-arrow.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Now what</h2><p>There was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.</p><p>Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sleep Number Stock Pulled Back Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sleep Number Stock Pulled Back Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNBR":"Sleep Number Corporation"},"source_url":"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129148338","content_text":"What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.So whatIn Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.Image source: Getty Images.Now whatThere was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":376697061,"gmtCreate":1619107004553,"gmtModify":1704719830212,"author":{"id":"3555382377663213","authorId":"3555382377663213","name":"jo88","avatar":"https://static.tigerbbs.com/3f3f7cfe71e85f286a9274876c16ebf2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"authorIdStr":"3555382377663213","idStr":"3555382377663213"},"htmlText":"Comment and like pls!","listText":"Comment and like pls!","text":"Comment and like pls!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376697061","repostId":2129148338,"repostType":4,"repost":{"id":"2129148338","pubTimestamp":1619104920,"share":"https://ttm.financial/m/news/2129148338?lang=&edition=fundamental","pubTime":"2021-04-22 23:22","market":"us","language":"en","title":"Why Sleep Number Stock Pulled Back Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129148338","media":"Motley Fool","summary":"Record profits and raised guidance weren't enough to help the market overlook supply chain issues.","content":"<h2>What happened</h2><p>Shares of mattress company <b>Sleep Number</b>&nbsp;(NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.</p><h2>So what</h2><p>In Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622460%2Fbroken-red-down-arrow.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Now what</h2><p>There was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.</p><p>Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sleep Number Stock Pulled Back Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sleep Number Stock Pulled Back Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNBR":"Sleep Number Corporation"},"source_url":"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129148338","content_text":"What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.So whatIn Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.Image source: Getty Images.Now whatThere was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4105662,"gmtCreate":1619107600309,"gmtModify":1680785155682,"authorId":3578101802147855,"author":{"id":3578101802147855,"idStr":"3578101802147855","authorId":3578101802147855,"name":"MarshMellow","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376697061,"type":1,"supId":0,"prevId":0,"content":"Comment!","text":"Comment!","html":"Comment!"}],"langContent":"EN"},{"id":376608471,"gmtCreate":1619106006993,"gmtModify":1704719812178,"author":{"id":"3579319144921544","authorId":"3579319144921544","name":"Jaslen","avatar":"https://static.tigerbbs.com/597ef08fd8f2bd857b8021d7044cd65a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3579319144921544","idStr":"3579319144921544"},"htmlText":"Comment and like please! Thanks!","listText":"Comment and like please! Thanks!","text":"Comment and like please! Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376608471","repostId":2129148338,"repostType":4,"repost":{"id":"2129148338","pubTimestamp":1619104920,"share":"https://ttm.financial/m/news/2129148338?lang=&edition=fundamental","pubTime":"2021-04-22 23:22","market":"us","language":"en","title":"Why Sleep Number Stock Pulled Back Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129148338","media":"Motley Fool","summary":"Record profits and raised guidance weren't enough to help the market overlook supply chain issues.","content":"<h2>What happened</h2><p>Shares of mattress company <b>Sleep Number</b>&nbsp;(NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.</p><h2>So what</h2><p>In Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622460%2Fbroken-red-down-arrow.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Now what</h2><p>There was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.</p><p>Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sleep Number Stock Pulled Back Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sleep Number Stock Pulled Back Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNBR":"Sleep Number Corporation"},"source_url":"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129148338","content_text":"What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.So whatIn Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.Image source: Getty Images.Now whatThere was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4105609,"gmtCreate":1619106989691,"gmtModify":1680785155360,"authorId":3555382377663213,"author":{"id":3555382377663213,"idStr":"3555382377663213","authorId":3555382377663213,"name":"jo88","avatar":"https://static.tigerbbs.com/3f3f7cfe71e85f286a9274876c16ebf2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376608471,"type":1,"supId":0,"prevId":0,"content":"<u>nice</u>","text":"<u>nice</u>","html":"<u>nice</u>"}],"langContent":"EN"},{"id":376874380,"gmtCreate":1619105565140,"gmtModify":1704719802160,"author":{"id":"3574547862188011","authorId":"3574547862188011","name":"kcwang4982","avatar":"https://static.tigerbbs.com/c04d43cdb908fc01d7c2eb3734205700","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3574547862188011","idStr":"3574547862188011"},"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/376874380","repostId":2129148338,"repostType":4,"repost":{"id":"2129148338","pubTimestamp":1619104920,"share":"https://ttm.financial/m/news/2129148338?lang=&edition=fundamental","pubTime":"2021-04-22 23:22","market":"us","language":"en","title":"Why Sleep Number Stock Pulled Back Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2129148338","media":"Motley Fool","summary":"Record profits and raised guidance weren't enough to help the market overlook supply chain issues.","content":"<h2>What happened</h2><p>Shares of mattress company <b>Sleep Number</b>&nbsp;(NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.</p><h2>So what</h2><p>In Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F622460%2Fbroken-red-down-arrow.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Now what</h2><p>There was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.</p><p>Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Sleep Number Stock Pulled Back Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Sleep Number Stock Pulled Back Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNBR":"Sleep Number Corporation"},"source_url":"https://www.fool.com/investing/2021/04/22/why-sleep-number-stock-pulled-back-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129148338","content_text":"What happenedShares of mattress company Sleep Number (NASDAQ:SNBR) pulled back on Thursday after the company reported financial results for the first quarter of 2021. It had record earnings and raised full-year guidance. But it seems the market is concerned about ongoing supply chain issues that caused Q1 revenue to miss expectations. As of 10:30 a.m. EDT, Sleep Number stock was down 14%.So whatIn Q1, Sleep Number's sales were up 20% year over year to $568 million. This number could have been about 9% higher, but the company is experiencing a two-week delay in deliveries because of supply-chain issues. Specifically, there's a lack of foam in the supply chain because of high demand for mattresses in general and low supply of foam because of the COVID-19 pandemic. However, it's a problem management expects will be over in the second quarter.Image source: Getty Images.Now whatThere was a lot to like with Sleep Number in Q1. Its revenue missed expectations, yes. But it grew Q1 earnings per share (EPS) to a record $2.51, which was far more than consensus EPS estimates of $1.83. Furthermore, going back to revenue, it only missed expectations by about $12 million -- roughly 2%. Without the problems in the supply chain, it would have beaten revenue expectations by a wide margin. Therefore, you could say that business for this consumer-goods business is continuing to thrive.Indeed, Sleep Number's management believes the business is doing well. Because of this, it raised its EPS guidance for 2021 to $6.50. Previously it had guided for EPS of $6. For these reasons, it looks like Sleep Number just reported a solid quarter, even if the market isn't reacting positively today.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4105424,"gmtCreate":1619105769220,"gmtModify":1680785150505,"authorId":3573299881996779,"author":{"id":3573299881996779,"idStr":"3573299881996779","authorId":3573299881996779,"name":"CocoPosh","avatar":"https://community-static.tradeup.com/news/818138cfd3c48ea6aad706cbda48c1d6","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376874380,"type":1,"supId":4105421,"prevId":0,"content":"[What]","text":"[What]","html":"[What]"},{"id":4105421,"gmtCreate":1619105757593,"gmtModify":1680785149049,"authorId":3572176137415007,"author":{"id":3572176137415007,"idStr":"3572176137415007","authorId":3572176137415007,"name":"Abundance Thankful","avatar":"https://community-static.tradeup.com/news/3596d672dc89783cd009721d4bab5ddb","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.70%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":376874380,"type":1,"supId":0,"prevId":0,"content":"[Miser]","text":"[Miser]","html":"[Miser]"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":29,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}