February 22, the Minneapolia-based sleep health technology company Sleep Number announced its Q4 and full-year financial figures for FY 2022 ended December 31: Q4 net sales increased 1% versus the prior year; FY2022 full-year net sales decreased 3% to $2.11 billion, generating $36 million of operating cash flows for the year.
Besides, in Q4, net sales were $498 million, up 1% compared with $492 million last year; gross profit decreased 3% to $272 million, or 54.7% of net sales, compared with $280 million or 56.9% of net sales for the prior year; net loss per diluted share of $0.24, c …
