Sleep Number reported Q2’21 revenue growth of 69.9% year over year despite “near-term supply constraints” which have impacted deliveries in June and July. The mattress manufacturer faces “temporary component and labor constraints, inflation and expedited logistics pressures” which likely contributed to a modest increase in U.S. seaborne imports linked to the firm of just 5.8% year over year in Q2’21. While Sleep Number has been “absorbing the inflationary impacts” it has now implemented price increases. That may leave it further behind p...
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