Eat, sleep number, repeat... OG mattress company Sleep Number just woke from a deep slumber. Sleep's quarterly profit nearly doubled from last year, and sales popped 12% as we all worked from bed. The stock soared yesterday on the news. But this is really a Health & Wellness story...
"Life-changing"... How Sleep's CEO describes the 360 Smart Beds. She says they've "improved nearly 13 million lives and counting" (that's deep). These beds make sure your Zzzs get on the WiFi:
Sleep Number embodies the Power of the Pivot... After going full-smart-bed in 2018, Sleep Number completed its transformation from declining old mattress company to techy growing "wellness" company. That's helped it notch double-digit demand growth for the past three years.