How did Sleep Number's revenue and expenses trend in Q4 2024?

Sleep Number's revenue and expenses in Q4 2024 are not currently available. However, based on the available data, Sleep Number's revenue growth has declined by 11.28% over the last twelve months, with a recent quarterly revenue drop of 9.74%. Despite the revenue decline, the company has maintained its gross profit margin at 60.8% and has managed to reduce operating expenses.

1. Revenue Decline: Sleep Number's revenue fell by 12.3% to $376.82 million in Q4 2024, compared to the same quarter last year, and was slightly below the analyst estimate of $389.75 million. This decline is consistent with the overall trend of a 9.7% year-over-year decrease in net sales reported in Q3 2024.
2. Expense Management: The company has been successful in reducing operating expenses, which is a positive indicator despite the revenue decline. However, the net loss widened by 35% from the previous year, resulting in a quarterly loss of $4.67 million and an EPS loss of $0.21.

In conclusion, Sleep Number faced a challenging quarter with a significant decline in revenue, but managed to maintain profitability by reducing operating expenses.