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The company manufactures the Sleep Number® bed, an adjustable air mattress.The "Sleep Number® setting" is a setting that adjusts the firmness or softness of the mattress on each side of the bed using air pressure (dual air chambers, one on each side), with higher numbers (up to 100) denoting higher pressure and more firmness, and lower numbers denoting less pressure and more softness.
Select Comfort , maker of Sleep Number adjustable beds, posted a record for quarterly sales in Q4. For that period, the company took in $221 million, a 17% improvement over the same quarter in 2011.
Shares of Select Comfort dropped by 19% because of its cloudy fourth-quarter earnings outlook. With this decline, Select Comfort now trades 40% off of its 52-week high. Should investors stay away ...
Sleep America. Sleep America was an Arizona bedding retailer founded in 1997 by Debbie and Leonard Gaby. By the time of Mattress Firm's acquisition of the company, they had about 30 stores. They were based in Phoenix, Arizona. On January 6, 2015, Mattress Firm acquired Sleep America for $12.5 million. [ 37]
Some such beds are termed soft-sided air beds. Permanent use adjustable-firmness "airbeds" became popular particularly after market leader Select Comfort (now Sleep Number) began a major marketing campaign around 2001. The original airbed was manufactured by Comfortaire in 1981, which was later purchased by Select Comfort.
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