PR Newswire·Nov 9, 2026, 6:36 AM ET

Somnigroup International Inc. Reports Record Third Quarter 2026 Results

Somnigroup International Inc. reported third quarter 2026 net sales of $2.35 billion, an 11% increase driven by the inclusion of Leggett & Platt's stub period sales.
The company acquired Leggett & Platt on August 26, 2026, with its operations contributing $372.6 million to the third quarter revenue.
GAAP earnings per share (EPS) decreased 10.8% to $0.74, while adjusted EPS increased 9.5% to a record $1.04.
Third quarter cash flows from operations were $349 million.
Consolidated leverage ratio improved to 2.69 times compared to 3.28 times in the prior year period.
Mattress Firm net sales declined 5.8% to $1.01 billion due to softer online sales.
Tempur Sealy North America net sales decreased 5.8% to $693.1 million, though gross margin improved significantly due to tariff refunds and synergies.
Tempur Sealy International net sales fell 12.3% to $276.8 million, primarily caused by operational disruptions at the Dreams subsidiary from a new ERP system.
The company revised its full-year 2026 adjusted EPS guidance to a range of $2.85 to $2.95.
The Board of Directors declared a quarterly cash dividend of $0.17 per share, payable on December 7, 2026.
Total debt stood at $5.6 billion with consolidated indebtedness less netted cash at $5.0 billion as of September 30, 2026.