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Earnings Releases·

Somnigroup International Inc. — Third Quarter 2026 Earnings Summary

  • Total net sales rose 10.8% to $2,350.8 million, driven by $372.6 million in Leggett & Platt stub-period revenue; GAAP net income fell 7.8% to $163.5 million, while record Adjusted net income and EPS grew 13.7% and 9.5% respectively to $228.9 million and $1.04.
  • Full-year 2026 Adjusted EPS guidance was raised to $2.85–$2.95, reflecting a ~7% increase over 2025, though risks from tariffs, geopolitical events, and macro uncertainty remain.
  • The company completed the Leggett & Platt acquisition on August 26, 2026, improving its leverage ratio to 2.69x and enhancing supply chain capabilities, while Mattress Firm and Tempur Sealy International sales declined due to operational disruptions and softer demand.
  • The Board declared a $0.17 quarterly cash dividend payable December 7, 2026, and reported $349 million in operating cash flow with consolidated indebtedness less netted cash at $5.0 billion.
Company
SOMNIGROUP INTERNATIONAL INC
Sector
Consumer Cyclical
Industry
Furnishings Fixtures & Appliances