Somnigroup International Inc. — Third Quarter 2026 Earnings Summary

Somnigroup International Inc. reported record third-quarter 2026 net sales of $2.35 billion, an 11% increase driven by the inclusion of Leggett & Platt operations acquired in August. While GAAP net income decreased 7.8% to $163.5 million due to acquisition-related costs, adjusted net income rose 13.7% to a record $228.9 million, resulting in adjusted earnings per share of $1.04. The company's leverage ratio improved to 2.69 times based on consolidated indebtedness less netted cash to adjusted EBITDA. Additionally, Somnigroup revised its full-year 2026 adjusted EPS guidance upward to a range of $2.85 to $2.95.