Jefferies initiated coverage of Somnigroup International with a rating of Hold
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2025 | $57.00 | Neutral | Goldman |
| 2/21/2025 | Hold | Jefferies |
Goldman resumed coverage of Somnigroup International with a rating of Neutral and set a new price target of $57.00
Jefferies initiated coverage of Somnigroup International with a rating of Hold
DALLAS, Sept. 30, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced it has appointed Christopher Cook as an independent director to serve on its Board of Directors, effective September 30, 2025. In connection with Mr. Cook's appointment, the Board approved an increase of the size of the Board from seven to eight members. Mr. Cook has more than 20 years of executive leadership experience as a seasoned retail entrepreneur and board member. Mr. Cook founded Sleep Experts, a chain of specialty mattress retail stores, and served as its Chief Executive Officer from 2004 until its acquisition by Mattress Firm in 2014. Subsequent to th
DALLAS, Sept. 2, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) announced today that it will participate in group meetings at the 2025 Goldman Sachs Global Retailing Conference on September 3, 2025. The Company also shared that the sales trends experienced early in the third quarter have continued. Somnigroup Chairman and CEO Scott Thompson commented, "Third quarter trends, as discussed on our second quarter earnings call, continue to be solid. We are confident in our ability to capitalize on improved market conditions." Forward-Looking Statements This press release contains statements that may be characterized as "forward-looking," within t
DALLAS, Aug. 18, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI) announced today that Steve Rusing, currently serving as President of Mattress Firm, has expanded his leadership role to President and Chief Executive Officer, effective August 14, 2025. Scott Thompson, Somnigroup's Chairman, CEO and President, has been serving as Mattress Firm's interim Chief Executive Officer since February 2025. "Combining the roles of President and CEO of Mattress Firm will allow Steve to lead with greater agility and alignment across all aspects of the company," said Thompson. "Over these past few months, Steve has made a tremendous impact on the direction and strategy of Mattress Firm. Under
4 - SOMNIGROUP INTERNATIONAL INC. (0001206264) (Issuer)
3 - SOMNIGROUP INTERNATIONAL INC. (0001206264) (Issuer)
4 - SOMNIGROUP INTERNATIONAL INC. (0001206264) (Issuer)
8-K - SOMNIGROUP INTERNATIONAL INC. (0001206264) (Filer)
8-K - SOMNIGROUP INTERNATIONAL INC. (0001206264) (Filer)
144 - SOMNIGROUP INTERNATIONAL INC. (0001206264) (Subject)
DALLAS, Sept. 30, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced it has appointed Christopher Cook as an independent director to serve on its Board of Directors, effective September 30, 2025. In connection with Mr. Cook's appointment, the Board approved an increase of the size of the Board from seven to eight members. Mr. Cook has more than 20 years of executive leadership experience as a seasoned retail entrepreneur and board member. Mr. Cook founded Sleep Experts, a chain of specialty mattress retail stores, and served as its Chief Executive Officer from 2004 until its acquisition by Mattress Firm in 2014. Subsequent to th
DALLAS, Aug. 7, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced the expansion of its relationship with Fullpower-AI® ("Fullpower"), a leading provider of biosensing AI solutions. Since 2019, Fullpower's Sleeptracker-AI ("Sleeptracker") technology has powered the TEMPUR-Ergo® Smart Base collection for over 250 million nights of sleep. As part of the expanded partnership, Tempur Sealy, a wholly-owned business of Somnigroup, is making a $25 million equity investment in Fullpower to acquire an approximate 15.6% ownership stake. In addition, Tempur Sealy and Fullpower have signed a multi-year extension through 2036 of Tempur Sealy'
DALLAS, Aug. 7, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that its Board of Directors has declared a third quarter cash dividend on its common stock of $0.15 per share. The dividend is payable on September 5, 2025, to shareholders of record as of August 21, 2025. About Somnigroup International Inc. Somnigroup is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superior capabilities in design, manufacturing, distribution and retail, we deliver breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide, through our fully-o
- Second Quarter 2025 Net Sales Growth of 53%- Mattress Firm Combination Ahead of Plan- Direct Sales as a Percent of Net Sales Increased to 66% as Compared to 23%- Raises Financial Guidance for Full Year 2025 DALLAS, Aug. 7, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", )) announced financial results for the second quarter ended June 30, 2025 and raised financial guidance for the full year 2025. SECOND QUARTER 2025 FINANCIAL SUMMARY Total net sales increased 52.5% to $1,880.8 million as compared to $1,233.6 million in the second quarter of 2024, primarily driven by the inclusion of $948.8 million of Mattress Firm sales, offset by the accounting elimination of $2