| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/19/2025 | $57.00 | Neutral | Goldman |
| 2/21/2025 | Hold | Jefferies |
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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
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4 - SOMNIGROUP INTERNATIONAL INC. (0001206264) (Issuer)
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No Shareholder Action Required at This Time CARTHAGE, Mo., Dec. 1, 2025 /PRNewswire/ -- Leggett & Platt confirmed that it has received an unsolicited proposal from Somnigroup International Inc. (NYSE:SGI) ("Somnigroup") to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction. Somnigroup's proposal states that the exchange ratio is "to be agreed" and that the proposal is non-binding and subject to due diligence. Somnigroup did not engage with the Company prior to November 30, 2025 with respect to its proposal. The Leggett & Platt Board of Directors, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will car
Proposal represents 30.3% premium to the average closing price of Leggett & Platt's shares during the last 30 trading daysCombination would provide Leggett & Platt shareholders with significant premium and opportunity to participate in combined company growthDALLAS, Dec. 1, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that it submitted a proposal to the Board of Directors of Leggett & Platt Inc. (NYSE:LEG) to acquire all outstanding common shares of Leggett & Platt in an all-stock transaction (the "Proposal"). Under the terms of the Proposal, Leggett & Platt shareholders would receive shares of Somnigroup common stock with a
DALLAS, Nov. 6, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that its Board of Directors has declared a fourth quarter cash dividend on its common stock of $0.15 per share. The dividend is payable on December 4, 2025, to shareholders of record as of November 20, 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
Consolidated Sales Growth of 63% EPS Growth of 14% and Adjusted EPS(1) Growth of 16% Record Cash Flow from Operations of $408 million Raises Financial Guidance for Full Year 2025DALLAS, Nov. 6, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", )) announced financial results for the third quarter ended September 30, 2025 and raised financial guidance for the full year 2025. THIRD QUARTER 2025 FINANCIAL SUMMARY Total net sales increased 63.3% to $2,122.6 million as compared to $1,300.0 million in the third quarter of 2024, primarily driven by the inclusion of $1,070.8 million of Mattress Firm sales, offset by the accounting elimination of $313.7 million of sales from
DALLAS, Oct. 15, 2025 /PRNewswire/ -- Somnigroup International, Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) will release its financial results for the third quarter ended September 30, 2025, before the NYSE opening of regular trading on Thursday, November 6, 2025. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at www.somnigroup.com. After the conference call, a webcast replay will remain available on the website for 30 days. About Somnigroup Somnigroup (NYSE:SGI) is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superior
DALLAS, Oct. 9, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI) announced today that Kindel Nuno, currently serving as Chief Human Resources Officer of Somnigroup, has been appointed to an expanded leadership role as Chief Human Resources Officer and General Counsel of Somnigroup, effective October 9, 2025. "Combining the roles of Chief Human Resources Officer and General Counsel brings greater efficiency and agility to the HR and legal functions at the parent company level," said Thompson. "Over the course of her 18-year legal career, Ms. Nuno has navigated numerous challenges and strategic events impacting Mattress Firm and other clients she represented. Through those exper
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
SANTA CRUZ, Calif., Aug. 7, 2025 /PRNewswire/ -- Fullpower-AI®, a leader in AI-powered health and wellness technologies, today announced a transformative partnership with Tempur Sealy International ("Tempur Sealy"), a wholly-owned business of Somnigroup International Inc., anchored by a 10-year global licensing agreement for Fullpower-AI's KOA Sleeptracker-AI Large Action Model (LAM) platform. As part of the agreement, Tempur Sealy will make a $25 million Series C investment in Fullpower-AI, valuing the company at $160 million. This long-term agreement ensures the continued de
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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
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No Shareholder Action Required at This Time CARTHAGE, Mo., Dec. 1, 2025 /PRNewswire/ -- Leggett & Platt confirmed that it has received an unsolicited proposal from Somnigroup International Inc. (NYSE:SGI) ("Somnigroup") to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction. Somnigroup's proposal states that the exchange ratio is "to be agreed" and that the proposal is non-binding and subject to due diligence. Somnigroup did not engage with the Company prior to November 30, 2025 with respect to its proposal. The Leggett & Platt Board of Directors, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will car
DALLAS, Nov. 6, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that its Board of Directors has declared a fourth quarter cash dividend on its common stock of $0.15 per share. The dividend is payable on December 4, 2025, to shareholders of record as of November 20, 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
Consolidated Sales Growth of 63% EPS Growth of 14% and Adjusted EPS(1) Growth of 16% Record Cash Flow from Operations of $408 million Raises Financial Guidance for Full Year 2025DALLAS, Nov. 6, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", )) announced financial results for the third quarter ended September 30, 2025 and raised financial guidance for the full year 2025. THIRD QUARTER 2025 FINANCIAL SUMMARY Total net sales increased 63.3% to $2,122.6 million as compared to $1,300.0 million in the third quarter of 2024, primarily driven by the inclusion of $1,070.8 million of Mattress Firm sales, offset by the accounting elimination of $313.7 million of sales from
DALLAS, Oct. 15, 2025 /PRNewswire/ -- Somnigroup International, Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) will release its financial results for the third quarter ended September 30, 2025, before the NYSE opening of regular trading on Thursday, November 6, 2025. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at www.somnigroup.com. After the conference call, a webcast replay will remain available on the website for 30 days. About Somnigroup Somnigroup (NYSE:SGI) is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superior
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
LEXINGTON, Ky., July 15, 2025 /PRNewswire/ -- Somnigroup International, Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) will release its financial results for the second quarter ended June 30, 2025, before the NYSE opening of regular trading on Thursday, August 7, 2025. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at www.somnigroup.com. After the conference call, a webcast replay will remain available on the website for 30 days. About Somnigroup Somnigroup (NYSE:SGI) is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superio
DALLAS, June 24, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that, upon the recommendation of the Human Resources/Capital and Talent Committee, the independent members of the Board of Directors have extended the term of Scott Thompson's employment contract as Chairman, Chief Executive Officer and President of the Company to December 31, 2029. Mr. Thompson has led the Company since September 2015. During his tenure, the Company's share price increased by over 250%, exceeding both the S&P 500 and the Russell 2000 Indexes. Richard W. Neu, Lead Director of the Somnigroup Board of Directors, commented, "We are pleased to reaffi
DALLAS, May 12, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced the pricing of the previously announced secondary offering (the "Offering") of 15,376,743 shares of its common stock at a price to the public of $62.00 per share. All of the shares of common stock are being sold by the former majority shareholder of Mattress Firm Group Inc., which shareholder is a subsidiary of IBEX Topco B.V., and Somnigroup will not receive any of the proceeds from the Offering. The Offering is expected to close on or about May 13, 2025, subject to customary closing conditions. Goldman Sachs & Co. LLC is acting as the sole underwriter for the Of