LEXINGTON, Ky., March 5, 2025 /PRNewswire/ -- Somnigroup International, Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that Steve Rusing has been appointed President of Mattress Firm, effective March 10, 2025. Mr. Rusing will report to Scott Thompson, Interim Chief Executive Officer of Mattress Firm, and the Chairman, President and CEO of Somnigroup. Mattress Firm's executive leadership team will report to Mr.  Rusing.  "Steve is one of the most experienced and well-respected executives in the bedding industry, and I am excited that he will lead the talented team at Mattress Firm as it begins a new chapter within the Somnigroup portfolio," commented Thompson.  "Over the

–  Increases quarterly cash dividend 15% to $0.15 per share LEXINGTON, Ky., Feb. 20, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that its Board of Directors has declared a first quarter cash dividend on its common stock of $0.15 per share. The dividend is payable on March 20, 2025 to shareholders of record as of March 6, 2025.  Somnigroup Chairman and CEO Scott Thompson commented, "We are pleased to announce this increase to our quarterly dividend. Our Board of Directors increased the quarterly dividend to $0.15 per share based on the strength of the Company's market position and demonstrated ability to generate significan

- Fourth Quarter 2024 Net Sales increased 3% to $1.2 Billion- Strong Fourth Quarter Operating Income Growth - Fourth Quarter 2024 EPS of $0.40 and Adjusted EPS(1) of $0.60, increased 13%- Increased Quarterly Cash Dividend 15% to $0.15 per share- Issues 2025 Guidance and Perspective on Consolidated Long-Term Growth LEXINGTON, Ky., Feb. 20, 2025 /PRNewswire/ -- As previously announced, Tempur Sealy International, Inc. changed its name to Somnigroup International Inc. (NYSE:SGI, ", Company", )) effective February 18, 2025. The Company today announced financial results for the fourth quarter and year ended December 31, 2024. The Company also issued financial guidance for the full year 2025, whi

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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