{"schema_version":"secwatch.filing_event.v1","accession":"0001206264-23-000052","form_type":"8-K","ticker":"SGI","cik":"0001206264","company_name":"SOMNIGROUP INTERNATIONAL INC.","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.086043+00:00","generated_at":"2026-06-19T19:24:17.714016+00:00","sec_items":["2.02","7.01","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Tempur Sealy Q4 net sales down 12.7% to $1.19B; EPS $0.57; raises dividend 10% to $0.11","bullets":["Q4 net sales $1,187.4M, down 12.7% YoY; GAAP EPS $0.57 vs $0.88.","Adjusted EPS $0.54, down 38.6% YoY; adjusted net income $96.2M.","Full-year net sales $4,921.2M, flat; GAAP EPS $2.53 vs $3.06.","Board increased quarterly dividend 10% to $0.11/share, payable March 9, 2023.","2023 guidance targets sales and adjusted EPS growth amid subdued demand."],"urls":{"canonical":"https://secwatch.observer/filing/0001206264-23-000052","json":"https://secwatch.observer/filing/0001206264-23-000052.json","markdown":"https://secwatch.observer/filing/0001206264-23-000052.md","text":"https://secwatch.observer/filing/0001206264-23-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1206264/000120626423000052/0001206264-23-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1206264/000120626423000052/tpx-20230209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T19:24:17.714016+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5f6f02b0dcbe991b0a399af53570aff5f243cc53","claim":"SOMNIGROUP INTERNATIONAL INC. reported Fourth Quarter Ended December 31, 2022 results: revenue $1,187.4 million, net income $101.7 million, EPS $0.57.","evidence_excerpt":"Total net sales decreased 12.7% to $1,187.4 million as compared to $1,359.6 million in the fourth quarter of 2021, with a decrease of 12.2% in the North America business segment and a decrease of 14.3% in the International business segment. • Gross margin was 41.2% as compared to 44.5% in the fourth quarter of 2021. Adjusted gross margin (1) was 41.6% in the fourth quarter of 2022. There were no adjustments to gross margin in the fourth quarter of 2021. • Operating income decreased 41.3% to $147.1 million as compared to $250.8 million in the fourth quarter of 2021. Adjusted operating income (1) was $156.8 million in the fourth quarter of 2022. There were no adjustments to operating income in the fourth quarter of 2021. • Net income decreased 42.2% to $101.7 million as compared to $175.8 million in the fourth quarter of 2021. Adjusted net income (1) decreased 45.3% to $96.2 million as compared to $175.9 million in the fourth quarter of 2021. • Earnings per diluted share (\"EPS\") decrease","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1206264/000120626423000052/0001206264-23-000052-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fourth Quarter Ended December 31, 2022"},{"label":"Revenue","value":"$1,187.4 million"},{"label":"Net income","value":"$101.7 million"},{"label":"EPS","value":"$0.57"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"999ef30ee8ed1881841e5c4cebc1f38fdd3f4130","claim":"SOMNIGROUP INTERNATIONAL INC. updated its Fiscal Year 2023 guidance (initiated).","evidence_excerpt":"Targeting Sales and Adjusted EPS Growth in 2023","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1206264/000120626423000052/0001206264-23-000052-index.htm","confidence":0.8,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Fiscal Year 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}