Tempur Sealy Q2 sales up 4.8% to $1.27B, EPS $0.52; declares $0.11 dividend

SOMNIGROUP INTERNATIONAL INC.

2023-Q2 EPS reported $1.01 revenue$2,477,800,000

Net sales $1,269.7M, +4.8% YoY; constant currency +5.0%.
GAAP EPS $0.52 (+2% YoY); adjusted EPS $0.58 (flat).
Gross margin expanded to 42.7% from 41.0%; operating income $158.8M (+10.4%).
Cash from operations ~$150M; management cites market outperformance.
Mattress Firm acquisition pending; FTC second request ongoing, expected close 2024; $0.11/share dividend declared.

item 2.02 item 7.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SOMNIGROUP INTERNATIONAL INC. reported the second quarter ended June 30, 2023 results: revenue $1,269.7 million, net income $92.4 million, EPS $0.52.

Period: the second quarter ended June 30, 2023
Revenue: $1,269.7 million
Net income: $92.4 million
EPS: $0.52
Result: reported results

Exact text from the filing

for the second quarter ended June 30, 2023 and updated financial guidance for the full year 2023. SECOND QUARTER 2023 FINANCIAL SUMMARY • Total net sales increased 4.8% to $1,269.7 million as compared to $1,211.0 million in the second quarter of 2022. On a constant currency basis (1) , total net sales increased 5.0%, with an increase of 5.3% in the North America

View on SEC.gov

Browse all earnings releases →

SOMNIGROUP INTERNATIONAL INC. filing history →

Source: SEC EDGAR

accession 0001206264-23-000164

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.