---
schema_version: "secwatch.filing_event.v1"
accession: "0001206264-24-000130"
form_type: "8-K"
ticker: "SGI"
cik: "0001206264"
company_name: "SOMNIGROUP INTERNATIONAL INC."
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:09:26.208012+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tempur Sealy Q2 sales slip 2.8%; maintains FY24 adjusted EPS guidance $2.45–$2.65

## Summary
- Q2 net sales $1,233.6M (-2.8% YoY); adjusted EPS $0.63 (+8.6% YoY); net income $106.1M (+14.8%).
- FY24 outlook: adjusted EPS $2.45–$2.65; adjusted EBITDA ~$940M midpoint; record advertising ~$475M; sales flat YoY.
- Pending Mattress Firm acquisition: $4B total ($2.7B cash + $1.3B stock); expected close late 2024/early 2025; FTC litigation pending.
- International expansion: Dreams UK represents 75% of intl direct sales; plan to open 60+ stores annually; TEMPUR in 90+ countries.
- Capital allocation: consistent dividend growth; $3.7B allocated since 2018; target leverage 2.0–3.0x after Mattress Firm.

## SEC filing metadata
- accession: 0001206264-24-000130
- form_type: 8-K
- ticker: SGI
- cik: 0001206264
- company_name: SOMNIGROUP INTERNATIONAL INC.
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1206264/000120626424000130/0001206264-24-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1206264/000120626424000130/tpx-20240806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206264-24-000130
- JSON: https://secwatch.observer/filing/0001206264-24-000130.json
- Plain text: https://secwatch.observer/filing/0001206264-24-000130.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.