---
schema_version: "secwatch.filing_event.v1"
accession: "0001206264-24-000166"
form_type: "8-K"
ticker: "SGI"
cik: "0001206264"
company_name: "SOMNIGROUP INTERNATIONAL INC."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:18:59.002468+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tempur Sealy updates 2024 outlook, reports Q3 results; Mattress Firm deal progressing

## Summary
- Q3 2024 net sales $1.30B (+1.8% YoY), GAAP EPS $0.73, adjusted EPS $0.82.
- 2024 guidance: Sales slightly below prior year, adj. EBITDA ~$915M midpoint, adj. EPS $2.45-$2.55.
- Mattress Firm acquisition ($4.0B) expected to close late 2024 or early 2025, subject to regulatory approvals.
- TTM 9/30/24 adj. EBITDA $906.8M (+3.3%); net leverage target within 2.0-3.0x post-deal.
- Capital allocation: $3.7B returned to shareholders since 2018 via dividends and buybacks.

## SEC filing metadata
- accession: 0001206264-24-000166
- form_type: 8-K
- ticker: SGI
- cik: 0001206264
- company_name: SOMNIGROUP INTERNATIONAL INC.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1206264/000120626424000166/0001206264-24-000166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1206264/000120626424000166/tpx-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206264-24-000166
- JSON: https://secwatch.observer/filing/0001206264-24-000166.json
- Plain text: https://secwatch.observer/filing/0001206264-24-000166.txt

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