earnings
confidence high
sentiment positive
materiality 0.80
Somnigroup Q4 adjusted EPS up 13% to $0.60; dividend raised 15%; Mattress Firm deal closed
SOMNIGROUP INTERNATIONAL INC.
2024-FY EPS reported
$2.16
revenue$4,930,900,000
- Q4 net sales $1,207.9M (+3.2% YoY); GAAP EPS $0.40 (-7.0%), adjusted EPS $0.60 (+13.2%).
- Full year net sales $4,930.9M (+0.1%); GAAP EPS $2.16 (+3.8%), adjusted EPS $2.55 (+6.3%).
- Quarterly dividend increased 15% to $0.15 per share; payable March 20 to holders of record March 6.
- Completed Mattress Firm acquisition on Feb 5, 2025; now world's largest bedding company.
- Q4 adjusted operating income $167.6M (+8.0%); leverage ratio improved to 2.31x from 2.87x.