earnings
confidence high
sentiment positive
materiality 0.85
Somnigroup posts FY2024 adj EPS $2.55; guides FY2025 $2.60-$3.00; Mattress Firm closed
SOMNIGROUP INTERNATIONAL INC.
2024-FY EPS reported
$2.16
revenue$4,930,900,000
- Q4 2024 net sales $1,207.9M (+3.2% YoY); adj EPS $0.60 (+13.2% YoY).
- FY2024 adj EBITDA $923.8M (+5.3%); adj EPS $2.55 (+6.3%).
- 2025 outlook: sales $7.5B-$7.8B, adj EPS $2.60-$3.00, adj EBITDA $1.3B-$1.4B.
- Mattress Firm acquisition closed Feb 5; divestiture of 103 Sleep Outfitters, 73 stores by May 1.
- Long-term target adj EPS ~$4.85 by 2028 (20% CAGR); $100M run-rate synergies expected.