secwatch.observer — SEC 8-K summary
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Issuer:     SOMNIGROUP INTERNATIONAL INC. (SGI)
CIK:        0001206264
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001206264-25-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Somnigroup posts FY2024 adj EPS $2.55; guides FY2025 $2.60-$3.00; Mattress Firm closed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1206264/000120626425000050/0001206264-25-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1206264/000120626425000050/sgi-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001206264-25-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer