---
schema_version: "secwatch.filing_event.v1"
accession: "0001206264-25-000059"
form_type: "8-K/A"
ticker: "SGI"
cik: "0001206264"
company_name: "SOMNIGROUP INTERNATIONAL INC."
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-25T22:43:41.909201+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SomniGroup closes Mattress Firm acquisition; acquired co's FY24 revenue $3.9B, net income $73M

## Summary
- Mattress Firm FY24 net revenue $3,916.3M, down from $4,134.1M in FY23 (-5.3%).
- Net income $72.9M in FY24 vs $111.6M in FY23 (-34.7%).
- Operating income $230.3M vs $274.9M; margin 5.9% vs 6.7%.
- Total assets $3,787.4M; long-term debt $1,138.7M; equity $794.8M.
- Acquisition valued ~$4.0B ($2.7B cash + $1.3B stock), closed Feb 5, 2025.

## SEC filing metadata
- accession: 0001206264-25-000059
- form_type: 8-K/A
- ticker: SGI
- cik: 0001206264
- company_name: SOMNIGROUP INTERNATIONAL INC.
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000059/0001206264-25-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1206264/000120626425000059/sgi-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206264-25-000059
- JSON: https://secwatch.observer/filing/0001206264-25-000059.json
- Plain text: https://secwatch.observer/filing/0001206264-25-000059.txt

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