earnings
confidence high
sentiment neutral
materiality 0.80
Somnigroup Q1 net sales up 35% to $1.6B, net loss $33M from acquisition costs
SOMNIGROUP INTERNATIONAL INC.
2025-Q1 EPS reported
-$0.17
revenue$1,604,700,000
- Net sales $1.60B, +35% YoY, driven by $593.7M Mattress Firm stub period sales (Feb 5 – Mar 31, 2025).
- GAAP net loss $33.1M (($0.17)/diluted share) vs net income $76.3M; adjusted net income $97.0M ($0.49/sh).
- Adjusted gross margin 42.2%, up 210 bps; operating cash flow $106M.
- Adjusted operating income $182.8M (+22% YoY) despite $130.1M elimination of intercompany sales.
- Quarterly dividend $0.15/share declared, payable June 5 to holders of record May 22.