secwatch.observer — SEC 8-K summary
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Issuer:     SOMNIGROUP INTERNATIONAL INC. (SGI)
CIK:        0001206264
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001206264-25-000111
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Somnigroup Q1 net sales up 35% to $1.6B, net loss $33M from acquisition costs
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1206264/000120626425000111/0001206264-25-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1206264/000120626425000111/sgi-20250508.htm
  HTML page:      https://secwatch.observer/filing/0001206264-25-000111

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