other material
confidence high
sentiment positive
materiality 0.90
Somnigroup Releases Investor Presentation with Q2 Results and Leggett & Platt Acquisition
SOMNIGROUP INTERNATIONAL INC.
- Q2 2026 net sales were $1,824M, net income $111M, and adjusted EBITDA $297M.
- Full-year 2026 outlook: adjusted EPS midpoint of $3.00 and sales approximately $7.6B.
- Announced $2.5B stock acquisition of Leggett & Platt, expected to close by year-end 2026.
- Mattress Firm acquisition net synergies of $260M ($135M cost, $125M sales).