Somnigroup 1Q FY26 EPS swings to USD 0.49; net sales rise 12.3% to USD 1.8 billion

Somnigroup International Inc.

Somnigroup International Inc.

SGI

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  • Somnigroup International reported first-quarter results with net income swinging to $104.2 million, while diluted EPS turned to $0.49.
  • Net sales rose 12.3% to $1.8 billion, while operating income more than doubled to $187.1 million.
  • Gross margin widened 6.9 percentage points to 43.1%, while cash flows from operations climbed to a first-quarter record $246 million.
  • Signed definitive agreement to acquire Leggett & Platt in an all-stock deal valued at about $2.5 billion, expected to close by year-end 2026.
  • Reaffirmed full-year adjusted EPS outlook of $3.00 to $3.40; CEO Scott Thompson cited “challenging market conditions” while pointing to a 20% increase in adjusted EPS.


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