Welcome to our dedicated page for Somnigroup International news (Ticker: SGI), a resource for investors and traders seeking the latest updates and insights on Somnigroup International stock.
Somnigroup International Inc. (NYSE: SGI), the global leader in sleep technology innovation, maintains this dedicated news hub for investors and industry stakeholders. Access official corporate announcements, financial disclosures, and strategic updates from the company behind Tempur-Pedic®, Sealy®, and Stearns & Foster® brands.
This resource provides essential updates across key operational areas including product innovations, manufacturing developments, and retail expansion initiatives. Users will find curated information on earnings reports, leadership updates, and sustainability efforts within the bedding industry.
All content undergoes strict verification to ensure accuracy and compliance with financial reporting standards. The chronological organization enables quick identification of market-moving developments while maintaining historical context for long-term analysis.
Bookmark this page for direct access to SGI's latest corporate communications, including regulatory filings, partnership announcements, and technological advancements in sleep solutions. Combine with our fundamental analysis tools on Stock Titan for comprehensive investment research.
Leggett & Platt (NYSE: LEG) confirmed receipt on Dec 1, 2025 of an unsolicited, non-binding all-stock proposal from Somnigroup International (NYSE: SGI) to acquire all outstanding shares. The proposal's exchange ratio is stated as "to be agreed" and is subject to due diligence. The Leggett & Platt Board, with independent financial and legal advisors, will review the proposal and has not reached a decision. Shareholders are told no action is required at this time. J.P. Morgan Securities LLC is financial advisor and Latham & Watkins LLP is legal advisor to Leggett & Platt.
Somnigroup (NYSE:SGI) submitted a proposal on Dec 1, 2025 to acquire all outstanding shares of Leggett & Platt (NYSE:LEG) in an all-stock merger, offering $12.00 of Somnigroup stock per LEG share based on a fixed exchange ratio.
The Proposal represents a 30.3% premium to LEG's 30-day average closing price and ~17.0% premium to LEG's Nov 28, 2025 close. Somnigroup says the deal would be tax-deferred for LEG shareholders, not subject to financing contingencies, and was unanimously authorized by its board. The letter requests a response by Dec 22, 2025 and names Goldman Sachs (financial) and Cleary Gottlieb (legal) as advisors. Completion is contingent on definitive agreements, customary closing conditions, regulatory approvals and LEG shareholder approval.
Somnigroup (NYSE: SGI) announced a fourth quarter cash dividend of $0.15 per share. The dividend is payable on December 4, 2025 to shareholders of record as of November 20, 2025. This returns cash to common shareholders via a declared quarterly distribution.
Somnigroup International (NYSE: SGI) reported record third-quarter 2025 results and raised full-year guidance. Net sales rose 63.3% to $2,122.6 million, driven by inclusion of Mattress Firm sales. Net income was $177.4 million and EPS was $0.83; adjusted EPS was $0.95. The Company generated record cash flow from operations of $408 million. Consolidated indebtedness totaled $4.7 billion with consolidated indebtedness less netted cash of $4.6 billion and trailing leverage of 3.28x. Management raised 2025 adjusted EPS guidance to $2.60–$2.75 and declared a quarterly dividend of $0.15 per share.
Mattress Firm (SGI) launched its seasonal Black Friday Sale running Oct 22–Dec 9, 2025, offering discounts across major sleep brands including Tempur-Pedic, Sealy, Stearns & Foster and Beautyrest. Key offers include king for the price of a queen and queen for the price of a twin, up to $300 instant gift on select premium brands, queen mattresses starting at $189.99 during a 72-hour sale window (10/25–10/27), a free adjustable base with qualifying purchases (up to $499.99 value), bundles on pillows/sheets/protectors, verified discounts for service groups, and multiple financing options including 0% for 36–72 months, up to 24 months special financing with 3% back, Affirm, and lease-to-own through Progressive. Delivery options include 2-hour nationwide delivery via DoorDash and HSA/FSA payment assistance.
Somnigroup (NYSE: SGI) will report third quarter 2025 financial results for the period ended September 30, 2025 before NYSE open on Thursday, November 6, 2025. The company will host a conference call at 8:00 a.m. Eastern Time the same day. The call will be webcast and accessible from the company's investor relations site at www.somnigroup.com, and a replay will remain available on the site for 30 days.
Somnigroup (NYSE:SGI) appointed Kindel Nuno to an expanded leadership role as Chief Human Resources Officer and General Counsel, effective October 9, 2025.
The company said combining the HR and legal roles will provide greater efficiency and agility at the parent-company level. Nuno brings an 18-year legal career and prior experience representing Mattress Firm and other clients, which the company said will support complex decision-making.
Somnigroup International (NYSE: SGI) has appointed Christopher Cook as an independent director to its Board of Directors, effective September 30, 2025. This appointment expands the board from seven to eight members.
Cook brings over 20 years of executive leadership experience in the retail sector. He founded Sleep Experts and served as its CEO from 2004 until its acquisition by Mattress Firm in 2014. Cook previously served as a Director of Mattress Firm from 2018 until Somnigroup's acquisition of Mattress Firm in early 2025.
Somnigroup International (NYSE:SGI) announced its participation in the 2025 Goldman Sachs Global Retailing Conference scheduled for September 3, 2025. CEO Scott Thompson provided a business update, confirming that the positive sales trends from early Q3 2025 are continuing, aligning with discussions from their Q2 earnings call.
The company expressed confidence in capitalizing on improved market conditions, though specific financial metrics were not disclosed in the announcement.
Somnigroup International (NYSE:SGI) has announced the appointment of Steve Rusing as the new President and Chief Executive Officer of Mattress Firm, effective August 14, 2025. Rusing, who previously served as President of Mattress Firm, expands his leadership role, replacing Scott Thompson who had been serving as interim CEO since February 2025.
Thompson, who remains Somnigroup's Chairman, CEO and President, praised Rusing's impact on Mattress Firm's direction and strategy, highlighting improved operational focus and solid performance under his leadership. The consolidation of the President and CEO roles aims to enhance leadership agility and organizational alignment.
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