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.
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.
Fullpower-AI (NYSE:SGI) has secured a significant 10-year global licensing agreement with Tempur Sealy International for its KOA Sleeptracker-AI Large Action Model platform. The partnership includes a $25 million Series C investment from Tempur Sealy, valuing Fullpower-AI at $160 million.
The agreement extends the deployment of Fullpower-AI's Sleeptracker-AI technology across Tempur-Pedic's smartbed ecosystem, which has already equipped over 300,000 smartbeds. The technology provides real-time biosensing, personalized sleep insights, and health guidance, transforming Tempur smartbeds into intelligent wellness systems.
Somnigroup International (NYSE:SGI) has strengthened its partnership with Fullpower-AI through a strategic equity investment and extended collaboration. The company is investing $25 million to acquire a 15.6% stake in Fullpower-AI, a biosensing AI solutions provider.
The partnership extension through 2036 grants Tempur Sealy, Somnigroup's wholly-owned business, exclusive rights to embed Fullpower's Sleeptracker-AI technology in its products. This technology has already powered TEMPUR-Ergo Smart Base collection for over 250 million nights of sleep since 2019, providing valuable consumer sleep data and insights.
Somnigroup (NYSE:SGI) has announced its third quarter cash dividend of $0.15 per share on its common stock. The dividend will be paid on September 5, 2025, to shareholders who are on record as of August 21, 2025.
Somnigroup International (NYSE:SGI) reported strong Q2 2025 results with net sales increasing 52.5% to $1.88 billion, primarily driven by the inclusion of $948.8 million from Mattress Firm acquisition. The company's gross margin improved to 44.0% from 42.0% year-over-year. Operating income rose 3.8% to $179.9 million, while net income decreased 6.7% to $99.0 million.
Direct sales significantly increased to 66% of net sales compared to 23% in the previous year. The company raised its full-year 2025 adjusted EPS guidance to $2.40-$2.70. The Board declared a quarterly dividend of $0.15 per share, payable on September 5, 2025.
The Mattress Firm integration is progressing ahead of plan, with both cost and sales synergies exceeding purchase assumptions. International business showed robust growth with net sales increasing 15.0% to $293.6 million.
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