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) generates frequent news as a large bedding company with global operations, recognized brands and an active capital markets presence. Company updates often emphasize its role in designing, manufacturing, distributing and retailing sleep products through businesses such as Tempur Sealy, Mattress Firm and Dreams, and through brands including Tempur-Pedic, Sealy, Stearns & Foster and Sleepy's.
News coverage for Somnigroup commonly includes quarterly earnings announcements, where the company reports consolidated net sales, margins, segment performance and cash flow metrics. These releases also discuss trends in its Mattress Firm, Tempur Sealy North America and Tempur Sealy International segments, including shifts between wholesale and direct channels and the impact of acquisitions or divestitures.
Investors will also find dividend declarations and capital allocation updates, as Somnigroup has disclosed regular quarterly cash dividends on its common stock and amendments to its credit agreements. Governance and leadership developments, such as the appointment of a new independent director or changes in executive roles, are typically reported through press releases and corresponding Form 8-K filings.
Another important category of news involves strategic transactions and proposals. Somnigroup has reported on its completed acquisition of Mattress Firm Group Inc. and has announced a non-binding, all-stock proposal to acquire Leggett & Platt Incorporated, with details on proposed terms and expected benefits for stakeholders.
For readers tracking SGI, this news feed offers a centralized view of financial results, corporate actions, leadership changes and strategic initiatives described in Somnigroup’s own disclosures. Returning to this page allows investors and followers to review how the company communicates its performance and plans over time.
Mattress Firm (NYSE:SGI) has announced a significant partnership with the National Women's Shelter Network (NWSN) to support women, children, and families experiencing homelessness. The partnership includes financial donations, sleep products, and employee volunteering initiatives across NWSN's network of 400 shelters that provide over 9 million free shelter bed nights and 24 million meals annually.
The first activation begins in Seattle on August 6, 2025, where 30 Mattress Firm volunteers will help prepare a transitional shelter home. Customers can contribute through donations at any of Mattress Firm's 2,200+ retail stores nationwide, with all proceeds going directly to NWSN.
Mattress Firm (NYSE:SGI) has launched its Best Sale of the Year campaign, featuring significant discounts and promotions running from July 30 to September 30, 2025. The sale coincides with the debut of their new 'Sleep Easy' brand campaign focused on simplifying better sleep solutions.
Key offers include: king beds at queen prices, queen beds at twin prices, savings up to $700 on select mattresses, free adjustable base with qualifying purchases, and up to 60% off with queen mattresses starting at $169.99. The company is also offering special financing with 3% cash back on purchases over $1,999 and exclusive discounts of 10-20% for military, teachers, students, healthcare workers, and first responders.
Mattress Firm has released its latest Sleep Index survey, conducted by Harris Poll, revealing crucial insights about sleep's role in relationships. The study shows that while 85% of married Americans recommend including sleep-related items in wedding registries, only 36% of couples actually did so.
Key findings include: 94% of married people agree better sleep leads to better relationships, 65% of engaged couples want a bigger bed, and only 37% of bed-sharing couples go to sleep simultaneously. Generational differences are notable, with 43% of Gen Z considering separate beds for better rest, while 81% report cuddling helps them sleep better.
Somnigroup (NYSE:SGI) has scheduled its Q2 2025 financial results announcement for August 7, 2025, before market open. The company will host a conference call at 8:00 a.m. Eastern Time to discuss the results.
Investors can access the live webcast through Somnigroup's investor relations website. A replay of the webcast will be available on the website for 30 days following the call.
Somnigroup International (NYSE: SGI) has extended CEO Scott Thompson's employment contract through December 31, 2029. Under Thompson's leadership since 2015, SGI's share price has surged by over 250%, outperforming both S&P 500 and Russell 2000 indexes.
The extension includes a stock option award of 1.2 million shares in three tranches with increasing strike prices, and a $10 million transaction bonus for the successful Mattress Firm acquisition. During Thompson's tenure, the company has returned approximately $3 billion to shareholders through dividends and share repurchases while strengthening its global competitive position.
Affirm (NASDAQ: AFRM) has announced a strategic partnership with Mattress Firm, the largest mattress specialty retailer in the United States. The collaboration enables customers to use Affirm's flexible payment solutions both online at MattressFirm.com and across 2,200+ Mattress Firm stores nationwide.
The integration comes ahead of Mattress Firm's Memorial Day sale. Customers can access biweekly and monthly payment plans with 0% APR options and no late or hidden fees. The application process is streamlined: in-store customers receive a smartphone link from associates, while online shoppers can select Affirm at checkout, followed by a quick eligibility check.
This partnership expands Affirm's merchant network while providing Mattress Firm customers with transparent financing options for their sleep-related purchases.