Somnigroup International to Participate in Financial Conference

Rhea-AI Summary

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.

News Market Reaction

+0.27%

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+0.27% News Effect

On the day this news was published, SGI gained 0.27%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Sept. 2, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE: SGI, "Company" or "Somnigroup") announced today that it will participate in group meetings at the 2025 Goldman Sachs Global Retailing Conference on September 3, 2025. The Company also shared that the sales trends experienced early in the third quarter have continued.

Somnigroup Chairman and CEO Scott Thompson commented, "Third quarter trends, as discussed on our second quarter earnings call, continue to be solid. We are confident in our ability to capitalize on improved market conditions."

Forward-Looking Statements

This press release contains statements that may be characterized as "forward-looking," within the meaning of the federal securities laws. Such statements might include information concerning one or more of the Company's plans, guidance, objectives, goals, strategies and other information that is not historical information. When used in this release, the words "assumes," "estimates," "expects," "guidance," "trends," "anticipates," "might," "projects," "plans," "targets," "intends," "believes," "will" and variations of such words or similar expressions are intended to identify forward-looking statements. These forward-looking statements include, without limitation, statements relating to future performance, the Company's expected quarterly results, full year guidance and outperformance relative to the broader industry, the macroeconomic environment including its impact on consumer behavior, adjusted EPS for 2025 and subsequent periods and the Company's expectations for sales and adjusted EPS growth. Any forward-looking statements contained herein are based upon current expectations and beliefs and various assumptions. There can be no assurance that the Company will realize these expectations, meet its guidance or that these beliefs will prove correct. The Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made.

About Somnigroup 

Somnigroup (NYSE: SGI) is the world's largest bedding company, dedicated to improving people's lives through better sleep. With superior capabilities in design, manufacturing, distribution and retail, we deliver breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide through our fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Our portfolio includes the most highly recognized brands in the industry, including Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's®, and our global omni-channel platform enables us to meet consumers wherever they shop, offering a personal connection and innovation to provide a unique retail experience and tailored solutions.

We seek to deliver long-term value for our shareholders through prudent capital allocation, including managing investments in our businesses. We are guided by our core value of Doing the Right Thing and committed to our global responsibility to protect the environment and the communities in which we operate. For more information, please visit www.Somnigroup.com.

Somnigroup Investor Relations Contact

Aubrey Moore
Investor Relations
Somnigroup International Inc.
800-805-3635
Investor.relations@somnigroup.com 

View original content:https://www.prnewswire.com/news-releases/somnigroup-international-to-participate-in-financial-conference-302543314.html

SOURCE Somnigroup International

FAQ

When is Somnigroup International (SGI) presenting at the Goldman Sachs Global Retailing Conference?

Somnigroup International will participate in group meetings at the Goldman Sachs Global Retailing Conference on September 3, 2025.

What did Somnigroup's CEO say about Q3 2025 sales trends?

CEO Scott Thompson indicated that Q3 sales trends continue to be solid, consistent with what was discussed during their Q2 earnings call.

Where can investors access Somnigroup's (SGI) conference presentation?

The press release does not specify access details for the conference presentation. Investors should check Somnigroup's investor relations website for potential webcast information.

What is Somnigroup's (SGI) guidance for 2025?

While the press release mentions guidance, no specific financial targets or guidance figures were disclosed in the announcement.