Somnigroup International Inc. filings document regulatory disclosures for a NYSE-listed bedding company with common stock trading under SGI. Form 8-K reports cover operating and financial results, financial guidance, quarterly cash dividends, Regulation FD investor presentations, and other material-event disclosures tied to its omnichannel bedding platform.
Proxy materials describe board and shareholder voting matters, executive compensation, equity awards and governance practices. Company disclosures also identify business segments such as Mattress Firm, Tempur Sealy North America and Tempur Sealy International, along with capital-structure information for its common stock.
Somnigroup International Inc. (SGI) reported third-quarter net sales of $2,350.8 million, up 10.8% from $2,122.6 million; $372.6 million came from Leggett & Platt during the period after its August 26, 2026 acquisition. Net income attributable to Somnigroup was $163.5 million, down from $177.4 million, and diluted EPS was $0.74 versus $0.83. Operating income was $297.4 million versus $314.7 million, while gross margin was 42.0% versus 44.9%.
Adjusted operating income, a non-GAAP measure, increased 6.0% to $364.2 million; adjusted net income increased 13.7% to $228.9 million, and adjusted diluted EPS increased 9.5% to $1.04. For the nine months ended September 30, 2026, net cash provided by operating activities was $831.9 million, compared with $700.7 million.
The company completed its acquisition of Leggett & Platt for approximately $730.0 million, net of $560.2 million cash acquired; total consideration of $1.3 billion included approximately 19.9 million common shares. At September 30, 2026, long-term debt, net, was $5,276.2 million, and the company reported compliance with all applicable debt covenants.
Somnigroup International Inc. (SGI) released an updated investor presentation for use in investor meetings. For the three months ended September 30, 2026, net sales were $2.351 billion, up 10.8% from a year earlier, while net income was $163.5 million, down 7.8%. Adjusted net income was $228.9 million, up 13.7%, and adjusted EBITDA was $447.5 million, up 6.8%. GAAP diluted EPS was $0.74, down 10.8%, while adjusted EPS was $1.04, up 9.5%.
For full-year 2026, the midpoint outlook is net sales of approximately $8.65 billion, adjusted EPS of $2.90 and adjusted EBITDA of $1.4 billion. Management expects the global bedding industry to be down mid-single digits in the year's second half. Somnigroup stated it was not reconfirming this guidance as of November 9, 2026, and assumed no obligation to update or revise it.
Somnigroup completed the Leggett & Platt acquisition on August 26, 2026. As of September 30, 2026, the company reported leverage of 2.7x and liquidity of approximately $1.1 billion.
Somnigroup International Inc. (SGI) reported third-quarter 2026 net sales of $2,350.8 million, up 10.8% year over year; results included $372.6 million in Leggett & Platt sales for the post-acquisition stub period after the acquisition closed on August 26, 2026. Net income attributable to Somnigroup fell 7.8% to $163.5 million and diluted EPS fell 10.8% to $0.74, while adjusted net income rose 13.7% to $228.9 million and adjusted EPS rose 9.5% to $1.04. Third-quarter cash flow from operations was $349 million.
Operating income fell 5.5% to $297.4 million, while adjusted operating income increased 6.0% to $364.2 million. For full-year 2026, Somnigroup revised adjusted EPS expectations to $2.85 to $2.95, an approximate 7% increase from 2025 adjusted EPS at the range midpoint. Leverage was 2.69 times for the trailing twelve months ended September 30, 2026; the 2023 Credit Agreement requires a ratio of less than 5.00 times.
The board declared a quarterly cash dividend of $0.17 per share, payable December 7, 2026, to shareholders of record as of November 23, 2026.
Somnigroup International Inc. completed its acquisition of Leggett & Platt on August 26, 2026, with estimated total consideration of $1.290 billion. The transaction included 19,877,512 Somnigroup shares; each eligible Leggett & Platt share converted into a right to receive 0.1455 Somnigroup shares, plus cash for fractional shares when applicable. The defined Merger Consideration was $1.274 billion, including stock valued at $64.09 per share.
Unaudited pro forma combined net sales, net income attributable to Somnigroup and diluted EPS were $5.425 billion, $270 million and $1.16, respectively, for the six months ended June 30, 2026; for 2025, they were $11.534 billion, $523 million and $2.28. The pro forma statements treat the merger as effective January 1, 2025, exclude anticipated cost savings and are not necessarily indicative of future results. The pro forma June 30, 2026 balance sheet lists $15.425 billion in total assets and $5.575 billion in long-term debt, net. The preliminary purchase-price allocation could differ materially from final amounts; Somnigroup expects to complete it no later than one year from closing.
SOMNIGROUP INTERNATIONAL INC. (symbol: SGI) is the issuer of record for a Form 4 filing submitted to the SEC.
SOMNIGROUP INTERNATIONAL INC. (SGI) reported that James Tyson Hagale, an officer with the title "President - Leggett & Platt," filed an initial Form 3 as a reporting person of the company. The submission lists no transactions and does not report any current equity holdings in SGI by the reporting person.
SOMNIGROUP INTERNATIONAL INC. (SGI) reported that Karl G. Glassman, an officer, acquired multiple equity interests on 2026-08-26 in connection with SGI’s merger with Leggett & Platt. Leggett equity awards and shares were converted into SGI common stock, restricted stock units, cash-settled RSUs and stock options with future vesting and settlement dates.
SOMNIGROUP INTERNATIONAL INC. (SGI) received an initial insider ownership report on Form 3 from Karl G. Glassman, who is identified as an officer with the title "CEO - Leggett & Platt." The filing lists no transactions or current holdings of SGI securities, indicating a baseline disclosure of his reporting status.
SOMNIGROUP INTERNATIONAL INC. (SGI) reports that CEO and President Thompson Scott L purchased 30,000 shares of common stock on 2026-08-27 in an open-market or private transaction at a weighted average price of $62.8438 per share. After this purchase, he directly holds 4,123,634 shares of SGI common stock. The purchase price reflects multiple trades executed between $62.47 and $63.06 per share.
Somnigroup International Inc. (SGI) completed its all-stock acquisition of Leggett & Platt, Incorporated, making Leggett & Platt a wholly owned subsidiary. Each Leggett & Platt share was converted into the right to receive 0.1455 Somnigroup shares, with cash in lieu of fractional shares, in a transaction valued at approximately $2.3 billion including existing indebtedness. Former Leggett & Platt shareholders now own about 9% of the combined company on a fully diluted basis.
Somnigroup reports that the deal reduces its net financial leverage by about 0.2x to roughly 2.8x adjusted EBITDA and has increased its annual run-rate synergy target to $75 million from an initial $50 million. About $1.5 billion of Leggett & Platt senior notes remain outstanding as a direct obligation, and Somnigroup expects approximately $50 million in annual non-cash fair value expense affecting cost of goods sold and $10 million in annual non-cash expense from the fair value adjustment of acquired bonds, both anticipated to be treated as financial adjustments under its credit facility. Leggett & Platt will be a new reporting segment, and Tyson Hagale has been appointed President of Leggett & Platt.