Somnigroup quarterly sales surge 10.8% to $2.35 billion

Somnigroup International (NYSE:SGI) reported third-quarter 2026 net sales of US$2.351 billion, up 10.8% year-over-year, including contributions from its completed Leggett & Platt acquisition.

The acquired business contributed US$372.6 million in sales from August 26 through September 30, while GAAP diluted earnings per share declined 10.8% to US$0.74 and adjusted EPS increased 9.5% to US$1.04.

Operating cash flow reached US$349 million, while trailing-twelve-month leverage improved to 2.69 times from 3.28 times a year earlier.

Mattress Firm and Tempur Sealy North America sales each declined 5.8%, while International sales fell 12.3%, including a 34.7% decline at Dreams following operational disruption from a new business-management system.

Somnigroup revised its 2026 adjusted EPS outlook to US$2.85–US$2.95, approximately 7% above 2025 at the midpoint, while its post-announcement share-price reaction was not provided in the supplied results.

The company's third-quarter performance included contributions from its Mattress Firm, Tempur Sealy North America and International businesses, which experienced differing sales trends during the period.

The Leggett & Platt acquisition added US$372.6 million in revenue during its first partial quarter under Somnigroup ownership, expanding the company's operations and contributing to its reported sales growth.