SGI · Somnigroup International Inc

Summary

Somnigroup International Inc. reported Q1 2026 results with net sales up 12.3% to $1.8 billion, adjusted EPS up 20% to $0.59, reaffirmed full-year adjusted EPS guidance of $3.00-$3.40, declared $0.17 quarterly dividend, and announced Leggett & Platt acquisition.

Key takeaways

• Q1 2026 net sales $1,801.5 million, up 12.3% from $1,604.7 million prior year.
• Adjusted EPS $0.59, up 20.4% from $0.49, with GAAP EPS $0.49 vs prior loss $(0.17).
• Full-year 2026 adjusted EPS guidance $3.00-$3.40, implying ~19% growth from 2025 midpoint.
• Quarterly dividend $0.17 per share, payable June 4, 2026 to record May 21, 2026 holders.
• Signed $2.5 billion all-stock deal to acquire Leggett & Platt, expected close year-end 2026.
• Record Q1 operating cash flow $246 million; leverage 3.07x adjusted EBITDA.