Somnigroup International stock reports record Q2 and holds 2026 outlook

Published on 10/07/2026 at 06:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Somnigroup International stock posted adjusted EPS of USD 0.58 in Q2 2026, up 9 percent year over year. Full-year adjusted EPS guidance stays at USD 2.85-3.15.

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Somnigroup International (ISIN US88023U1016) was last at USD 62.74 on the NYSE on October 6, 2026 at 4:00 p.m. ET, up 0.72 percent from the prior close. The bedding company followed its record Q2 2026 performance with unchanged full-year adjusted EPS guidance of USD 2.85-3.15, according to Benzinga.

Record quarter supports guidance

Somnigroup reported Q2 2026 net sales of USD 1.8 billion, adjusted EBITDA of USD 297 million and adjusted EPS of USD 0.58. Adjusted EPS rose 9 percent from the prior year, while the company described the quarter as a record period in its earnings call.

The operating mix was uneven. North American adjusted gross margin increased 680 basis points to 61.8 percent, while Mattress Firm adjusted gross margin declined 240 basis points to 33.3 percent, according to Investing.com.

Cash flow and integration matter

Operating cash flow reached USD 236 million in the first half of 2026, while free cash flow totaled USD 182 million. Management also said net debt had fallen by more than USD 500 million over the trailing 12 months, giving the Leggett and Platt combination a clearer balance-sheet context.

The strategic case rests on vertical integration, retail scale and margin improvement. Somnigroup says it operates Tempur Sealy, Mattress Firm, Leggett and Platt, and Dreams across more than 100 countries, according to its investor resources.

Analysts see upside

The consensus on Investing.com is Strong Buy from 10 analysts, with an average 12-month target of USD 93.44, a high of USD 105.00 and a low of USD 80.00. The average target lies 48.9 percent above the USD 62.74 price, making the gap between current valuation and expectations the central market question.

Stock remains below yearly high

Somnigroup International was last at USD 62.74 on the NYSE on October 6, 2026. Its 52-week range was USD 60.08-98.56, and its market capitalization was USD 13.2 billion.