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Somnigroup reports 11% sales rise in Q3, adjusted EPS up 9.5% post Leggett & Platt acquisition

Company Fundamentals
09 Nov 2026, 13:36 WIB
PRNewsWire
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Bullish
Somnigroup reports 11% sales rise in Q3, adjusted EPS up 9.5% post Leggett & Platt acquisition

Somnigroup International Inc. reported a 10.8% increase in third-quarter net sales to $2.35 billion, driven by its acquisition of Leggett & Platt. Adjusted earnings per share rose 9.5% to a record $1.04, despite a 10.8% decline in GAAP EPS to $0.74 due to acquisition-related costs. The company improved leverage and cash flow, and raised its full-year adjusted EPS guidance by about 7%. Somnigroup's strategic acquisitions and investments aim to strengthen its market position and support long-term growth.

As of Nov 09, 2026 18:51 WIB, Somnigroup International Inc. (SGI) shares trade at USD 58.85 on Pluang, down 8.29% for the day. The stock's market cap stands at $14.77 billion with a dividend yield of 1.06%. This notable price drop contrasts with the company's record third-quarter adjusted earnings per share reported in the news.

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