SGI Q2 2025 Earnings
Reported Aug 7, 2025 at 6:38 AM ET · SEC Source
Q2 25 EPS
$0.53
MISS 22.97%
Est. $0.69
Q2 25 Revenue
$1.88B
MISS 5.74%
Est. $2.00B
vs S&P Since Q2 25
-8.3%
TRAILING MARKET
SGI +5.7% vs S&P +14.0%
Market Reaction
Did SGI Beat Earnings? Q2 2025 Results
Somnigroup International delivered a quarter defined more by transformation than triumph, missing Wall Street targets on both the top and bottom lines as the weight of its landmark Mattress Firm acquisition reshaped nearly every line of the income st… Read more Somnigroup International delivered a quarter defined more by transformation than triumph, missing Wall Street targets on both the top and bottom lines as the weight of its landmark Mattress Firm acquisition reshaped nearly every line of the income statement. Adjusted EPS of $0.53 fell short of the $0.69 consensus by 22.97%, while revenue of $1.88 billion, though up 52.5% year-over-year, trailed the $2.00 billion estimate by 5.74%, with the gap partly explained by a $263.50 million intercompany sales elimination required by acquisition accounting. Interest expense more than doubled to $72.50 million and a higher share count of 212.4 million diluted shares added further pressure to per-share profitability. Still, management signaled the integration is running ahead of schedule, raising full-year 2025 adjusted EPS guidance to a range of $2.40 to $2.70, and the company underscored its operational confidence by naming a new CEO at Mattress Firm to drive the combined business forward, even as tariff uncertainty and macroeconomic headwinds remain key risks to the outlook.
Key Takeaways
- • Mattress Firm acquisition contributed $948.8 million in sales
- • International net sales increased 15.0% driven by success of new product launches
- • Direct sales as a percent of net sales increased to 66% from 23%
- • Cost and sales synergies from Mattress Firm combination ahead of purchase assumptions
- • North America adjusted operating margin improved 430 basis points to 22.7%
- • Gross margin expanded to 44.0% from 42.0% year-over-year
SGI YoY Financials
Q2 2025 vs Q2 2024, source: SEC Filings
SGI Revenue by Segment
With YoY comparisons, source: SEC Filings
“We are pleased to report another solid quarter of market outperformance, driven by the successful combination with Mattress Firm, the North American launch of our new Sealy line, and another quarter of robust sales growth for our international business. We have made significant progress on bringing Mattress Firm into Somnigroup. Teams are aligned and we are realizing both cost and sales synergies ahead of our purchase assumptions.”
— Scott Thompson, Q2 2025 Earnings Press Release
SGI Earnings Trends
SGI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
SGI EPS Trend
Earnings per share: estimate vs actual
SGI Revenue Trend
Quarterly revenue: estimate vs actual
SGI Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 MISS FY | $0.67 | $0.66 | -1.76% | $1.87B | -3.23% |
| FY Full Year | $2.70 | $1.84 | -31.75% | $7.48B | -0.83% |
| Q3 25 BEAT | $0.85 | $0.95 | +11.76% | $2.12B | — |
| Q2 25 MISS | $0.69 | $0.53 | -22.97% | $1.88B | -5.74% |
| Q1 25 BEAT | $0.47 | $0.49 | +4.14% | $1.60B | -1.49% |