Quarterly ResultAug 6, 2026, 06:42 AM
Somnigroup Q2 EPS $0.52 (+10.6%); Declares $0.17 Dividend
AI Summary
Somnigroup International Inc. reported its second quarter 2026 financial results, with diluted EPS increasing 10.6% to $0.52 and adjusted EPS up 9.4% to $0.58. Net sales decreased 3.0% to $1,823.5 million, while net income rose 12.0% to $110.9 million. The company also revised its full-year 2026 adjusted EPS guidance to a range of $2.85 to $3.15 and declared a quarterly cash dividend of $0.17 per share. Additionally, it provided an update on the proposed acquisition of Leggett & Platt.
Key Highlights
- Diluted EPS increased 10.6% to $0.52 for Q2 2026.
- Adjusted EPS rose 9.4% to $0.58 in Q2 2026.
- Net sales decreased 3.0% to $1,823.5 million in Q2 2026.
- Net income increased 12.0% to $110.9 million for Q2 2026.
- Revised full-year 2026 adjusted EPS guidance to $2.85-$3.15.
- Declared a quarterly cash dividend of $0.17 per share.
- Leverage ratio was 2.99 times for trailing twelve months ended June 30, 2026.
- Proposed acquisition of Leggett & Platt valued at approximately $2.5 billion.
Price Impact
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