Investor presentation outlines bedding platform and capital allocation
Somnigroup outlined a vertically integrated bedding platform spanning design, manufacturing, logistics, wholesale, e-commerce, and more than 2,800 retail stores.
Direct-to-consumer sales reached 66% of total sales in 2Q26, up from 25% in 2023 following the Mattress Firm acquisition.
Mattress Firm footprint exceeds 2,100 owned stores across 45 states, supported by e-commerce reaching more than 75 million annual website visitors.
Management expects Somnigroup brands and private label to represent a mid-60s share of Mattress Firm 2026 sales.
Capital allocation recap for 2020-2025: USD 2 billion share repurchases, more than USD 400 million dividends, USD 1 billion plant investment, USD 5.6 billion M&A leverage target 2x-3x.
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