Somnigroup Q2 FY26 EPS rises 10.6% to $0.52; net sales fall 3% to $1.82 billion - SGI News | RalliesSomnigroup Q2 FY26 EPS rises 10.6% to $0.52; net sales fall 3% to $1.82 billion
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SGI• Q2 results and margins improve despite lower sales
- Somnigroup posted Q2 net income up 12% to $110.9 million; diluted EPS rose 10.6% to $0.52.
- Net sales fell 3% to $1.82 billion; gross margin widened 0.8 percentage point to 44.8%.
- Operating income climbed 12.1% to $201.7 million; operating cash flow hit a Q2 record of $236 million.
- Leverage declined to 2.99x at June 30; total debt stood at $4.4 billion.
- Guidance shifted to adjusted EPS (non-GAAP) of $2.85-$3.15 for 2026; Leggett & Platt deal targets close by end-Q3.
