Somnigroup now expects 2026 adjusted EPS between $2.85 and $3.15.
Company says outlook is subject to risks from tariffs, geopolitical events and macroeconomic uncertainty.
Store closures - Mattress Firm net sales declined due to store closures, though same-store sales were slightly up.
Synergies and efficiencies - Tempur Sealy North America gross margin improved, driven by synergies from the Mattress Firm acquisition, operational efficiencies and product mix.
Input cost pressure - International gross margin declined due to commodity cost inflation before pricing actions, partly offset by operational efficiencies.
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell". The average consensus recommendation for the home furnishings peer group is "buy". Wall Street’s median 12-month price target for Somnigroup International Inc. is $95.00, about 36.5% above its August 5 closing price of $69.58. The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 22 three months ago.
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