Somnigroup International Inc. (SGI)
The company now
Somnigroup completed its all-stock acquisition of Leggett & Platt on 26 August 2026 2. The deal was valued at about $2.3 billion including Leggett & Platt's debt, and former Leggett & Platt shareholders own about 9 percent of the combined company 3.
The combined company operates over 170 manufacturing facilities in 37 countries with more than 36,000 colleagues, and Leggett & Platt becomes a new reporting segment 3. Somnigroup raised its yearly savings target from the combination to $75 million from $50 million 3.
The last quarter reported before the close, the second quarter of 2026, brought net sales of $1,823.5 million, down 3.0 percent, and net income of $110.9 million, up 12.0 percent 1. Mattress Firm sales fell 2.8 percent, mainly because of store closures 1.
Third-quarter results, the first to follow the close, are due before the market opens on 9 November 2026 7. Leggett & Platt's own financial statements and pro forma figures are to be filed by amendment within 71 days 2.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.