07:04 AM EDT, 08/07/2025 (MT Newswires) -- Somnigroup International ( SGI ) reported Q2 adjusted earnings Thursday of $0.53 per diluted share, down from $0.63 a year earlier.
Analysts polled by FactSet expected $0.51.
Net sales for the quarter ended June 30 were $1.88 billion, compared with $1.23 billion a year earlier.
Analysts surveyed by FactSet expected $1.89 billion.
For 2025, the mattress and bedding products manufacturer raised adjusted EPS guidance to $2.40 to $2.70 from a previous range of $2.30 to $2.65. Analysts polled by FactSet expect $2.49.
The company announced a quarterly cash dividend of $0.15 per share, payable on Sept.5 to shareholders of record as of Aug. 21.