Somnigroup Q1 sales up 34.9% to $1.6 billion, but swings to $33.1 million net loss
Somnigroup reported first quarter 2025 net sales of $1,604.7 million, up 34.9%, driven largely by the February 5, 2025 Mattress Firm acquisition. The company swung to a net loss of $33.1 million, or $0.17 per diluted share, from net income of $76.3 million, or $0.43 per share, a year earlier, and revised its full-year 2025 adjusted EPS expectations to a range of $2.30 to $2.65.
Key points
- Q1 net sales rose 34.9% to $1,604.7 million, including $593.7 million from Mattress Firm for the February 5 to March 31 stub period.
- Net loss was $33.1 million (loss of $0.17 per diluted share) versus net income of $76.3 million ($0.43 per share) in Q1 2024; operating income fell to $13.2 million from $131.5 million.
- Adjusted EPS was $0.49 versus $0.50 a year earlier; the company revised its full-year 2025 adjusted EPS range to $2.30 to $2.65.
- Board declared a quarterly cash dividend of $0.15 per share, payable June 5, 2025, to holders of record on May 22, 2025.
The filing
Written by AI on Nov 8, 2026, 1:12 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 08, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.