Every material Form 8-K Somnigroup International filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Somnigroup completed its all-stock acquisition of Leggett & Platt on August 26, 2026, a transaction the company values at about $2.3 billion including Leggett & Platt's existing debt. Former Leggett & Platt shareholders now own about 9% of the combined company on a fully diluted basis, which dilutes existing Somnigroup holders, while the company reports leverage reduced by about 0.2 times and a higher synergy target.
Merger closed August 26, 2026 under an agreement dated April 13, 2026; Leggett & Platt is now a wholly owned subsidiary.
Each Leggett & Platt share converted into 0.1455 Somnigroup shares; former Leggett & Platt shareholders own about 9% of the combined company.
Annual run-rate synergy target raised to $75 million from the initial $50 million; net leverage reduced by about 0.2 times.
The company expects about $50 million of annualized non-cash expense from fair value adjustments to the acquired business and about $10 million from the acquired bonds; $1.5 billion of Leggett & Platt notes remain outstanding.
Somnigroup reported second-quarter 2026 net sales down 3.0% to $1.82 billion, while diluted EPS rose 10.6% to $0.52 and adjusted EPS rose 9.4% to $0.58. The company also revised its full-year 2026 adjusted EPS outlook to a range of $2.85 to $3.15, and declared a $0.17 quarterly dividend, so shareholders see weaker sales alongside higher earnings and a changed forecast.
Q2 2026 net sales decreased 3.0% to $1,823.5 million from $1,880.8 million a year earlier; Mattress Firm net sales fell 2.8%, mainly from store closures
Q2 2026 diluted EPS rose 10.6% to $0.52; adjusted EPS rose 9.4% to $0.58; net income rose 12.0% to $110.9 million
Full-year 2026 adjusted EPS guidance revised to $2.85 to $3.15, about an 11% increase from 2025 adjusted EPS at the midpoint
Quarterly cash dividend of $0.17 per share, payable September 3, 2026, to holders of record on August 20, 2026
On July 27, 2026, Somnigroup entered into Amendment No. 5 to its 2023 Credit Agreement, providing a $1.2 billion term loan A and a $510 million incremental revolving commitment, with the revolver totaling $1.7 billion after the amendment. The company used $700 million to prepay part of its 2025 Term B loans and said the refinancing reduces expected annual interest expense by approximately $5 million, while the amendment also adjusts terms tied to its anticipated acquisition of Leggett & Platt.
Term loan A of $1.2 billion and revolving credit facility of $1.7 billion both mature July 27, 2031
$700 million prepayment of outstanding 2025 Refinancing Term B Loans
Company expects approximately $5 million lower annual interest expense
Amendment modifies terms for the anticipated Leggett & Platt, Incorporated acquisition and allows collateral release upon an Investment Grade Rating
Somnigroup reported first quarter 2026 net sales of $1,801.5 million, up 12.3%, mainly because Mattress Firm was included for a full quarter. Diluted EPS was $0.49, compared with a loss of $(0.17) a year earlier, and adjusted EPS rose 20.4% to $0.59. The company reaffirmed its 2026 adjusted EPS guidance of $3.00 to $3.40, which it said is about a 19% increase at the midpoint over 2025.
Net sales rose 12.3% to $1,801.5 million from $1,604.7 million; Mattress Firm contributed a full quarter versus February 5 to March 31 in 2025.
Diluted EPS was $0.49 versus a loss of $(0.17); adjusted EPS rose 20.4% to $0.59.
Mattress Firm adjusted gross margin declined 360 basis points to 31.5%, which the company attributed to promotional spending, product mix and fixed cost deleverage.
The board declared a quarterly cash dividend of $0.17 per share, payable June 4, 2026, to holders of record on May 21, 2026.
On April 13, 2026, Somnigroup signed a merger agreement under which Merger Sub will merge into Leggett & Platt, which would survive as a wholly owned Somnigroup subsidiary. Each Leggett & Platt share would convert into 0.1455 Somnigroup shares, so the deal would issue new Somnigroup stock and affect existing Somnigroup holders' ownership. Closing requires Leggett & Platt stockholder approval, antitrust and other regulatory clearances, and an effective Form S-4, and the boards of both companies have unanimously approved the deal.
Each Leggett & Platt common share would convert into 0.1455 shares of Somnigroup common stock, plus cash in lieu of fractional shares.
Closing requires Leggett & Platt stockholder approval, Hart-Scott-Rodino clearance, and NYSE listing approval for the new Somnigroup shares.
Leggett & Platt would pay Somnigroup a $64 million termination fee in specified cases; Somnigroup would pay Leggett & Platt $80 million in specified antitrust-related cases.
Either party may terminate if the merger is not completed before January 13, 2027, subject to extensions to as late as April 13, 2028.
Somnigroup reported fourth-quarter 2025 net sales of $1.87 billion, up 54.7%, with diluted EPS up 65.0% to $0.66, largely due to the inclusion of Mattress Firm, which it acquired on February 5, 2025. The company guided 2026 adjusted EPS to $3.00 to $3.40 and raised its quarterly dividend 13% to $0.17 per share, payable March 19, 2026, while full-year 2025 GAAP EPS fell 14.8% to $1.84.
Q4 2025 net sales rose 54.7% to $1,868.4 million; diluted EPS rose 65.0% to $0.66; adjusted EPS rose 20.0% to $0.72.
Full-year 2025 diluted EPS was $1.84, down 14.8% from $2.16; full-year adjusted EPS was $2.70, up 5.9%.
2026 adjusted EPS guidance is $3.00 to $3.40, about a 19% increase at the midpoint over 2025 adjusted EPS.
Quarterly dividend increased to $0.17 per share, payable March 19, 2026, to holders of record on March 5, 2026.
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Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Somnigroup International filing is on SEC EDGAR ↗. 8-K briefs of other companies →