Somnigroup International Inc - Company Profile
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Somnigroup International Inc (Somnigroup), formerly Tempur Sealy International Inc, designs, manufactures, distributes, and retails bedding products. It operates retail stores under the banners of Mattress Firm, Dreams, Tempur-Pedic, and SOVA. The company offers a range of sleep solutions, including mattresses, pillows, foundations, and other bedding products. It offers products under Tempur-Pedic, Sealy, Posturepedic, Stearns & Foster, Sleep Outfitters, Sleep Solutions Outlet, Dreams, Stearns & Foster, and Sleepy’s brands. It distributes products through retail and other distribution channels, which include third party distribution, hospitality, healthcare, company-owned stores, e-commerce, and call centers. The company has business operation in the Americas, Asia-Pacific, and Europe. Somnigroup is headquartered in Dallas, Texas, the US.
Headquarters
United States of America
Address
1000 Tempur Way, Lexington, Kentucky, 40511
Website
somnigroup.com
Telephone
1 800 8788889
No of Employees
19,000
Industry
Retailing
Ticker Symbol & Exchange
SGI (NYSE)
Revenue (2024)
$7.5B
51.6%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-0.1%
(2024 vs 2023)
Market Cap*
$14.0B
Net Profit Margin (2024)
XYZ
-34.0%
(2024 vs 2023)
* As of and is in US$
Somnigroup International Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Product:- | - | Tempur |
| Mattresses | Designing | Tempur-Pedic |
| Pillows | Manufacturing | Dreams |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In June, the company announced plans to acquire SengeSpecialisten (SENG) from Lars Larsen Group for US$7.5 million. |
| 2026 | Contracts/Agreements | In April, the company entered into an agreement to acquire Leggett & Platt for US$2.5 billion. |
| 2025 | Acquisitions/Mergers/Takeovers | In October, the company acquired a minority stake in Kingsdown. |
Competitor Comparison
| Key Parameters | Somnigroup International Inc | Leggett & Platt Inc | Sleep Number Corp | Purple Innovation Inc | Flexsteel Industries Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Lexington | Carthage | Minneapolis | Lehi | Dubuque |
| State/Province | Kentucky | Missouri | Minnesota | Utah | Iowa |
| No. of Employees | 19,000 | 15,900 | 3,654 | 1,100 | 1,400 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Scott L. Thompson | President; Chief Executive Officer; Chairman | Executive Board | 2015 | 67 |
| Bhaskar Rao | Chief Financial Officer; Executive Vice President | Senior Management | 2017 | 60 |
| Kindra Bellis | Chief Information Officer | Senior Management | 2016 | - |
| Thomas A. Murray | Chief Marketing Officer; Executive Vice President - Special Projects | Senior Management | 2026 | - |
| Kindel Nuno | Executive Vice President; General Counsel; Chief Human Resources Officer | Senior Management | 2025 | 46 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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