SGI

Tractor Supply Company TSCO is likely to register increases in the top and bottom lines when it reports second-quarter 2026 results on June 23, before market open. The Zacks Consensus Estimate for revenues is pegged at $4.6 billion, indicating a 4.6% jump from the year-ago reported figure.The bottom line of the leading rural lifestyle retailer in the United States is expected to have risen year over year. The Zacks Consensus Estimate for earnings per share has been moved down by a penny to 85 cents in the past 30 days, indicating a 4.9% rise from the year-ago period’s reported figure.Tractor Supply has a negative trailing four-quarter earnings surprise of 3.7%, on average. In the last reported quarter, this Brentwood, TN-based company’s earnings missed the Zacks Consensus Estimate by 11.4%. Tractor Supply Company price-eps-surprise | Tractor Supply Company Quote Tractor Supply’s second-quarter 2026 results are expected to reflect higher expenses for a while. The company expects an increase in SG&A expenses due to deleveraged fixed costs and an accelerated store opening cadence. On the last reported quarter’s earnings call, management anticipated higher SG&A deleverage in the first half, owing to the timing of store openings, more normalized incentive compensation and the lapping of earlier strategic investments.Our model indicates a 7.6% year-over-year increase in SG&A expenses for the second quarter, with the SG&A expense rate rising 50 basis points to 21.7%. Depreciation and amortization expenses are expected to increase 5.2% year over year.Tractor Supply also faces headwinds from soft discretionary spending, pressured rural consumer demand and cautious big-ticket purchases. Persistent inflation and interest rates are weighing on traffic and ticket sizes, while weather volatility impacts seasonal categories. Margin pressure from elevated labor, freight and promotional activity remains concerning. Slower farm income trends and increased competition add to near-term uncertainty.However, Tractor Supply has been gaining from consistent market share expansion and positive customer trends. In addition, the company benefits from the execution of its everyday low-price strategy. Tractor Supply is focused on its Life Out Here lifestyle assortment and convenient shopping format to attract customers and expand market share. The strategy is essentially based on five k...

DALLAS, July 15, 2026 /PRNewswire/ -- Somnigroup International, Inc. (NYSE: SGI) ("Company" or "Somnigroup") will release its financial results for the second quarter ended June 30, 2026, before the NYSE opening of regular trading on Thursday, August 6, 2026. The Company will hold a conference call at 8:00 a.m. Eastern Time. The call will be webcast and can be accessed on the Company's investor relations website at www.somnigroup.com. After the conference call, a webcast replay will remain available on the website for 30 days. About Somnigroup Somnigroup (NYSE: SGI) is the world's leading bedding company, dedicated to transforming how the world sleeps. With superior capabilities in design, manufacturing, distribution and retail, we deliver breakthrough sleep solutions and serve the evolving needs of consumers in more than 100 countries worldwide through our fully-owned businesses, Tempur Sealy, Mattress Firm and Dreams. Our portfolio includes the most highly recognized brands in the industry, including Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's®, and our global omni-channel platform enables us to meet consumers wherever they shop, offering a personal connection and innovation to provide a unique retail experience and tailored solutions. Somnigroup Investor Relations Contact Lauren AvrittInvestor RelationsSomnigroup International [email protected] View original content:https://www.prnewswire.com/news-releases/somnigroup-to-report-second-quarter-2026-financial-results-302825115.html

Looking back on consumer discretionary - home furnishings stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Somnigroup (NYSE:SGI) and its peers. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Home furnishings companies design, manufacture, and sell furniture, décor, bedding, and related household products for residential and commercial spaces. Tailwinds include e-commerce expansion enabling broader distribution, continued remote-work trends sustaining home improvement interest, and premiumization as consumers invest in living spaces. However, headwinds are considerable: demand is closely tied to housing market activity, and rising mortgage rates have slowed home sales—a key purchase trigger. Bulky products carry high shipping costs and complex logistics. Intense competition from low-cost imports and mass-market retailers compresses margins, while consumer spending on furnishings is among the first categories deferred during economic downturns. The 5 consumer discretionary - home furnishings stocks we track reported a slower Q1. As a group, revenues missed analysts’ consensus estimates by 2% while next quarter’s revenue guidance was 2.8% below. While some consumer discretionary - home furnishings stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 3.7% since the latest earnings results. Established through the merger of Tempur-Pedic and Sealy in 2012, Somnigroup (NYSE:SGI) is a bedding manufacturer known for its innovative memory foam mattresses and sleep products Somnigroup reported revenues of $1.80 billion, up 12.3% year on year. This print fell short of analysts’ expectations by 1.6%. Overall, it was a slower quarter for the company with a miss of analysts’ adjusted operating income estimates and full-year EPS guidance slightly missing anal...

What a brutal six months it’s been for Somnigroup. The stock has dropped 25.8% and now trades at $68.78, rattling many shareholders. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation. Is there a buying opportunity in Somnigroup, or does it present a risk to your portfolio? Dive into our full research report to see our analyst team’s opinion, it’s free. Even though the stock has become cheaper, we’re swiping left on Somnigroup for now. Here are three reasons why SGI doesn’t excite us, plus one stock we’d rather own. A company’s long-term sales performance can indicate its overall quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Over the last five years, Somnigroup grew its sales at a 14.5% annual rate. Although this growth is acceptable on an absolute basis, it fell short of our standards for the consumer discretionary sector, which enjoys a number of secular tailwinds. If you’ve followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can’t use accounting profits to pay the bills. Over the next year, analysts’ consensus estimates show they’re expecting Somnigroup’s free cash flow margin of 9.6% for the last 12 months to remain the same. ROIC, or return on invested capital, is a metric showing how much operating profit a company generates relative to the money it has raised (debt and equity). We like to invest in businesses with high returns, but the trend in a company’s ROIC is what often surprises the market and moves the stock price. Over the last few years, Somnigroup’s ROIC has unfortunately decreased significantly. Paired with its already low returns, these declines suggest its profitable growth opportunities are few and far between. We cheer for all companies serving everyday consumers, but in the case of Somnigroup, we’ll be cheering from the sidelines. After the recent drawdown, the stock trades at 21.5× forward P/E (or $68.78 per share). This valuation tells us a lot of optimism is priced in - we think other companies feature superior fundamentals at the moment. Let us point you toward one of our top digital advertising picks. ALSO WORTH WATCHING: Top 5 Momentum Stocks. The best time to own a great stock is when the market is finally noticing i...

Somnigroup’s first quarter results received a negative market reaction as the company missed Wall Street’s revenue and profit expectations, despite posting double-digit sales growth. Management pointed to persistent industry headwinds, including lower-than-expected global bedding demand and ongoing geopolitical and weather-related disruptions. CEO Scott Thompson described the quarter as “pleasing given the backdrop,” noting the company’s ability to expand operating margin and generate strong operating cash flow. However, he acknowledged that overall market demand was “below our expectations,” and highlighted that growth was driven by operational leverage and resilience in core brands, with Tempur Sealy and Mattress Firm outpacing the broader market. Is now the time to buy SGI? Find out in our full research report (it’s free). Revenue: $1.80 billion vs analyst estimates of $1.83 billion (12.3% year-on-year growth, 1.6% miss) Adjusted EPS: $0.59 vs analyst estimates of $0.57 (2.8% beat) Adjusted EBITDA: $296.8 million vs analyst estimates of $302.6 million (16.5% margin, 1.9% miss) Management reiterated its full-year Adjusted EPS guidance of $3.20 at the midpoint Operating Margin: 10.4%, up from 0.8% in the same quarter last year Market Capitalization: $13.46 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Susan Maklari (Goldman Sachs) asked about price elasticity and Somnigroup’s ability to outperform despite consumer headwinds. CEO Scott Thompson replied that closing rates are improving and price elasticity appears low, while emphasizing the company’s competitive advantages in advertising and cash flow. Robert Griffin (Raymond James) sought specifics on the Stearns & Foster product launch. Thompson highlighted that the new pricing architecture addresses prior cannibalization and has strong retailer support, especially with expanded hybrid offerings. Rafe Jadrosich (Bank of America) pressed for details on input cost inflation and the magnitude of pricing offsets. CFO Bhaskar Rao confirmed that the $100 million price increase matches anticipated cost inflation, mainly from oil-derived chemicals, and expects tr...

Management attributed the 12% sales growth to the strength of their business model and operating leverage, which allowed for significant margin expansion despite a mid-single-digit decline in global bedding demand. North American outperformance was driven by high-quality advertising investments, momentum in the Sealy line, and an increased balance of share at Mattress Firm. The international segment achieved double-digit reported growth by capitalizing on disciplined distribution investments and the resilience of the Tempur brand across key markets. Mattress Firm's flat same-store sales outperformed the broader market, supported by a curated merchandising assortment and a proprietary 'Sleep Expert' sales model. Management highlighted that the integration of Mattress Firm has allowed for better alignment with suppliers and a more controlled pricing architecture across the portfolio. The company utilized record first-quarter operating cash flow primarily for debt reduction, aiming to return to a target leverage range of 2 to 3x adjusted EBITDA. The midpoint of the 2026 guidance assumes a flat to slightly down global bedding industry, with consumer confidence expected to normalize as the year progresses. A new Stearns & Foster lineup launching in the second half of 2026 is designed to optimize price architecture and target resilient high-end consumers with additional luxury SKUs. Management expects a $50 million pricing lift in the second half of 2026 to offset commodity inflation, resulting in a dollar-neutral impact on full-year earnings. The proposed combination with Leggett & Platt is expected to close by year-end, providing vertical integration benefits and significant annual run-rate EBITDA synergies. The company plans to complete a $150 million Mattress Firm store refresh program by 2027, with $75 million in capital expenditures allocated for 2026 for store refreshes and brand wall installation. Geopolitical tensions and winter weather disruptions in the U.S. were cited as primary factors weighing on industry demand during the first quarter. A $10 million headwind is expected in the second quarter due to the timing of commodity cost increases hitting before pricing actions are fully implemented. The acquisition of Mattress Firm and related divestitures created significant year-over-year comparison impacts, requiring normalized like-for-like reporting. Ma...

Image source: The Motley Fool. Thursday, May 7, 2026 at 8 a.m. ET Chief Executive Officer — Scott Thompson Chief Financial Officer — Bhaskar Rao Need a quote from a Motley Fool analyst? Email [email protected] Scott Thompson: Good morning. Thank you for joining us on our first quarter 2026 Earnings Call. I'll begin with some highlights in the quarter and then turn the call over to Bhaskar to review our financial performance in more detail, and discuss our reaffirmed 2026 [indiscernible] guidance. After that, we'll open up the call for Q&A. In the first quarter of 2026, net sales increased a healthy 12% to $1.8 billion. Adjusted EBITDA increased 20% [indiscernible] $297 million, and adjusted EPS increased a robust 20%, [indiscernible] per share. We are pleased with these results, particularly against the backdrop of heightened geopolitical tensions and winter weather disruptions in the U.S., all of which weighed on the industry demand. We believe global bedding demand declined mid-single digits in the first quarter, which was below our expectations that demand would be flat to slightly positive during the quarter. We believe our performance reflected the strength of our business model and its ability to perform across varying market conditions. This has allowed us to continue to extend our leadership position in the industry. Turning to our first highlight. We expanded EBITDA margin by over [ 100 basis ] points and grew adjusted EPS by 20%. We accomplished this on 12% sales growth demonstrating the operating leverage embedded in our business model. We also delivered record first quarter operating cash flow, which we deployed towards debt reduction. We ended the first quarter at 3.1x leverage, and [are on] track to return to our targeted range of 2 to 3x adjusted EBITDA in the next few months. Our second highlight. Our North American Tempur Sealy business outperformed the broader market. Tempur Sealy North America delivered mid-single-digit wholesale sales growth year-over-year on a like-for-like basis, driven by investments in high-quality advertising, continued momentum in [indiscernible] line and increased balance of share at [indiscernible]. Looking to the back half of the year, we expect the launch of our new [indiscernible] lineup two, optimize price architecture within the broader portfolio, support higher average selling price for our retail partners, streng...

Somnigroup International (SGI) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.49 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +4.24%. A quarter ago, it was expected that this mattress maker would post earnings of $0.72 per share when it actually produced earnings of $0.72, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Somnigroup International, which belongs to the Zacks Retail - Home Furnishings industry, posted revenues of $1.8 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 1.85%. This compares to year-ago revenues of $1.6 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Somnigroup International shares have lost about 11.9% since the beginning of the year versus the S&P 500's gain of 7.6%. While Somnigroup International has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Somnigroup International was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see...

Leggett & Platt (NYSE:LEG) reported weaker-than-expected first-quarter results on Thursday and withdrew its 2026 outlook following the announcement of its pending acquisition by Somnigroup International Inc. (NYSE:SGI). Shares of the company fell 8.06% after the earnings release. The company posted adjusted earnings of $0.15 per share for the quarter, missing the analyst consensus estimate of $0.25 by $0.10. Revenue totaled $918 million, down 10% from the prior year and below analyst expectations of $949.65 million. Leggett & Platt said the decline reflected a 5% impact from divestitures and a 5% decrease in organic sales, driven by a 9% drop in volume across most of its end markets. The company withdrew its previously issued 2026 financial guidance due to the planned acquisition by Somnigroup International, which was announced on April 13. The transaction is expected to close by the end of 2026, pending shareholder approval and regulatory clearances. President and CEO Karl Glassman said quarterly sales were generally in line with company expectations, but acknowledged weaker conditions in the bedding business. “demand in our domestic bedding business was lower than anticipated, as the overall health of the U.S. industry remains challenged.” The company estimates that the U.S. mattress market declined by a high single-digit to low double-digit percentage during the first quarter. Adjusted EBIT declined to $43 million from $67 million in the first quarter of 2025. Leggett & Platt said the decrease was mainly driven by lower sales volume, margin pressure within the Flooring business, and the absence of contributions from the divested Aerospace segment. The company also noted that the war in Iran contributed to rising transportation expenses and longer shipping transit times late in the quarter. Additionally, higher chemical prices are expected to pressure costs further during the second quarter. Operating cash flow was negative $56 million during the quarter, representing a deterioration of $63 million compared with the same period last year. At quarter-end, net debt stood at 2.8 times trailing 12-month adjusted EBITDA. Leggett & Platt manufactures engineered components and products used in bedding, furniture, flooring, automotive seating, and other industrial applications. The company supplies materials and systems to manufacturers across consumer and industr...

DALLAS (AP) — DALLAS (AP) — Somnigroup International Inc. (SGI) on Thursday reported first-quarter net income of $104.2 million. On a per-share basis, the Dallas-based company said it had profit of 49 cents. Earnings, adjusted for non-recurring costs, were 59 cents per share. The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share. The mattress maker posted revenue of $1.8 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.84 billion. Somnigroup International expects full-year earnings in the range of $3 to $3.40 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SGI at https://www.zacks.com/ap/SGI

Leggett & Platt (LEG) reported Q1 adjusted earnings Thursday of $0.15 per diluted share, down from $

Bedding manufacturer Somnigroup (NYSE:SGI) missed Wall Street’s revenue expectations in Q1 CY2026, but sales rose 12.3% year on year to $1.80 billion. Its non-GAAP profit of $0.59 per share was 2.8% above analysts’ consensus estimates. Is now the time to buy Somnigroup? Find out in our full research report. Revenue: $1.80 billion vs analyst estimates of $1.83 billion (12.3% year-on-year growth, 1.6% miss) Adjusted EPS: $0.59 vs analyst estimates of $0.57 (2.8% beat) Adjusted EBITDA: $296.8 million vs analyst estimates of $302.6 million (16.5% margin, 1.9% miss) Management reiterated its full-year Adjusted EPS guidance of $3.20 at the midpoint Operating Margin: 10.4%, up from 0.8% in the same quarter last year Free Cash Flow Margin: 10.3%, up from 5.1% in the same quarter last year Market Capitalization: $16.54 billion Company Chairman and CEO Scott Thompson commented, "While navigating challenging market conditions, we delivered solid financial results this quarter, including a robust 20% increase in adjusted EPS. Our performance in this muted market environment reflects the strength of our business and our continued focus on operational discipline and supporting our customers. Our scale, trusted brands, and omnichannel capabilities provide a solid foundation to succeed and support long–term value creation." Established through the merger of Tempur-Pedic and Sealy in 2012, Somnigroup (NYSE:SGI) is a bedding manufacturer known for its innovative memory foam mattresses and sleep products Examining a company’s long-term performance can provide clues about its quality. Any business can experience short-term success, but top-performing ones enjoy sustained growth for years. Over the last five years, Somnigroup grew its sales at a 14.5% compounded annual growth rate. Though this growth is acceptable on an absolute basis, we need to see more than just topline growth for the consumer discretionary sector, which can display significant earnings volatility. This means our bar for the sector is particularly high, reflecting the non-essential and hit-driven nature of the products and services offered. Additionally, five-year CAGR starts around Covid, when revenue was depressed then rebounded. Long-term growth is the most important, but within consumer discretionary, product cycles are short and revenue can be hit-driven due to rapidly changing trends and consumer prefer...