Somnigroup Crushes Q1 2026 Earnings, Sets Sights on Leggett & Platt Merger

Somnigroups Q1 2026 earnings soared despite a challenging bedding market, with net sales up 12% to $1.8 billion, adjusted EBITDA up 20% to $297 million, and adjusted EPS up 20% to $0.59. North America led with mid-single-digit wholesale growth, while international sales grew double digits. Despite global demand dipping, Somnigroups model shone through, with record first-quarter cash flow of $247 million and plans to cut leverage to 2-3 times. Theyre sticking to full-year guidance and expect to benefit from their merger with Leggett and Platt. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4932f45fa965b3a1