ATLANTA, GA, Jan. 10, 2026 (GLOBE NEWSWIRE) -- Disclaimer: This article is for informational purposes only. Individual comfort preferences and sleep experiences vary. Affiliate Disclosure: This article contains affiliate links. If you purchase through these links, a commission may be earned at no additional cost to you. This compensation does not influence the accuracy or integrity of the information presented. Search Term Context: Phrases such as "best pillow for sleep" and "pillow for neck support" are us ...

Americans like the concept of "made in the USA" products, but have generally not shown a willingness to pay more for those items. "While 69% of Americans believe that an item being American-made is at least somewhat important, 37% would not be willing to pay any more for that item. Twenty-six percent would only pay 5% more, and 21% capped it at 10% more," according to a Reuters/Ipsos study. Producing items in the United States costs more money. "The higher cost of labor in the U.S. is one of the primar ...

Core Insights - Home Depot Inc. reported third-quarter fiscal 2025 results with net sales exceeding estimates but earnings per share (EPS) falling short, reflecting year-over-year improvements in both metrics [1][4][5] Financial Performance - Adjusted EPS for the quarter was $3.74, a decrease of 1.1% from $3.78 in the same quarter last year, missing the Zacks Consensus Estimate of $3.81 [4] - Net sales rose 2.8% to $41.4 billion from $40.2 billion year-over-year, surpassing the Zacks Consensus Estimate of $41 billion [5] - Customer transactions decreased by 1.6% year-over-year to 393.5 million, while the average ticket size increased by 1.8% [6] Cost and Margin Analysis - Gross profit increased by 2.9% year-over-year to $13.8 billion, with a gross margin of approximately 33.4%, up 2 basis points from the previous year [10] - SG&A expenses rose 5.9% to $7.8 billion, representing about 18.5% of sales, an increase of roughly 60 basis points year-over-year [10] - Operating income was $5.4 billion, down 1.2% year-over-year, with an operating margin of about 12.9%, contracting 60 basis points [11] Future Outlook - Management has updated its fiscal 2025 outlook, expecting sales to increase by 3% year-over-year, reflecting a $2 billion contribution from the acquisition of GMS Inc. [14] - The company anticipates a gross margin of 33.2% and an operating margin of 12.6% for fiscal 2025, both lower than previous estimates [15] - EPS is expected to decline by 6% year-over-year, with adjusted EPS estimated to fall by 5% [16]

Core Insights - Somnigroup's shares increased by 11.1% following the release of strong third-quarter financial results that exceeded expectations and raised full-year guidance [1] - The company's revenue grew by 63.3% year-over-year to $2.12 billion, surpassing analyst forecasts of $2.06 billion [1] - Adjusted earnings per share reached $0.95, exceeding Wall Street's expectations of $0.86, driven by significant growth in direct-to-consumer sales [1] - Somnigroup raised its full-year adjusted EPS guidance to a midpoint of $2.68, enhancing investor confidence [1] Financial Performance - Revenue increased by 63.3% year-over-year to $2.12 billion [1] - Adjusted earnings per share were reported at $0.95, above the expected $0.86 [1] - Full-year adjusted EPS guidance was raised to a midpoint of $2.68 [1] Market Reaction - Somnigroup's shares have shown low volatility, with only 7 moves greater than 5% in the past year, indicating the significance of the recent news [3] - The stock has risen 57.3% since the beginning of the year, reaching a new 52-week high of $87.79 per share [5] - An investment of $1,000 in Somnigroup shares five years ago would now be worth $3,606 [5]

Core Insights - Somnigroup International Inc. will participate in the 2025 Goldman Sachs Global Retailing Conference on September 3, 2025, and has indicated that sales trends from early in the third quarter are continuing [1][2] Company Overview - Somnigroup is the world's largest bedding company, focused on enhancing lives through better sleep, with operations in over 100 countries and a portfolio that includes well-known brands such as Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's® [3] - The company emphasizes its capabilities in design, manufacturing, distribution, and retail, aiming to provide innovative sleep solutions and a unique retail experience [3] Financial Outlook - The Chairman and CEO, Scott Thompson, expressed confidence in the company's ability to leverage improved market conditions, with solid trends continuing into the third quarter [2] - The company aims to deliver long-term value for shareholders through prudent capital allocation and is committed to environmental and community responsibilities [4]

Company Leadership Changes - Steve Rusing has been appointed as President and Chief Executive Officer of Mattress Firm, effective August 14, 2025, expanding his previous role [1] - Scott Thompson, the Chairman and CEO of Somnigroup, served as Mattress Firm's interim CEO since February 2025 [1] Strategic Direction - Combining the roles of President and CEO is expected to enhance leadership agility and alignment within Mattress Firm [2] - Under Steve Rusing's leadership, Mattress Firm has sharpened its operational focus, building momentum and driving solid performance [2] Company Overview - Somnigroup International Inc. is the world's largest bedding company, operating in over 100 countries with brands like Tempur-Pedic®, Sealy®, and Stearns & Foster® [3] - The company aims to improve lives through better sleep and offers a global omni-channel platform for a unique retail experience [3] Shareholder Value and Responsibility - Somnigroup is committed to delivering long-term value for shareholders through prudent capital allocation and responsible environmental practices [4]

Core Insights - Fullpower-AI has entered a transformative partnership with Tempur Sealy International, which includes a 10-year global licensing agreement for the KOA Sleeptracker-AI Large Action Model platform [1][2][3] - Tempur Sealy will invest $25 million in Fullpower-AI, valuing the latter at $160 million [1][2] Company Overview - Fullpower-AI is a leader in AI-powered health and wellness technologies, based in Santa Cruz, California, focusing on AI biosensing and personalized health monitoring [4][7] - The KOA platform is a no-code solution that enables the deployment of autonomous AI agents for real-time reasoning and adaptive learning [5][6] Partnership Details - The partnership ensures the integration of Fullpower-AI's Sleeptracker-AI platform into the Tempur-Pedic smartbed ecosystem, with over 300,000 smartbeds already equipped with this technology [2][3] - This collaboration aims to redefine sleep through AI and science, enhancing the capabilities of Tempur smartbeds into intelligent wellness systems [3][4] Strategic Importance - Tempur Sealy's CEO emphasized the importance of ongoing innovation in addressing consumer sleep needs, positioning the partnership as a key element in maintaining industry leadership [4][7] - The partnership lays the groundwork for accelerated innovation in sleep science and personalized health monitoring on a global scale [3][4]

Core Insights - Somnigroup International Inc. is expanding its partnership with Fullpower-AI, making a $25 million equity investment to acquire approximately 15.6% ownership stake in Fullpower [1][2] - Tempur Sealy, a subsidiary of Somnigroup, has signed a multi-year extension through 2036 for exclusive rights to embed Sleeptracker technology in its products, ensuring continued access to advanced AI sleep platforms [2] - The strategic investment and partnership extension aim to enhance consumer experience through smarter, tailored sleep solutions and reinforce Somnigroup's position in bedding innovation [3] Company Overview - Somnigroup is the world's largest bedding company, operating in over 100 countries with brands like Tempur-Pedic, Sealy, and Stearns & Foster [3] - The company focuses on improving lives through better sleep, leveraging superior capabilities in design, manufacturing, distribution, and retail [3] Fullpower Overview - Fullpower-AI provides a no-code and API KOA platform, designed for health, wellness, and sleep science sectors, enabling autonomous AI agents for real-time reasoning and adaptive learning [4] - The platform aggregates and analyzes data from major wearables and sensors, enhancing personalized interactions and allowing care teams to focus on complex needs [4]

Core Viewpoint - Somnigroup International Inc. has declared a third quarter cash dividend of $0.15 per share, payable on September 5, 2025, to shareholders of record as of August 21, 2025 [1] Company Overview - Somnigroup is the world's largest bedding company, focused on enhancing people's lives through better sleep [2] - The company operates in over 100 countries and includes well-known brands such as Tempur-Pedic®, Sealy®, Stearns & Foster®, and Sleepy's® [2] - Somnigroup's global omni-channel platform allows it to meet consumer needs through various shopping experiences, providing tailored sleep solutions [2] Corporate Strategy - The company aims to deliver long-term value for shareholders through prudent capital allocation and investment management [3] - Somnigroup is committed to environmental protection and community responsibility, guided by its core value of Doing the Right Thing [3]

Core Insights - Somnigroup International Inc. reported strong financial results for Q2 2025, with net sales increasing by 52.5% year-over-year to $1,880.8 million, driven by the acquisition of Mattress Firm and robust international sales growth [3][13][14] - The company raised its financial guidance for the full year 2025, anticipating adjusted EPS in the range of $2.40 to $2.70 [16] Financial Performance - Net sales for Q2 2025 reached $1,880.8 million, up from $1,233.6 million in Q2 2024 [3][13] - Net income decreased by 6.7% to $99.0 million compared to $106.1 million in the same quarter last year [3][14] - Adjusted net income increased by 1.3% to $113.1 million from $111.7 million year-over-year [3][14] - Earnings per diluted share (EPS) fell by 21.7% to $0.47, while adjusted EPS decreased by 15.9% to $0.53 [3][14] Business Segments - Mattress Firm generated net sales of $948.8 million in Q2 2025, with a gross margin of 35.6% [5][6] - Tempur Sealy North America reported net sales of $638.4 million, a decrease from $978.4 million in Q2 2024, primarily due to the accounting elimination of $263.5 million in sales to Mattress Firm [7][10] - Tempur Sealy International saw a 15.0% increase in net sales to $293.6 million, driven by successful new product launches [10][11] Operational Highlights - The company achieved a gross margin of 44.0% in Q2 2025, up from 42.0% in Q2 2024, with adjusted gross margin improving to 44.2% [13][14] - North America operating margin improved to 20.4%, with adjusted operating margin increasing to 22.7% [9][14] - Corporate operating expenses rose to $53.2 million, primarily due to business combination charges related to the Mattress Firm acquisition [12][14] Debt and Financial Guidance - As of June 30, 2025, total debt stood at $5.0 billion, with consolidated indebtedness less netted cash at $4.9 billion [15][48] - The leverage ratio based on consolidated indebtedness less netted cash to adjusted EBITDA was 3.56 times for the trailing twelve months [15][48] - The company anticipates approximately 11 months of expected Mattress Firm operations in its financial outlook for 2025 [16] Dividend Declaration - The Board of Directors declared a quarterly cash dividend of $0.15 per share, payable on September 5, 2025 [18]