Professional
Added to YB: 2026-02-10
Pitch date: 2026-02-06
SGI [neutral]
Somnigroup International Inc.
-7.42%
current return
Author Info
No bio for this author
Company Info
Somnigroup International Inc., together with its subsidiaries, designs, manufactures, distributes, and retails bedding products in the United States and internationally.
Market Cap
$20.2B
Pitch Price
$96.62
Price Target
N/A
Dividend
0.62%
EV/EBITDA
24.38
P/E
61.04
EV/Sales
3.92
Sector
Household Durables
Category
growth
Third Point Portfolio Holding: Somnigroup International Inc.
SGI (holding update): Dominant US mattress player grew wholesale share from 27% to 40% since 2018. Q1 2025 Mattress Firm merger creates vertically integrated giant w/ 2,200 stores, $1.8B marketing spend. Tempur products jumped from 48% to 60%+ of Mattress Firm sales. Bull case: housing recovery or competitors Sleep Number/Serta Simmons face 2027-28 debt maturities amid share losses.
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