Somnigroup International Inc (SGI) Sector
Consumer Discretionary

(Current) $81.00
0.07 (0.09%) Open Price: 81.00

 

Somnigroup International Inc. is the world’s largest bedding company, formed through the merger of Tempur Sealy International and Mattress Firm. Headquartered in the Dallas-Fort Worth metroplex, with additional offices in Lexington, Kentucky, and Houston, Texas, Somnigroup operates a vertically integrated business encompassing design, manufacturing, distribution, and retail. Its portfolio includes renowned brands such as Tempur-Pedic®, Sealy®, Stearns & Foster®, and Dreams, serving consumers in over 100 countries through more than 2,800 retail stores and 30 e-commerce platforms.

 

The company’s formation followed Tempur Sealy’s acquisition of Mattress Firm, a deal that was initially scrutinized by the Federal Trade Commission but ultimately approved by a federal court in Houston. The rebranding to Somnigroup reflects its evolution into a global holding company with an omni-channel strategy, aiming to provide comprehensive sleep solutions. The name combines "somn" (Latin for sleep), "omni" (all), and "group," signifying its broad approach to the sleep industry.

 

Somnigroup’s operations are supported by 71 manufacturing facilities and four state-of-the-art research and development centers. With a workforce of approximately 20,000 employees, the company emphasizes innovation and quality in its products, which include mattresses, adjustable bases, pillows, and other sleep accessories. Its vertically integrated model allows for control over the entire supply chain, ensuring consistency and efficiency in delivering products to market.

 

Committed to sustainability and corporate responsibility, Somnigroup focuses on environmental stewardship and community engagement. The company’s strategic initiatives aim to capitalize on the growing global awareness of the importance of sleep to health and wellness, positioning it to capture a significant share of the $120 billion global sleep industry. Through disciplined capital allocation and a focus on long-term value creation, Somnigroup continues to strengthen its leadership in the bedding market.

 



 

 

(08/20/25) $81.00
(08/21/25) $80.93
(08/21/25) (Qty.)2,867,458
(08/20/25) $80.57
(08/20/25) $81.42
(07/13/25) $69.15
(08/17/25) $81.77
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