Hospitality Mattress Market | Global Market Analysis Report - 2035
The global hospitality mattress market is projected to grow from USD 7.0 billion in 2025 to USD 12.7 billion by 2035, exhibiting a CAGR of 6.1%. This growth is fueled by increasing global tourism, demand for premium guest experiences, and focus on sleep quality in hospitality. Foam mattresses are expected to dominate by type, and queen-size mattresses by size, reflecting industry preferences for comfort, durability, and space optimization.
Somnigroup International Announces Financial Results for Fourth Quarter & Year End
Somnigroup International Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025, showing significant growth primarily due to the acquisition of Mattress Firm. The company reported a 54.7% increase in total net sales for Q4 2025 and a 65% increase in diluted EPS. Somnigroup also provided financial guidance for 2026, expecting adjusted EPS between $3.00 to $3.40, and announced a 13% increase in its quarterly cash dividend.
Tempur Sealy International, Inc. (NYSE:TPX) Q4 2025 Earnings Call Transcript
Tempur Sealy International, Inc. (NYSE: TPX) reported record net sales and adjusted EBITDA in Q4 2025, with adjusted EPS up 20% despite a challenging bedding industry. The company highlighted successful integration of Mattress Firm, exceeding synergy expectations, and strong performance in its US Tempur-Sealy and international businesses. Looking ahead to 2026, TPX projects adjusted EPS between $3.00 and $3.40, annual sales around $7.9 billion, and raised its 2028 target EPS to $5.15.
Tempur Sealy International, Inc. (NYSE:TPX) Q4 2025 earnings call transcript
This document is a transcript of the Q4 2025 earnings call for Tempur Sealy International, Inc. (NYSE:TPX). It contains detailed discussions from the company's management regarding their financial performance and future outlook. The transcript offers insights into the company's operations, strategies, and market position as presented to investors and analysts.
Somnigroup International Announces Financial Results for Fourth Quarter & Year End
Somnigroup International Inc. announced record financial results for the fourth quarter and year ended December 31, 2025, with net sales increasing 54.7% to $1,868.4 million, significantly boosted by the Mattress Firm acquisition. The company plans for adjusted EPS between $3.00 and $3.40 for full-year 2026, marking an approximate 19% increase. Furthermore, Somnigroup's Board of Directors approved a 13% increase in the quarterly cash dividend to $0.17 per share.
Tempur Sealy Sites Earn SP2 Recertification
Tempur Sealy International's manufacturing facilities in Richmond and Los Angeles have achieved recertification under the Sleep Products Sustainability Program (SP2) for the second time, making them the only manufacturer to do so. The facilities have significantly improved their waste recycling rates and implemented sustainable practices like using electric trucks. This program, administered by the Mattress Recycling Council, helps California-based mattress manufacturers reduce environmental impacts.
Somnigroup International Inc. Hosts Investor Day March 4
Somnigroup International Inc. is hosting an Investor Day on March 4, 2026, at the New York Stock Exchange and via live webcast. Executive management will present on the company's strategic vision, growth initiatives, financial targets, and capital allocation strategy. The event will include presentations from key executives including the Chairman, President, and CEO, and other C-suite members from Somnigroup and its subsidiaries like Tempur Sealy and Mattress Firm.
Somnigroup to Host Investor Day on March 4, 2026
Somnigroup International Inc. (NYSE: SGI) will host an Investor Day on March 4, 2026, at the New York Stock Exchange and via live webcast. Executive leadership will discuss the company's strategic vision, growth initiatives, financial targets, and capital allocation strategy. Key presenters will include Chairman, President, and CEO Scott Thompson, CFO Bhaskar Rao, and CEOs from Tempur Sealy, Mattress Firm, and Dreams.
Somnigroup leaders map growth plans and capital goals at March 4 event
Somnigroup (NYSE: SGI) will host an Investor Day on March 4, 2026, at the New York Stock Exchange and via webcast, where executive leaders will present the company's strategic vision, growth plans, and capital allocation strategy. The event will include live presentations from key executives, a Q&A session, and will be accessible through their investor relations website, with an archived replay available for one year. Investors can register online or contact Investor Relations for in-person attendance inquiries.
NapLab Shares Mattress Report on Current Brand Variety
NapLab has released a report detailing the mattress industry, revealing that a few major companies own most popular mattress brands despite the appearance of wide variety. The report identifies key players like Somnigroup International, Ashley Global Retail, 3Z Brands, Saatva Inc., The Flex Bedding Group, Serta Simmons Bedding LLC, and GoodMorning.com, outlining their acquisitions and the brands they control. This consolidation means consumers often choose among brands owned by the same parent company, making tools like NapLab's reports valuable for informed decision-making.
Sleeping Pillow Market Poised for 5.1% CAGR Growth Through 2033:
The Sleeping Pillow Market is projected to grow at a 5.1% CAGR from 2025 to 2033, reaching $12.8 billion, driven by increased awareness of sleep quality, rising prevalence of sleep disorders, and innovations in ergonomic design and technology. Key players like Tempur Sealy and Sleep Number dominate a market increasingly characterized by consumer demand for customization, sustainable materials, and integration of smart features. The report highlights significant growth opportunities in North America and Asia Pacific, predicting continued expansion due to ongoing wellness trends and technological advancements.
Somnigroup proposes Leggett & Platt acquisition
Somnigroup International Inc. has proposed an all-stock acquisition of bedding component supplier Leggett & Platt Inc. Somnigroup, owner of brands like Tempur, Sealy, and Dreams, believes this merger would bring significant strategic advantages and efficiencies, including a compelling premium and tax-advantaged participation for Leggett & Platt shareholders. Leggett & Platt's board is currently reviewing the unsolicited proposal.
North Texas’ Somnigroup Seeks To Acquire Leggett & Platt in Deal Worth Around $1.6B
Somnigroup, formed from Tempur Sealy International's acquisition of Mattress Firm, is proposing to acquire Leggett & Platt (NYSE: LEG) in an all-stock deal valued at approximately $1.6 billion. The offer provides Leggett & Platt shareholders a 30.3% premium and aims for L&P to operate independently under Somnigroup's umbrella, retaining management and employees, while benefiting from Somnigroup's backing and lower cost of capital. Somnigroup expects a response to its proposal by December 22.
Mattress Firm’s parent offers $1.6 billion to create bedding behemoth
Somnigroup International, parent company of Mattress Firm, has offered to acquire Leggett & Platt for $1.6 billion in an all-stock deal. This proposed acquisition aims to merge a leading bedding retailer with a manufacturer to create a "bedding behemoth," leveraging strategic advantages and efficiencies for the combined entity. The offer values Leggett & Platt at $12 per share, a 30.3% premium over its average closing price.
Somnigroup Proposes to Acquire Leggett & Platt
Somnigroup International Inc., parent company of Tempur Sealy International, has proposed to acquire all outstanding common shares of Leggett & Platt in an all-stock transaction. The proposal offers L&P shareholders Somnigroup common stock with a market value of $12 for every share of L&P common stock, representing a 30.3% premium over the average closing price during the last 30 trading days. Leggett & Platt would continue to operate independently under the Somnigroup umbrella, retaining its management team and a presence in Carthage, Missouri.
Tempur Sealy International, Inc. (NYSE:TPX) Q3 2025 Earnings Call Transcript
Tempur Sealy International, Inc. reported a record Q3 2025, with net sales up 63% to $2.1 billion and adjusted EPS up 16% to $0.95, driven by the Mattress Firm acquisition and strong performance in international operations. The company anticipates achieving $100 million in sales synergies and $100 million in annual run-rate net cost synergies from the Mattress Firm combination, while also announcing a strategic passive investment in Kingsdown and plans to return capital to shareholders starting Q1 2026. Management expressed confidence in continued growth, emphasizing the benefits of ongoing innovation, advertising strategies, and the potential impact of falling interest rates on profitability.
Kingsdown Announces Somnigroup Makes Passive Minority Investment - Home Furnishings Business
Kingsdown, a North American luxury sleep solutions company, announced that Somnigroup International Inc., the parent company of Tempur Sealy International and Mattress Firm, has made a passive minority investment in Kingsdown. This investment signifies Somnigroup's confidence in Kingsdown's brand, heritage, business model, and growth trajectory. Both companies emphasized that this partnership aligns with their respective values and aims to broaden market reach and ensure continued growth in the U.S. and Canadian bedding markets.
Kingsdown Receives Minority Investment from Somnigroup - Furniture World Magazine
Kingsdown has announced that Somnigroup International Inc. (NYSE: SGI), parent company of Tempur Sealy International and Mattress Firm, has made a passive minority investment in Kingsdown. This investment is seen by Kingsdown CEO Frank Hood as an endorsement of their brand and growth trajectory, while Somnigroup Chairman and CEO Scott Thompson highlights Kingsdown's quality and innovation as complementing their existing portfolio. The partnership emphasizes continued business as usual for Kingsdown, affirming confidence in its future and brand strength.
Kingsdown gains new strategic investor as Somnigroup takes minority stake - Furniture Today
Somnigroup, formerly Tempur Sealy International, has acquired a minority stake in Kingsdown, a mattress manufacturer. This investment reinforces Kingsdown's brand and growth trajectory, with Somnigroup becoming a passive investor. Kingsdown's CEO Frank Hood anticipates no change in daily operations, while Somnigroup aims to broaden its reach in the bedding market.
Mattress Market Featuring Tempur-Pedic, Serta & Sealy: Trends & Forecast 2032 - newstrail.com
The mattress market is projected to grow from USD 44.46 Billion in 2024 to USD 71.69 Billion by 2032, at a CAGR of 6.2%. This report by SkyQuest Technology Group offers a comprehensive analysis including segmentation by type, size, end-use, and distribution channel, highlighting key trends, competitive landscapes, and regional growth drivers across North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Key players such as Tempur Sealy International, Serta Simmons Bedding, and Sealy Corporation are featured.
Somnigroup International Appoints Steve Rusing as CEO at Mattress Firm
Somnigroup International Inc. announced the appointment of Steve Rusing as President and Chief Executive Officer of Mattress Firm, effective August 14, 2025. Rusing, previously President of Mattress Firm, will now combine both leadership roles. Scott Thompson, Somnigroup's Chairman, CEO, and President, expressed confidence in Rusing's leadership to drive Mattress Firm's continued growth and performance.
Somnigroup International Acquires Equity Interest in Fullpower-AI
Somnigroup International Inc. announced an expanded relationship with Fullpower-AI, a biosensing AI solutions provider, highlighted by a $25 million equity investment from Somnigroup’s subsidiary, Tempur Sealy, for a 15.6% stake. The partnership also includes a multi-year extension through 2036 of Tempur Sealy's exclusive rights to embed Fullpower's Sleeptracker-AI technology in its products. This strategic move aims to enhance consumer experience with smarter solutions and reinforce Somnigroup's leadership in bedding innovation by leveraging advanced AI sleep platforms and aggregated sleep data.
Tempur Sealy Foundation Donates $250,000 to Lexington’s Gatton Park
The Tempur Sealy Foundation has donated $250,000 to Lexington’s Gatton Park, creating the Tempur Sealy Tree Grove which will add over 205,000 square feet of tree canopy to downtown Lexington. This initiative aims to enhance the natural landscape, improve environmental quality, and provide a public space for community activities. The park's grand opening is scheduled for August 23, 2025.
Mattress Firm's new owner to establish corporate headquarters in Dallas-Fort Worth
Following the $5 billion acquisition of Houston-based Mattress Firm Group Inc., Somnigroup International Inc. will establish its corporate headquarters in Dallas-Fort Worth. Somnigroup, formed after Tempur Sealy International Inc. completed the deal, boasts a portfolio with recognized brands like Tempur-Pedic and Sealy. This new DFW headquarters will operate in addition to existing Mattress Firm and Tempur Sealy headquarters.
Kentucky public company sees HQ shakeup after merger - Louisville Business First
Somnigroup, following Tempur Sealy International Inc.'s acquisition of Mattress Firm, will establish its headquarters in the DFW area. This merger, valued at $4 billion, will lead to a new corporate headquarters in North Texas with significant implications for the global bedding market. Mattress Firm currently operates over 2,300 brick-and-mortar stores.
Mattress Firm's new owner to establish corporate headquarters in Dallas-Fort Worth
Somnigroup International, the new entity formed by Tempur Sealy International after acquiring Mattress Firm, plans to establish its corporate headquarters in the Dallas-Fort Worth area. This move follows Tempur Sealy's $5 billion acquisition of Houston-based Mattress Firm, solidifying the new company's operational base. The holding company, which was established after Kentucky-based Tempur Sealy closed its $5 billion acquisition of Houston-based Mattress Firm in February, is getting its own headquarters.
13 billion mattress empire to establish offices in Texas
Somnigroup International, the new corporation formed by the acquisition of Houston-based Mattress Firm by Tempur Sealy International, will establish its corporate headquarters in the Dallas-Fort Worth metroplex. This move follows a $4 billion deal that created the $13 billion company. While Tempur Sealy will maintain its Kentucky base and Mattress Firm its Houston operations, Dallas was chosen for the new overarching corporate office, further solidifying North Texas as a growing business hub.
D-FW is adding a new headquarters for a $13 billion public company
Somnigroup International, a new multibillion-dollar company formed after the merger of Tempur Sealy and Mattress Firm, is establishing a new corporate headquarters in the Dallas-Fort Worth area. This move follows the $5 billion acquisition and is part of a restructuring to maintain existing HQs in Lexington and Houston while creating a central hub in D-FW. The decision highlights North Texas's appeal to corporations, offering a growing talent pool and a business-friendly environment.
Somnigroup International Announces Financial Results for First Quarter
Somnigroup International Inc. reported its financial results for the first quarter ended March 31, 2025, which included the operations of Mattress Firm following its acquisition on February 5, 2025. The company saw a significant increase in total net sales, up 34.9% to $1,604.7 million, largely due to the inclusion of Mattress Firm sales. Despite this, they reported a net loss of $(33.1) million, primarily due to acquisition-related costs, and revised their full-year 2025 adjusted EPS guidance to a range of $2.30 to $2.65.
Somnigroup International Appoints Kindel Nuño as Chief Human Resources Officer
Somnigroup International has appointed Kindel Nuño as its Chief Human Resources Officer, effective May 5, 2025. Nuño, formerly Executive Vice President, Legal and General Counsel at Mattress Firm, will report to Chairman, President, and CEO Scott Thompson. In her new role, she will lead the human resources and communications functions for Somnigroup, applying her experience in retail business and employee impact across the organization.
‘Improving sleep all around the world’: UK alum becomes a brand leader at Tempur Sealy
Virginia Groppo, a University of Kentucky alumna, has risen to become an associate brand manager at Tempur Sealy International, specializing in the Stearns & Foster mattress brand. Her career trajectory is attributed to her academic foundation at UK, particularly her involvement in the Textile Testing Lab and internships with the Walt Disney Company, which honed her brand management skills. Groppo emphasizes the multifaceted nature of brand management, requiring creativity and a deep understanding of evolving customer needs to improve sleep globally.
Longtime Tempur Sealy exec named president of Mattress Firm
Steve Rusing, a 30-year Tempur Sealy veteran, has been appointed president of Mattress Firm, reporting to Scott Thompson, interim CEO of Mattress Firm and CEO of Somnigroup. This appointment follows Tempur Sealy's $5 billion acquisition of Mattress Firm and its rebranding to Somnigroup International. The company anticipates market normalization and growth in the latter half of the year despite facing potential challenges like high interest rates and promotional pressures.
Somnigroup announces new president of Mattress Firm
Somnigroup International, Inc. has announced the appointment of Steve Rusing as President of Mattress Firm, effective March 10, 2025. Rusing, with 30 years of experience at Tempur Sealy, will report to Scott Thompson, Interim CEO of Mattress Firm and CEO of Somnigroup. His role will involve leading Mattress Firm and leveraging his expertise in sales leadership, product development, and omnichannel strategy to drive growth for the company within the Somnigroup portfolio.
Tempur Sealy Completes Name Change to Somnigroup International
Tempur Sealy International has officially changed its name to Somnigroup International Inc. and will now trade on the New York Stock Exchange under the ticker symbol "SGI." The company, which owns brands like Tempur-Pedic, Sealy, and Stearns & Foster, aims to unify its global sleep solutions under the new name, which emphasizes its integrated omni-channel strategy. Somnigroup's CEO, Scott Thompson, stated that the change reflects the company's position as the world's largest bedding company, committed to providing breakthrough sleep solutions and delivering long-term growth for shareholders.
Tempur Sealy Completes Acquisition of Mattress Firm, Announces Rebrand
Tempur Sealy International, Inc. has finalized its acquisition of Mattress Firm Group Inc. for approximately $5 billion, following a federal court's denial of the FTC's injunction to block the transaction. The company also announced it will rebrand as Somnigroup International Inc. effective February 18, with Mattress Firm, Dreams, and Tempur Sealy operating as decentralized business units. The move is expected to create a leading vertically integrated global bedding company, enhancing its U.S. omni-channel strategy.
Tempur Sealy Acquires Mattress Firm | News
Cleary Gottlieb represented Tempur Sealy International Inc. in its $5 billion acquisition of Mattress Firm Group Inc., which closed on February 5, 2025. The transaction, funded with cash and stock, followed a prolonged battle with the Federal Trade Commission, whose attempt to block the deal was rejected by a federal court on January 31, 2025. The combined entity now boasts approximately 3,000 retail stores and $8 billion in pro forma sales.
Tempur Sealy Announces Partnership with Calm App
Tempur Sealy International, through its Tempur-Pedic brand, has partnered with Calm, a leading mindfulness and sleep app, to enhance sleep experiences for users of TEMPUR-Ergo Smart Bases. This collaboration will offer exclusive sleep-focused content like Sleep Stories®, soundscapes, and guided meditations, integrated into the smart bases for a multisensory relaxation experience. The initiative aims to address consumer struggles with falling asleep by combining Tempur-Pedic's innovative technology with Calm's expertise in sleep and mindfulness.
Tempur-Pedic Recognized as the Most Awarded Brand in the History of the J.D. Power U.S. Mattress Satisfaction Study
Tempur-Pedic has been recognized as the most awarded brand in the history of the J.D. Power U.S. Mattress Satisfaction Study. This distinction comes as the company ranked #1 in Customer Satisfaction for Mattresses Purchased In-Store and Online for 2024, marking its fifth win in six years for in-store purchases and fourth consecutive year for online purchases. Scott Thompson, Tempur Sealy chairman and CEO, attributed this success to their innovative sleep solutions and the dedication of their employees and partners.
News | Tempur Sealy plans to sell nearly 180 stores to win approval for $4 billion Mattress Firm deal
Tempur Sealy International plans to sell nearly 180 Mattress Firm and Sleep Outfitters stores to Mattress Warehouse to address antitrust concerns raised by the Federal Trade Commission regarding its proposed $4 billion acquisition of Mattress Firm. This divestiture aims to secure approval for the merger, which the FTC has challenged, arguing it would stifle competition and raise prices. Despite the legal challenge, Tempur Sealy expects the transaction to close in late 2024 or early 2025.
Tempur Sealy International gets grant for adjustable base assembly with articulating frames and actuators
Tempur Sealy International has been granted a patent for an adjustable base assembly featuring a fixed frame and an articulating frame that allows independent movement of head, torso, thigh, and foot panels via multiple actuators. This innovative design enhances user comfort and provides versatile positioning, particularly beneficial for folding mattresses into an upright position. The patent highlights the company's focus on mechanical innovation and user-centric design for improved mattress functionality, aligning with GlobalData's identification of adjustable bases as a key innovation area for Tempur Sealy.
Tempur-Sealy’s stock dips as earnings fall short of estimates and company lowers guidance
Tempur-Sealy International Inc.'s stock dipped after the company reported weaker-than-expected second-quarter earnings and subsequently lowered its full-year guidance. Despite this, the mattress maker expressed confidence in closing its Mattress Firm deal, even amidst FTC opposition. The company reported a net income of $106.1 million, or 60 cents a share, for the quarter.
New TEMPUR-ActiveBreeze® Smart Bed Delivers A Sleep Temperature Range Of Up To 30 Degrees* For Your Coolest Sleep Yet
Tempur Sealy International, Inc. announced the new TEMPUR-ActiveBreeze® smart bed, designed to provide personalized climate control and pressure relief. This advanced bed offers an up to 30-degree temperature range, dual-zone climate control, and integrated Sleeptracker-AI® technology, targeting the 62 percent of Americans who experience hot sleeping. The product is expected to accelerate premium sales for retailers and delight consumers with its innovative features.
Tempur Sealy Releases 2024 Corporate Social Values Report
Tempur Sealy International, Inc. has released its 2024 Corporate Social Values Report, highlighting significant progress in environmental, social, and governance (ESG) initiatives. The report emphasizes the company's commitment to sustainability, community investment, and shareholder value creation through responsible practices. Key achievements include zero waste to landfill status at multiple manufacturing operations, significant greenhouse gas emission reductions, and substantial donations through the Tempur Sealy Foundation.
Companies Review Capital Budgets for Savings in Uncertain Economy
Chief financial officers are scrutinizing capital budgets to identify potential cuts or delays in spending as they prepare for a possible economic slowdown or recession. This review is occurring across various industries, particularly for companies facing weakening demand, to assess how to tighten financial belts if economic conditions deteriorate. Mattress company Tempur Sealy is one example of a company that will evaluate scaling back expenditures.
Bryte Announces a $20M Strategic Funding Round Led by Tempur Sealy
Bryte, a restorative sleep technology company, announced a $20 million strategic investment round led by Tempur Sealy International. The two companies plan to collaborate on future products, services, and technology to further their mission of providing restorative sleep. ARCHina Capital and other existing Bryte investors also participated in this funding round.
Tempur Sealy hiring for new Crawfordsville plant
Tempur Sealy International Inc. is holding a job fair in Crawfordsville to fill up to 30 positions for its new recruitment and training center. These roles will eventually transfer to a 700,000-square-foot foam pouring manufacturing facility, a $138 million investment expected to create about 300 jobs by 2025. The new plant, scheduled to open in early 2023, will be Tempur Sealy’s fourth foam pouring facility.
How Online Mattress Pioneer Saatva Plans to Take Its Sales to the Next Level
Saatva, an online mattress pioneer that grew to a $400 million-plus company, plans to expand its sales by opening 50 experiential showrooms in major markets over the next four years. This strategy aims to reach customers who prefer to "touch and try" products before buying, leveraging a trend seen across other direct-to-consumer mattress brands. The company, which has been profitable since its first year and self-funded for eight years, also plans to broaden its product line into bedroom furniture and sleep technology.
Firing On All Cylinders, Tempur Sealy Sends Sales Soaring
Tempur Sealy International Inc. announced record-breaking second-quarter sales and earnings per share, driven by strong performance across all brands and channels, particularly direct-to-consumer. Despite significant supply chain disruptions, the company is bullish on future growth, planning investments in manufacturing capacity and expansion in OEM and international markets. Executives attribute growth to strategic initiatives, product development, and a "Recapture" strategy implemented after a 2017 split with Mattress Firm.
Tempur Sealy opening new facility in Crawfordsville, will hire 300 new employees
Tempur Sealy International Inc. announced plans to open a new 700,000-square-foot mattress production facility in Crawfordsville, Montgomery County, Indiana. The company is investing over $138 million and expects to create 300 new jobs by the end of 2025. This will be Tempur Sealy's fourth manufacturing facility globally and third foam-pouring plant, producing bedding products for its northeast customers.
Tempur Sealy Expands U.S. Manufacturing Capacity
Tempur Sealy International, Inc. announced its selection of Crawfordsville, Indiana, as the site for its new foam-pouring plant, which is expected to be the largest Tempur Sealy manufacturing facility globally. This facility will be the fourth manufacturing plant added in North America in the last twelve months, complementing existing operations and enhancing service to Northeast customers. The company plans to invest in the facility, which will produce a wide range of bedding products and components, and hire approximately 300 local employees, with production slated to begin in 2023.
