Mattress Firm acquisition boosts Somnigroup's Q1 sales, while impacting bottom line - Furniture Today

US bed group Q1 sales growth driven by retail acquisition - Big Furniture Group

Global mattress manufacturing and retail group Somnigroup International has reported a growth in sales during the first quarter. According to its latest trading update for Q1 ended 31 March 2025, total sales increased 34.9% to $1,604.7 million as compared to $1,189.4 million in the first quarter of 2024. This was primarily driven by the inclusion of $593.7 million of Mattress Firm sales since its completed acquisition from 5 February 2025, offse…

Somnigroup Q1 Sales Increase Following Mattress Firm Acquisition

Driven by the addition of sales from newly acquired... The post Somnigroup Q1 Sales Increase Following Mattress Firm Acquisition appeared first on BedTimes Magazine.

Mattress Firm acquisition boosts Somnigroup's Q1 sales, while impacting bottom line - Furniture Today

DALLAS – In its first earnings report since acquiring Mattress Firm, bedding conglomerate Somnigroup International posted total net sales of $1.6 billion , a 34.9% increase from net sales of $1.19 billion in the first quarter of last year. Net sales for Mattress Firm were $593.7 million for the stub period since the acquisition closed in February. The company swung to a net loss of $33.1 for the quarter ended March 31 compared to net income of $…