Somnigroup raises FY25 adjusted EPS view to $2.40-$2.70 from $2.30-$2.65

Consensus $2.52. The company said, “For the full year 2025, the Company raised its expectations for adjusted EPS to a range of $2.40 to $2.70. This contemplates the Company’s current sales outlook, which includes approximately 11 months of expected Mattress Firm operations, net of intercompany sales, and the previously announced divestiture of Sleep Outfitters and 73 Mattress Firm stores, which closed on May 1, 2025.”