Today: 5 July 2026
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HKG:06082 19 January 2026

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  • Somnigroup (SGI) pushes growth strategy after Mattress Firm agreement
    July 5, 2026, 8:51 AM EDT. Somnigroup (SGI) is pushing for a bigger slice of the mattress business after inking a deal with Mattress Firm. The company expects cash flow to get a lift as it links up with Leggett & Platt, the bedding parts supplier, and plans to roll out price increases. Analysts kept a $100 price target on the shares, pointing to the growth moves and Somnigroup's shot at firming up its market spot.
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