Global mattress manufacturing and retail group Somnigroup International has reported a growth in sales during the third quarter.

According to its latest trading update for Q3 ended 30 September 2025, total sales increased 63.3% to $2,122.6 million as compared to $1,300.0 million in the third quarter of 2024.

This was primarily driven by the inclusion of $1,070.8 million of Mattress Firm sales, offset by the accounting elimination of $313.7 million of sales from the Tempur Sealy North America segment to the Mattress Firm segment. Direct sales as a percent of net sales increased to 65.2% as compared to 24.5% in the third quarter of 2024.

Tempur Sealy North America net sales were impacted by the accounting elimination of $313.7 million of sales to Mattress Firm, the divestiture of Sleep Outfitters and growth at third-party retailers, which resulted in a net decrease to net sales of $279.2 million to $736.1 million as compared to $1,015.3 million in the third quarter of 2024.

Tempur Sealy International net sales increased 10.9% to $315.7 million as compared to $284.7 million in the third quarter of 2024, primarily driven by expanded distribution.

Gross margin was 44.9% as compared to 42.4% in the third quarter of 2024. Net income increased 36.5% to $177.4 million as compared to $130.0 million in the third quarter of 2024.

Company Chairman and CEO Scott Thompson commented: “We are pleased to report record sales, profits and operating cash flow in the third quarter, driven by strong operational execution across all of Somnigroup’s business units, augmented by progress on our acquisition-related sales and cost synergy initiatives.

“This quarter’s strong results were underpinned by slightly improving bedding industry trends. We are encouraged by our success this quarter and are well positioned to further leverage our leading manufacturing and retailing capabilities, trusted brands and broad omni-channel distribution footprint to capitalize on improvements across markets.”