Dan Silverstein's questions to SOMNIGROUP INTERNATIONAL (SGI) leadership • Q2 2025
Question
Dan Silverstein asked why the newly identified sales and marketing synergies wouldn't necessarily support a higher long-term earnings target relative to the existing $4.85 goal.
Answer
CEO Scott Thompson explained that while the company-specific performance and synergies are ahead of expectations and would be additive, this is offset by the underlying industry recovery being slower than initially assumed when the target was set. He stated that the company will update its long-term perspective at year-end, considering all the puts and takes.