Latest news with #Sealy
Korea Herald
13 hours ago
- Health
- Korea Herald
Radon risk returns as mattress safety lags
Simmons remains only brand with full radon certification, while Sealy's top premium lines remain uncertified despite past recall South Korea's mattress industry is showing signs of complacency regarding radon gas safety certifications, despite a deadly scandal that rocked the nation in 2018. Radon is the second-leading cause of lung cancer after smoking. According to the Korean Standards Association on Tuesday, Simmons — Korea's top-selling mattress brand — remains the only company in the country to have obtained radon safety certification for its entire product lineup. Another popular mattress brand, Australia's Sealy, has also received certification from the agency, but its two flagship premium lines, the Haynes and Crown Jewel, remain uncertified. In 2019, Sealy Korea recalled more than 350 products manufactured between January 2014 and November 2016 after the state-run Nuclear Safety and Security Commission detected radon — a Group 1 carcinogen classified by both the World Health Organization and the US Environmental Protection Agency. This followed the 2018 revelation that mattresses made by Korea's Daijin Bed Co. emitted radon at levels far exceeding safety limits. Although Sealy claimed that all of its products had since obtained radon safety certification, it faced public backlash in recent years when this was found to be untrue. In response, Sealy secured KSA safety certification for 92 products — excluding the two premium models — at the end of last year. Sealy maintains that its Haynes and Crown Jewel lines have already met strict eco-friendly standards overseas. The company argues that since the KSA's radon certification is voluntary and not legally required, there is no pressing need to certify its entire product line. However, industry insiders argue that Sealy should take the issue more seriously, citing the ongoing fallout from the Daijin Bed scandal. Daijin effectively ceased operations in 2019, but out of approximately 280,000 radon-contaminated mattresses and related products, fewer than half — around 130,000 units — have been retrieved, according to sources. 'Even if Sealy holds international certifications, those don't automatically apply in Korea,' said Cho Seung-yeon, an environmental engineering professor at Yonsei University. 'There's a reason why countries maintain their own standards. In Korea, where consumers remain particularly sensitive to the radon issue, trust is directly tied to obtaining domestic safety approval.' Cho added that even if Sealy's mattresses do not contain anion stones — such as monazite, the radioactive material used by Daijin Bed — all mattresses and bed frames are potentially susceptible to radon exposure. 'Even wooden beds can be a source of radon if they use certain materials or construction methods that allow for radon infiltration,' he said. Among other major mattress brands, Korea's Ace Bed has not obtained radon certification since 2021. Meanwhile, companies like Tempur Korea, Sono Season and Allerman Spinks have yet to receive any radon-related approvals. Emphasizing the need for stricter oversight, Cho said, 'Developed countries have radon safety frameworks guided by organizations such as the US EPA and European regulatory bodies. Typically, local governments and private associations adopt these guidelines and develop their own systems, which are cross-verified to ensure proper implementation.'
Sassy Mama
2 days ago
- Business
- Sassy Mama
Where To Buy A Mattress In Singapore: Best Mattresses For Back Pain, Side-Sleepers & More
We parents know just how important a good night's sleep is. Consult our guide on where to buy a mattress in Singapore, including the best mattresses for back pain, side-sleepers, cheap mattresses and more. A mattress makes a great investment, especially if you're looking for a restful night's sleep after minding those energetic kids all day. We've found the best mattresses in Singapore for all budget types, including mattresses for back pain, orthopaedic mattresses, cooling mattresses, mattresses for side-sleepers, and even cheap mattresses if you're on a tighter budget. When choosing a mattress in Singapore, we recommend considering everything from your sleeping position, your budget, mattress warranties and other needs you may have, such as back and joint support, firmness and more. Different brands may also have different mattress sizes, so check that it fits your bedframe and space. While you're at it, consult our guide on where to find the best bedsheets in Singapore and kids' bunk beds in Singapore. ↓Keep scrolling for the most popular mattress brands in Singapore!↓ Types of mattresses in Singapore: Here's a breakdown of the most common types of mattresses you can find in Singapore. Pocket spring mattresses: Traditional bouncy and supportive mattresses for minimal motion transfer. Good for couples and back sleepers. Can be found in many mattress brands, including Sealy, Simmons and King Koil. Memory foam mattresses: Soft mattresses that sink in as you lie on it. Good for side-sleepers and those with joint pains. Brands include Tempur, IKEA and Helix. Latex mattresses: Springy and buoyant. Good for hot sleepers and is hypoallergenic (natural latex). Brands include Heveya and Sofzsleep. Hybrid mattresses: Combines layers of an innerspring system with a comfort layer that can be made of gel, foam or latex, offering both support and softness. Most mattress brands in Singapore have hybrid mattresses, many of which are designed for specific needs such as pressure relief, aches and pains and more. Orthopaedic mattresses: Firm mattresses for back support. Good for seniors and those with back pain. Brands such as Dr. Maxis and Azure offer orthopaedic mattresses. Recommended Mattresses In Singapore For All Budget Types: Dunlopillo – Alloy Premier mattress Best mattress in Singapore for: Durability, comfort, pressure-relief and proper spinal alignment If you're shopping for a quality mattress in Singapore that works with both a standard divan and an adjustable bed, the Alloy Premier Mattress by Dunlopillo is worth a look. Designed for deep, restorative sleep, this 28cm mattress combines copper-infused cooling fabric, gel memory foam and 100% natural latex to deliver breathable comfort and responsive support. Inside, you'll find four thoughtfully layered materials: premium memory foam that gently contours to reduce pressure points and promote optimal sleeping posture, soft natural latex for cushioned support and spinal alignment, an ultra-dense latex core for better back support and hypoallergenic protection, and high-density blue marble foam that ensures edge-to-edge support, motion isolation, and long-term durability. It's also allergy-friendly, naturally antibacterial and built to stay fresh in our humid climate—great for sensitive skin or anyone who runs hot at night. The Alloy Premier mattress' layered structure is engineered for full edge support and excellent motion isolation (no more being disturbed when your partner moves). It pairs especially well with the Dunlopillo Moments Motion Bed, an adjustable bed that lets you customise your sleep position. Each purchase comes with free pillows and a mattress protector (worth up to $147). Stay updated on their latest offerings on Facebook and Instagram. Mattress Singapore price: From $2,599–discounted mattresses from $1,899 Mattress trial & warranty: 15-year pro-rated limited warranty Mattress delivery: Free mattress delivery Quote DUNLOPXSASSY to get a free upgrade of latex pillow worth $148 each. Valid from now till 10 August 2025. Dunlopillo, multiple locations in Singapore including Marina Square, City Square Mall & IMM Azure: Affordable orthopaedic mattress Best mattress in Singapore for: Light sleepers and those looking for orthopaedic support for back and joints. Light sleepers, we know how valuable it is to have a mattress in Singapore that doesn't wobble or dip when your bed-mate moves. Azure mattresses are said to have zero motion transfer, plus anti-bacterial, anti-dust-mite and hypoallergenic properties, so a peaceful sleep is underway. Azure has several types of mattresses you can select depending on your needs. Their six-layer hybrid mattresses provide airflow for a cool sleep, plus orthopedic support for those who tend to get aches and pains. Mattress Singapore price: From $139 Mattress trial & warranty: 10 year warranty Mattress delivery: Free shipping and returns Azure Mattresses, No 21 Woodlands Close, #02-15 Primz Bizhub, Singapore 737854, Dr. Maxis: Orthopaedic mattress in Singapore Best mattress in Singapore for: Back pain, vertebral support, softness and luxury feel Dr. Maxis mattresses are fitted with every benefit you can expect from a premium mattress brand: durability, softness, back support, breathability, a cooling feel, anti-bacterial and hypo-allergenic properties. That, plus an array of certifications t1hat justify its high-end pricetag. Dr. Maxis has a wide array of mattresses to choose from, including mattresses for back pain and mattresses fit for royalty. Mattress Singapore price: From $1,799 Mattress trial & warranty: 10 – 25 years depending on mattress model Mattress delivery: Enquire with their distributors Dr. Maxis, available at the following distributors, IKEA: Cheap mattress in Singapore Best mattress in Singapore for: Kids and those on a budget. We love how easy it is to find cute kids' bed frames and kids' mattresses at IKEA. IKEA's got plenty of mattress types, ranging from budget-friendly to hybrid mattresses with varying firmness and support levels. IKEA also has baby cot mattresses–many at affordable prices; perfect for families who are looking for reliable, pocket-friendly options. Mattress Singapore price: Standard mattresses from $89, Cot mattresses from $30, Children's bed mattresses from $50 Mattress trial & warranty: 365-day return (not applicable for children's mattresses) and 10-year limited warranty Mattress delivery: From $35 IKEA Singapore, three locations at Alexandra, Tampines & Jurong, Mongze: Cooling mattress from Korea Best mattress in Singapore for: Cooling sleep & back support The Mongze Deep Sleep Mattress Deluxe is great for hot sleepers. This mattress features an AIRNET technology in a single 20cm-thick layer. It's said to offer more ventilation compared to memory foam mattresses, ensuring you stay cool throughout the night. Mongze mattresses are also firm, great for those who need the right spinal support. Mattress Singapore price: From $1,600 Mattress trial & warranty: 120-day free trial & 1-year warranty Mattress delivery: Free delivery Mongze (Daily&Co), 6 Raffles Boulevard #03-308, Marina Square, 2F, Singapore 039594, Origin: Mattress in Singapore with free trial Best mattress in Singapore for: Back and joint support & cooling properties Designed in Germany, Origin mattresses are optimised for the needs of Singaporeans. Origin has three types of mattresses, including hybrid mattresses with cooling properties. Origin's mattresses are also built to provide optimal support for those with back pain and hip and joint conditions. We love that Origin has XL mattress size options that are longer than regular mattress sizes, for those who need a little more sleeping space! Mattress Singapore price: From $399 (U.P. $669) Mattress trial and warranty: 120-night free trial; 15-year warranty Delivery: Free delivery and return Origin Mattress Singapore, 36 Kaki Bukit Pl, #01-01, Singapore 416214, Sea Horse mattress: Cheap mattress in Singapore Best mattress in Singapore for: Those on a budget. If you're on a tight budget and looking for a cheap mattress in Singapore, you'll be able to find plenty of options at Sea Horse mattresses. Sea Horse has got everything from foldable mattresses to foam mattresses. Both sides of their mattresses can be used, depending on the firmness and support you prefer. Mattress Singapore price: From $39 Mattress trial & warranty: None Mattress delivery: From $3.99 on Shopee – delivery charges may vary depending on where you buy your Sea Horse mattress from. Sea Horse Mattress Singapore, multiple locations including Chinatown, Junction 8, NEX Mall, Simmons: Premium mattress in Singapore Best mattress in Singapore for: Kids, back care, comfort and durability With a huge catalogue under its belt, Simmons is a popular mattress brand in Singapore. You'll be able to find mattresses for every need, whether you're looking for undisturbed sleep or a mattress for back pain. Simmons has collections that include its e-ION Crystal Technology that's said to give you a more restful sleep, plus its own Pocketed Coil spring that conforms to your body and lessens motion transfer while providing the support you need. Mattress Singapore price: Kids' mattresses from $950, other mattresses from $1,299 Mattress trial & warranty: 10-year limited warranty Mattress delivery: Free delivery. Additional charges of $40 and up per item apply for delivery by staircase from floor 7 and up. Simmons, multiple locations in Singapore including Plaza Singapura, Raffles City, IMM, Slumberland: Popular mattress in Singapore Best mattress in Singapore for: Value for money & wide range of mattresses Slumberland has a wide range of mattresses in Singapore, including hybrid mattresses, memory foam mattresses and pocket-spring mattresses. On top of (literally) cool options such as their TempSmart Series, which features a heat-releasing tech. Slumberland's Vitalize series is one to watch; it's almost the Mecca of mattresses, said to have lots of benefits such as improved blood circulation, removing harmful ions, relieving fatigue, joint stiffness and muscle pain and more. Mattress Singapore price: From $990 Mattress trial & warranty: 10 or 15-year warranty depending on mattress model Mattress delivery: Free delivery. Slumberland, multiple outlets & distributors in Singapore including IMM, Compass One, Plaza Singapura, Tempur: Luxury mattress brand in Singapore Best mattress for: Comfort, pressure relief, and cooling mattresses Tempur is a premium mattress brand in Singapore that has a range of mattresses to suit all needs. Their Tempur Advanced Material is said to provide great pressure relief and motion absorption, while the SmartCool range comes cool to the touch and absorbs excess heat–all in the name of a comfortable and restful sleep. Mattress Singapore price: From $2,599 Mattress trial & warranty: 10-year warranty and 15-year limited warranty for mattresses Mattress delivery: Free mattress delivery Tempur Singapore, available at multiple distributors including Tan Boon Liat Buildng, IMM, Plaza Singapura, Woosa: Premium memory foam mattresses Best mattress for: Hotel-like comfort We never realised how aesthetic mattresses in Singapore could be … until we found Woosa. Woosa has three types of mattresses, offering options from memory foam to cloud foam for the ultimate comfort and support. Woosa's mattresses also come with breathable latex that helps sleepers stay cool throughout the night. Mattress Singapore price: From $1,549 Mattress trial & warranty: 10-year warranty, free returns within 30 days Mattress delivery: Free mattress delivery Woosa Singapore, 1 Tampines North Dr. 1, #01-01 T-Space, Singapore 528559, Other popular mattress brands in Singapore: Dreamax: Cheap spring mattress in Singapore Cheap spring mattress in Singapore Helix: Premium hybrid mattresses with limited lifetime warranty Premium hybrid mattresses with limited lifetime warranty Heveya: Organic latex mattresses Organic latex mattresses King Koil: Huge selection of mattresses Huge selection of mattresses Snow Slumber: Cooling mattress in Singapore Read more:
Forbes
4 days ago
- Health
- Forbes
The 6 Best Orthopedic Dog Beds For Pups Of All Ages And Sizes
Not every dog bed labeled "orthopedic" actually supports your dog's joints. The best orthopedic dog beds use high-quality memory foam designed specifically to relieve pressure from sensitive areas like your pup's hips, elbows and spine, without flattening after a few months of use. Beds like the Casper Dog Bed, our top pick overall, evenly distribute your dog's weight and provide comfort that standard beds simply can't match—especially for senior dogs, large breeds or pups recovering from surgery. The best orthopedic dog beds, from brands like Casper, Orvis and more, can protect your pup's joints ... More and help them rest more comfortably. If you're wondering whether your dog needs better support, start by observing their sleep habits. 'Discomfort may not always be obvious," says Dr. Jennifer Bruns, veterinarian at PetSmart Veterinary Services. "Dogs may avoid their bed entirely or prefer lying on the floor if the bed is not supportive enough.' Small behavioral clues like these can reveal if your pup would benefit from an orthopedic upgrade. To help you choose a dog bed that's right for them, we've included a range of tested and expert-approved picks, like the Orvis RecoveryZone ToughChew Couch Dog Bed, which is durable enough to survive dogs who might normally shred up a bed in days, and the Sealy Lux Pet Dog Bed, designed specifically to keep pups cool. Whatever your dog's needs, the right orthopedic bed can noticeably improve how comfortably they sleep and the ease with which they move afterward. Casper Sleep Type: Bolstered rectangle | Sizes: 3 | Colors: 3, including Gray, Blue and Sand | Outer material: Nylon, polyester and olefin microfiber | Inner material: Memory foam, polyurethane support foam | Washable cover: Yes What you'll love: Keep in mind: Many of the dog beds we've tested feel comfortable at first but start sinking and losing their support after just a few months. Casper's bed solves this problem with two layers of foam: a sturdy polyurethane foam base that gives the bed structure and keeps your dog properly elevated, plus a memory foam layer on top that cushions joints and evenly distributes weight. Forbes Vetted senior mattress editor Bridget Chapman says her dog has slept on the Casper bed daily for more than a year, and it still feels just as firm and supportive as it did on day one. (Her pup still loves it, too.) The Casper also has firm foam bolsters around the edges, which provide dogs with a cozy spot to rest their heads or curl up against. Its cover is soft, durable and easy to unzip and toss in the washing machine (though it does take a little more effort to get back on), and the zippers tuck neatly into hidden pockets so they won't scratch your floors. There's also some slightly loose fabric on top, which is intentionally designed for dogs who like to paw and dig around before getting comfy; it's made from tough, bonded microfiber that doesn't easily rip, even if your pup makes digging a regular habit. (Though if something does happen, replacement covers are sold separately.) Forbes Vetted managing editor Emmy Favilla says her dog often takes advantage of this feature, happily pawing at the material before settling in for a nap. And because it has a clean, understated look, the Casper blends easily into just about any room—something our editors have appreciated after months, or even years, of having it in their homes. FurHaven Type: Bolstered rectangle | Sizes: 5 | Colors: 3, including Brownstone and Granite Gray | Outer material: Velvet microfiber | Inner material: Orthopedic foam (convolute, solid or memory foam) | Washable cover: Yes What you'll love: Keep in mind: Orthopedic dog beds can be expensive, and if you're shopping for a puppy or an older dog, it doesn't always make sense to splurge. That's why I originally bought the FurHaven Sofa Dog Bed—and why I've repurchased it multiple times since. It's less than half the cost of many premium options (under $60 for a large size), but this bed still provides supportive cushioning that gives dogs of all ages the comfort and joint support they need. The foam isn't quite as thick or dense as pricier beds, but even after a few years, it still hasn't flattened down to the floor. FurHaven also lets you choose from a few types of foam, including egg-crate convolute foam, solid orthopedic foam and responsive memory foam, depending on what your dog needs. I've tested multiple versions and found each comfortable and supportive enough for my 50-pound dog (and roomy enough for another 40-pound pup to squeeze in). The soft velvet-like cover washes easily, hides fur very well and hasn't ripped after countless cycles in my machine. Putting the bolsters and foam back inside after cleaning does take a little patience, but that's pretty typical for washable dog beds. Amazon Type: Bolstered rectangle | Sizes: 5 | Colors: 3, including Autumn Brown, Modern Gray and Navy | Outer material: Faux-felt polyester | Inner material: Quad-layer memory foam and cooling gel | Washable cover: Yes What you'll love: Keep in mind: If your dog overheats easily or struggles to settle comfortably, a cooling orthopedic bed might be particularly beneficial. The Sealy Lux Pet Dog Bed has a four-layer foam design specifically meant to keep dogs cooler and relieve pressure from sensitive joints. The top layer uses cooling gel to draw heat away from your dog's body, which makes a noticeable difference in warm weather. Beneath that, a memory foam layer contours to your dog's shape, and supportive foam underneath keeps your dog elevated off the floor. Another helpful feature is the charcoal-infused bottom layer, which is designed to absorb pet odors and keep the bed fresher between washes. When it is time to clean the bed, the polyester cover zips off easily and can be tossed directly into the washing machine. This bed also has bolstered edges on three sides, giving pups a comfortable place to rest their heads or curl up against something supportive. Meanwhile, the open front makes it easy for older pets, dogs with joint pain or pups recovering from injuries to step in without extra effort. Amazon Type: Bolstered rectangle | Sizes: 8 | Colors: 36 (though not all colors are available in every size), including Gray, Brown and Navy | Outer material: Flannel or plush flannel | Inner material: Egg-crate orthopedic foam | Washable cover: Yes What you'll love: Keep in mind: Smaller dogs often prefer beds that feel cozy and secure but aren't challenging to climb into. Bedsure's Orthopedic Dog Bed is a great pick for little pups because of its lower entry point and small front opening, a design that makes it easy for small or senior dogs to step in and out without added effort. Its egg-crate foam base is designed to cushion joints and pressure points, so it should feel especially comfortable for older small breeds or dogs recovering from injuries. The bed has four-sided bolsters to create a snug, enclosed space that smaller dogs often find comforting, especially if they like to curl up rather than stretch out. There's also a waterproof liner beneath the removable cover, which protects the foam if your dog has an accident or a spill happens. The soft flannel cover comes in dozens of colors and zips off easily whenever you need to wash it. And the bottom of the bed is designed to be non-slip, so it'll stay in place even on slippery hardwood floors. Chewy Type: Pillow with headrest | Sizes: 3 | Colors: 4, including Burgundy, Khaki and Charcoal Gray | Outer material: Microfiber | Inner material: Orthopedic foam | Washable cover: Yes What you'll love: Keep in mind: If you have a big dog, you've probably noticed that most dog beds just aren't built to handle their weight. The foam usually feels supportive at first, but within a few months it flattens out and your pup ends up practically lying on the floor. The Big Barker Orthopedic Pillow Dog Bed is designed with thick, mattress-quality foam specifically designed for larger breeds—Favilla says it feels more like lying on a human mattress than a standard dog bed. (Yes, she tested it out herself.) After several months of using the Big Barker at home, her large, arthritic senior dog consistently chose this bed over all the others in the house. Instead of sinking into the foam, large dogs stay comfortably lifted off hard surfaces, and the bed is even strong enough to support two big dogs at once; the XL size easily accommodates a couple of Labs, pit bulls or similar-sized breeds. There's also a raised pillow along one side for extra comfort, so dogs can rest their heads or lean against it without restricting how much they stretch out. Vets often recommend this type of sturdy support to help prevent joint pain, especially in bigger or older dogs. Its microfiber cover is soft, washable and does a good job resisting muddy paw prints, slobber and fur (though, like many of our favorite beds, getting it back on after washing takes a bit of patience). Just keep in mind: This bed is substantial, both in terms of price and floor space. If your dog doesn't need quite this much room, or your home is short on extra space, a smaller option like the Casper might be a better fit. Orvis Type: Bolstered rectangle | Sizes: 3 | Colors: 4, including Brown and Slate | Outer material: Ripstop nylon and polyester | Inner material: Dual-layer orthopedic foam | Washable cover: Yes What you'll love: Keep in mind: The Orvis RecoveryZone ToughChew Couch Dog Bed is specifically built for pups determined to rip apart everything they sleep on. Unlike typical dog beds, this one has a rugged, upholstery-grade cover reinforced with ripstop nylon beneath—similar to fabric used for backpacks or camping gear—so it's almost impossible for teeth or claws to tear through. Hidden brass zippers and built-in handles are intentionally tucked out of sight, further limiting tempting chew targets. And just in case your dog somehow does manage to chew through it, Orvis backs this bed with a no-questions-asked, money-back guarantee. Inside, the bed is designed to provide strong orthopedic support, with a dense 4-inch foam base and an additional softer layer on top that helps ease pressure from joints and sore muscles. Solid foam bolsters around three sides create a secure space that many dogs naturally gravitate toward, while the front is open for easy access. The washable cover does a surprisingly good job at hiding fur and dirt, and there's a waterproof liner underneath so the foam won't get ruined even if your pup has an accident. It's definitely pricier than other beds, but if you're tired of tossing shredded covers into the trash, the investment makes sense. The Forbes Vetted team is made up of pet parents who regularly research, test and recommend pet products, including the best dog beds, the best dry dog food and the best dog leashes. For this guide to the best orthopedic dog beds, we relied on firsthand experience with many of these beds, plus extensive research and consultations with veterinary experts. To find the best orthopedic dog beds, we combined long-term personal use, in-depth product research and insights from trusted veterinary professionals to ensure each recommendation is worth your investment. Buying an orthopedic dog bed involves more than just choosing one labeled as 'orthopedic.' To ensure your dog benefits from improved joint health and comfort, here's what veterinary experts recommend looking for. The most important feature in an orthopedic dog bed is the foam. Look specifically for high-density memory foam or a multilayered orthopedic foam base that's firm enough to prevent sinking. Bruns says true orthopedic beds 'provide proper joint support and even weight distribution to minimize pressure points on sensitive areas like hips and elbows.' Waggel's resident veterinarian Dr. Aimee Warner adds a simple test: 'Push your hand into the foam," she says. "If it slowly comes back and maintains its shape, you're likely seeing real support and not just marketing.' Bolstered edges around the bed, like those you see on picks like the Casper and Bedsurebeds on this list, aren't just decorative. 'Side bolsters are a welcome addition, especially for dogs who curl up or need head and neck support,' says Warner. But accessibility also matters, particularly for older or mobility-challenged pets. Bruns advises pet owners to choose a bed that's easy for dogs to step onto, noting that low-profile designs without steep edges or high bolsters minimize strain and reduce discomfort. Orthopedic beds typically represent a bigger investment, so it's important that they're both durable and easy to clean. According to Warner, washable covers are essential—especially for older dogs prone to accidents or those recovering from procedures. 'Neglecting to seek out washable covers can be a hygiene nightmare,' she says. Look for beds with removable covers that are machine washable (like every pick on our list) and ideally water-resistant to resist drool, dirt and accidents. Regularly cleaning and occasionally rotating the bed will also help extend its lifespan and keep your dog's sleeping area clean and comfortable.
Yahoo
4 days ago
- Business
- Yahoo
SGI Q1 Earnings Call: Revenue Miss, Guidance Cut, and Tariff Mitigation Plans Detailed
Bedding manufacturer Somnigroup (NYSE:SGI) missed Wall Street's revenue expectations in Q1 CY2025, but sales rose 34.9% year on year to $1.6 billion. Its non-GAAP EPS of $0.49 per share was 5.1% above analysts' consensus estimates. Is now the time to buy SGI? Find out in our full research report (it's free). Revenue: $1.6 billion (34.9% year-on-year growth) Adjusted EPS: $0.49 vs analyst estimates of $0.47 (5.1% beat) Adjusted Operating Income: $182.8 million vs analyst estimates of $185.4 million (11.4% margin, 1.4% miss) Management lowered its full-year Adjusted EPS guidance to $2.47 at the midpoint, a 11.6% decrease Operating Margin: 0.8%, down from 11.1% in the same quarter last year Market Capitalization: $13.6 billion Somnigroup's first quarter performance was shaped by the initial integration of Mattress Firm and the ongoing launch of new product lines, particularly the Sealy Posturepedic collection in North America. CEO Scott Thompson cited 'continued strong performance in our international business' and highlighted solid mid-single-digit sales growth in key markets, despite the impact of foreign exchange. Management also addressed weaker-than-expected U.S. consumer demand over the President's Day period and a challenging market backdrop. The company's operational focus included expanding distribution, accelerating private label initiatives, and streamlining logistics, all of which were intended to counteract industry headwinds and drive market share gains. Looking forward, Somnigroup's revised outlook reflects lowered expectations for the U.S. bedding market, with management now projecting a mid-single-digit industry decline for the year. CFO Bhaskar Rao attributed the guidance cut primarily to a 'rapid change in consumer confidence or sentiment in the U.S.,' describing it as volatile and policy-driven. The company plans to offset new tariff costs by combining supplier negotiations and price increases, which are set to take effect in the third quarter. Management emphasized upcoming marketing campaigns and the ongoing rollout of the Sealy collection as potential drivers for a modest second-half improvement, though they cautioned that overall industry demand is likely to remain subdued. Management discussed the integration of Mattress Firm, evolving market conditions, and the company's response to tariff developments as major themes impacting the quarter. International business momentum: The international segment, led by the Tempur brand, delivered mid-single-digit sales growth on a reported basis and high single digits in constant currency. Management highlighted the success of new Tempur products and an expanded price range that increased distribution opportunities and market reach. Sealy Posturepedic launch progress: The comprehensive rebranding and rollout of the Sealy Posturepedic collection in North America was a major operational focus. Early locations showed encouraging results, and the product is expected to be widely available by Memorial Day, supported by a national advertising campaign. Mattress Firm integration and synergies: Somnigroup completed the first phase of integrating Mattress Firm, focusing on leadership alignment, cost reduction, and logistics optimization. The company increased its near-term synergy target for 2025 to $15 million and is leveraging Mattress Firm's home delivery network for enhanced operational efficiency. Tariff mitigation strategy: Facing new tariffs, Somnigroup acted to reduce exposure through supplier changes and cost-sharing arrangements. The remaining impact will be addressed by a 2% price increase in North America, effective in the third quarter, with management expecting the combination of actions to fully offset the tariff cost. Advertising and merchandising changes: Somnigroup is doubling down on advertising scale, aiming for more effective campaigns by aligning messaging and leveraging buying power. Mattress Firm is also expanding its assortment through new vendor partnerships and increasing the share of Tempur Sealy-manufactured products, including an expanded private label offering. Somnigroup's updated outlook centers on cautious U.S. consumer sentiment, cost pressures from tariffs, and the pace of synergy realization from the Mattress Firm acquisition. Consumer confidence uncertainty: Management attributed the lower guidance to a double-digit decline in U.S. consumer confidence, which it sees as the main determinant of short-term demand. While this index is considered highly volatile and policy-sensitive, any recovery in sentiment could improve sales trends. Tariff pass-through and cost management: The company expects to manage increased tariff-related costs by shifting suppliers and raising prices. While these actions are intended to neutralize the margin impact, there is a lag in implementation, leading to a temporary headwind in the second quarter. New product and marketing initiatives: The ongoing rollout of the Sealy Posturepedic collection and the reimagined Mattress Firm advertising campaign are expected to drive incremental demand in the second half. Management is also focused on merchandising changes and expanded vendor partnerships to enhance store traffic and average order value. In the coming quarters, the StockStory team will be watching (1) the pace of synergy realization and operational improvements following the Mattress Firm acquisition, (2) the market response to new product launches and expanded vendor partnerships, and (3) the effectiveness of tariff mitigation and price increase strategies. Progress on these fronts, as well as shifts in U.S. consumer confidence, will be key indicators of future performance. Somnigroup currently trades at a forward P/E ratio of 22.7×. Should you double down or take your chips? See for yourself in our full research report (it's free). Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today.
Yahoo
02-06-2025
- Health
- Yahoo
Trump cuts hundreds of EPA grants, leaving cities on the hook for climate resiliency
This coverage is made possible through a partnership between Grist and WABE, Atlanta's NPR station. Thomasville, Georgia, has a water problem. Its treatment system is far out of date, posing serious health and environmental risks. 'We have wastewater infrastructure that is old,' said Sheryl Sealy, the assistant city manager for this city of 18,881 near the Florida border, about 45 minutes from Tallahassee. 'It's critical that we do the work to replace this.' But it's expensive to replace. The system is especially bad in underserved parts of the city, Sealy said. In September, Thomasville applied to get some help from the federal government, and just under four months later, the city and its partners were awarded a nearly $20 million Community Change grant from the U.S. Environmental Protection Agency to make the long-overdue wastewater improvements, build a resilience hub and health clinic, and upgrade homes in several historic neighborhoods. 'The grant itself was really a godsend for us,' Sealy said. In early April, as the EPA canceled grants for similar projects across the country, federal officials assured Thomasville that their funding was on track. Then on May 1, the city received a termination notice. 'We felt, you know, a little taken off guard when the bottom did let out for us,' said Sealy. Thomasville isn't alone. Under the Trump administration, the EPA has canceled or interrupted hundreds of grants aimed at improving health and severe weather preparedness because the agency 'determined that the grant applications no longer support administration priorities,' according to an emailed statement to Grist. The cuts are part of a broader gutting of federal programs aimed at furthering environmental justice, an umbrella term for the effort to help communities that have been hardest hit by pollution and other environmental issues, which often include low-income communities and communities of color. In Thomasville's case, the city has a history of heavy industry that has led to poor air quality. Air pollution, health concerns, and high poverty qualified the surrounding county for the Biden administration's Justice40 initiative, which prioritized funding for disadvantaged communities. Thomasville has some of the highest exposure risks in Georgia to toxic air pollutants that can cause respiratory, reproductive, and developmental health problems, according to the Environmental Defense Fund's Climate Vulnerability Index. The city's wastewater woes don't only mean the potential for sewage backups in homes and spills into local waterways but also the risk of upper respiratory problems, according to Zealan Hoover, a former Biden administration EPA official who is now advising the advocacy groups Environmental Protection Network and Lawyers for Good Government. 'These projects were selected because they have a really clear path to alleviating the health challenges facing this community,' he said. Critics argue there's a disconnect between the Trump administration's attack on the concept of environmental justice and the realities of what the funds are paying for. 'What is it about building a new health clinic and upgrading wastewater infrastructure … that's inconsistent with administration policy?' Democratic Georgia Senator Jon Ossoff asked EPA Administrator Lee Zeldin at a recent hearing. Zeldin repeatedly responded by discussing the agency's review process intended to comply with President Donald Trump's executive orders, particularly those related to diversity, equity, and inclusion policies, but Ossoff cut him off, pushing for a specific answer about Thomasville's grant. 'Is a new health clinic for Thomasville, Georgia, woke?' he asked. Thomasville's Sealy said she understands that the federal government has to make hard funding decisions — that's true locally too — but losing this grant has left her city in the lurch. In addition to the planned work on the wastewater collection system, the city needs to update its treatment plant to meet EPA standards. That overhaul will likely cost $60 million to $70 million, she said. 'How do you fund that?' Sealy asked. 'You can't fund that on the backs of the people who pay our rates.' The funding cuts have left cities across Georgia — including Athens, Norcross, and Savannah — as well as nonprofit groups, in a state of uncertainty: some grants terminated, some suspended then reinstated, some still unclear. This puts city officials in an impossible position, unable to wait or to move forward, according to Athens-Clarke County Sustainability Director Mike Wharton. 'Do you commit to new programs? Do you commit to services?' he said. 'Here you are sitting in limbo for months.' Like Thomasville, Athens was also awarded a nearly $20 million Community Change grant. The city was going to use the money for backup generators, solar power, and battery storage at its public safety complex — ensuring 911, police, the jail, a domestic violence shelter, and other services could all operate during a power outage. That grant has been terminated. The problem, Wharton said, goes beyond that money not coming in; the city had already spent time, resources, and money to get the grant. 'We spent $60,000 in local funding hiring people to write the grants,' he said. 'Over a period of 14 months we invested over 700 hours of local personnel time. So we diverted our services to focus on these things.' These frustrations are playing out for grant recipients throughout the state and country, according to Hoover. He said it's not just confusing — it's expensive. 'They are causing project costs to skyrocket because they keep freezing and unfreezing and refreezing projects,' he said. 'One of the big drivers of cost overruns in any infrastructure project, public or private, is having to demobilize and remobilize your teams.' Thomasville and Athens officials both said they're appealing their grant terminations, which require them to submit a formal letter outlining the reasons for their appeal and requesting the agency reconsider the decision. They're also reaching out to their elected officials, hoping that pressure from their senators and members of Congress can get them the federal money they were promised. Other cities and nonprofits, as well as a group of Democratic state attorneys general, have sued, arguing that terminating their grants without following proper procedures is illegal. But that's a difficult step for many localities to take. 'Suing the federal government to assert your legal rights is very daunting, even if the law is on your side,' Hoover said. This story was originally published by Grist with the headline Trump cuts hundreds of EPA grants, leaving cities on the hook for climate resiliency on Jun 2, 2025.
