7 unchanged sentences
The dividend is payable on March 19, 2026 to shareholders of record on the close of business March 5, 2026.
−Removed: However, payment of future dividends, and the timing and amount thereof, will be at the discretion of our Board of Directors and will depend on our
−Removed: earnings, operating and financial condition, capital requirements, legal requirements and other factors that our Board of Directors deems relevant.
+Added: However, payment of future dividends, and the timing and amount thereof, will be at the discretion of our Board of Directors and will depend on our earnings, operating and financial condition, capital requirements, legal requirements and other factors that our Board of Directors deems relevant.
Further, we are subject to certain customary restrictions on dividends under our 2023 Credit Agreement and Indentures.
2 unchanged sentences
Our Board of Directors authorized a share repurchase program in 2016 pursuant to which we were authorized to repurchase shares of our common stock, and the Board of Directors has authorized increases to this authorization from time to time.
−Removed: During the year ended December 31, 2024, we did not repurchase shares under the program while the Mattress Firm acquisition was pending.
+Added: During the year ended December 31, 2025, we did not repurchase shares under the program.
We had approximately $774.5 million remaining under the share repurchase program as of December 31, 2025.
17 unchanged sentences
Each year we assess our peer group and evaluate if they meet our market capitalization criteria.
−Removed: In 2024, Mohawk Industries Inc.
−Removed: was added to the peer group, while Sleep Number Corporation was removed since they no longer meet our revenue and business comparability criteria.
2025 Peer Group
13 unchanged sentences
(HBI) Ralph Lauren Corporation (RL)
−Removed: 2023 Peer Group
−Removed: Brunswick Corporation (BC) Hasbro, Inc.
−Removed: (HAS) Skechers U.S.A., Inc.
−Removed: Capri Holdings Limited (CPRI) Leggett & Platt, Incorporated (LEG) Sleep Number Corporation (SNBR)
−Removed: Carter's, Inc.
−Removed: (CRI) Levi Strauss & Co.
−Removed: (LEVI) Tapestry, Inc.
−Removed: Columbia Sportswear Company (COLM) Polaris Industries Inc.
−Removed: (PII) Under Armour, Inc.
−Removed: Deckers Outdoor Corporation (DECK) PVH Corp.
−Removed: (PVH) Williams-Sonoma, Inc.
−Removed: Gildan Activewear Inc.
−Removed: (GIL) Ralph Lauren Corporation (RL)
−Removed: Hanesbrands Inc.
−Removed: (HBI) RH (RH)
12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
4 unchanged sentences
2025 Peer Group 100.00 126.14 90.66 103.73 126.22 132.87
−Removed: 2024 Peer Group 100.00 101.24 124.37 90.58 100.69 113.79
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.