Purple Innovation, Inc. (PRPL)
Market Cap | 80.91M |
Revenue (ttm) | 487.88M |
Net Income (ttm) | -97.90M |
Shares Out | 107.71M |
EPS (ttm) | -0.91 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 379,817 |
Open | 0.7900 |
Previous Close | 0.7828 |
Day's Range | 0.7400 - 0.7978 |
52-Week Range | 0.6490 - 2.1200 |
Beta | 2.37 |
Analysts | Hold |
Price Target | 1.25 (+66.4%) |
Earnings Date | Mar 13, 2025 |
About PRPL
Purple Innovation, Inc. designs, manufactures, and sells sleep and other products in the United States and internationally. It offers mattresses, pillows, sheets, waterproof mattress protectors, bases, and seat cushions, as well as blankets and duvets. The company markets and sells its products through its direct-to-consumer e-commerce channels, retail brick-and-mortar wholesale partners, third-party online retailers, and Purple showrooms. The company was founded in 2010 and is headquartered in Lehi, Utah. [Read more]
Financial Performance
In 2024, Purple Innovation's revenue was $487.88 million, a decrease of -4.44% compared to the previous year's $510.54 million. Losses were -$97.90 million, -18.93% less than in 2023.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for PRPL stock is "Hold." The 12-month stock price forecast is $1.25, which is an increase of 66.40% from the latest price.
News

Purple Innovation Reports Fourth Quarter and Full Year 2024 Results
Returned to Positive Adjusted EBITDA and Cash Flow in Fourth Quarter GAAP Gross Margin of 42.9% in Q4; Adjusted Gross Margin improved Over 810bps in Q4 Versus Last Year Generated Incremental Liquidity...

Purple Innovation Announces Review of Strategic Alternatives to Maximize Shareholder Value
Initiates Review Following Receipt of Expressions of Interest Returned to Positive Adjusted EBITDA and Positive Cash Flow Generation in Fourth Quarter 2024 and Expanded Credit Facility, Enabling Enhan...

Purple Innovation to Report Fourth Quarter and Full Year 2024 Results on March 13, 2025
LEHI, Utah , March 12, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report fo...

Purple Innovation Revises Full Year 2024 Guidance; Company Announces Participation in the 2025 ICR Conference
Expects full year net revenue between $486 and $488 million and adjusted EBITDA between $(23) and $(21) million Expects positive cash flow and adjusted EBITDA in the fourth quarter LEHI, Utah , Jan. 1...

Purple Innovation, Inc. (PRPL) Q3 2024 Earnings Call Transcript
Purple Innovation, Inc. (PRPL) Q3 2024 Earnings Call Transcript

Purple Innovation Reports Third Quarter 2024 Results
Restructuring Initiatives are On Track and Delivering Significant Margin Improvement GAAP Gross Margin of 29.7%; Adjusted Gross Margin Improved 340bps versus Last Year to 40.5% Adjusted EBITDA Loss Na...

Purple Innovation to Report Third Quarter 2024 Results on November 4, 2024
LEHI, Utah , Oct. 28, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report thi...

Glancy Prongay & Murray LLP Announces Investigation of Purple Innovation, Inc. (PRPL)
NEW YORK--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Purple Innovation, Inc. (Nasdaq: PRPL) concerning the Company and its directors' and officers' possible vi...

Inventor of Purple Mattress Unveils New Technology and New Brand for Better Sleep
ALPINE, Utah--(BUSINESS WIRE)--Tony Pearce, inventor of Purple's flexible grid technology, has developed a new pressure-isolating system for mattresses. After the tremendous, industry-shaking success ...

Purple Innovation Announces Consolidation of Manufacturing Operations to Accelerate Growth
Actions will expedite Grid innovation and deliver cost synergies Anticipated to generate $15 to $20 million in EBITDA benefit in 2025 LEHI, Utah , Aug. 22, 2024 /PRNewswire/ -- Purple Innovation, Inc....

Purple Innovation, Inc. (PRPL) Q2 2024 Earnings Call Transcript
Purple Innovation, Inc. (NASDAQ:PRPL) Q2 2024 Earnings Conference Call August 5, 2024 4:30 PM ET Company Participants Cody McAlester – ICR Rob DeMartini – Chief Executive Officer Todd Vogensen – Chie...

Long Assets On Path To Creating Significant Value, Shorting Remains Very Challenging
In the first half of 2024, our long book performed strong relative to the Russell 2000, driven by our high-conviction positions. We are pleased with our relative performance and believe the Russell 20...

Purple Innovation Reports Second Quarter 2024 Results
LEHI, Utah , Aug. 5, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced ...

Purple to Report Second Quarter 2024 Results on August 5, 2024
LEHI, Utah , July 25, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report sec...

Purple to Participate in Oppenheimer 24th Annual Consumer Growth & E-Commerce Conference
LEHI, Utah , June 4, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple") a comfort innovation company known for creating the "World's First No Pressure™ Mattress," today announced t...

Purple Innovation, Inc. (PRPL) Q1 2024 Earnings Call Transcript
Purple Innovation, Inc. (NASDAQ:PRPL) Q1 2024 Results Conference Call May 7, 2024 4:30 PM ET Company Participants Cody McAlester - ICR Rob DeMartini - Chief Executive Officer Todd Vogensen - Chief Fi...

Purple Innovation Reports First Quarter 2024 Results
LEHI, Utah , May 7, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL), a comfort innovation company known for creating the "World's First No Pressure ™ Mattress," today announced results for...

Purple to Report First Quarter 2024 Results on May 7, 2024
LEHI, Utah , April 30, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report fi...

Inducement Grants to Executive Officers
CFO Todd Vogensen and CLO Tricia McDermott Received Inducement Grants LEHI, Utah , March 14, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known ...

Purple Innovation to Present at the 36th Annual ROTH Conference
LEHI, Utah , March 13, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," today announce...

Purple Innovation, Inc. (PRPL) Q4 2023 Earnings Call Transcript
Purple Innovation, Inc. (PRPL) Q4 2023 Earnings Call Transcript

Purple Innovation Reports Fourth Quarter and Full Year 2023 Results
Company Projecting Mid to High Single Digit Percentage Revenue Growth in 2024 with Positive Adjusted EBITDA in the Second Half of the Year LEHI, Utah , March 12, 2024 /PRNewswire/ -- Purple Innovation...

PURPLE INNOVATION AND TEMPUR SEALY INTERNATIONAL REACH AGREEMENT
Framework for Mattress Firm Partnership and Confirmation of Purple's Patents LEHI, Utah , March 12, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a comfort i...

Purple to Report Fourth Quarter and Full Year 2023 Results on March 12, 2024
LEHI, Utah , Feb. 27, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report fou...

Purple Innovation Strengthens Balance Sheet, Creating Greater Financial Flexibility to Execute Growth Strategy
Company Reaffirms 2023 Guidance and Provides Update on Efforts to Accelerate Revenue Growth and EBITDA Improvement LEHI, Utah , Jan. 23, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("P...