Purple Innovation, Inc. (PRPL)
Market Cap | 87.70M |
Revenue (ttm) | 472.02M |
Net Income (ttm) | -66.82M |
Shares Out | 108.39M |
EPS (ttm) | -0.63 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,548,932 |
Open | 0.8200 |
Previous Close | 0.8200 |
Day's Range | 0.7600 - 0.8488 |
52-Week Range | 0.5600 - 1.5900 |
Beta | 1.62 |
Analysts | Hold |
Price Target | 1.25 (+54.49%) |
Earnings Date | May 6, 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 54.49% from the latest price.
News

Purple Innovation, Inc. (PRPL) Q1 2025 Earnings Call Transcript
Purple Innovation, Inc. (NASDAQ:PRPL) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Stacy Turnof – Investor Relations Rob DeMartini – Chief Executive Officer Todd Vogen...

Purple Innovation Reports First Quarter 2025 Results; Reaffirms 2025 Guidance
Exceeded Q1 Adjusted EBITDA Target; Delivered Q1 Sales Consistent with Guidance GAAP Gross Margin of 39.4% in Q1; Adjusted Gross Margin Above 40% for Fourth Consecutive Quarter LEHI, Utah , May 6, 202...

Purple Announces Significant Expansion of Commercial Relationship with Somnigroup
Agreements meaningfully increase Purple's footprint in Mattress Firm stores nationwide and provide Purple with strategic supply support from Tempur Sherwood Bolsters Mattress Firm's position as a mult...

Purple Innovation to Report First Quarter 2025 Results on May 6, 2025
LEHI, Utah , May 2, 2025 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure™ Mattress," will report first...

Purple Mattress: Should You Buy This Mattress in 2025?
Looking for next-level comfort during sleep? This Purple mattress review will show you how their patented GelFlex grid and other mattress features can improve the quality of your sleep. Looking for ne...

PURPLE TRANSFORMS LUXURY SLEEP WITH NEW REJUVENATE COLLECTION FEATURING GRID TECHNOLOGY - THE MOST COMFORTABLE MATTRESS OF ALL TIME
New DreamLayer™ Technology Provides Unparalleled Pressure Relief in Four New Rejuvenate Mattress Models SALT LAKE CITY , April 29, 2025 /PRNewswire/ -- Purple Innovation , Inc ("Purple"), (NASDAQ: PR...

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 ...