Purple Innovation, Inc. (PRPL)
Market Cap | 129.82M |
Revenue (ttm) | 515.36M |
Net Income (ttm) | -166.94M |
Shares Out | 105.55M |
EPS (ttm) | -1.79 |
PE Ratio | n/a |
Forward PE | 294.12 |
Dividend | $0.00 (0.08%) |
Ex-Dividend Date | Apr 27, 2023 |
Volume | 6,073,463 |
Open | 0.89 |
Previous Close | 0.89 |
Day's Range | 0.88 - 1.39 |
52-Week Range | 0.55 - 6.76 |
Beta | 1.62 |
Analysts | Buy |
Price Target | 4.19 (+240.65%) |
Earnings Date | Nov 9, 2023 |
About PRPL
Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. The company also offers bases, foundations, sheets, mattress protectors, bed frames, seat cushions, blankets, and duvets, as well as pet beds. It markets and sells its products through its e-commerce online channels, retail brick-and-mortar wholesale partners, and third-party online retailers, as well as through Purple retail showrooms. The company was founded in 2010 and is headquartered in Lehi, Utah. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for PRPL stock is "Buy." The 12-month stock price forecast is $4.19, which is an increase of 240.65% from the latest price.
News

Purple Announces Positive Black Friday/Cyber Monday Weekend Selling Period and Reiterates 2023 Full Year Outlook Ahead of Investor Conferences
Company Participating in Raymond James TMT & Consumer Conference on December 5 and ROTH MKM Deer Valley Conference on December 14 LEHI, Utah , Dec. 4, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NAS...

Purple Introduces Two New Pillows That Offer Deeper Sleep Through Customization and Portability
The New Purple Harmony™ Anywhere and Freeform™ Pillows Further the Leading Brand's Mission to Make Deep Sleep Effortless SALT LAKE CITY , Nov. 14, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ:...

Purple Innovation Reports Third Quarter 2023 Results
Third Quarter Revenue Increased 19% Sequentially vs. Second Quarter and Just Short of Year Ago New Product Transition Costs Temporarily Weighing on Margins Company Expecting Return to Year-over-Year R...

Purple Mattress Black Friday (2023): Round-up of Early Mattress & Hybrid Mattress Offers & More Shared by Consumer Articles
BOSTON--(BUSINESS WIRE)--Black Friday sales researchers at Consumer Articles reveal the early Black Friday 2023 offers on Purple mattresses, bed frames, pillows & bedding.

Purple Innovation and RemWave Announce Partnership
LEHI, Utah , Nov. 1, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the leader in groundbreaking sleep technology and inventor of the GelFlex ®, Grid and BioFi, the creator of...

Purple to Report Third Quarter 2023 Results on November 9, 2023
LEHI, Utah , Oct. 24, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report thi...

PURPLE APPOINTS TRICIA MCDERMOTT AS CHIEF LEGAL OFFICER
McDermott Brings a Successful Track Record of Leading Legal Departments and Driving Intellectual Property Transactions at Several Multibillion Dollar Retail Brands LEHI, Utah , Sept. 27, 2023 /PRNewsw...

PURPLE APPOINTS TODD VOGENSEN AS CHIEF FINANCIAL OFFICER
Vogensen Brings a Successful Track Record Driving Results at Multi-Billion Dollar Retailers LEHI, Utah , Sept. 21, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), the world lea...

Purple Innovation Reports Second Quarter 2023 Results
Largest Product Introduction Points Business in the Right Direction LEHI, Utah , Aug. 9, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for ...

Purple to Report Second Quarter 2023 Results on August 9, 2023
LEHI, Utah , Aug. 2, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report seco...

Purple Launches Two New Mobile-Controlled Adjustable Smart Bases
New Premium and Premium Plus Smart Bases Promise Comfort and Support for a Healthier Lifestyle SALT LAKE CITY , June 15, 2023 /PRNewswire/ -- Purple Innovation, Inc. ("Purple"), (NASDAQ: PRPL), the w...

Purple to Participate in Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference
LEHI, Utah , June 12, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple") the leader in comfort innovation and the creator of the renowned Purple® Mattress, today announced that the...

PURPLE LAUNCHES INNOVATIVE PREMIUM AND LUXE COLLECTIONS FEATURING NINE NEW MATTRESSES
New Restore™ and Rejuvenate™ Mattresses Feature Proprietary GelFlex® Grid Technology, Proven to Deliver Deeper, More Restorative Sleep SALT LAKE CITY , May 15, 2023 /PRNewswire/ -- Purple Innovation, ...

Purple Innovation Reports First Quarter 2023 Results
LEHI, Utah , May 10, 2023 /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 First Quarter 2023 Results on May 9, 2023
LEHI, Utah , May 2, 2023 /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 Innovation Announces Cooperative Framework with Coliseum Capital
LEHI, Utah--(BUSINESS WIRE)--Purple Innovation, Inc.

Purple Innovation Special Committee Announces Coliseum Capital's Rejection of Settlement Proposal Designed to Treat All Shareholders Fairly
Special Committee's Most Recent Proposal Would Have Given Coliseum the Right to Identify Half of the Non-Management Directors Coliseum Continues to Insist on Control of Company's Board LEHI, Utah , Ma...

Purple Innovation Reports Fourth Quarter and Full Year 2022 Results
LEHI, Utah , March 16, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure ™ Mattress," today announc...

Purple to Report Fourth Quarter and Full Year 2022 Results on March 16, 2023
LEHI, Utah , March 7, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company known for creating the "World's First No Pressure® Mattress," will report fou...

Coliseum Capital Files Lawsuit Against Purple Innovation Non-Executive Directors to Ensure Fair and Democratic Board Election
ROWAYTON, Conn.--(BUSINESS WIRE)--Coliseum Capital Management, LLC (together with its managed funds and accounts, "Coliseum"), the largest stockholder of Purple Innovation, Inc.

Purple Special Committee Takes Action to Protect Rights of All Shareholders in Face of Coliseum Capital Management's Effort to Gain Control of the Company
LEHI, Utah--(BUSINESS WIRE)--Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the “Company”), a comfort innovation company known for creating the "World's First No Pressure® Mattress," today announ...

Purple Innovation Responds to Coliseum Capital's Campaign to Replace a Majority of the Board
LEHI, Utah--(BUSINESS WIRE)--Purple Innovation, Inc. (NASDAQ: PRPL) (the “Company” or “Purple”), a comfort innovation company known for creating the "World's First No Pressure Mattress," today respond...

Coliseum Nominates Slate of Highly Qualified and Engaged Director Candidates for Election at Purple Innovation 2023 Annual Meeting
ROWAYTON, Conn.--(BUSINESS WIRE)--Coliseum Capital Partners, L.P. (“Coliseum”), the largest stockholder of Purple Innovation, Inc. (NASDAQ: PRPL) (“Purple”), announced today that it has nominated five...

Purple Innovation, Inc. Announces Pricing of Upsized Public Offering of Class A Common Stock
LEHI, Utah , Feb. 8, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a comfort innovation company known for creating the "World's First No Pressure® Mattress,"...

Purple Innovation, Inc. Announces Public Offering of Class A Common Stock
LEHI, Utah , Feb. 8, 2023 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple" or the "Company"), a comfort innovation company known for creating the "World's First No Pressure® Mattress,"...