PRPL - Purple And Casper - A Tale Of Two Mattresses

• PRPL and CSPR are leading the charge in DTC mattress sales, and both had ~2% market share each in 2019.
• 2Q showed strengths in DTC as retail sales were impacted in traditional brick-and-mortar channels.
• PRPL is closer to consistent profitability and could be safer, while providing a lower risk-reward balance.
• CSPR is far out from profitability, and weaker growth relative to PRPL could give it further upside if it finds better growth and nears profitability.

For further details see: