PRPL News and Press, Purple Innovation Inc. From 06/15/23

Purple Launches Two New Mobile-Controlled Adjustable Smart Bases PR Newswire 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. ("Purp...

Purple to Participate in Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference Purple to Participate in Oppenheimer 23rd Annual Consumer Growth & E-Commerce Conference PR Newswire LEHI, Utah , June 12, 2023 /PRNewswire/ -- Purple Innova...

2023-05-23 10:39:37 ET Summary Purple launches new mattresses in an effort to attract more premium buyers. The recent Q1 earnings report where we saw improved gross margins and a better outlook for the year is also bringing investors into this play. Negative earnings plus nega...

PURPLE LAUNCHES INNOVATIVE PREMIUM AND LUXE COLLECTIONS FEATURING NINE NEW MATTRESSES PR Newswire New Restore™ and Rejuvenate™ Mattresses Feature Proprietary GelFlex® Grid Technology, Proven to Deliver Deeper, More Restorative Sleep SALT LAKE CITY ...

2023-05-10 22:23:07 ET Purple Innovation, Inc. (PRPL) Q1 2023 Earnings Conference Call May 10, 2023 04:30 PM ET Company Participants Cody McAlester - Investor Relations Vice President, ICR Rob DeMartini - Chief Executive Officer Bennett Nussbaum - Chief Financial...

2023-05-10 16:33:35 ET The mattress manufacturer reported a $0.12 per share loss on $109.4M in revenue for the quarter. Analysts had projected a $0.13 per share loss on $104.8M in revenue. The company also noted a 340 basis point improvement in gross margins, to 39.5% from 36.1%, year over ...

2023-05-10 16:23:44 ET Purple Innovation press release ( NASDAQ: PRPL ): Q1 Non-GAAP EPS of -$0.12 beats by $0.01 . Revenue of $109.4M (-23.6% Y/Y) beats by $4.6M . PRPL is reiterating its 2023 outlook for full year net revenue to be in the range of $590 to $61...

Purple Innovation Reports First Quarter 2023 Results PR Newswire 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 ...

2023-05-09 14:43:42 ET Shares of mattress company Purple Innovation (NASDAQ: PRPL) dropped on Tuesday after fellow mattress company Tempur Sealy (NYSE: TPX) announced it was acquiring mattress retailer Mattress Firm in a deal valued at $4 billion. As of 2 p.m. ET, Purple sto...

2023-05-09 12:50:34 ET Purple Innovation ( PRPL ) shares declined by a double-digit percentage on Tuesday, leading declines in the wake of Tempur Sealy’s ( TPX ) earnings result and announced acquisition of Mattress Firm ( MFRM ). Tempur Sealy expects to realize ...