About Purple Innovation, Inc. - Common Stock (PRPL)
Purple Innovation Inc is a retail company that specializes in the design and manufacture of innovative sleep products, particularly focusing on mattresses and bedding accessories. Leveraging advanced technology and unique materials, such as their proprietary hyper-elastic polymer, Purple aims to enhance sleep quality by offering products that provide optimal support and comfort. In addition to mattresses, the company also offers a range of other sleep-related products, including pillows and adjustable bases, and they prioritize a direct-to-consumer sales model that emphasizes customer satisfaction and ease of access. Through strategic marketing and branding efforts, Purple seeks to establish itself as a leader in the evolving sleep industry. Read More
Bedding and comfort retailer Purple (NASDAQ:PRPL) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 13.2% year on year to $104.2 million. The company’s full-year revenue guidance of $475 million at the midpoint came in 0.7% above analysts’ estimates. Its non-GAAP loss of $0.11 per share was 23.3% above analysts’ consensus estimates.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top gainers and losers driving the post-market movements.
Wall Street has set ambitious price targets for the stocks in this article.
While this suggests attractive upside potential, it’s important to remain skeptical because analysts face institutional pressures that can sometimes lead to overly optimistic forecasts.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how home furnishings stocks fared in Q4, starting with Purple (NASDAQ:PRPL).
Purple has gotten torched over the last six months - since October 2024, its stock price has dropped 25.8% to $0.67 per share. This might have investors contemplating their next move.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Mohawk Industries (NYSE:MHK) and the rest of the home furnishings stocks fared in Q4.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Leggett & Platt (NYSE:LEG) and the best and worst performers in the home furnishings industry.
Stay up-to-date with the latest market trends one hour before the close of the markets on Friday. Explore the top gainers and losers during today's session in our detailed report.
Looking for insights into the US markets in the middle of the day on Friday? Delve into the top gainers and losers of today's session and gain valuable market intelligence.
As the regular session of the US market on Thursday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Bedding and comfort retailer Purple (NASDAQ:PRPL) met Wall Street’s revenue expectations in Q4 CY2024, but sales fell by 11.6% year on year to $129 million. On the other hand, next quarter’s revenue guidance of $104.5 million was less impressive, coming in 10.8% below analysts’ estimates. Its non-GAAP loss of $0.07 per share was 14% above analysts’ consensus estimates.
