Purple Innovation Inc
NASDAQ:PRPL
| US |
|
Johnson & Johnson
NYSE:JNJ
|
Pharmaceuticals
|
| US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
Financial Services
|
| US |
|
Bank of America Corp
NYSE:BAC
|
Banking
|
| US |
|
Mastercard Inc
NYSE:MA
|
Technology
|
| US |
|
UnitedHealth Group Inc
NYSE:UNH
|
Health Care
|
| US |
|
Exxon Mobil Corp
NYSE:XOM
|
Energy
|
| US |
|
Pfizer Inc
NYSE:PFE
|
Pharmaceuticals
|
| US |
|
Palantir Technologies Inc
NYSE:PLTR
|
Technology
|
| US |
|
Nike Inc
NYSE:NKE
|
Textiles, Apparel & Luxury Goods
|
| US |
|
Visa Inc
NYSE:V
|
Technology
|
| CN |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
Retail
|
| US |
|
JPMorgan Chase & Co
NYSE:JPM
|
Banking
|
| US |
|
Coca-Cola Co
NYSE:KO
|
Beverages
|
| US |
|
Walmart Inc
NYSE:WMT
|
Retail
|
| US |
|
Verizon Communications Inc
NYSE:VZ
|
Telecommunication
|
| US |
|
Chevron Corp
NYSE:CVX
|
Energy
|
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
0.56
1.25
|
| Price Target |
|
We'll email you a reminder when the closing price reaches USD.
Choose the stock you wish to monitor with a price alert.
|
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
|
Bank of America Corp
NYSE:BAC
|
US |
|
|
Mastercard Inc
NYSE:MA
|
US |
|
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
|
Pfizer Inc
NYSE:PFE
|
US |
|
|
Palantir Technologies Inc
NYSE:PLTR
|
US |
|
|
Nike Inc
NYSE:NKE
|
US |
|
|
Visa Inc
NYSE:V
|
US |
|
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
|
Coca-Cola Co
NYSE:KO
|
US |
|
|
Walmart Inc
NYSE:WMT
|
US |
|
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
|
Chevron Corp
NYSE:CVX
|
US |
This alert will be permanently deleted.
Purple Innovation Inc
Purple Innovation, Inc. engages in the design and manufacture of comfort technology products. The company is headquartered in Lehi, Utah and currently employs 1,800 full-time employees. The company went IPO on 2015-07-30. The firm designs and manufactures a range of branded comfort products, including mattresses, pillows, cushions, bases, sheets, and other products. The company has designed the Hyper-Elastic Polymer material, Purple Grid structure, and other comfort technologies in order to improve the lives of customers. The firm's No Pressure Purple Grid technology is used in all Purple mattresses. Its mattresses utilize the benefits of the Purple Grid creating a sleep solution that is breathable to help regulate body temperature and soft enough to cradle pressure points, while also providing support through localized buckling columns. The company sells four types of pillows: The Purple Harmony Pillow, the Purple Pillow, the Purple Plush Pillow and the Kids Pillow. The firm markets and sells its products through direct-to-consumer online channels, traditional wholesale partners, third-party online retailers, and Company showrooms.
Purple Innovation, Inc. engages in the design and manufacture of comfort technology products. The company is headquartered in Lehi, Utah and currently employs 1,800 full-time employees. The company went IPO on 2015-07-30. The firm designs and manufactures a range of branded comfort products, including mattresses, pillows, cushions, bases, sheets, and other products. The company has designed the Hyper-Elastic Polymer material, Purple Grid structure, and other comfort technologies in order to improve the lives of customers. The firm's No Pressure Purple Grid technology is used in all Purple mattresses. Its mattresses utilize the benefits of the Purple Grid creating a sleep solution that is breathable to help regulate body temperature and soft enough to cradle pressure points, while also providing support through localized buckling columns. The company sells four types of pillows: The Purple Harmony Pillow, the Purple Pillow, the Purple Plush Pillow and the Kids Pillow. The firm markets and sells its products through direct-to-consumer online channels, traditional wholesale partners, third-party online retailers, and Company showrooms.
Revenue Stabilization: Purple Innovation reported Q3 revenue of $118.8 million, up slightly from last year, marking a return to growth after previous declines.
Gross Margin Recovery: Gross margin improved sharply to approximately 43% in Q3, up nearly 700 basis points sequentially, driven by cost savings and restructuring benefits.
Showroom and Wholesale Strength: Showroom net revenue grew 6.5% and wholesale revenue increased 8%, supported by strong performance of the Rejuvenate 2.0 launch and Mattress Firm expansion.
E-commerce Pressures: E-commerce revenue was down 10% but showed sequential improvement, attributed to a website refresh and growing traction on Amazon.
Cost Control: Operating expenses fell 23.2% year-over-year, reflecting savings from restructuring and ongoing cost discipline.
Guidance Reiterated: Full-year 2025 guidance was reaffirmed, expecting revenue between $465 million and $485 million and adjusted EBITDA between breakeven and $10 million.
Strategic Alternatives: The Board's review of strategic alternatives, including a potential sale or merger, remains ongoing with no further details provided.
