Purple Innovation, Inc.

Purple Innovation, Inc. designs and manufactures mattresses, pillows, and cushions. The company also offers bases, foundations, sheets, mattress protectors, bed frames, seat cushions, weighted 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.

LifeonPurple

Welcome to Purple — home of the one, the only, the Purple Grid™. Ranked #1 in Customer Satisfaction with bed in a box mattresses by J.D. Power, including best in both support and comfort! We’re a one-of-a-kind innovation brand that is on a mission to meaningfully improve lives by helping Every Body get the comfort they deserve and the support they need. Our premium comfort innovation products start in the bedroom and extend beyond to provide optimal comfort everywhere you go. With a variety of mattresses, bedding, bases, seat cushions, dog beds, and more, Purple is quickly becoming the iconic color of true comfort, true innovation, and truly feeling great.

While most new mattress companies only focus on just a simpler mattress buying experience with the same foam mattresses, Purple is committed to simply making a better mattress (with the better buying experience, to boot!). The only mattress with the Purple Grid™, Purple is instantly soft where you want it and firm where you need it – all at once. It's the comfort you crave, the support your back needs. Plus, 1,500+ open airways help dissipate body heat rather than trapping it, so you don't sleep hot.

It all started in 1989 when two engineer brothers, Tony and Terry Pearce, set out with a mission to invent technology and create local jobs that meaningfully improve the lives of everyone involved. Over the last 30+ years, the Brothers Pearce have revolutionized the comfort industry by innovating various No Pressure® cushioning materials used in everything from wheelchairs and critical care hospital beds to sporting goods and high-end mattresses. Then, in September of 2015, they successfully launched The No-Compromise Purple® Mattress on Kickstarter, and it's been uphill from there — continually inventing, improving, and creating ways to make the world a more comfortable place.


Holland Capital

Purple

Tis the season for stress shopping and panic buying. Rest easy with The Greatest Pillow Ever Invented™, now featured in Today's Gift Guide for Men.

"He'll feel like he's sleeping on a cloud with this latex-filled pillow from Purple that's perfect for side sleepers."

Read more here: https://lnkd.in/ggK3vGWk

We're delighted to share that Purple earned a spot on the 2024 Forbes Best Customer Service list. The list honors the top companies that customers say best serve their needs in dozens of categories, including knowledge and attitude of staff and speed of service. Our teams are focused on making deep sleep and the shopping experience effortless.

https://lnkd.in/gp8EeiDd

Just in time for family travel season, the Harmony Anywhere™ Pillow has been named a Good Housekeeping 2024 Best Family Travel Award Winner. ✈️💜

Read the full article here: https://lnkd.in/gbGit4ib

This just in: The RestorePremier is a POPSUGAR 2023 Must Have. 💜😴 

"Honestly, it sounded too good to be true, especially since it's a medium-feel mattress. But then I tested it out for myself...As someone who prioritizes spinal support, this mattress is a must for those dealing with body pains and alignment issues."

Read more here: https://prpl.cc/45jQBYT

We’re excited to welcome Tricia McDermott to our leadership team as Purple’s Chief Legal Officer!

McDermott's successful career spans multiple companies with well-loved brands, including Perry Ellis International, Spectrum Brands, Office Depot and most recently, Shoe Show, Inc. as the Chief Legal and Risk Officer.

"I am so excited to welcome Tricia McDermott to our senior leadership team where she will oversee our legal team and steer our legal operations. Tricia is an experienced leader who has deep skill in aligning legal strategy to a company's overall business goals. Her experience driving intellectual property on a global scale is a great fit for Purple's plans for growth." - CEO, Rob DeMartini

Welcome to the Purple team, Tricia!

https://lnkd.in/gPb6MGJk

NASDAQ:PRPL

Purple Innovation, Inc.

Last Close

1.34

26/07 20:00

Market Cap

112.86M

Beta: 1.55

Volume Today

372.43K

Avg: 1.15M

PE Ratio

−0.77

PFCF: −1.91

Dividend Yield

0.08%

Payout:0%

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