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Purple Innovation Inc PRPL

Purple Innovation, Inc. is a mattress company. The Company offers a variety of branded and premium comfort products, including mattresses, pillows, cushions, bases, sheets and others. It develops its products, through its proprietary gel technology, Hyper-Elastic Polymer. It has three mattress collections: Essentials, including the New Day, The Purple Mattress and The Purple Plus; Premium, including Restore, RestorePlus and RestorePremier, and Luxe, including Rejuvenate, RejuvenatePlus and RejuvenatePremier. It sells eight pillow models: The Purple Harmony Pillow, the Purple Freeform Pillow, the Purple DreamLayer Pillow, the Purple Harmony Anywhere Pillow, the Purple Pillow, the Purple Twin Cloud Pillow, the Purple Cloud Pillow and the Kids Pillow. It sells two types of sheets and pillowcases: Softstretch and Complete Comfort. Its Purple PerfectStay Duvet cover offers a patent-pending lay-and-zip design. It has two types of bases: The Purple Premium and Purple Premium Plus smart.


NDAQ:PRPL - Post by User

Bullboard Posts
Post by otgeeon May 18, 2018 3:58pm
125 Views
Post# 28054575

Huge growth

Huge growth"The strong top-line performance we delivered to start the year underscores our progress gaining share in the competitive direct-to-consumer mattress category," commented Terry Pearce, Co-Founder, Chairman and CEO. "We experienced continued strong demand for the original Purple mattress as well as a positive response to the newer, higher-priced models that we introduced on our website during the first quarter. At the same time, we are pleased with the results of our test with Mattress Firm. Following solid sell-through of our product in the initial 51 test stores, we have increased our presence to 117 locations including three new geographies and have an additional 73 store expansion planned for the third quarter."
Bullboard Posts