Previous Close | 1.5100 |
Open | 1.5100 |
Bid | 1.6000 x 1200 |
Ask | 1.6500 x 2900 |
Day's Range | 1.5052 - 1.6550 |
52 Week Range | 1.5052 - 6.7600 |
Volume | |
Avg. Volume | 833,463 |
Market Cap | 174.489M |
Beta (5Y Monthly) | 1.59 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.2800 |
Earnings Date | Nov 07, 2023 - Nov 13, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 4.46 |
Investors need to pay close attention to Purple Innovation (PRPL) stock based on the movements in the options market lately.
Shares of direct-to-consumer mattress maker Purple Innovation (NASDAQ: PRPL) were falling today after the company issued a disappointing second-quarter earnings report. Both wholesale and direct-to-consumer revenue were down by about the same percentage as overall revenue. Gross margin in the quarter fell 210 basis points to 31.8%, though the company said with adjustments for its product refresh, gross margin was 38.6%, or up 470 basis points, which was due to cost-saving and efficiency initiatives.
Q2 2023 Purple Innovation Inc Earnings Call