Purple Innovation, Inc. (NASDAQ:PRPL) Q4 2022 Earnings Conference Call March 16, 2023 4:30 PM ET Company Participants Cody McAlester – Investor Relations Rob DeMartini – Chief Executive Officer Bennett Nussbaum – Chief Financial Officer Jack Roddy – Chief People Officer Conference Call Participants Brad Thomas – KeyBanc Capital Jeremy Hamblin – Craig-Hallum Bobby Griffin – Raymond James Seth Basham – Wedbush Securities Matt Koranda – ROTH MKM Keith Hughes – Truist Securities Atul Maheswari – UBS Curtis Nagl ...

Purple Innovation, Inc. (NASDAQ:PRPL) Q3 2022 Earnings Conference Call November 9, 2022 4:30 PM ET Company Participants Cody McAlester - Investor Relations Bennett Nussbaum - Interim Chief Financial Officer & Treasurer Robert DeMartini - Chief Executive Officer Conference Call Participants Brad Thomas - KeyBanc Capital Markets Seth Basham - Wedbush Securities Bobby Griffin - Raymond James Brian Nagel - Oppenheimer Jeremy Hamblin - Craig-Hallum Capital Group Matt Koranda - ROTH Capital Atul Maheswari - UBS O ...

Purple Innovation, Inc. (NASDAQ:PRPL) Q2 2022 Results Conference Call August 9, 2022 4:30 PM ET Company Participants Cody McAlester - ICR Rob DeMartini - CEO Bennett Nussbaum - CFO Conference Call Participants Brad Thomas - KeyBanc Capital Markets Matt McCartney - Wedbush Securities Alessandra Jimenez - Raymond James Brian Nagel - Oppenheimer Atul Maheswari - UBS Keith Hughes - Truist Matt Koranda - ROTH Capital Jack Cole - Craig-Hallum Curtis Nagle - Bank of America Operator Good day, everyone. And welcome ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________ TO _____________ Commission File Number: 001-37523 PURPLE INNOVATION, INC. (Exact name of registrant as specified in its charter) | Delaware | 47-4078206 | | ...

Purple Innovation, Inc. (NASDAQ:PRPL) Q1 2022 Earnings Conference Call May 10, 2022 4:30 PM ET Company Participants Cody McAlester - ICR Rob DeMartini - Chief Executive Officer Bennett Nussbaum - Chief Financial Officer Conference Call Participants Seth Basham - Wedbush Securities Brad Thomas - KeyBanc Capital Markets Alessandra Jimenez - Raymond James Atul Maheswari - UBS Keith Hughes - Truist Matt Koranda - ROTH Capital Curtis Nagle - Bank of America Operator Good afternoon, ladies and gentlemen. Welcome ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________ TO _____________ Commission File Number: 001-37523 PURPLE INNOVATION, INC. | Delaware | 47-4078206 | | --- | --- | | (State or other jurisdiction of | (I.R.S ...

Sales and Revenue - In 2021, direct-to-consumer (DTC) sales accounted for 65.3% of net revenues, while wholesale sales made up 34.7%[25] - Sleep products represented 91.5% of net revenues, with other products contributing 8.5%[25] - The company has increased its market share in the overall mattress category by nearly one percentage point from Q4 2020 to Q4 2021[25] Retail Expansion - The company opened 19 new retail showrooms in 2021, bringing the total to 30 locations across the U.S.[26] - The company anticipates opening more than 200 retail showrooms in the future[26] - The company operates 30 retail showrooms across the U.S. and plans to continue expanding this footprint to enhance customer experience and engagement with its products[47] Product Innovation and Technology - The proprietary Hyper-Elastic Polymer technology, known as the Purple Grid, differentiates the company's products by providing enhanced pressure relief and support[21] - The company has a pipeline of new product launches, including innovations in mattresses and an expanded assortment based on the Harmony Pillow, aimed at attracting new customers and driving repeat sales[36] - The company is focused on developing new comfort technologies and products, leveraging vertical integration to enhance R&D effectiveness[54] - The company utilizes proprietary technology in its manufacturing processes, including the Mattress Max machines, to mold its Hyper-Elastic Polymer material into large-format mattresses[43] Market Presence and Strategy - The company has developed multiple wholesale relationships with leading retailers, enhancing its market presence[25] - The company has expanded its omni-channel distribution strategy, increasing brand awareness through brick-and-mortar retailers, which has led to accelerated growth in the sleep products market compared to traditional retail[36] - The company has established relationships with multiple wholesale partners, including Mattress Firm and Macy's, to expand its brick-and-mortar presence and increase sales[48] Intellectual Property and Competitive Advantage - The company has hundreds of granted or pending patents, creating a significant competitive advantage in the market[34] - The company has a diverse intellectual property portfolio, including trademarks for products like Purple Grid and Hyper-Elastic Polymer, with applications pending in various international jurisdictions[57] - The company has hundreds of granted or pending patents related to its products, with significant U.S. patents expected to expire up to 2041[56] Workforce and Culture - The company reduced employee headcount by approximately 15% during a workforce restructuring, incurring a charge of $1.1 million in Q1 2022[63] - The company has approximately 1,800 employees engaged in manufacturing, R&D, and corporate functions as of March 1, 2022[63] - The company is committed to fostering diversity and inclusion, having hired a Chief People Officer in 2021 to enhance these efforts[65] - The company emphasizes an ethical culture, requiring all employees to complete periodic Code of Ethics training[68] Financial Overview - The company has a total of $97.2 million in variable rate debt outstanding under its term loan and revolving line of credit combined[362] - An increase of 100 basis points in the effective interest rate on the outstanding debt would result in an increase in interest expense of approximately $1.0 million over the next 12 months[362] - The company is exposed to interest rate fluctuations on its $42.2 million term loan and $55.0 million revolving line of credit[362] Philanthropy and Community Engagement - The company has expanded its philanthropic activities, supporting initiatives like the Precious Dreams Foundation to help children in foster care[66] Leadership and Management - The company’s executive team includes experienced leaders from various industries, enhancing its operational and strategic capabilities[75]

Purple Innovation, Inc. (NASDAQ:PRPL) Q3 2021 Earnings Conference Call November 9, 2021 4:30 PM ET Company Participants Cody McAlester - ICR Joseph Megibow - CEO Bennett Nussbaum - Interim CFO Conference Call Participants Bobby Griffin - Raymond James Atul Maheswari - UBS Seth Basham - Wedbush Securities Brian Nagel - Oppenheimer Bradley Thomas - KeyBanc Alec Legg - B. Riley Securities Matthew Koranda - ROTH Capital Keith Hughes - Truist Securities Operator Good afternoon, ladies and gentlemen. Welcome to P ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM _____________ TO _____________ Commission File Number: 001-37523 PURPLE INNOVATION, INC. (Exact name of registrant as specified in its charter) (State or other jurisdi ...

Purple Innovation, Inc. (NASDAQ:PRPL) Q2 2021 Earnings Conference Call August 9, 2021 4:30 PM ET Company Participants Brendon Frey - Investor Relations Joe Megibow - Chief Executive Officer John Legg - Chief Operating Officer Craig Phillips - Chief Financial Officer Conference Call Participants Seth Basham - Wedbush Securities Curtis Nagle - Bank of America Brad Thomas - KeyBanc Capital Markets Jeremy Hamblin - Craig-Hallum Capital Group Brian Nagel - Oppenheimer Susan Anderson - B. Riley Bobby Griffin - Ra ...