Company
Purple Innovation, Inc.
Headquarters: Lehi, UT, United States
Founded: 2015 (2015)
Employees: 1,800
CEO: Mr. Robert T. DeMartini
Market Cap
$96.9 Million
USD as of Jan. 1, 2024
Purple Innovation, Inc. Categories
United States Consumer Discretionary Furnishings, Fixtures & AppliancesUnited States Consumer Discretionary United States Furnishings, Fixtures & Appliances
Top Competitors by Market Capitalization
Industry: Furnishings, Fixtures & Appliances
| Company | Market Cap (USD) |
|---|---|
| Haier Smart Home Co Ltd | $27.24 B |
| Fortune Brands Home & Security, Inc. | $9.57 B |
| Tempur Sealy International, Inc. | $8.32 B |
| SEB SA | $6.74 B |
| Whirlpool Corporation | $6.48 B |
Detailed Description
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.
Top 1-year algo backtest: +269.94%
$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.
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Stocks & Indices
Purple Innovation, Inc. has the following listings and related stock indices.
Stock: NASDAQ: PRPL wb_incandescent
Product & Services
Mattresses, pillows, sheets, mattress protectors, adjustable beds, seat cushions, back cushions, and bed platforms
Key People
Founder(s): Tony and Terry Pearce
Joe Megibow
Financials
Net income: $187 million (2016)