Purple Innovation Stock Under Scrutiny Amid Strategic Review

Shares of mattress manufacturer Purple Innovation have experienced heightened volatility in recent trading sessions. This price movement follows the company’s latest quarterly earnings release, which painted a mixed picture of operational progress against a backdrop of cautious analyst sentiment.

For the third quarter of 2025, Purple Innovation reported net revenue of $118.8 million, a figure nearly unchanged from the same period last year. The standout story, however, was a significant improvement in profitability metrics. The company’s gross profit surged to $50.9 million, yielding a gross margin of 42.8%. This represents a substantial expansion from the 29.7% margin recorded in the prior-year quarter.

A sharp 23.2% reduction in operating expenses, which fell to $63.0 million, Read more...