Purple Innovation Revenue 2024

Purple Innovation Revenue

557.32 M USD

Purple Innovation Dividend yield

0.08 %

Ticker

PRPL

ISIN

US74640Y1064

WKN

A2JDGR

In 2024, Purple Innovation's sales reached 557.32 M USD, a 9.16% difference from the 510.54 M USD sales recorded in the previous year.

The Purple Innovation Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
2028e727.2823,63
2027e686.6825,02
2026e654.8726,24
2025e602.728,51
2024e557.3230,83
2023510.5433,66
2022575.736,58
2021726.240,62
2020648.547,05
2019428.444,12
2018285.839,40
2017--
2016--
2015--

Purple Innovation Aktienanalyse

What does Purple Innovation do?

Purple Innovation Inc is an American company that was founded in Utah in 1989. Originally known as Comfortaire Corporation, the company produced air mattresses. In 2015, the name was changed to Purple Innovation Inc to emphasize the focus on developing innovative products. The company specializes in the production of mattresses and pillows. Purple Innovation mattresses are unique in their construction, consisting of a combination of polymer grid and foam. This provides excellent body support and a comfortable sleep surface. The company also offers a wide range of pillows, bedding, and other products to enhance the sleep experience. One of Purple Innovation's key business models is direct marketing. The company sells its products directly to consumers through the internet and other online sales channels. This allows the company to offer its products at a lower price than traditional retailers. By eliminating intermediaries, the company can also maintain control over product quality and reduce costs. The company has also formed partnerships with retailers and e-commerce platforms such as Amazon and Walmart. This allows the company to expand its reach and reach a wider customer base. In addition to mattresses and pillows, Purple Innovation has also developed a line of seat cushions. These cushions are made from the same polymer grid as the mattresses and provide a comfortable and supportive seating surface. These cushions are particularly practical for people who spend long periods of time sitting at a desk, such as office workers or gamers. Purple Innovation is also known for its innovative marketing strategy. The company uses humorous and crazy commercials to attract attention and appeal to customers. An example is the famous commercial with the "Goldie Test," in which actress and comedian Goldie Hawn jumps on a mattress made of polymer grid to demonstrate its quality. The company has also developed concepts in social responsibility. Purple Innovation aims to reduce its environmental impact. The company uses recycled materials to make its mattresses and pillows and promotes efficient production. In summary, Purple Innovation Inc is an innovative company specializing in the development and manufacture of mattresses, pillows, and seat cushions. Their unique polymer grid system provides comfort and support, creating a unique market niche. The company's direct marketing model allows for cost reduction and process control, while the use of online platforms and retailers expands the company's reach. With its humorous and crazy marketing campaigns, the company is also able to stand out from the competition and attract customer attention. Purple Innovation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Revenue Details

Understanding Purple Innovation's Sales Figures

The sales figures of Purple Innovation originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Purple Innovation’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Purple Innovation's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Purple Innovation’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Purple Innovation Stock

How much revenue did Purple Innovation generate this year?

Purple Innovation has achieved a revenue of 557.32 M USD this year.

How much was the turnover of the company Purple Innovation compared to the previous year?

The revenue of Purple Innovation has increased by 9.16% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Purple Innovation?

The revenue of Purple Innovation is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Purple Innovation measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Purple Innovation so important for investors?

The revenue of Purple Innovation is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

How much dividend does Purple Innovation pay?

Over the past 12 months, Purple Innovation paid a dividend of 0 USD . This corresponds to a dividend yield of about 0.08 %. For the coming 12 months, Purple Innovation is expected to pay a dividend of 0 USD.

What is the dividend yield of Purple Innovation?

The current dividend yield of Purple Innovation is 0.08 %.

When does Purple Innovation pay dividends?

Purple Innovation pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Purple Innovation?

Purple Innovation paid dividends every year for the past 0 years.

What is the dividend of Purple Innovation?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0.08 %.

In which sector is Purple Innovation located?

Purple Innovation is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Purple Innovation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Purple Innovation from 7/1/2023 amounting to 0.001 USD, you needed to have the stock in your portfolio before the ex-date on 4/27/2023.

When did Purple Innovation pay the last dividend?

The last dividend was paid out on 7/1/2023.

What was the dividend of Purple Innovation in the year 2023?

In the year 2023, Purple Innovation distributed 0 USD as dividends.

In which currency does Purple Innovation pay out the dividend?

The dividends of Purple Innovation are distributed in USD.

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Andere Kennzahlen von Purple Innovation

Our stock analysis for Purple Innovation Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Purple Innovation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.