Purple (PRPL) Q2 2026 Earnings Call Transcript
Purple (PRPL) reported Q2 wholesale revenues down about 19% year over year, citing mattress-category softness. The company said it invested over $4 million incrementally in marketing with retail partners, which affected reported wholesale revenue; excluding it, wholesale revenue would have declined about 8%. Purple also cited higher gross margins and profitability above last year, plus a June pricing action. NASDAQ confirmed PRPL regained minimum bid compliance after a July reverse split.




