Latest news with #MattressFirm
Yahoo
19 hours ago
- Business
- Yahoo
Purple Innovation Inc (PRPL) Q2 2025 Earnings Call Highlights: Navigating Challenges with ...
Revenue: $105.1 million, down 12.6% from the prior year. Gross Margin: 35.9%, a decline of 480 basis points compared to last year. Adjusted EBITDA: Loss of $2.4 million, improved from a loss of $4.1 million last year. Adjusted Net Loss: $11.7 million, improved from a net loss of $13.8 million in the prior year. Adjusted Loss Per Share: $0.11, compared to $0.13 last year. Cash and Cash Equivalents: $34.2 million as of June 30, 2025. Net Inventories: $60.9 million, down 12.6% compared to June 30, 2024. Direct-to-Consumer Revenue: $58.9 million, with showrooms down 13.3% and e-commerce down 11.5%. Wholesale Revenue: $46.2 million, down 13.4% versus last year. Operating Expenses: $51.9 million, down 18.2% from last year. Full-Year Revenue Guidance: $465 million to $485 million. Full-Year Adjusted EBITDA Guidance: Between break even and positive $10 million. Warning! GuruFocus has detected 5 Warning Signs with PRPL. Release Date: July 29, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Purple Innovation Inc (NASDAQ:PRPL) exceeded expectations in the second quarter with improved sequential revenue and adjusted EBITDA. The Rejuvenate 2.0 launch surpassed expectations, with demand outpacing supply, particularly in showrooms. The expansion with Mattress Firm is progressing well, with inventory shipped ahead of expectations and a significant rollout nearing completion. The company is on track to deliver positive adjusted EBITDA in the second half of the year, driven by new retail distribution and successful product launches. Purple Innovation Inc (NASDAQ:PRPL) is seeing strong validation of its brand and innovation strategy, with Rejuvenate 2.0 selling more than twice as many units as its predecessor through direct-to-consumer channels. Negative Points Second-quarter revenue decreased by 12.6% compared to the prior year, impacted by weaker e-commerce results and last year's wholesale door exit. Gross margin declined to 36% due to incremental tariffs and costs associated with ramping up new product launches, marking a temporary setback. The company experienced a decline in wholesale revenue, down 13.4% versus last year, due to door count reductions from 2024. E-commerce channel softness continued, with a decrease of 11.5% during the second quarter. Adjusted net loss for the second quarter was $11.7 million, although an improvement from the prior year, it still indicates financial challenges. Q & A Highlights Q: Can you discuss the sales cadence in the quarter and expectations for business acceleration in the second half? A: The quarter started slow, with April being the softest month, but improved modestly. We left some demand unfulfilled, which would have improved our results. Optimism for the second half comes from catching up on Rejuvenate demand, expanding its footprint into wholesale, and the Mattress Firm expansion, which should be complete by mid-August. We expect stronger performance as the year progresses. (Robert Demartini, CEO) Q: How should we think about the one-time costs affecting Q2 and their impact on future quarters? A: Ramp-up costs are largely behind us, and tariff impacts will be mitigated over time. We expect to end the year with a gross margin well above 40%, with gradual improvement from Q2 through the rest of the year. (Todd Vogensen, CFO) Q: Is the mid-single-digit growth in Q3 primarily from wholesale or is there growth in DTC as well? A: The growth is driven by positive momentum in both DTC and wholesale, with some early encouraging signs in e-commerce. The Mattress Firm expansion contributes, but floor samples don't fully reflect in revenue yet. (Robert Demartini, CEO) Q: Can you elaborate on the impact of the new large retailer partnership on 2025 and 2026 revenues? A: The new retailer will have a modest positive impact in Q3 and Q4 of 2025, with a more significant contribution expected in 2026. (Robert Demartini, CEO) Q: How are you managing fulfillment capacity with the Mattress Firm account and potential new retailers? A: Demand in showrooms exceeded expectations, leading to some unfulfilled orders. We are catching up and expect normal delivery times by mid-August. Wholesale commitments are growing, and we aim to fully deploy the wholesale footprint in Q3. (Robert Demartini, CEO) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Boston Globe
21-07-2025
- Entertainment
- Boston Globe
‘We Do Not Care' goes viral: the menopausal mantra that's resonating with millions
If you haven't already encountered Sanders — if five friends haven't texted you 'OMG THIS IS ME!!!' — stop right here, listen to her say the word 'care,' in an accent that's been described as 'zero f's,' and then resume reading. Get Love Letters: The Newsletter A weekly dispatch with all the best relationship content and commentary – plus exclusive content for fans of Love Letters, Dinner With Cupid, weddings, therapy talk, and more. Enter Email Sign Up It would be an understatement to say that Sanders' audience has been waiting for her. In the two months since that cri de coeur , she's gained 2.5 million new followers; landed a talent manager; started paid collaborations with Mattress Firm and Dove; and has either begun a movement, or given name to one that's been silently, angrily, building since, well, probably since forever. Advertisement 'I love her so much,' said Advertisement On social media, the millions of likes and comments on her posts are a window into an exhausted and resentful stew of emotions. 'We do not care if our coworkers think we are passive-aggressive,' read a comment on Instagram. 'The only other option I can offer at this time is aggressive-aggressive.' 'We do not care that we just got home from the grocery store and order pizza,' read another. 'We do not feel like cooking. We are tired from the grocery shopping.' 'We do not care if we're out of band aids.' a Facebook fan wrote. 'Use a maxi pad. We no longer need them.' Sanders, who is a mother and a wife, and who often appears on camera rocking a neck pillow, a sleep mask around her neck, and a napkin tucked into her shirt, takes aim at a range of antagonists. 'We do not care if we said we wanted to hang out soon, that probably was said when we was happy; we are no longer in a happy mood,' Sanders says in one post. 'We do not care if we don't show up for the family cookout. Most of y'all have undiagnosed trauma that we honestly just don't want to deal with right now.' Many women repeat Sanders 'we do not care' tagline to themselves in almost a self-soothing way, and the mantra has been compared to Mel Robbins's 'It's 'Let Them',' said WROR's Falcone, but behind their back, 'you're flipping them the bird.' Advertisement The We Do Not Care Club has arrived at a time when many women feel under particular attack, with the Even so, the unapologetic behavior Sanders describes sounds so radical that one club member called it 'aspirational.' As extreme as the not-caring sounds, the behavior, at its core, is simply about 'setting boundaries, and having compassion for yourself,' said psychiatrist The videos are resonating with women in middle age and beyond, she said, because they have 'lived the full cost' of putting their own needs last. 'They've seen that wearing the heels, or whatever they are doing, because they think it will make people like them, or they'll get the promotion, doesn't necessarily work. It just makes life harder for them.' Margie Lachman, a psychology professor at Brandeis University, says Sanders's We Do Not Care Club has gone viral not only because she's found a catchy way to describe how millions of women feel, but because it makes women feel like they are part of something. 'The fact that it's a 'club' is really meaningful,' she said, 'because this is a time when people are looking for support and validation.' Indeed, Sanders's talent manager, 'She also has a super exciting project in the works,' said Granados, who didn't provide details, but did share that she and Sanders had such an instant connection that on their first call they ended up professing their love for each other through tears. Advertisement So ingrained are societal messages that sometimes, or maybe it's often, the judgment is coming from inside your own brain. Consider Kristina Tsipouras Miller, the founder of the Who cares! she thought joyfully. Until she remembered. 'I said to my husband, '20-year-old Kristina would not have wanted to be seen with me',' she recalled. But now, to channel Sanders, if you do not like that we are comfortable, we do not care. Beth Teitell can be reached at
CNET
15-07-2025
- Business
- CNET
Save Hundreds on a New Mattress at Mattress Firm Right Now
If you aren't getting a good night's sleep, an old mattress might be a contributing factor. Upgrading to a new mattress can help you rest more comfortably. However, mattresses can be expensive (which must be considered with forthcoming tariffs), but thankfully, Mattress Firm is offering discounts of up to 60% on its inventory. These savings are part of the retailer's extended Fourth of July deals, giving you the chance to save if you haven't already shopped. Mattress Firm offers a selection of top products from brands, including Tempur-Pedic, Sealy, Beautyrest, Sleepy's and more. They also carry bases, pillows and bedding, so you can grab all the necessary accessories. Some of the available discounts are specific to certain brands, such as a $300 instant gift for Tempur-Pedic mattress purchases. Other discounts include this Sealy queen-sized Frisco mattress for just $490, reduced from $1,500. It features 910 coils, adaptive pressure for maximum comfort and is made of breathable material for temperature regulation. If you're up for something slightly fancier, Beautyrest's PressureSmart queen mattress is just $950, reduced from $1,600. On top of these deals, Mattress Firm is offering a free base with purchases of queen mattresses valued at $499 and up or with a king mattress $599 and up when you use the coupon code ELEVATE at checkout. Mattress Firm's deals include dozens of other mattresses from top brands, and these apply to online or in-person purchases. If you want to check out other mattress options, our list of the best mattress retailers can help. Why this deal matters Mattress Firm offers mattresses from top-rated brands, and their selection means everyone can score a new bed for less. Their current deals offer discounts amounting to hundreds of dollars off and/or a free base for eligible purchases. These mattress deals are great for anyone who might need an upgrade and wants to save.
Tom's Guide
09-07-2025
- Business
- Tom's Guide
Mattress Firm takes on Prime Day with its own epic sale — I've found the 5 best offers
If rising tides lift all boats, then Amazon Prime Day inspires all stores to counter with their own sales. That includes the Mattress Firm Prime Time Flash Sale, which knocks 20% off most items sitewide and stacks with other ongoing discounts. We've picked the five top sleep deals from this sale, which include the previous-generation Tempur-Pedic Tempur-Adapt Medium Hybrid Mattress for $2,379 in a queen (was $3,399). Although it's excluded from the coupon, it's still a solid deal for one of our best mattress contenders. Head below for more deals on mattresses and bed toppers. This Mattress Firm sale ends Friday, July 11 — which is also your last chance to shop this year's Amazon Prime Day mattress deals. 1. Tempur-Pedic Tempur-Adapt Medium Hybrid Mattress (previous model): queen was $3,399 now $2,379 at Mattress FirmThis is the last-gen Tempur-Adapt, but it's not all too different from the current model that's available at Tempur-Pedic. As a hybrid, expect it to have better edge support and airflow than we experienced in our Tempur-Pedic Tempur-Adapt Mattress review. Only queen and king sizes are available, but buy from Mattress Firm and you'll be saving up to $330 versus purchasing the latest Tempur-Adapt model straight from Tempur-Pedic. 2. Zinus MyGel 10" Medium Memory Foam Mattress: twin was $459.99 now $183.20 with code PRIMETIME at Mattress FirmWhether you need a mattress for your guest room or your dorm room, this budget all-foam model from Zinus is a near steal. (A queen is only $287.20 after all discounts.) Expect it to perform similarly to the Zinus Green Tea Memory Foam Mattress with a medium feel to suit side sleepers. You can upgrade to the 12" version if you need more height; it's also on sale with an additional 20% off after code PRIMETIME. 3. Beautyrest Silver BRS900 Extra Firm Mattress: twin was $1,199.99 now $391.99 with code PRIMETIME at Mattress FirmStomach sleepers, this deal is for you. This 11.75" hybrid features firm pocket coils along with a gel memory foam layer across the center of the mattress for lumbar relief. In addition to up to 59% off the MSRP, apply coupon code PRIMETIME for an extra 20% off. That brings the price of a queen-size Beautyrest Silver to $463.99 (was $1,399). That's less than most of our best firm mattress picks. 4. Tulo Bamboo 12" Green Tea Memory Foam Mattress: twin was $629.99 now $191.19 with code PRIMETIME at Mattress FirmThis memory foam mattress is wrapped in a breathable bamboo soft knit cover to help prevent overheating. With a medium-plush feel courtesy of the green tea-infused foam comfort layer, we think this is one for side sleepers to enjoy. It's a rather basic design otherwise, but the price is right if you're shopping for a college dorm, guest room, or your first apartment. A 62% discount from MSRP plus an extra 20% off with code PRIMETIME knocks the price of a queen-size to $263.99 (reg. $869.99). 5. Tulo 2" Gel Memory Foam Zoned Mattress Topper: twin was $59.99 now $31.99 with code PRIMETIME at Mattress FirmIf you don't need a whole new mattress, a bed topper provides an instant refresh for much less. As far as memory foam mattress toppers go, this one from Tulo is among the cheapest out there, but it provides targeted relief and support from head to toe, which is a hallmark of some of the best mattresses we've tested. A queen-size drops from $79.99 to $43.19 after coupon code PRIMETIME. If you need a more profound comfort boost, 3" and 4" toppers are also available on sale.
Tom's Guide
05-07-2025
- Business
- Tom's Guide
I've found a top Tempur-Pedic deal in today's Mattress Firm sale — up to 30% off the Tempur-ProAdapt
Tempur-Pedic mattresses aren't known for their budget price tags, so this 4th of July deal is worth snapping up if you're in the market for a luxury beds. Right now Mattress Firm is discounting the previous model of the Tempur-Adapt, and a queen will set you back $2,379.30 (MSRP $3,399), which is a considerable saving on this popular (but expensive) mattress. Made by one of the best mattress brands on the market, the Tempur-ProAdapt is a 12" mattress with excellent pressure-relieving qualities. I rate it particularly highly for people with back and joint pain, thanks to the cushioning hug of the Tempur-Material foam providing relief at pressure points. Tempur-Pedic hasn't discounted the ProAdapt on its own website for the 4th of July mattress sales, although you will get $300 worth of free accessories. So this deal is the best we expect to see today on the mattress (that said, the more expensive Tempur-ProBreeze is one of the beds we'd buy in the 4th of July sales). Let's take a closer look at the deal. Tempur-Pedic Tempur-ProAdapt mattress: twin XL was $2,899 now $2,029.30 at Mattress Firm Using adaptive cushioning to cradle and support the joints, I think the ProAdapt is a great choice for people with back pain. Like all the best mattresses for back pain, it supports the lumbar region and keeps the spine aligned by gently contouring and adapting to the shape of each sleeper. Mattress Firm's 4th of July offer takes up to 30% off an older version of the mattress in a medium feel, and there's limited availability on this one, so you should move fast if you're interested. It's the largest discount we've seen on the ProAdapt, and takes a queen down to $2,379.30. You'll also get a 120-night sleep trial, 10-year warranty and free delivery to your door with Mattress Firm. The main focus of the Tempur-ProAdapt is its pressure relief, which makes it an ideal choice for back pain. We've tested the ProAdapt's little brother, the Adapt and in our Tempur-Pedic Tempur-Adapt mattress review, and we rated the medium feel as ideal for back sleepers, so I'd expect to see similar with the ProAdapt. (Excitingly, the version of the Tempur-Adapt that we reviewed is also on sale at Mattress Firm, and at a much more affordable price.) The slow-moving Tempur-Material foam makes this mattress an excellent choice for those who share their bed with a restless sleeper, but that same foam also means this isn't a great choice for hot sleepers as heat is easily trapped. If you sleep hot, I'd recommend one of the best cooling mattresses instead. Tempur's foam is also an acquired taste, delivering much more of an enveloping body hug than most memory foam; if you're looking for something with a more traditional innerspring feel, the Saatva RX is our top pick for back pain and has far less sinkage. The best luxury mattresses come with high price tags, so it's always worth taking advantage of a sale. Although we do see regular Tempur-Pedic mattress sales, it's rare for discounts to exceed $300, so Mattress Firm's deals offering over $1,000 off is great value. Mattress Firm also offers a slight longer trial period than Tempur-Pedic (120 nights to 90) and you'll get a 10-year warranty. Do note, though, that you'll only get free delivery to your door and you'll have to pay $99 if you want white glove delivery. DreamCloud Classic Hybrid mattress: twin was $1,014 now $399 at DreamCloud One of the best hybrid mattresses you can buy, the DreamCloud is an absolute bargain at $699 for a queen in the evergreen DreamCloud mattress sales. The testers in our DreamCloud mattress review found that it delivered exceptional support and suited nearly all sleepers, as well as offering excellent temperature regulation and motion isolation. It's not as luxurious as the Tempur-Pedic, but it is incredibly reasonably priced and you'll also get a 365-night trial, lifetime warranty and free shipping and returns.
