Purple Innovation Announces Consolidation of Manufacturing Operations to Accelerate Growth [Yahoo! Finance]
Purple Innovation, Inc. (PRPL)
Last purple innovation, inc. earnings: 3/9 04:05 pm
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Source: Yahoo! Finance
LEHI, Utah Aug. 22, 2024 /PRNewswire/ -- Purple Innovation, Inc. (NASDAQ: PRPL) ("Purple"), a comfort innovation company with the #1 Gel Grid technology in the world, today announced the consolidation of its mattress production operations into its McDonough, Georgia facility, and the corresponding closure of two manufacturing facilities in Salt Lake City and Grantsville, Utah . The closure of the Utah manufacturing facilities is expected to be completed during the first quarter of 2025 and the consolidation into the McDonough, Georgia facility is expected to be completed by December 31 "These moves enable Purple to streamline our operations and to reinvest in technology and marketing to grow the category," said Rob DeMartini , CEO of Purple Innovation. "This decision was not made lightly. Over the past year, we have driven savings through manufacturing efficiency and supply chain initiatives, and we are confident that the consolidation of our manufacturing footprint is an important
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News
- Purple Innovation Inc (PRPL) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- Purple Innovation Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Purple Innovation Reports Third Quarter 2024 ResultsPR Newswire
- Purple Innovation Q3 2024 Earnings Preview [Seeking Alpha]Seeking Alpha
- Purple Innovation to Report Third Quarter 2024 Results on November 4, 2024PR Newswire
PRPL
Earnings
- 11/4/24 - Beat
PRPL
Sec Filings
- 11/13/24 - Form 8-K
- 11/12/24 - Form SC
- 11/4/24 - Form 8-K
- PRPL's page on the SEC website