{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-094098","form_type":"8-K","ticker":"PRPL","cik":"0001643953","company_name":"Purple Innovation, Inc.","filed_at":"2024-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.078988+00:00","generated_at":"2026-05-30T06:08:08.457623+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Purple Innovation Q3 revenue down 15.3% to $118.6M; adjusted EBITDA loss narrows to $6.4M","bullets":["Revenue declined 15.3% YoY to $118.6M; DTC down 11.7%, wholesale down 20.1%.","Adjusted gross margin improved 340bps to 40.5%; GAAP gross margin 29.7% due to $12.9M restructuring charges.","Adjusted EBITDA loss narrowed to $6.4M from $16.3M; net loss $39.2M ($0.36/sh).","Restructuring: $32.7M charges in Q3, $9.9M more expected; targets $15-20M annual EBITDA savings starting 2025.","FY2024 revenue guidance at lower end of $490-510M; expects positive adjusted EBITDA in Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-094098","json":"https://secwatch.observer/filing/0001213900-24-094098.json","markdown":"https://secwatch.observer/filing/0001213900-24-094098.md","text":"https://secwatch.observer/filing/0001213900-24-094098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1643953/000121390024094098/0001213900-24-094098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1643953/000121390024094098/ea0218894-8k_purple.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T06:08:08.457623+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}