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Purple Innovation, Inc. (NASDAQ:PRPL) Q2 2025 Earnings Conference Call July 29, 2025 4:30 PM ET

Company Participants

Robert DeMartini - CEO & Director
Todd Vogensen - CFO & Treasurer

Conference Call Participants

Stacy Turnof - Edelman Smithfield
Bradley Thomas - KeyBanc Capital Markets Inc., Research Division
Matt Koranda - ROTH Capital Partners, LLC, Research Division
Robert Griffin - Raymond James & Associates, Inc., Research Division
Daniel Silverstein - UBS Investment Bank, Research Division
Brian Nagel - Oppenheimer & Co. Inc., Research Division

Operator

Thank you for standing by. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to the Purple Innovation's Second Quarter Earnings 2025. [Operator Instructions]

I would now like to turn the call over to Stacy Turnof, Investor Relations. Please go ahead.

Stacy Turnof

Thank you for joining Purple Innovation's Second Quarter 2025 Earnings Call. A copy of our earnings press release is available on the Investor Relations section of Purple's website at www.purple.com.

Before we begin, I'd like to remind you that certain statements made in this presentation are forward-looking statements. These statements reflect Purple Innovation judgment and analysis as of today and are subject to a variety of risks and uncertainties that could cause actual results to differ materially from current expectations. You should not place undue reliance on these forward-looking statements. For more information, please refer to the risk factors outlined in our filings with the SEC.

Additionally, today's presentation will reference non-GAAP financial measures such as adjusted operating expenses, adjusted EBITDA, adjusted net loss and adjusted net loss per share. A reconciliation of these measures to their most comparable GAAP measures can be found in the earnings release available on our website.

With that, I'll turn the call over to Rob DeMartini, Purple Innovation's


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