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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Purple Innovation Inc    PRPL

PURPLE INNOVATION INC

(PRPL)
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PURPLE INNOVATION, INC. : Termination of a Material Definitive Agreement (form 8-K)

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06/25/2019 | 03:42pm EDT

ITEM 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT

On June 24, 2019, Purple Innovation, LLC ("Purple LLC"), a subsidiary of Purple Innovation, Inc., terminated the Shared Services Agreement (the "Agreement") between Purple LLC and EdiZONE, LLC, which is an entity owned by Tony and Terry Pearce, the founders of Purple LLC, as Purple LLC determined that it no longer wishes to provide the services covered in the Agreement. The termination of the Agreement is effective July 24, 2019.







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© Edgar Online, source Glimpses

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Financials (USD)
Sales 2019 374 M
EBIT 2019 2,50 M
Net income 2019 -3,90 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -
P/E ratio 2020 -6,81x
Capi. / Sales2019 0,17x
Capi. / Sales2020 0,14x
Capitalization 63,0 M
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Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 6,50  $
Last Close Price 6,47  $
Spread / Highest target 0,46%
Spread / Average Target 0,46%
Spread / Lowest Target 0,46%
EPS Revisions
Managers
NameTitle
Joseph B. Megibow Chief Executive Officer
Terry V. Pearce Chairman
John A. Legg Chief Operating Officer
Mark A. Watkins Chief Financial Officer & Treasurer
Adam Louis Gray Non-Executive Director
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