Purple Innovation, Inc. (PRPL) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.134 Hello, everyone. Thank you for joining us and welcome to Purple Innovation's second 00:00:05.134 -- 00:00:10.176 quarter 2026 earnings call. After today's prepared remarks, we will 00:00:10.176 -- 00:00:15.579 host a question and answer session. If you would like to ask a question, please 00:00:15.579 -- 00:00:20.682 press star one to raise your hand. To withdraw your question, press star 00:00:20.682 -- 00:00:25.444 one again. I will now hand the conference over to Stacey Turnuff. 00:00:25.444 -- 00:00:28.105 Please go ahead. 00:00:29.042 -- 00:00:34.223 Thank you for joining Purple Innovation's second quarter 2026 earnings call. 00:00:34.223 -- 00:00:38.184 A copy of our earnings press release is available on the investor relations section of 00:00:38.184 -- 00:00:41.544 Purple's website at www.purple.com. 00:00:42.085 -- 00:00:46.466 Before we begin, I'd like to remind you that certain statements made in this presentation 00:00:46.466 -- 00:00:50.707 are forward-looking statements. These statements reflect Purple Innovation's judgment 00:00:50.707 -- 00:00:55.546 and analysis as of today are subject to a variety of risks and uncertainties that could 00:00:55.546 -- 00:00:59.849 cause actual results to differ materially from current expectations. 00:00:59.849 -- 00:01:03.493 We should not place undue reliance on these forward-looking statements. 00:01:03.493 -- 00:01:07.536 For more information, please refer to the risk factors outlined in our filings with the 00:01:07.536 -- 00:01:12.621 SEC. Additionally, today's presentation will reference non-GAAP financial measures 00:01:12.621 -- 00:01:17.805 such as adjusted gross margin, adjusted operating expenses, adjusted EBITDA, adjusted 00:01:17.805 -- 00:01:20.193 net loss, and adju...