--- title: "Purple (PRPL) Q2 Earnings: What To Expect" type: "News" locale: "en" url: "https://longbridge.com/en/news/295312796.md" description: "Purple (PRPL) reports Q2 earnings after market close. Last quarter, revenue missed expectations at $95.73M (-8.1% YoY). This quarter, analysts expect a 2.5% revenue decline. Peers Mohawk Industries and Leggett & Platt recently reported mixed results. Purple shares are up 16.1% over the last month, trading well below the average analyst price target of $25." datetime: "2026-08-09T03:06:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295312796.md) - [en](https://longbridge.com/en/news/295312796.md) - [zh-HK](https://longbridge.com/zh-HK/news/295312796.md) generator: "portal-rs" --- # Purple (PRPL) Q2 Earnings: What To Expect Bedding and comfort retailer Purple will be announcing earnings results this Monday after market close. Here’s what to look for. Purple missed analysts’ revenue expectations last quarter, reporting revenues of $95.73 million, down 8.1% year on year. It was a slower quarter for the company, with full-year revenue guidance missing analysts’ expectations significantly and a significant miss of analysts’ EPS estimates. Is Purple a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting Purple’s revenue to decline 2.5% year on year, improving from the 12.6% decrease it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Looking at Purple’s peers in the consumer discretionary - home furnishings segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Mohawk Industries delivered year-on-year revenue growth of 6.8%, beating analysts’ expectations by 7.2%, and Leggett & Platt reported a revenue decline of 5.5%, topping estimates by 1.7%. Mohawk Industries traded up 3% following the results while Leggett & Platt was down 6.1%. Read our full analysis of Mohawk Industries’s results here and Leggett & Platt’s results here. Investors in the consumer discretionary - home furnishings segment have had steady hands going into earnings, with share prices up 1.8% on average over the last month. Purple is up 16.1% during the same time and is heading into earnings with an average analyst price target of $25 (compared to the current share price of $9.54). **ONE MORE THING: The $21 AI Application Stock Wall Street Forgot.** While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. **Read the FREE Report Before They Notice**. ### Related Stocks - [PRPL.US](https://longbridge.com/en/quote/PRPL.US.md) - [LEG.US](https://longbridge.com/en/quote/LEG.US.md) - [MHK.US](https://longbridge.com/en/quote/MHK.US.md) ## Related News & Research - [Leggett & Platt (NYSE:LEG) Upgraded by Zacks Research to Strong-Buy Rating](https://longbridge.com/en/news/296615767.md) - [Leggett & Platt Announces Shareholder Approval of Merger with Somnigroup | LEG Stock News](https://longbridge.com/en/news/296515634.md) - [3 arguments for and against AI watermarks](https://longbridge.com/en/news/296205500.md) - [Originalis AI Founding Engineer Ujjwal Jain Unveils AI System Processing Over 645,000 VC Email Threads](https://longbridge.com/en/news/296065185.md) - [Why Target is betting a chief AI officer will boost growth](https://longbridge.com/en/news/296125992.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**