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This article first appeared on GuruFocus. Net Revenue: $96.5 million, down 19% year-over-year. Direct-to-Consumer (DTC) Revenue: $60.9 million, down 9% year-over-year; August and September combined up ~1% year-over-year. E-commerce Revenue: $42.4 million, down 6% year-over-year; August and September combined up ~2% year-over-year, driven by Amazon and purple.com. Showroom Revenue: $18.5 million, down 16% year-over-year; Q2+Q3 combined same-store comps down 1%, year-to-date showroom comps up nearly 2%. Wholesale Revenue: $35.6 million, down 31% year-over-year; true channel performance down ~23% (accounting changes ~one quarter of decline). Gross Profit: ~$41.9 million vs. $56.5 million prior year. Gross Margin: 43.
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