At some point PRPL’s valuations are going to be too attractive it gets bought out…
My Base Case PRPL revenue. 211M based on 375.00 dollars per store per day and 2350 stores @ 38% of sales. Bear Case: 182M based on 350 per day per store and 38%. Bull case: 400 per store @ 38% 225M. Concensus is 203M.
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Jeez- I hope so, for 3B. I would say cya later.
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What price targets do the bull/base/bear cases translate into?
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No Idea- but If it doesn't go up from here I might need to start minting some Cat JPEGS.
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