−Removed: We lease three manufacturing
−Removed: facilities in Grantsville, Utah, Salt Lake City, Utah and McDonough, Georgia.
−Removed: These factories total 1.5 million square feet (35 acres
−Removed: under roof), including approximately 574,000 square-feet at our Grantsville facility, 844,000 square feet at our McDonough facility and
−Removed: 67,000 square feet at our Salt Lake City facility.
−Removed: We believe our McDonough location, our first manufacturing plant outside of Utah, serves
−Removed: our customers on the east coast more efficiently than from our Utah locations.
−Removed: Our facility in Salt Lake City was acquired in the Intellibed
−Removed: acquisition in August 2022.
−Removed: We also lease a building with approximately 61,000 square feet in Draper, Utah that serves as our innovation
−Removed: In addition, we lease approximately 30,000 square-feet of office space in Lehi, Utah for our corporate headquarters.
−Removed: As of December
−Removed: 31, 2023, we had 60 Purple showrooms under lease with 10 located in California, five in Texas, five in Utah and 37 located in 23 other
−Removed: states throughout the United States.
+Added: We lease a manufacturing facility
+Added: in McDonough, Georgia with approximately 844,000 square feet.
+Added: In August 2024, we initiated our Restructuring Plan to strategically
+Added: realign our operational focus to achieve operations efficiencies that are expected to improve profitability and provide for reinvesting
+Added: in technology and marketing initiatives.
+Added: The Restructuring Plan is comprised of the permanent closure of two Utah manufacturing facilities
+Added: to consolidate mattress production in our Georgia plant.
+Added: The closure of the manufacturing facilities in Grantsville, Utah with 574,000
+Added: square feet and Salt Lake City, Utah with 67,000 square feet is planned to be completed in the second quarter 2025.
+Added: Our facility in Salt
+Added: Lake City was acquired in the Intellibed acquisition in August 2022.
+Added: In January 2025, we leased an approximately 198,000 square foot distribution
+Added: and fulfillment facility in West Valley City, Utah, that will be opened in April 2025.
+Added: We also lease a building with approximately 61,000
+Added: square feet in Draper, Utah that serves as our innovation center.
+Added: In addition, we lease approximately 30,000 square-feet of office space
+Added: in Lehi, Utah for our corporate headquarters.
+Added: As of December 31, 2024, we had 58 Purple showrooms under lease with 12 located in California,
+Added: six in Texas, four in Utah and 36 located in 23 other states throughout the United States.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.