However, Peloton's revenue projections for fiscal year 2025 fell slightly short due to anticipated lower hardware sales. BMO Capital Markets and Citi maintained their Market Perform and neutral ...
Over the last five years, Peloton has shifted from a heavy pre-pandemic presence in fitness studios and luxurious hotels to a more recent focus on direct-to-consumer sales through the Peloton website.
Once marketed as an exclusive, aspirational brand, Peloton began rebranding itself to be seen as more accessible as it grappled with falling sales and a plummeting stock price. In August 2022 ...
However, Peloton's revenue projections for fiscal year 2025 fell slightly short due to anticipated lower hardware sales. BMO Capital Markets and Citi maintained their Market Perform and neutral ...
Peloton Interactive, Inc.’s (NASDAQ:PTON) stock soared nearly 30% as the company not only smashed first-quarter sales estimates but also brought in a high-profile Apple Inc. veteran to lead its ...
Peloton reported Q1 sales of $586 million, exceeding expectations, and improved its GAAP net loss by $158 million year-over-year. Peloton appoints Peter Stern as CEO, effective January 1 ...
Peloton — which was founded in 2012 — is hoping Stern will help expand its subscriber base, as the company works to lean on continual subscription fees instead of its one-time bike sales.
Peloton Interactive has tapped Ford executive ... The company said in its release that Q1 tends to be a slower hardware sales period, and that total sales and marketing expense was down $64 ...