High-end fitness company Peloton, which has struggled in the post-pandemic world, has tapped another chief executive to try ...
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.
Peloton is losing subscribers. The company has shifted its focus away from hardware sales and into growing subscription revenue. It continues to lose members every quarter, suggesting that its ...
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 ...
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Long focused on growth at all costs, Peloton has turned its sights to profitability and has had to become more creative as it tries to reach new users. As sales fall and losses mount ...
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 ...
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, the ...
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 ...
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 ...