Peloton on Tuesday said it is adding a new exercise product to its lineup: a rowing machine that starts at $3,195. Consumers who also want to access its range of fitness classes will have to shell out ...
The House of Representatives is planning to announce they will give staffers in Washington, D.C., and in district offices, free Peloton memberships using taxpayer dollars each month amid skyrocketing ...
Exercise equipment maker and former pandemic darling Peloton (PTON) recently made one very smart move. That move will change the way it builds products for sale and might have been the best thing it ...
For only the second time since 2021, Peloton Interactive (NASDAQ:PTON) earned a quarterly profit as cuts to the company’s spending on marketing, research and development, and by “right-sizing the cost ...
Peloton's Q3 earnings exceeded expectations, with $115 million adjusted EBITDA, driven by significant cost cuts and better-than-expected revenue and subscriber numbers. The company raised its 2025 ...
Fitness company Peloton is focusing on right-sizing its cost structure as it strives for breakeven status in the fourth quarter of this year, CFO Liz Coddington said last week at the Morgan Stanley ...
The move to outsourcing will relieve a cash crunch. The company already has more inventory than it would like. This comes as the interactive exercise-equipment company's revenue is falling amid the ...
If you are wondering whether Peloton Interactive at around $6 a share is a bargain or a value trap, you are not alone. This article is designed to unpack that question clearly. The stock is down about ...
Peloton on Tuesday announced that it will stop manufacturing its own bikes and treadmills and will instead outsource all production, a major change for the company as it attempts to cut costs after ...
Peloton has spent the last couple of years bringing manufacturing in-house in order to better control its inventory. But new CEO Barry McCarthy is more concerned with profitability than previous ...