It was the storm we all saw coming — Peloton took a massive hit in Q1 as the demand for at-home fitness equipment continues to plummet from all-time highs during pandemic lockdowns and restrictions.
Peloton, the fitness company best known for its connected stationary bikes, has just added the second generation of its bike and a lower priced version of its connected treadmill. Peloton Bike +, ...
Peloton is aiming for a grand comeback ahead of the holidays. The company has been struggling after its meteoric rise during the pandemic. Its latest release? A $6,695 treadmill equipped with AI, ...
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Peloton is slashing jobs again, and this time it's also hiking prices on some of its products, CNN reported. It's part of a major cost-cutting strategy as the beleaguered fitness company continues to ...
One bright spot in the quarter, which ended March 31, was the commercial business, which is its Precor unit. Sales increased ...
Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people's homes. The ...