You Searched For "peloton earnings" and got 20 results
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1 min read
Former billionaire John Foley says he lost all of his money and had to sell 'almost everything' after losing Peloton CEO job
John Foley, once a billionaire, says losing his job as the CEO of Peloton cost him dearly and he "h…
Sarah Jackson
1 min read
Peloton falls 22% after earnings reveal plunging subscribers and steep cost of bike seat recall
The cult-favorite exercise bike company lost 29,000 subscribers and burned through an extra $40 mil…
Jennifer Sor
2 mins read
Peloton crumbles 20% to a record low after third-quarter earnings miss reveals a 'thinly capitalized' company
"We finished the quarter with $879 million in unrestricted cash and cash equivalents, which leaves …
Matthew Fox
2 mins read
Peloton's earnings shocker just wiped 34% off the stock as home-exercise interest fades - but JPMorgan says a strong holiday season can help propel it back up 60% next year
JPMorgan analysts maintained an 'overweight' rating ahead of the exercise equipment maker's stronge…
Isabelle Lee
2 mins read
Peloton sheds $8 billion in value after earnings show the reopening is hitting sales hard
"We underestimated the reopening impact on our company," Peloton chief John Foley told shareholders…
Harry Robertson
1 min read
Peloton sinks after issuing downbeat outlook as it slashes $400 off the price of its original exercise bike
The company said Friday it received a federal subpoena stemming from reports about injuries from it…
Carla Mozée
1 min read
Peloton's founder is no longer a billionaire after the stock's violent post-earnings sell-off
CEO John Foley's net worth was slashed to around $850 million during Friday's dramatic sell-off fol…
Max Adams
1 min read
Cathie Wood's Ark bought the dip in Peloton as the bike maker tumbled amid a larger than expected drop in its earnings
The Ark Next Generation ETF bought an additional 115,515 shares of PTON on Monday.
Emily Graffeo
1 min read
Peloton surges 21% after its CEO says the fitness company is on track for an 'epic comeback'
Pelonton's CEO was upbeat even as the company failed to turn a profit last quarter. "We've put to b…
Morgan Chittum
2 mins read
Peloton is finally launching its long-rumored rowing machine
Peloton instructor Adrian Williams teased the new machine, calling it a "game-changer" for users' f…
Avery Hartmans
1 min read
Peloton drops 7% after the cycle-maker said it's struggling to keep up with surging demand for its flagship fitness products
Over the past year, Peloton's customers have complained of months-long waits, delivery delays, and …
Shalini Nagarajan
2 mins read
Peloton climbs 6% as tripled quarterly sales outweigh delivery issues, prompting a flurry of stock upgrades
The product shortage is "a good problem to have," JPMorgan analysts said. The bank lifted its price…
Ben Winck
1 min read
Peloton is scrapping plans to build its own factory
The canceled factory is feeding into Peloton's plans to cut costs by around $800 million a year, in…
Grace Dean
2 mins read
Peloton's disastrous month doesn't mean the future of at-home fitness is dead, analysts say
Home fitness equipment sales, excluding Peloton bikes and treadmills, amounted to $3.3 billion betw…
Allana Akhtar
2 mins read
US stocks rise as investors digest more 4th-quarter earnings and await key inflation data
Fourth-quarter consensus EPS is now tracking 6% above where it stood on January 1, which is higher …
Isabelle Lee
2 mins read
Berkshire Hathaway and Adidas check every box as a potential Peloton buyer, according to the activist firm that pushed for CEO's resignation
In a 65-page presentation to the Peloton board, Blackwells Capital named 19 potential acquirers of …
Isabelle Lee
2 mins read
Peloton stages a rebound after stock plunge as the CEO says it is resetting production for sustainable growth
"We feel good about right-sizing our production," Peloton CEO John Foley told employees in a letter…
Carla Mozée
2 mins read
Peloton will soar 43% from current levels as its stock catches up with surging demand, Goldman Sachs says
Peloton sales surged through the pandemic, and that trend will continue as gyms struggle to bring b…
Ben Winck
3 mins read
Peloton will face investors one day after it recalled thousands of treadmills. Here are the top questions executives will face.
Beyond the financial impact of recalling more than 125,000 products, analysts say the company's lon…
Grace Kay
2 mins read
Peloton soars 20% to record highs after earnings show people flocking to its bike as gyms are closed across the country
"During the last few weeks of Q3, we saw a significant increase in demand for our bike, which has c…