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Peloton Interactive, Inc. Reports Preliminary Second Quarter Fiscal 2022 Results
Peloton Hires Mckinsey To Review Cost Structure Cycle Maker May Cut Jobs, Close Stores - CNBC
Peloton Interactive Says Amended Revolving Credit Agreement
Peloton Interactive, Inc. is a provider of interactive fitness platform. The Company provides connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes to its customers. The Company segments include Connected Fitness Products and Subscription. The Connected Fitness Products segment include the Company’s portfolio of connected fitness products and related accessories, Precor branded fitness products, delivery and installation services, Company’s branded apparel, extended warranty agreements, and commercial service contracts. Its Subscriptions segment provide access to content in its library of live and on-demand fitness classes. The Company products include Peloton Bike, Peloton Bike+, Tread and Tread+. Its accessories include cycling shoes, dumbbells, resistance bands, reversible workout, bike mat, heart rate monitor, yoga blocks, yoga straps, cleats, pedals, bike weights, and among others.
441 Ninth Avenue, Sixth Floor
NEW YORK, NY
Chairman of the Board, Chief Executive Officer, Co-Founder
William J. Lynch
Co-Founder, Chief Legal and Culture Officer, Secretary
Co-Founder, Chief Product Officer
Chief Financial Officer
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Peloton Interactive Inc's stock surged on Monday after investment firm Blackwells Capital urged the exercise equipment maker's board to fire its chief executive and put the company up for sale.
Activist investor Blackwells Capital LLC wants exercise equipment maker Peloton Interactive Inc. to fire its chief executive and consider selling itself to a fitness or technology company, two sources familiar with the matter said on Sunday.
Activist investor Blackwells Capital LLC is preparing to push Peloton Interactive Inc's board to fire Chief Executive Officer John Foley and explore a sale of the exercise bike maker, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
Peloton Interactive Inc's chief executive said on Thursday the company was reviewing the size of its workforce and "resetting" production levels, following a report earlier in the day that it was temporarily halting production of connected fitness bikes and treadmills after...
Exercise bike maker Peloton Interactive Inc is temporarily pausing productions of its connected fitness products as demand wanes and the company looks to control costs, CNBC reported https://www.cnbc.com/2022/01/20/peloton-to-pause-production-of-its-bikes-treadmills-as-demand-wanes.html...
Exercise bike company Peloton Interactive Inc is working with consulting firm McKinsey & Co to review its cost structure and may cut some jobs, CNBC reported https://www.cnbc.com/2022/01/18/peloton-hires-mckinsey-to-review-cost-structure-as-equipment-sales-slow-.html on...
Lululemon asked a Manhattan federal court Friday to toss a lawsuit in an intellectual-property dispute over Peloton's clothing line, arguing Peloton improperly raced to the court to head off infringement claims by Lululemon in Los Angeles.
Peloton Interactive rose in a volatile trading on Monday following a parody ad firing back at an episode of a "Sex and the City" reboot TV series that suggested the company's exercise bikes can be lethal.
Lululemon Athletica Inc on Monday followed through on its threat to sue Peloton Interactive Inc over the "copycat products" in the exercise bike company's new clothing line.
Peloton Interactive Inc, the exercise bike company, has sued Lululemon Athletica Inc after the athletic apparel maker threatened its own lawsuit over Peloton's new apparel line.
Peloton Interactive Inc has hit fitness rivals Echelon Fitness Multimedia LLC and NordicTrack maker iFit Inc with new lawsuits for allegedly copying its remote-workout technology.
Peloton Interactive Inc shares closed 35.3% lower on Friday, wiping off about $9.2 billion in market value as analysts predicted a tough path ahead for the pandemic darling amid a return by economies to normalcy.
Peloton Interactive Inc on Thursday slashed its full-year sales forecast by up to $1 billion, saying demand for its exercise bikes and treadmills was slowing faster than expected as people return to pre-pandemic habits.
Peloton Interactive Inc shares slumped 33% on Friday, wiping off about $9 billion in market value as analysts predicted a tough path ahead for the pandemic-darling amid a return by economies to normalcy.
Peloton Interactive Inc on Thursday reported a quarterly loss compared with a year-ago profit, hurt by its decision to slash the price of its popular fitness bike and higher marketing and shipping costs.
Peloton Interactive Inc has escaped rival Mad Dogg Athletics' claims that it infringed Mad Dogg's exercise-bike patents, after an East Texas federal court found the relevant parts of the Mad Dogg patents were likely related to abstract ideas.
The Peloton at-home fitness craze has hit Big Law, and O’Melveny & Myers is leading the pack.
Peloton Interactive Inc said on Friday U.S. regulators were investigating the company, adding to the exercise bike maker's woes as it deals with a backlash over reports of accidents involving its treadmills.
Peloton Interactive Inc said on Friday the U.S. Department of Justice and the Department of Homeland Security had subpoenaed the company for documents and other information related to reporting of injuries associated with its products. (Reporting by Manas Mishra in Bengaluru...
Peloton Interactive Inc said on Thursday its near-term profitability would suffer due to a decision to slash the price of its exercise bike and higher commodity and marketing costs.
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