Peloton Recalls 2.2 Million Bikes, Customers Told to Immediately Stop Using Them
The Consumer Product Safety Commission said people should immediately stop using the bikes. Source link
Sports Equipment
Peloton’s Progress in Narrowing Losses Falls Short of Expectations
The exercise-equipment company continues to sit on high levels of unsold web-connected bikes and treadmills. Source link
Peloton’s Quarterly Sales Fall Again but Losses Narrow
BusinessEarningsCompany predicts revenue could drop 37% in holiday quarter, with CEO saying turnaround is ahead of schedule Source link
WSJ News Exclusive | Peloton Co-Founder John Foley Faced Repeated Margin Calls From Goldman Sachs as Stock Slumped
John Foley, the co-founder and former chief executive of Peloton Interactive Inc., PTON -3.41% faced repeated margin calls on money...
Peloton Delays 10-K Annual Report to Complete Accounting
Peloton Interactive Inc. PTON -8.50% said it needs to delay filing its annual report with securities regulators, the latest setback...
Peloton to Cut Price of Bikes, Raise Subscription Fees
Peloton Interactive Inc. will cut prices of its stationary bikes and treadmills and raise monthly subscriptions for online workout classes....
WSJ News Exclusive | A Peloton Bike and Subscription for One Monthly Fee? Company to Test New Price Plans
Peloton Interactive Co. PTON 3.95% ’s new chief executive is looking to overhaul the stationary-bike maker’s pricing strategy in a...
The Hidden Ways Companies Raise Prices
Lettuce Entertain You Enterprises Inc., a Chicago-based restaurant group, has added a 3% “processing fee” to checks at many of...
WSJ News Exclusive | Peloton CEO John Foley to Step Down, Become Executive Chair
Peloton Interactive Inc. PTON 20.93% plans to replace its chief executive, cut costs and overhaul its board after a slowdown...
WSJ News Exclusive | Activist Investor to Call on Peloton to Fire Its CEO
An activist investor wants Peloton Interactive Inc. to fire its chief executive and explore a sale after the stationary-bike maker’s...
Peloton Slashes Price on Exercise Bike, Predicts Slowing Growth
Peloton Interactive Inc. on Thursday lowered by 20% the price of its original stationary bike, a move that comes as...
Peloton Tested a U.S. Safety Watchdog. It Wasn’t the First.
Peloton Interactive Inc. fought to become a breakout star in the at-home fitness industry. It didn’t back down when the...
