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 ...
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 ...
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 ...
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 ...
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 ...
— Recommendations are independently chosen by our editors. Purchases you make through our links may earn us and our publishing partners a commission. Peloton, the celebrated fitness brand known for ...
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 ...
is a senior reporter who has covered AI, robotics, and more for eight years at The Verge. Peloton has announced it will completely out-source the production of its bikes and treadmills to Taiwanese ...