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Peloton

What makes a company more likely to issue a product recall? Maybe a new CEO

by Matt Levin
May 15, 2023
Case in point: Peloton's latest recall.
A Peloton stationary bike sits on display at one of the fitness company's studios.
Scott Heins/Getty Images
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For tech giants like Meta, feverish pandemic growth is now followed by layoffs

by Kristin Schwab
Nov 7, 2022
Jobs losses at Meta and others could be an indicator of wider cuts in other industries.
Meta is reportedly planning to lay off thousands of employees this week, joining several other big companies in downsizing.
Fabrice Coffrini/AFP via Getty Images
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Peloton lost more than $1.2 billion last quarter. Is the company spinning its wheels?

by Lily Jamali
Aug 26, 2022
The latest earnings from the popular fitness bike company may mean the company needs to switch directions to retain customers.
The fitness company reported a massive loss last quarter, spurring questions about the need for a revamped business strategy.
Ethan Miller/Getty Images
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Pandemic darlings try to get past "the party's over"

by Kristin Schwab
Jul 20, 2022
Peloton, Netflix and others have to predict how their customers will behave. But amid pandemic disruption, it's an uphill battle.
Business has declined at some companies that flourished during COVID-19 lockdowns, like Netflix.
Chris Delmas/AFP via Getty Images
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Peloton focuses on where the money is: subscriptions

by Andy Uhler
Jul 12, 2022
The exercise company seeks higher margins in monthly subs as it outsources the manufacturing of its signature equipment overseas.
Peloton customers pay $40 to $50 for monthly subscriptions to get access to online workouts.
Joe Raedle/Getty Images
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Founder CEOs often have shelf lives

by Lily Jamali
Feb 8, 2022
John Foley, Peloton's co-founder and CEO, is handing the reins to a leader with different experience, a moment many startups put off.
Peloton's John Foley is leaving the CEO position after business turned down, but he's staying on as executive chairman.
Joe Raedle/Getty Images
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Filling office water cooler void, gyms make a comeback

by Matt Levin
Nov 5, 2021
As people look to work out around others again, there's increasing foot traffic at gyms across the country.
Peloton posted disappointing earnings on Thursday. In the meantime, gyms like Planet Fitness have seen an increase in foot traffic.
Don Emmert/AFP via Getty Images
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Peloton pedals into new territory with plans for Ohio factory

by Scott Tong
May 25, 2021
When the factory is scheduled to open in two years, will we still be exercising as much from home?
The company no longer plans to rely solely on suppliers in Asia, as demand for Peloton units in the pandemic surged and the company couldn’t keep up.
Ezra Shaw/Getty Images
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COVID-19

Time to ride, and buy: Peloton to acquire Precor

by Erika Beras
Dec 22, 2020
With stay-at-home orders, Peloton sales and subscriptions grew and grew, topping a million.
Peloton's sales have doubled during the pandemic. Above, a woman rides her Peloton at home in California in April.
Ezra Shaw/Getty Images
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Why Peloton users might give the company a competitive edge

by Kai Ryssdal and Sean McHenry
Nov 18, 2019
People who feel alienated from fitness companies like SoulCycle are finding a place at Peloton — and that may help the company's bottom line.
Peloton advertisements often feature luxury apartments, but its users come from different walks of life.
Courtesy of Peloton
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