Peloton to charge sizable ‘activation fee’ for used equipment purchases
See what’s clicking on FoxBusiness.com. Consumers who purchase used Peloton exercise machines in the United States and Canada will be required to pay a “Used Equipment Activation Fee.” The fitness company, which reported its fourth-quarter earnings on Thursday, revealed that it will begin collecting a new one-time fee from people who buy Peloton equipment from […]
Peloton: Do they have a chance at a comeback?
Citron Research founder Andrew Left shares why he thinks Peloton should invest in Blue Apron. Premium fitness company Peloton reported its first sales increase in nine quarters on Thursday, indicating its turnaround plan appears to be on track. The company reported fourth-quarter sales rose 0.2% year over year, its first year-over-year increase since fiscal 2022. […]
Peloton shares soar after major revamp ends two-year slump
Peloton Interactive Inc. reported its first sales increase in nine quarters and beat expectations, signaling that the fitness-equipment maker’s years-long turnaround effort is paying off, sending its shares soaring 28% on Thursday. The restructuring is aimed at stemming a decline in sales of premium home equipment, which had been strong during the pandemic, as rising […]