Peloton shares surged more than 35 percent Thursday after the beleaguered fitness company reported its first sales growth in over two years, a sign that its turnaround measures are taking root ...
In a shareholder letter released Thursday, Peloton outlined its ongoing strategy to regain its financial footing. It highlights the implementation of a new one-time “used equipment fee” of $95 ...
Shares of Peloton swelled by more than 36% on Thursday, pacing the exercise machine company’s largest single-day percentage gain since going public in 2019, after the company reported year-over ...
Peloton will start charging people a one-time $95 "used equipment activation fee" for used bikes purchased from outside of Peloton and its official distribution partners. The fee will apply in the ...
Peloton co-founder John Foley revealed that he nearly lost all his money after leaving the exercise equipment company in 2022. In an interview with the New York Post, the former CEO opened up ...
Peloton Interactive reported its first sales increase in nine quarters and beat estimates, indicating that the fitness equipment maker’s years-long turnaround efforts were paying off, sending ...
Peloton was accused of an “egregious money grab” over its controversial decision to tack on a $95 “equipment activation fee” for those who purchased a used bike. The one-time fee, which ...
High-end fitness company Peloton seems to be making progress with its turnaround plan, as it reported its first sales increase in nine quarters on Thursday. The company reported that sales rose ...
Thinking of buying a secondhand Peloton machine? Well, US and Canadian customers who do will now have to pay a one-time $95 (or $125 CAD) “used equipment activation fee.” Peloton made the ...
Consumers in the United States and Canada who buy used Peloton exercise machines will face a "used equipment activation fee." The fitness company, which reported its fourth-quarter earnings ...
The past nine quarters have been a bumpy ride for Peloton, which was once one of the biggest stars of the pandemic, when lockdown forced gyms to close and kept everyone at home. The stock shot up ...
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