Peloton recall to cost company $165 million in lost sales

  • 📰 CNN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Peloton is estimating its treadmill recall will cost the company about $165 million in lost revenue during the the current quarter, and result in a $16 million hit to its profits

After weeks of fighting a call by federal safety regulators to recall its Tread and Tread+ treadmills tied to one infant death and reports of 70 injuries, the company admitted Wednesday it had made a mistake and would recall the product. On Thursday evening, it told investors how much it would cost its top and bottom line.CEO John Foley again apologized for not moving sooner to agree to the recall, and admitted that the company's reputation had been damaged by the recall dispute.

The CPSC released details of other incidents, including a child being injured when an adult was using it and"pets and objects" also being pulled under the treadmill by the belt that people walk or run on.The company said it is working on some hardware fixes to stop anything from being pulled underneath. It said it will issue a software update within days that would be a lock-out feature to stop anyone but the owner from being able to turn on the treadmill.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 4. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Ya well, a kid died so .... Plus, do some testing

Why would you let your kids near you when you are on ANY treadmill?

Gee, will Peloton’s husband buy them a machine that teaches them safety and laws about safety? Just to firm them up on that, cause they are not looking good......

대한민국 최근 뉴스, 대한민국 헤드 라인