News Formal

Peloton original bike model has potential safety issue company will address

  • 📰 FoxNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 87%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Peloton's original bike model has a potential safety issue with some seat posts that the fitness and media company said in a Thursday filing it has plans to address.

said it "determined that a corrective action plan is warranted" for the potential issue with the seat posts during its third quarter.

There have been nearly three dozen instances of seat post breaks, 12 of which involved injuries, according to the filing. One person broke their wrist in an incident. Jen Van Santvoord rides her Peloton exercise bike at her home on April 07, 2020 in San Anselmo, California. Peloton reported the corrective action plan for the issue had brought a $8.4 million "estimated contingent loss expense" in the quarter. The expenses "were not material to the current period financial performance," the company said in the filing.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 9. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Peloton would like to remind everyone it’s more than a bike companyMake way for tiered app subscriptions.
Källa: verge - 🏆 94. / 67 Läs mer »