Peloton sales surge 172 per cent as pandemic bolsters home fitness industry

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 99%

United States News News

United States United States Latest News,United States United States Headlines

At-home fitness company Peloton announced its first-ever quarterly profit, which was bolstered by a 172 per cent surge in sales and more than 1 million people subscribing to its streaming classes.

The Peloton logo is displayed on the company's stationary bicycle, Thursday, Sept. 26, 2019 in New York. For Peloton, the pandemic has been profitable. The at-home fitness company announced its first-ever quarterly profit, which was bolstered by a 172 per cent surge in sales and more than 1 million people subscribing to its streaming classes.

The better-than-expected fiscal fourth-quarter earnings sent Peloton's stock 6 per cent higher in early trading. Shares are up more than 220 per cent this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

So now includes product placement / advertisements in news stories? Why not just state 'fitness industry' vs singling out one supplier?

So today 32501 tests in Ontario with 213 positives results, for 0.66% tested positive and 99.34% tested negative. Actually better than yesterday, but panic is holding. PCR test is useless, this means there is no virus out there . PERIOD. Stop scaring everybody!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines