Peloton has announced that the sale of the Peloton Output Park will be delayed by 6 months, and they no longer plan to sell Precor.
Company News
Peloton releases FY Q2 2023 earnings
Peloton has released their FY 2023 Q2 earnings. They reported a greater than expected revenue of $792.7 for the quarter. Peloton CEO Barry McCarthy is optimistic about what is to come
Peloton members spent more than 250 million hours working out in 2022, cycled over 1.6 billion miles, and ran more than 75 million miles
Peloton has provided four key statistics that provide insight into how much the Peloton community worked out in 2022.
Peloton app update indicates pricing tiers are closer to launch?
A widget displaying on the Peloton iOS App indicates that Peloton is getting closer to launching App tiers – mentioning classes that are “Free for a limited time”
Peloton Q2 2023 Earnings Call Date Announced for February 1st 2023
Peloton has announced that their Q2 2023 Earnings Call will take place on February 1st at 8:30 a.m. ET.
Peloton appoints Leslie Berland as new Chief Marketing Officer (CMO)
Leslie Berland will be Peloton’s new Chief Marketing Officer (CMO) starting January 18th, 2023.
The Peloton Tread is available for sale in Australia via phone or chat
Australian members who call or chat Peloton can purchase a Tread ahead of the February 2023 official launch.
Peloton Studios expanding in person classes to Thursday-Monday + New limits on number of classes per weekend & day
The Peloton Studios will be open to members from Thursday through Monday, and there are new limits on how many in-person classes people can take per day or per weekend starting next month.
Peloton increasing monthly All-Access Membership cost for Corporate Wellness members
Peloton is increasing the monthly All-Access Membership fee for hardware owners who belong to a corporate wellness program.
Peloton to Pay $19 Million Civil Penalty to the Consumer Product Safety Commission (CPSC) related to Tread+ Recall
Peloton has agreed to pay a $19 million civil penalty to the Consumer Product Safety Commission (CPSC) related to the recall of the Tread+ in 2021.
Peloton Certified Pre Owned Program officially launches: Peloton Certified Refurbished Bikes (up to $500 discount)
Peloton has officially launched their certified pre owned program today, called “Peloton Certified Refurbished.” A refurbished Peloton Bike is $1,145, and a refurbished Peloton Bike+ is $1,995.