Peloton is raising the prices of Bike+ and Tread today. The original Bike and Peloton Guide will remain at the same price.
Company News
Report: Peloton moving to all 3rd party delivery & service/repairs – Peloton warehouse locations being closed
Peloton will reportedly be closing their warehouses, and moving to using all third party partners (like XPO) for delivery & service calls moving forward by the end of the year.
Report: More Peloton employees laid off today due to restructuring
We are receiving reports that another round of layoffs has taken place at Peloton today due to some restructuring.
Peloton Full Year & Q4 2022 Earnings Call Date Announced for August 25th 2022
Peloton has announced that their Q4 2022 Earnings Call will take place on August 25 at 8:30 a.m. ET.
Report: Peloton Studios London (PSL) Looking to Expand
New planning documents show that Peloton is planning to expand their Peloton London studio space (PSL) with a new retail shop.
Peloton hit with another Music Lawsuit – Music Publishing Company Soul Assassins Files Complaint for Copyright Infringement
Music publishing company Soul Assassins has filed a lawsuit against Peloton for copyright infringement and they are seeking damages of $150,000 per song used.
Peloton Announces Studio Grand Reopening Date: August 19
Peloton will officially reopen their studios in New York and London on August 19, 2022.
Peloton will outsource all manufacturing moving forward
Peloton put out a press release this morning stating they have made the decision to outsource all manufacturing moving forward.
Peloton Australia Celebrating 1 Year Anniversary
Peloton will celebrate the one year anniversary of their launch in Australia with two special rides taught by Ben Alldis.
Report: Peloton Repricing Stock Options & Offering Cash Bonuses to Employees in Effort to Boost Morale
CNBC is reporting that Peloton is rolling out employee pay incentives in an effort to boost morale amongst its workforce.
Peloton CEO remains “hopeful” about relaunch of Tread+
A Reddit thread shows that Peloton CEO Barry McCarthy remains “hopeful” about the potential to resume sales of the Tread+.
Report: Peloton Looking to Sublease Part of their NYC Office Headquarters
Peloton is reportedly looking to sublease 100,000 square feet of their New York City headquarters in Hudson Commons.