Stocks

“Peloton shares plunge 26% on weak holiday quarter, sluggish demand for splashy new products”

“Peloton missed Wall Street’s expectations on the top and bottom lines and fell short of its internal sales targets during its crucial holiday quarter.

The misses come after the connected fitness company overhauled its product assortment and raised prices for both hardware and subscriptions.

Despite worse-than-expected sales, Peloton is continuing to improve its profitability and raised its full-year adjusted EBITDA guidance.”

https://www.cnbc.com/2026/02/05/peloton-pton-earnings-q2-2026.html

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