- Peloton beat Wall Street’s expectations on the top and bottom lines, delivering a surprise profit that came in well ahead of forecasts.
- The connected fitness company said it’s introducing another cost-cutting plan to save $100 million in expenses, half of which will come from laying off 6% of staff.
- In a letter to shareholders, CEO Peter Stern outlined his vision for growth, which includes working more closely with Precor and expanding internationally.
https://www.cnbc.com/2025/08/07/peloton-pton-earnings-q4-2025.html