Pelotons

On the night of Sept. 26, 2019, hours after Peloton shares went public, employees dined on seafood and sipped champagne in the glittering halls of Hudson Yards as they discussed what they'd spend their newfound paper fortunes on.During a…

“If you’ve been wondering whether or not Peloton can make an epic comeback, this quarter’s results show the changes we’re making are working,” Peloton CEO Barry McCarthy wrote Wednesday in an investor letter accompanying the company’s Q2…

A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021.Adam Glanzman | Bloomberg | Getty ImagesPeloton's Chief People Officer Shari Eaton is leaving the…

UPDATE – Sent 12:55PM ET; Thursday, October 6 RE: A Difficult, But Critical Pivot to Growth Team, I’m sure you all have seen or heard about today’s Wall Street Journal story. We were expecting a story about redemption and the successful…

A Peloton exercise bike is seen after the ringing of the opening bell for the company's IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019.Shannon Stapleton | ReutersPeloton's head of marketing is leaving the…

Peloton co-founder and former CEO John Foley has resigned as executive chairman of the board, marking the latest big shakeup at the connected fitness company (via The Wall Street Journal). Things have been quite turbulent as of late for…

When Barry McCarthy stepped up as Peloton’s new CEO last quarter amid news the company had laid off 2,800 employees, it was clear he had his work cut out for him. Since then, McCarthy has been vocal about shifting the company’s focus…

Impremedia, which runs El Diario in New York and other publications, is being acquired by My Code.Credit...Kike Calvo, via Associated PressImpremedia, owner of some of the largest Spanish-language daily newspapers across the United States,…

Peloton, the maker of connected fitness bikes that was one of the hottest companies in the early days of the pandemic, announced this morning that it lost $757 million in the first three months of the year, far more than analysts were…

Barry McCarthy, Peloton’s new CEO, weighs an app store and new subscription model as potential ways to kickstart the company’s stagnant sales, as stated in an interview with the New York Times’ DealBook. “It could be an open platform and…