Saturday, August 28, 2021

Bike price cut, rising costs to hit Peloton's profitability

Peloton Interactive Inc said its near-term profitability would suffer due to a decision to slash the price of its exercise bike and higher commodity and marketing costs.

from Gadgets Now https://ift.tt/3zpQ9Jp
at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Auto companies push for easing of fuel efficiency norms

Automakers are urging the government to relax new CAFE III fuel efficiency norms, set to begin in April 2027, due to the low penetration of ...