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Nautilus, a leader in home fitness, has launched the Bowflex® C7 indoor cycling bike, available at select Dick’s Sporting Goods for $1,199. This bike features a 7” HD touchscreen, 100 resistance levels, and a compact design for home use. The C7 includes access to the JRNY® digital fitness service, which offers personalized workouts based on user assessments. A recent YouGov survey indicated a rise in home workouts, increasing from 43% to 73% during COVID. Moreover, 55% of fitness consumers reported purchasing home equipment since the pandemic began.
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Nautilus, Inc. (NYSE: NLS) has announced its participation in upcoming virtual investor conferences. On December 10, 2020, management will attend the Truist Securities Gaming, Lodging, Leisure & Restaurants Summit, engaging in one-on-one and small group meetings. Also on December 10, at 1:30 PM PT, they will partake in the ROTH Virtual Deer Valley Consumer Event panel titled “Understanding Fitness – COVID and Beyond!” On December 15, 2020, Nautilus will join the William Blair FutureView 2020: The Consumer panel on the “Future of Fitness” at 8:00 AM PT.
Nautilus Inc. (NYSE: NLS) announced an expanded partnership with Vi Labs, integrating Vi's digital coaching capabilities into the JRNY™ platform across Bowflex cardio equipment. Following a successful initial launch, which saw a 350% usage increase, the partnership aims to deliver personalized, AI-driven workout experiences. The JRNY platform will utilize real-time tracking and adaptive coaching to enhance the user experience. Vi's technology will provide goal-oriented, dynamic workouts that evolve based on user data, capitalizing on the growing home fitness market.
Nautilus, Inc. (NYSE:NLS) announced participation in the Craig-Hallum 11th Annual Alpha Select Conference on November 17, 2020. Management will engage in virtual one-on-one and small group meetings with investors throughout the day. Interested investors are encouraged to contact their Craig-Hallum representatives for scheduling. Headquartered in Vancouver, Washington, Nautilus, Inc. focuses on technology-driven fitness solutions with a brand portfolio that includes Bowflex, Nautilus, Schwinn, and JRNY. The company emphasizes promoting healthy living through its innovative products.
Nautilus, Inc. (NYSE: NLS) will announce its financial results for Q3 2020 on November 9, 2020, post-market close. A conference call to discuss results will be held at 1:30 p.m. PT. Participants include CEO Jim Barr and CFO Aina Konold. The call will be accessible via phone and webcast, with slides available for download on their website. A replay will be available for six months online and for two weeks via phone. Nautilus is recognized as a leader in home fitness solutions, offering a variety of brands including Bowflex, Nautilus, and Schwinn.
Nautilus, Inc. (NYSE: NLS) has appointed Garry Wiseman as Senior Vice President and Chief Digital Officer, effective October 26, 2020. Wiseman will lead the strategy and development of JRNY, Nautilus’s AI-powered fitness platform, while focusing on enhancing the company's digital transformation and e-commerce capabilities. With over 25 years of experience from previous roles at Dell, Microsoft, eBay, and Salesforce, he aims to improve customer experiences and drive business growth. CEO Jim Barr emphasized the importance of this role in advancing Nautilus's innovative home fitness solutions.
Nautilus has finalized the sale of its Octane Fitness business to TRUE Fitness Technology for $25 million, with TRUE assuming $3 million in warranty liabilities. This strategic move is aimed at streamlining operations and enhancing consumer fitness offerings. CEO Jim Barr emphasized the focus on improving connected at-home fitness solutions using the proceeds from the sale. The transaction, which solidifies Nautilus’s commitment to its core fitness brand, was completed on October 14, 2020.