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Peloton Interactive (PTON) Stock News, Oct 2024-Jan 2025

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Peloton Interactive, Inc. reports developments across its connected fitness and wellness platform, which combines equipment, software, expert instruction, subscription content and a member community. The company’s updates commonly cover Connected Fitness Products, monthly Subscription revenue, member metrics, gross margin, adjusted EBITDA, free cash flow expectations and net debt.

Recurring announcements also address Peloton’s commercial fitness expansion, including Precor-branded equipment and the Peloton Commercial Series for high-use gym environments; content distribution and licensing partnerships such as Spotify; new fitness and wellness class categories; brand campaigns; and leadership changes tied to content, finance and member development. Peloton serves members in the U.S., U.K., Canada, Germany, Australia and Austria.

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Peloton Interactive (NASDAQ: PTON) has announced it will release its second quarter 2025 financial results before the U.S. stock market opens on Thursday, February 6, 2025. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. Eastern Time on the same day.

Participants can access the conference call by registering through a phone registration link, with registration recommended at least 15 minutes before the call starts. A live audio webcast will be available on the company's investor relations website, with a replay accessible for 30 days following the event.

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Peloton Interactive (Nasdaq: PTON) has announced its participation in the UBS Global Media and Communications Conference on Tuesday, December 10, 2024, at 9:45 AM ET. The company will be represented by Chief Financial Officer Liz Coddington. Investors and interested parties can access both the live webcast and replay of the presentation through Peloton's Investor Relations website.

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Peloton (NASDAQ: PTON) has released its fourth annual ESG report for FY2024, showcasing progress in environmental and social initiatives. The company is on track to submit emissions-reduction targets to SBTi by 2025 and aims to source 100% renewable energy for global operations by FY26, currently at ~80%.

Key achievements include advancing circularity through refurbished and rental programs, completing the first carbon footprint assessment for the Peloton Bike, and reaching ~199,000 individuals through community engagement programs.

The company earned a perfect score on the Human Rights Campaign's Corporate Equality Index and launched the Seated Adaptive Transfer Program for inclusive fitness accessibility.

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Peloton (NASDAQ: PTON) launched a new creative campaign titled 'Find your push. Find your power.' targeting new audiences, particularly millennial males. The first phase features football players T.J. and J.J. Watt showcasing their sibling rivalry across Peloton's platform. Research shows over 70% of millennial males engage with running, yet many are unaware of Peloton's Tread offerings. The campaign, produced with Special London, highlights various workout options including running, cycling, strength training, and yoga. The campaign will air in North America in both English and Spanish across multiple channels including TV, digital, and social media.

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Peloton Interactive (PTON) announced its first quarter fiscal 2025 financial results on October 31, 2024. The company has scheduled a conference call and live audio webcast at 8:30 a.m. ET to discuss the results with investors. A replay of the conference call will be available on the company's investor relations website for 30 days for those unable to attend the live event.

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Peloton (NASDAQ: PTON) has appointed Peter Stern as CEO and President, effective January 1, 2025. Stern, currently President of Ford Integrated Services and former Apple executive, brings extensive experience in scaling technology platforms and subscription services. As a Peloton member since 2016 and co-founder of Apple Fitness+, Stern combines product innovation with fitness industry knowledge. He previously managed various subscription businesses at Ford and Apple, and held executive positions at Time Warner Cable. Karen Boone will serve as sole Interim CEO through 2024, while Chris Bruzzo will step down as Interim Co-CEO on November 1, 2024.

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Peloton Interactive, Inc. (NASDAQ: PTON) and Costco (NASDAQ: COST) have announced a partnership to sell the Peloton Bike+ in 300 US Costco stores and on Costco.com during the holiday season. Starting November 1, Costco members can purchase an exclusive Bike+ bundle through February 15, 2025, or while supplies last. This marks Peloton's first seasonal retail collaboration in the United States.

The Peloton Bike+ will be self-assembly and is expected to retail for $1,999 in-store and $2,199 online (including delivery), with a 48-month extended warranty. The required All-Access Membership, priced at $44 USD/month, provides unlimited access to Peloton's content library with 16 modalities.

This partnership allows Peloton to expand its third-party retail relationships and create exposure among Costco's 136 million loyal members during the important holiday season.

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Peloton Interactive, Inc. (NASDAQ: PTON) has announced that it will release its first quarter fiscal 2025 results on Thursday, October 31, 2024, before the U.S. stock market opens. The company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. Eastern Time on the same day.

To participate in the call, interested parties can register for dial-in details through a provided link. A live webcast of the conference call will be available on the company's investor relations website. For those unable to attend, a replay will be accessible on the investor relations page for 30 days following the call.

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World of Hyatt and Peloton have announced a collaboration that allows World of Hyatt members to earn points for completing Peloton workouts at 700+ participating Hyatt hotels worldwide. Members can earn 100 Bonus Points per completed workout on up to 10 qualifying workouts of at least 20 minutes per month, with the potential to earn up to 12,000 Bonus Points per year. This initiative makes World of Hyatt the first loyalty program to reward members for Peloton workouts on property globally.

The collaboration also offers special benefits for World of Hyatt Credit Cardmembers, including 2X Bonus Points per $1 USD spent on Peloton equipment and subscriptions. Additionally, World of Hyatt members can enjoy discounts on Peloton equipment and extended free trials for the Peloton App One Membership. The partnership aims to enhance guests' wellbeing routines while traveling and provide more opportunities to earn points towards future bookings, upgrades, and experiences.

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Peloton (NASDAQ: PTON) and Truemed have announced a partnership enabling qualified US-based customers to purchase Peloton equipment using pre-tax HSA/FSA dollars. This collaboration aims to make fitness more accessible as a means to address chronic health conditions, potentially saving customers up to 40% off their purchase.

Applicable products include the Peloton Bike, Bike+, Tread, Tread+ and Row. The partnership seeks to empower individuals to prioritize their health by streamlining access to fitness products and services. Customers can select the 'Pay with HSA/FSA funds' option at checkout, complete a brief health survey, and use their HSA/FSA card or credit/debit card for payment. A licensed medical provider will review submissions and issue a Letter of Medical Necessity if eligibility is confirmed.

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FAQ

What is the current stock price of Peloton Interactive (PTON)?

Peloton Interactive (PTON) last closed at $5.12.

What is the market cap of Peloton Interactive (PTON)?

The market cap of Peloton Interactive (PTON) is approximately $2.2B.