Financial

Peloton Interactive takes steps to accelerate reach; Q4 loss shrinks

By 2023-08-24T06:33:00

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Roadblocks, namely costs associated with a bike seat recall and a separate legal settlement, detracted from Peloton Interactive’s financial recovery in Q4 under CEO Barry McCarthy. But the company is continuing to implement new initiatives aimed at sales and profitability growth and attracting a wider base of younger, fitness-focused consumers ...

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