A Peloton subscriber will be its next CEO

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Ford Executive Peter Stern has also held leadership roles at Apple — where he was co-founder of Apple Fitness+ — and Time Warner Cable.

The fitness company beat expectations on revenue in Q1, but its EBITDA improvement was especially encouraging, Siegel said.

The period ended with paid connected fitness subscriptions down 2% year over year to 2.9 million and paid app subscriptions down 24% to 0.6 million.

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Article Details

Author / Journalist: Daphne Howland

Category: EconomyBusiness

Markets: United StatesGermany

Topics: Fitness Apple Peloton Period Million Retail Marketing Year Company Hardware Growth

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-31 @ 12:26:00 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23352056

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About Retail Dive

Main Topics: EconomyBusiness

Official Website: retaildive.com

Update Frequency: 6 posts per day

Year Established: 2012

Headquarters: United States

News Last Updated: 21 hours ago

Coverage Areas: United States

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Publisher ID: #56

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