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Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president.

Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.

Business - CNBC - 5 hours ago

Peloton’s stock soars 30% after company names Apple Fitness+ co-founder as new CEO

Peloton announced the appointment of Peter Stern as new CEO effective Jan. 1. Stern is the co-founder of Apple Fitness+ and has done stints at Ford Motor Co. and Time Warner Cable.

Business - MarketWatch - 5 hours ago

Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Peloton has chosen Ford executive Peter Stern to be its next CEO after Barry McCarthy stepped down earlier this year.

Business - CNBC - 6 hours ago

Peloton Interactive Names Peter Stern as CEO; Narrows 1Q Losses

Peloton Interactive appointed Peter Stern as chief executive officer following a months-long search for a new leader to continue its turnaround efforts.

Business - The Wall Street Journal - 9 hours ago

This is why David Einhorn thinks Peloton could be worth five times what it is now

David Einhorn's Greenlight Capital had a $6.8 million stake in Peloton as of June 30, and he thinks the company could be worth five times its current value.

Business - CNBC - 6 days ago

Shares of Peloton surge 11% after David Einhorn says stock is significantly undervalued

Peloton has been in the middle of a turnaround and Greenlight Capital's David Einhorn thinks the stock is significantly undervalued.

Business - CNBC - October 24

Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers

Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to ...

Peloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers

Peloton has been working to grow sales and stem its losses and has had to work harder to accomplish both of those goals as customer acquisition costs rise.

Business - CNBC - October 22

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