Peloton Outperforms, Plans More Micro-Stores And Pedals Back On Costs
1. Peloton recorded a $21.6 million profit this quarter, reversing previous losses. 2. Company plans to cut an additional $100 million in costs by FY26. 3. CEO Stern aims to expand micro-stores despite a 6% sales decline. 4. Tariffs may impact free cash flow by $65 million, requiring price adjustments. 5. Peloton projects sales below analyst expectations for the current quarter.