Peloton posts better than expected holiday sales thanks in part to Costco

1. Peloton beats holiday sales expectations, aided by Costco partnership. 2. Despite losses, adjusted EBITDA surpassed analyst forecasts significantly. 3. Forecasts indicate lower sales but improved cash flow expected. 4. Connected fitness gross margin reached double digits for the first time in years. 5. New CEO aims to enhance profitability and customer retention.