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The Latest Breaking News from Barry McCarthy

Peloton Reveals Big Plans to Relaunch This Key Product

The fitness company's CEO isn't bothered about lagging hardware margins.

The Street

Peloton CEO teases an 'epic comeback' for the pandemic stock darling

The company’s chief executive insisted the business was no longer “on the brink of extinction” as its second-quarter earnings were published.

Fortune

Peloton Stock Races Higher As Subscription Sales, Improving Free Cash Flow Offset Q2 Loss

"If you’ve been wondering whether or not Peloton can make an epic comeback, this quarter's results show the changes we’re making are working," said CEO Barry McCarthy

The Street

From analysis to the latest developments in health,
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Peloton Has a New Hope In Its Turnaround Battle

Peloton is looking to right its ship, so it's turning to a Twitter exec who left during the Elon Musk takeover for the task.

The Street

Ireland lose as Aaron Finch inspired Australia boost World Cup semi-final hopes

It was a bad day for the Irish cricketers.

Irish Mirror

Australia secure win over Ireland in T20 World Cup – but still have work to do

Hosts fail to improve their run rate by enough in 42-run victory as Lorcan Tucker frustrates Aaron Finch’s men with unbeaten 71

The Guardian - AU

Finch hits form with 63 as Australia make 179-5 against Ireland

Brisbane (Australia) (AFP) - Aaron Finch stormed back to form with 63 as Australia made 179-5 against Ireland in their crucial Twenty20 World Cup Group 1 match at the Gabba in Brisbane on Monday.

AFP

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T20 World Cup: Rain Plays Spoilsport, Ireland Defeat England By 5 Runs As Per DLS Method

Rain played spoilsport in England's already shaky chase, helping Ireland defeat the former champions by five runs as per Duckworth-Lewis-Stern (DLS) method in the Group 1, Super 12 match of the ICC T20 World Cup at Melbourne Cricket Ground (MCG) on Wednesday. Read on for details:

Dynamite News

Ireland beat Scotland to reignite their T20 World Cup campaign

Ireland were well on their way to a second-straight defeat in the tournament as they slipped to 61 for four in pursuit of 177, but their fifth-wicket pair produced a masterclass to turn the tables

Irish Mirror

Curtis Campher and George Dockrell carry Ireland to World Cup win over Scotland

They put on an unbroken 116 in just 57 balls, Campher with a swaggering 72 not out off 32 and Dockrell making an unbeaten 39

The Independent UK

Peloton Lower; the Chart Hints at How Far It Could Fall

Peloton stock is off after the connected-fitness company's earnings report. Here the level it needs to hold as support.

The Street

Peloton Stock Slumps On Wider Q4 Loss, McCarthy Bets On Turnaround

"Q4 will be the high water mark for write-offs and restructuring charges related to inventory and supply chain issues and the beginning of the comeback story for Peloton." said CEO Barry McCarthy.

The Street

Peloton Stock Surges On Deal to Sell Bike, Accessories Through Amazon

"Expanding our distribution channels through Amazon is a natural extension of our business and an organic way to increase access to our brand," said Peloton CCO Kevin Cornils.

The Street

Spend $3,000 For Privilege To Build Your Own Peloton: Latest Efforts To Reinvigorate The Fitness Brand

Interactive fitness company Peloton Interactive (NASDAQ: PTON) has been undergoing a transformation in 2022 that includes a new CEO, cost cuts and employee layoffs. A new plan might include seeing customers assemble products themselves.

Benzinga

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The Independent UK

Peloton cuts jobs, raises prices in bid for profitability

Peloton is laying off almost 800 employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash

Axios

Peloton's stock spikes on reports of new layoffs

Investors cheered new efforts in Peloton's turnaround strategy.

The Street

Peloton to stop in-house bike manufacturing, stock jumps

CEO Barry McCarthy said the move to exit in-house manufacturing will simplify its supply chain while allowing Peloton to focus on content and technology.

Benzinga

Analysts Cut Peloton Price Targets But Remain Impressed With Potential Growth

Connected fitness company Peloton Interactive Inc (NASDAQ: PTON) reported quarterly earnings Tuesday morning. The company missed revenue and earnings per share estimates and shares sold off.

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news in one place.

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The Guardian - UK

Peloton shares plunge 20% as losses widen and sales guidance cut

Exercise bike maker misses targets, with boss describing turnaround effort as ‘emotionally draining’

The Independent UK

Peloton headwinds stiffen as people break pandemic routines

Peloton’s uphill struggle to generate sales as more people break from health routines forced during the pandemic continued in the third quarter and the company’s revenue outlook has shares tumbling more than 20% before the opening bell

The Street

Peloton Stock Plummets After Wider Q3 Loss, Weak Sales Outlook As Turnaround Stumbles

"Turnarounds are hard work. It’s intellectually challenging, emotionally draining, physically exhausting, and all consuming. It’s a full-contact sport," said new CEO Barry McCarthy

The Street

Struggling Fitness Company is Trying to Get Back on the Road With New CEO

A fallen pandemic favorite's new CEO tells Jim Cramer connected fitness has similarities with Spotify and Netflix.

Benzinga

Peloton To Roll Out New Pricing Model: What You Need To Know

Peloton Interactive Inc (NASDAQ: PTON) CEO Barry McCarthy took over as chief executive officer last month and immediately went to work following months of downward price a

Benzinga

Jim Cramer Turns Positive On Peloton Following Interview With New CEO

Peloton Interactive Inc (NASDAQ: PTON) CEO Barry McCarthy was featured in an interview with Jim Cramer on CNBC's "Mad Money" Wednesday night. Following the interview, Cramer turned more positive on the stock.

The Street

Cramer's Mad Money Recap 2/23: Goldman Sachs, Peloton

Jim Cramer says investors are worried about the crisis in Ukraine and the struggles against inflation here at home. They should expect more market uncertainty.

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