Peloton Interactive (NASDAQ: PTON) was featured in a recent analysis report discussing the high expectations of investors ahead of its report of financial results for its fourth quarter and full-year fiscal 2020 (https://nnw.fm/rjfbs). The report, written by LikeFolio Founder Andy Swan, reads, “Peloton’s growth story is incredible. Shares have gained more than 210% year-to-date as consumers flocked to the already popular product and service suite during quarantine. Last quarter, PTON increased revenue 66% YoY, increased paid subscribers 64% YoY, and reported extremely low churn (the 12 month retention rate for connected fitness subscribers was 93%). LikeFolio recorded acceleration of consumer demand into 20Q4: +620% YoY. It seems everything we track seems to be falling in Peloton’s favor. The bar is extremely high heading into earnings.”
Peloton is the largest interactive fitness platform in the world with a loyal community of more than 3 million members. The company pioneered connected, technology-enabled fitness, and the streaming of immersive, instructor-led boutique classes for its members anytime, anywhere. Peloton makes fitness entertaining, approachable, effective, and convenient, while fostering social connections that encourage its members to be the best versions of themselves. An innovator at the nexus of fitness, technology, and media, Peloton has reinvented the fitness industry by developing a first-of-its-kind subscription platform that seamlessly combines the best equipment, proprietary networked software, and world-class streaming digital fitness and wellness content, creating a product that its members love. The brand’s immersive content is accessible through the Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Tread+, and Peloton App, which allows access to a full slate of fitness classes across disciplines, on any iOS or Android device, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Founded in 2012 and headquartered in New York City, Peloton has a growing number of retail showrooms across the US, UK, Canada and Germany. For more information, visit www.OnePeloton.com.
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