YeanPin
2021-11-05
$Peloton Interactive, Inc.(PTON)$
Holy moly...
Peloton shares sink as at-home exercise falls out of favor
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Its holiday-quarter sales forecast also missed market expectations.</p>\n<p>\"People are no longer trapped at home and competition is growing,\" BMO Capital Markets analyst Simeon Siegel said.</p>\n<p>Rising vaccinations and easing curbs have encouraged people to go back to gyms this year, hitting Peloton's growth and boosting the earnings of chains like Planet Fitness Inc(PLNT.N).</p>\n<p>The company has tried to cushion the blow by cutting the price of its popular bike by $400 and ramping up its ad spending. But its sales rose just 6.2% in the three months to Sept. 30, the slowest pace since in more than a year.</p>\n<p>Sales and marketing expenses more than doubled to account for 35.3% of total revenue in the first quarter and were expected to remain high in the crucial holiday period.</p>\n<p>Peloton has also grappled with global chip crunch, supply disruptions and rising freight costs that have piled on the expenses.</p>\n<p>That in part plunged it to a net loss of $376 million, from a profit of $69.3 million a year earlier.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Peloton shares sink as at-home exercise falls out of favor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Its holiday-quarter sales forecast also missed market expectations.\n\"People are no longer trapped at home and competition is growing,\" BMO Capital Markets analyst Simeon Siegel said.\nRising vaccinations and easing curbs have encouraged people to go back to gyms this year, hitting Peloton's growth and boosting the earnings of chains like Planet Fitness Inc(PLNT.N).\nThe company has tried to cushion the blow by cutting the price of its popular bike by $400 and ramping up its ad spending. But its sales rose just 6.2% in the three months to Sept. 30, the slowest pace since in more than a year.\nSales and marketing expenses more than doubled to account for 35.3% of total revenue in the first quarter and were expected to remain high in the crucial holiday period.\nPeloton has also grappled with global chip crunch, supply disruptions and rising freight costs that have piled on the expenses.\nThat in part plunged it to a net loss of $376 million, from a profit of $69.3 million a year earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":702,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["PTON"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":42,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/846871879"}
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