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Peloton Interactive in FREEFALL; CEO shitcanned + mass layoffs

apparently their subscription-based model is petering out as...
gay hyperventilating clown institution
  05/03/24
...
Thirsty rigor volcanic crater
  05/03/24
Stock up huge today
Navy site
  05/03/24
Wow shocking Rocketed like a bat out of hell during covid...
purple arousing internal respiration
  05/03/24
great analogy. it's crazy when something that expensive beco...
Floppy dragon becky
  05/03/24
I wonder how many returns they got.
Mind-boggling Yellow Nursing Home
  05/03/24
whirpool had something similar happen. their sales went up ...
gay hyperventilating clown institution
  05/03/24
everything being a subscription model is demonic. the only g...
Floppy dragon becky
  05/03/24
Hello fellow goyim, Would you like to pay for the Same Th...
opaque bawdyhouse circlehead
  05/03/24
To be fair my dad Nordic tracked the fuck out of the 90s. I ...
opaque bawdyhouse circlehead
  05/03/24
Lol same. When i was really little i didnt notice the stench...
Vigorous national security agency
  05/03/24
Your dad or the machine stunk?
Navy site
  05/03/24
My dad
Vigorous national security agency
  05/03/24
The marketing of that thing was insane. My parents’ ju...
purple arousing internal respiration
  05/03/24
My dad rocked that thing wearing Adidas back when their shit...
opaque bawdyhouse circlehead
  05/03/24
Keep thinking of this poast and LOLing, tyvm
High-end center pocket flask
  05/03/24
Shocking
Violet boyish affirmative action national
  05/03/24
...
diverse cheese-eating fanboi
  05/03/24
so in short, pretty much whatever they want tp
Bateful misunderstood abode
  05/03/24
...
High-end center pocket flask
  05/03/24
I am afraid sbux is next. Firing ceo is good, but doesn't me...
Insane Orchid Coldplay Fan Office
  05/03/24
Remember when their market cap was $50 billion? LMAO.
Lascivious Sickened Ratface
  05/03/24
I have a Scumbag friend who just bought a regular exercise b...
supple set turdskin
  05/03/24
you can also use the peloton app on an ipad with any station...
Dead Glassy Stage Telephone
  05/03/24
Link to titties?
indigo adventurous queen of the night
  05/03/24
https://www.instagram.com/p/C5jzkC_pVmB/
Dead Glassy Stage Telephone
  05/03/24
This is a great example of the problem with wall street P...
Beady-eyed White University
  05/03/24
yup that's the problem
startled rose faggot firefighter
  05/03/24
What great product? I actually used to bike over 100km. But ...
Insane Orchid Coldplay Fan Office
  05/03/24
"But I can't think of a reason to do stationary bike&qu...
Beady-eyed White University
  05/03/24
bro if you're a TRUE ALPHA CYCLIST like the person you're re...
Dead Glassy Stage Telephone
  05/03/24
...
haunting offensive step-uncle's house
  05/03/24
boor is a literal retarded bald midget jew
Hateful Old Irish Cottage
  05/03/24
I'm telling u sitting on a bicycle seat is not enjoyable unl...
Insane Orchid Coldplay Fan Office
  05/03/24
your 100km bike rides don't include a seat? that explains so...
Burgundy naked knife
  05/04/24
...
haunting offensive step-uncle's house
  05/03/24
...
haunting offensive step-uncle's house
  05/03/24
The biggest bullshit about Peleton is they will force firmwa...
Hateful Old Irish Cottage
  05/03/24
Power move
Dead Glassy Stage Telephone
  05/03/24
it's a pity. the product itself is really great. i do 3 hour...
Splenetic Tanning Salon
  05/03/24
Why can’t you do real manly exercises rather than rely...
puce community account blood rage
  05/03/24
I do compound weightlifting four days per week, one hour of ...
Splenetic Tanning Salon
  05/03/24
brutal
diverse cheese-eating fanboi
  05/03/24
Can you use a peloton without buying their gay shoes?
Violet boyish affirmative action national
  05/03/24
You don’t have to buy their shoes. You do need cycling...
Splenetic Tanning Salon
  05/03/24
I bought 1000 shares today
Rusted property new version
  05/03/24
who could have guessed a fitness craze would fizzle out, tha...
talented claret business firm french chef
  05/03/24
It’s easy to play Monday morning quarterback but a bik...
Splenetic Tanning Salon
  05/03/24
lolno, anybody who invested in this was a literal retard, of...
talented claret business firm french chef
  05/03/24
You’re out of your depth here
Splenetic Tanning Salon
  05/03/24
They get $44 of my dollars every month. My wife uses that sh...
Excitant sex offender really tough guy
  05/03/24
remember when there were peloton stores lmao
wonderful aqua range antidepressant drug
  05/03/24
I bought the water bottle.
Excitant sex offender really tough guy
  05/03/24
"Contrary to Peloton's founder, McCarthy redirected Pel...
drab wagecucks
  05/03/24
i subbed to the app for a while just for Kendall lol
Dead Glassy Stage Telephone
  05/03/24
If you want porn, then just buy porn LJL @ this weird softco...
drab wagecucks
  05/03/24
How is this different from just using the elliptical at your...
Green doobsian cruise ship ape
  05/03/24
You don’t have to share the machine with proles.
Excitant sex offender really tough guy
  05/03/24
I’ve always regarded going to the gym as an excuse to ...
Green doobsian cruise ship ape
  05/03/24
When I went to the gym I then stopped to eat something and a...
Excitant sex offender really tough guy
  05/03/24
(Wheezy Jew)
Green doobsian cruise ship ape
  05/03/24
ellipticals are tedious and gay
Dead Glassy Stage Telephone
  05/03/24
It really feels like you're not getting how disruptive this ...
drab wagecucks
  05/03/24
Going to a gym with proles is super prole. I have a Pelton, ...
Excitant sex offender really tough guy
  05/03/24
main issue with peloton IMHO is it's so expensive. even if y...
Dead Glassy Stage Telephone
  05/03/24
Their target market is exactly those people making 400k a ye...
Excitant sex offender really tough guy
  05/03/24
ya ya i know. btw you know you can upgrade the waterrower...
Dead Glassy Stage Telephone
  05/03/24
I don’t need the screen. The Peleton subscription is s...
Excitant sex offender really tough guy
  05/03/24
TBF they have bifurcated products for poors. If you can&rsqu...
Excitant sex offender really tough guy
  05/03/24
ya ya i know, i had it for a while
Dead Glassy Stage Telephone
  05/03/24
Actually the price is fine, it’s supposed to be a luxu...
Splenetic Tanning Salon
  05/04/24
respectfully disagree on the price (EVEN within the luxury h...
Dead Glassy Stage Telephone
  05/04/24
No better endorsement for this 86 iq Arab than one from a hi...
Splenetic Tanning Salon
  05/04/24
They have 3 freakin million customers. It’s still a wi...
Excitant sex offender really tough guy
  05/03/24
$132 million/month is a rounding error. apple makes more tha...
Dead Glassy Stage Telephone
  05/03/24
Cool story, bro. Apple is a front for the NSA spying on you ...
Excitant sex offender really tough guy
  05/03/24
They took all the PE money during Covid because they thought...
Mildly Autistic Stock Car Regret
  05/03/24
Hint: they aren’t going anywhere with a 3 million cust...
Excitant sex offender really tough guy
  05/03/24
Oh wow, a business that's losing money must be here to stay ...
drab wagecucks
  05/03/24
AOL had way more than 3 million customers at one point lol
Dead Glassy Stage Telephone
  05/04/24
Don’t they still exist?
Excitant sex offender really tough guy
  05/04/24
AOL still has 1.5 million subscribers.
Excitant sex offender really tough guy
  05/04/24
totally viable biz which ISN'T | GOING | ANYWHERE
Dead Glassy Stage Telephone
  05/04/24
lol at all the keyboard warriors laughing at PE running busi...
carnelian market nowag
  05/04/24
the scotsman cries out as he etc etc
pearl aromatic point pervert
  05/04/24
44/mo greedy pigs deserved to get butchered I remember wh...
dun toilet seat
  05/04/24


Poast new message in this thread



Reply Favorite

Date: May 3rd, 2024 5:14 PM
Author: gay hyperventilating clown institution

apparently their subscription-based model is petering out as users balk at paying $44/month for their exercise machines to spy on them:

Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt

Peloton announced Thursday that CEO Barry McCarthy will be stepping down and the company will lay off 15% of its staff because it "simply had no other way to bring its spending in line with its revenue."

McCarthy, a former Spotify and Netflix executive, will become a strategic advisor to Peloton through the end of the year while Karen Boone, the company's chairperson, and director Chris Bruzzo will serve as interim co-CEOs. Boone most recently served as the CFO of Restoration Hardware while Bruzzo was a longtime executive at Electronic Arts. Peloton is seeking a permanent CEO.

The company also announced a broad restructuring plan that will see its global headcount cut by 15%, or about 400 employees. It plans to continue to close retail showrooms and make changes to its international sales plan.

The moves are designed to realign Peloton's cost structure with the current size of its business, it said in a news release. It's expected to reduce annual run-rate expenses by more than $200 million by the end of fiscal 2025. About half of those savings are going to come from payroll reductions, while the rest will come from lower marketing spending, a reduced retail store footprint, and reduced IT and software spending, said finance chief Liz Coddington.

The departments hit the hardest from the restructuring will be Peloton's research and development, marketing and international teams, Coddington said.

"This restructuring will position Peloton for sustained, positive free cash flow, while enabling the company to continue to invest in software, hardware and content innovation, improvements to its member support experience, and optimizations to marketing efforts to scale the business," the company said.

Peloton's shares surged more than 12% in premarket trading but opened lower after the company's conference call with Wall Street analysts concluded. Shares closed about 3% lower.

Peloton board ready for its next CEO

McCarthy took the helm of Peloton in February 2022 from founder John Foley and has spent the last two years restructuring the business and working to get it back to growth.

As soon as he took over, he implemented mass layoffs to right size Peloton's cost structure, closed some of the company's splashy showrooms and enacted new strategies designed to grow membership. He overhauled Peloton's executive team, oversaw its rebrand and created new revenue drivers like the company's rental program.

The last round of cuts, affecting 500 employees, was announced in October 2022. McCarthy later said the company's restructuring was "complete" and it was instead pivoting to "growth."

"We are done now," McCarthy had said in November 2022 of the layoffs. "There are no more heads to be taken out of the business."

Contrary to Peloton's founder, McCarthy redirected Peloton's attention to its app as a means to capture members who may not be able to afford the company's pricey bikes or treadmills but could be interested in taking its digital classes.

In a letter to staff, McCarthy said the company now needed to implement layoffs again because it wouldn't be able to generate sustainable free cash flow with its current cost structure. Peloton hasn't turned a profit since December 2020 and it can only burn cash for so long when it has more than $1 billion in debt on its balance sheet.

"Achieving positive [free cash flow] makes Peloton a more attractive borrower, which is important as the company turns its attention to the necessary task of successfully refinancing its debt," McCarthy said in the memo.

In a letter to shareholders, the company said it is "mindful" of the timing of its debt maturities, which include convertible notes and a term loan. It said it is working closely with its lenders at JPMorgan and Goldman Sachs on a "refinancing strategy."

"Overall, our refinancing goals are to deleverage and extend maturities at a reasonable blended cost of capital," the company said. "We are encouraged by the support and inbound interest from our existing lenders and investors and we look forward to sharing more about this topic."

In a news release, Boone thanked McCarthy for his contributions.

"Barry joined Peloton during an incredibly challenging time for the business. During his tenure, he laid the foundation for scalable growth by steadily rearchitecting the cost structure of the business to create stability and to reach the important milestone of achieving positive free cash flow," Boone said.

"With a strong leadership team in place and the Company now on solid footing, the Board has decided that now is an appropriate time to search for the next CEO of Peloton."

During a conference call with analysts, Boone said Peloton's board is looking for a leader who can "architect and lead the next phase of growth for the company."

Disappointing earnings, lowered outlook

Also on Thursday, Peloton announced its fiscal third-quarter results and fell short of Wall Street's expectations on the top and bottom line. Here's how the connected fitness company did compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

•Loss per share: 45 cents vs. a loss of 37 cents expected

•Revenue: $718 million vs. $723 million expected

The company's reported net loss for the three-month period that ended March 31 was $167.3 million, or 45 cents per share, compared with a loss of $275.9 million, or 79 cents per share, a year earlier.

Sales dropped to $718 million, down about 4% from $748.9 million a year earlier.

Peloton has tried a little bit of everything to get the company back to sales growth. It removed the free membership option from its fitness app, expanded its corporate wellness offerings and partnered with mega-brands like Lululemon to grow membership, but none of the initiatives have been enough to grow sales.

For the ninth quarter in a row, Peloton's revenue fell during its fiscal third quarter, when compared with the year-ago period. It hasn't seen sales grow compared with the year ago quarter since December 2021, when the company's stationary bikes were still in high demand and many hadn't yet returned to gyms amid the Covid-19 pandemic.

The business is continuing to bleed money and hasn't turned a net profit since December 2020.

For its current fiscal year, Peloton lowered its outlook for paid connected fitness subscriptions, app subscriptions and revenue. It reduced its connected fitness subscription outlook by 30,000 members, or 1%, to 2.97 million as it looks toward its current quarter, which is typically its toughest because people tend to work out less in the spring and summer months.

"Our Paid Connected Fitness Subscription guidance reflects an updated outlook for hardware sales based on current demand trends and expectations for seasonally lower demand," the company said.

Peloton now expects app subscriptions to drop by 150,000, or 19%, to 605,000.

"We are maintaining our disciplined approach to App media spend as we evaluate our App tiers, pricing, and refine the Paid App subscription acquisition funnel," the company said.

As a result of expected downturns in its subscription sales, Peloton now projects full-year revenue to come in at $2.69 billion, a reduction of about $25 million, or 1%. That's below expectations of $2.71 billion, according to LSEG.

However, the company raised its full-year outlook for gross margin and adjusted EBITDA. It now expects total gross margin to grow by 50 basis points, to 44.5%, and adjusted EBITDA to grow by $37 million, to negative $13 million.

"This increase is largely driven by outperformance from Q3, combined with lower media spend and cost reductions from today's announced restructuring plan," the company said.

The quest to reach positive free cash flow

Last February, McCarthy set a goal of returning Peloton to revenue growth within a year. When it failed to reach that milestone, McCarthy pushed it back and said he now expects the company to be back to growth in June, at the end of the current fiscal year.

McCarthy had also expected Peloton to reach positive free cash flow by June — a goal the company said it reached early during its third quarter. It's the first time Peloton has hit that mark in 13 quarters. In a letter to shareholders, Peloton said it generated $8.6 million in free cash flow but it's unclear how sustainable that number is.

Last month, CNBC reported that Peloton hadn't been paying its vendors on time, which could temporarily pad its balance sheet. Data from business intelligence firm Creditsafe showed that Peloton's late payments to vendors spiked in December and again in February after improving in January.

The company didn't provide specific guidance on what investors can expect with free cash flow in the quarters ahead but said it does expect to "deliver modest positive free cash flow" in its current quarter and in fiscal 2025.

"While we firmly intend to return the business to growth, with today's announced cost reductions, we're lowering our cost base and we see a path to positive free cash flow without requiring a significant improvement in growth to get there," Coddington said on the conference call. "I also want to clarify that we have carefully reviewed these cost measures to make sure that we do still have the capability to invest in innovation so that the business can grow profitably."

Part of the reason why Peloton had failed to reach positive free cash flow is because it's simply not selling enough of its hardware, which is costly to make and has become less popular since the Covid-19 pandemic ended and people returned to gyms.

"Looking at the numbers in more detail, the biggest problem lies in the part of the business where Peloton first made its name: exercise equipment. Revenue for connected fitness products plummeted by 13.6% over last year in a sign that consumers are still cooling on equipment that, while aesthetically and technically pleasing, is very expensive," GlobalData managing director Neil Saunders said in a note.

"A lot of people who want Peloton equipment already have it and are not likely to upgrade anytime soon; the balance of the market is either not interested or needs a lot of persuasion to buy into Peloton."

https://www.cnbc.com/2024/05/02/peloton-ceo-barry-mccarthy-steps-down-15percent-of-staff-laid-off.html

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632634)



Reply Favorite

Date: May 3rd, 2024 5:18 PM
Author: Thirsty rigor volcanic crater



(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632644)



Reply Favorite

Date: May 3rd, 2024 5:28 PM
Author: Navy site

Stock up huge today

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632668)



Reply Favorite

Date: May 3rd, 2024 5:29 PM
Author: purple arousing internal respiration

Wow shocking

Rocketed like a bat out of hell during covid and now back to earth. It’s simply this generation’s Nordictrack that our parents spent $3k on in 1992 for it to sit there in the master bedroom as a clothes drying rack.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632671)



Reply Favorite

Date: May 3rd, 2024 5:46 PM
Author: Floppy dragon becky

great analogy. it's crazy when something that expensive becomes a fad. it's one thing when everyone is gushing over and instapot or air fryer. but seeing everyone post their peleton shit and then stop after a month or so was really funny.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632724)



Reply Favorite

Date: May 3rd, 2024 5:48 PM
Author: Mind-boggling Yellow Nursing Home

I wonder how many returns they got.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632728)



Reply Favorite

Date: May 3rd, 2024 5:50 PM
Author: gay hyperventilating clown institution

whirpool had something similar happen. their sales went up during the flu era. they bought a 'recipe app' company for a large amount of money and tried to introduce a subscription model on their appliances using that company as the inducement/bait. but it failed to generate revenue, so they shitcanned the entire division a few weeks ago.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632734)



Reply Favorite

Date: May 3rd, 2024 5:55 PM
Author: Floppy dragon becky

everything being a subscription model is demonic. the only good thing is watching gc tech faggots sell a loss leader product hoping to make it up in subscriptions go bankrupt.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632743)



Reply Favorite

Date: May 3rd, 2024 6:07 PM
Author: opaque bawdyhouse circlehead

Hello fellow goyim,

Would you like to pay for the Same Thing in perpetuity? Instead of buying it once you can keep paying for it indefinitely!

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632775)



Reply Favorite

Date: May 3rd, 2024 6:08 PM
Author: opaque bawdyhouse circlehead

To be fair my dad Nordic tracked the fuck out of the 90s. I will never forget the smell and sound of that thing.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632778)



Reply Favorite

Date: May 3rd, 2024 7:14 PM
Author: Vigorous national security agency

Lol same. When i was really little i didnt notice the stench. Then one day i did and wanted to puke whenever my dad exercised

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632995)



Reply Favorite

Date: May 3rd, 2024 7:17 PM
Author: Navy site

Your dad or the machine stunk?

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633003)



Reply Favorite

Date: May 3rd, 2024 7:42 PM
Author: Vigorous national security agency

My dad

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633062)



Reply Favorite

Date: May 3rd, 2024 8:16 PM
Author: purple arousing internal respiration

The marketing of that thing was insane. My parents’ just sat there for probably 10 years if not longer - may have been used 5x total.

Tbf my dad has a treadmill now that he walks on. (Needs to boom in front of a screen rather than going outside in their idyllic UMC suburb.)

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633129)



Reply Favorite

Date: May 3rd, 2024 8:25 PM
Author: opaque bawdyhouse circlehead

My dad rocked that thing wearing Adidas back when their shit was $10 and no one thought it was cool

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633135)



Reply Favorite

Date: May 3rd, 2024 9:16 PM
Author: High-end center pocket flask

Keep thinking of this poast and LOLing, tyvm

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633298)



Reply Favorite

Date: May 3rd, 2024 5:31 PM
Author: Violet boyish affirmative action national

Shocking

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632681)



Reply Favorite

Date: May 3rd, 2024 6:00 PM
Author: diverse cheese-eating fanboi



(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632757)



Reply Favorite

Date: May 3rd, 2024 5:43 PM
Author: Bateful misunderstood abode

so in short, pretty much whatever they want tp

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632713)



Reply Favorite

Date: May 3rd, 2024 7:09 PM
Author: High-end center pocket flask



(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632980)



Reply Favorite

Date: May 3rd, 2024 5:55 PM
Author: Insane Orchid Coldplay Fan Office

I am afraid sbux is next. Firing ceo is good, but doesn't mean the problem will be solved, once u have to fire ceo the coffers are empty.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632744)



Reply Favorite

Date: May 3rd, 2024 5:58 PM
Author: Lascivious Sickened Ratface

Remember when their market cap was $50 billion? LMAO.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632752)



Reply Favorite

Date: May 3rd, 2024 6:03 PM
Author: supple set turdskin

I have a Scumbag friend who just bought a regular exercise bike, mounted an iPad on it, and downloaded free trainer videos. Seems like you could just do that and save like 90% of whatever Peloton charges.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632767)



Reply Favorite

Date: May 3rd, 2024 6:05 PM
Author: Dead Glassy Stage Telephone

you can also use the peloton app on an ipad with any stationary bike for a fraction of the price if you just wanna see Kendall's classy titties in your face every once in a while whilst pedaling away

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632771)



Reply Favorite

Date: May 3rd, 2024 8:10 PM
Author: indigo adventurous queen of the night

Link to titties?

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633119)



Reply Favorite

Date: May 3rd, 2024 10:13 PM
Author: Dead Glassy Stage Telephone

https://www.instagram.com/p/C5jzkC_pVmB/



(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633531)



Reply Favorite

Date: May 3rd, 2024 6:21 PM
Author: Beady-eyed White University

This is a great example of the problem with wall street

Peloton has a great product and a great business. For way less than the price of a gym membership, younger high quality on demand exercise classes - and they have great equipment.

But like...there are only so many yuppies in America. The insta pot is a great comp - people don't need 2 imstapots.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632832)



Reply Favorite

Date: May 3rd, 2024 6:26 PM
Author: startled rose faggot firefighter

yup that's the problem

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632846)



Reply Favorite

Date: May 3rd, 2024 6:33 PM
Author: Insane Orchid Coldplay Fan Office

What great product? I actually used to bike over 100km. But I can't think of a reason to do stationary bike unless you're a faggot and just want something up your butt. Is that "Pelopoton program" some guy in a macho gay voice telling u "push harder inhale exhale"?

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632868)



Reply Favorite

Date: May 3rd, 2024 6:39 PM
Author: Beady-eyed White University

"But I can't think of a reason to do stationary bike"

So you lack the imagination of people having kids, winters, or not having access to 100 km of bike paths?

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632892)



Reply Favorite

Date: May 3rd, 2024 6:41 PM
Author: Dead Glassy Stage Telephone

bro if you're a TRUE ALPHA CYCLIST like the person you're responding to, you make your own bike paths regardless of location/weather/etc!

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632896)



Reply Favorite

Date: May 3rd, 2024 10:15 PM
Author: haunting offensive step-uncle's house



(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633535)



Reply Favorite

Date: May 3rd, 2024 6:45 PM
Author: Hateful Old Irish Cottage

boor is a literal retarded bald midget jew

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632905)



Reply Favorite

Date: May 3rd, 2024 8:05 PM
Author: Insane Orchid Coldplay Fan Office

I'm telling u sitting on a bicycle seat is not enjoyable unless u like a cock up our ass. First thing that comes to me when peloton is this attending jew 60yo closet fag that used come in a motorcycle jacket but didn't actually drive a motorcycle. Same with his Peloton but didn't know any cycling pistes in the area. Basically a giant faggot.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633110)



Reply Favorite

Date: May 4th, 2024 8:53 AM
Author: Burgundy naked knife

your 100km bike rides don't include a seat? that explains so much

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47634071)



Reply Favorite

Date: May 3rd, 2024 10:15 PM
Author: haunting offensive step-uncle's house



(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633534)



Reply Favorite

Date: May 3rd, 2024 10:15 PM
Author: haunting offensive step-uncle's house



(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633533)



Reply Favorite

Date: May 3rd, 2024 6:44 PM
Author: Hateful Old Irish Cottage

The biggest bullshit about Peleton is they will force firmware updates on their users that brick or fuck up their customers machines.

Around November of last year, they issued a massive firmware update onto all their devices that nobody asked for. This caused a ton of the actual computer/iPad screens to be totally fucked and Peleton just told people they had to buy a new computer screen, which they charged customers $1000 for.

Some customers bought a USB C mouse to plug into it so they could navigate it once the entire touchpad screen shit the bed.

I pulled a DBG and ordered an entirely new screen, but the old defective back in the box, and returned it for full credit claiming the new one didn't work.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632902)



Reply Favorite

Date: May 3rd, 2024 8:09 PM
Author: Dead Glassy Stage Telephone

Power move

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633118)



Reply Favorite

Date: May 3rd, 2024 7:04 PM
Author: Splenetic Tanning Salon

it's a pity. the product itself is really great. i do 3 hours per week on it. it's indispensable to my workout routine and the best and most effective way for me to get cardio.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47632962)



Reply Favorite

Date: May 3rd, 2024 8:01 PM
Author: puce community account blood rage

Why can’t you do real manly exercises rather than relying on a force memed fad designed for gullible women

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633099)



Reply Favorite

Date: May 3rd, 2024 8:07 PM
Author: Splenetic Tanning Salon

I do compound weightlifting four days per week, one hour of Peloton three days per week, 45 minutes of rowing once a week and I'll play a full 18 most Sundays. No offense, but I'm probably in better shape than you.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633115)



Reply Favorite

Date: May 3rd, 2024 8:10 PM
Author: diverse cheese-eating fanboi

brutal

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633121)



Reply Favorite

Date: May 3rd, 2024 8:04 PM
Author: Violet boyish affirmative action national

Can you use a peloton without buying their gay shoes?

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633108)



Reply Favorite

Date: May 3rd, 2024 9:25 PM
Author: Splenetic Tanning Salon

You don’t have to buy their shoes. You do need cycling shoes. The cleats used are standard type.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633342)



Reply Favorite

Date: May 3rd, 2024 9:20 PM
Author: Rusted property new version

I bought 1000 shares today

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633316)



Reply Favorite

Date: May 3rd, 2024 9:20 PM
Author: talented claret business firm french chef

who could have guessed a fitness craze would fizzle out, that never happens, billy blanks is still famous right?

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633318)



Reply Favorite

Date: May 3rd, 2024 9:28 PM
Author: Splenetic Tanning Salon

It’s easy to play Monday morning quarterback but a bike with live on-demand classes (including those unrelated to cycling) was definitely an evolution at the time (and took off at the best possible time), the company’s problems are more operational than related to the product itself. They spent way too much on R&D and the wrong types of marketing and the founder was a fraud.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633379)



Reply Favorite

Date: May 3rd, 2024 9:34 PM
Author: talented claret business firm french chef

lolno, anybody who invested in this was a literal retard, of course you were only ever going to sell x number of bikes and by the time you heard the stock was any good those had largely been sold and as with literally every other piece of exercise equipment ever, it was bound for disuse

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633419)



Reply Favorite

Date: May 3rd, 2024 9:37 PM
Author: Splenetic Tanning Salon

You’re out of your depth here

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633436)



Reply Favorite

Date: May 3rd, 2024 9:25 PM
Author: Excitant sex offender really tough guy

They get $44 of my dollars every month. My wife uses that shit daily.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633344)



Reply Favorite

Date: May 3rd, 2024 9:27 PM
Author: wonderful aqua range antidepressant drug

remember when there were peloton stores lmao

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633359)



Reply Favorite

Date: May 3rd, 2024 9:33 PM
Author: Excitant sex offender really tough guy

I bought the water bottle.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633404)



Reply Favorite

Date: May 3rd, 2024 9:34 PM
Author: drab wagecucks

"Contrary to Peloton's founder, McCarthy redirected Peloton's attention to its app as a means to capture members who may not be able to afford the company's pricey bikes or treadmills but could be interested in taking its digital classes."

lmao, yeah, I'm sure people who can't afford your product are super interested in having another $ubscription. There's a ton of content creators giving pretty good classes and routines away for free on YouTube. For people who are really hardcore, Beachbody has a huge, good back catalog. There's no plausible customer FOR YOUR FUCKING APP.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633418)



Reply Favorite

Date: May 3rd, 2024 11:04 PM
Author: Dead Glassy Stage Telephone

i subbed to the app for a while just for Kendall lol

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633627)



Reply Favorite

Date: May 3rd, 2024 11:49 PM
Author: drab wagecucks

If you want porn, then just buy porn LJL @ this weird softcore shit

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633714)



Reply Favorite

Date: May 3rd, 2024 11:13 PM
Author: Green doobsian cruise ship ape

How is this different from just using the elliptical at your local gym for $30 a month

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633650)



Reply Favorite

Date: May 3rd, 2024 11:25 PM
Author: Excitant sex offender really tough guy

You don’t have to share the machine with proles.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633673)



Reply Favorite

Date: May 3rd, 2024 11:43 PM
Author: Green doobsian cruise ship ape

I’ve always regarded going to the gym as an excuse to get out of the house and feel like you’re “doing something”. I guess the truly elite never leave their House and just interact with digital prompts all day.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633706)



Reply Favorite

Date: May 3rd, 2024 11:50 PM
Author: Excitant sex offender really tough guy

When I went to the gym I then stopped to eat something and always undid any progress with some trash restaurant food. Fuck that. Also I have literally not had an upper respiratory infection in like two years thanks to work from home and home gym. Fuck that shit. I used to get sick every 4 months like clockwork.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633715)



Reply Favorite

Date: May 3rd, 2024 11:54 PM
Author: Green doobsian cruise ship ape

(Wheezy Jew)

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633720)



Reply Favorite

Date: May 3rd, 2024 11:25 PM
Author: Dead Glassy Stage Telephone

ellipticals are tedious and gay

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633675)



Reply Favorite

Date: May 3rd, 2024 11:31 PM
Author: drab wagecucks

It really feels like you're not getting how disruptive this is

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633685)



Reply Favorite

Date: May 3rd, 2024 11:38 PM
Author: Excitant sex offender really tough guy

Going to a gym with proles is super prole. I have a Pelton, a water rower and $7k of fancy weight machines in my house and an off brand treadmill. Home gym for the win.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633696)



Reply Favorite

Date: May 3rd, 2024 11:31 PM
Author: Dead Glassy Stage Telephone

main issue with peloton IMHO is it's so expensive. even if you're a SUBSCRIPTIONPIG into SMART/app-enabled shit, for about the price of one Pelton "bike+" you can get a smart rower (Ergatta lite), app-enabled starter weight set (Tempo Move), and punching bag with app-enabled smart trackers (FightCamp). does Peloton's stationary bike provide a better value than a weight set, rowing machine, and punching bag, all with APP? Seems fucking dubious. Of course, if you're making 400,000K, do whatever I guess, but otherwise it's just not a good value.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633683)



Reply Favorite

Date: May 3rd, 2024 11:36 PM
Author: Excitant sex offender really tough guy

Their target market is exactly those people making 400k a year and more. I have a $5k espresso machine to go with my $1k exercise bike. I’m so rich I honestly don’t even remember what I paid for the freakin thing. I also have the water rower from House of Cards. I bought the thing before anything came with apps and a screen.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633693)



Reply Favorite

Date: May 3rd, 2024 11:40 PM
Author: Dead Glassy Stage Telephone

ya ya i know.

btw you know you can upgrade the waterrower to an ergatta right? https://ergatta.com/products/upgrade-package

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633700)



Reply Favorite

Date: May 3rd, 2024 11:47 PM
Author: Excitant sex offender really tough guy

I don’t need the screen. The Peleton subscription is strictly for the wife. I use the rower but all I need is some ear buds playing a Warhammer audiobook to get me to row to victory for the emperor. I do it for the Master of All Mankind.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633712)



Reply Favorite

Date: May 3rd, 2024 11:39 PM
Author: Excitant sex offender really tough guy

TBF they have bifurcated products for poors. If you can’t afford $44 a month for the real Peloton bike with screen you can get the iPad membership for your gay ghetto bike and pay like half that.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633699)



Reply Favorite

Date: May 3rd, 2024 11:41 PM
Author: Dead Glassy Stage Telephone

ya ya i know, i had it for a while

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633704)



Reply Favorite

Date: May 4th, 2024 12:10 AM
Author: Splenetic Tanning Salon

Actually the price is fine, it’s supposed to be a luxury item. R&D isn’t cheap.

The problem is they didn’t adequately anticipate that after Covid people would return back to the gym. Instead of spending all of those marketing dollars on retail stores that are basically redundant with online sales in this day and age, what they should have done is created a franchise model similar to SoulCycle or Row House to encourage people to go and take classes in person with an actual instructor while remaining within the Peloton ecosystem. That would’ve driven subscribers by bringing in new and existing members and a bike at home would be seen as aspirational. It would also be a source of revenues for Peloton.

Alas, classic dipshit boomer mismanagement led to the current situation.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633746)



Reply Favorite

Date: May 4th, 2024 12:16 AM
Author: Dead Glassy Stage Telephone

respectfully disagree on the price (EVEN within the luxury home gym equipment tier it's absurdly marked up - like buying a RAM upgrade from Apple. worst is the Peloton Row) but crrrrr biz analysis on a cycle studio franchise being a much better build-out than retail stores. their target market of shrews and gays loves going into tiny studio gyms in the retail spaces underneath overpriced luxury apartments and getting their fitness on. crazy that a lunatic anti-semite poaster can do biz strategy better than the actual Peloton CEO

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633752)



Reply Favorite

Date: May 4th, 2024 12:29 AM
Author: Splenetic Tanning Salon

No better endorsement for this 86 iq Arab than one from a high iq ashkenazi, thank you kike.

Yeah the price is a little high but that matters for signaling. A big fuck up was bringing shipping and logistics in house, they 1) not only couldn’t keep up with demand during Covid and delayed or fucked up shipping bigly (not a great look considering their prices), they 2) could’ve saved millions and billions by outsourcing that shit to a 3pl company that specializes in that shit. Even a $200 decrease in price would’ve been 180 at that time. They did eventually do some version of this but classic too little too late boomer mismanagement

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633770)



Reply Favorite

Date: May 3rd, 2024 11:33 PM
Author: Excitant sex offender really tough guy

They have 3 freakin million customers. It’s still a wildly insanely successful business. 3 million suckers pay them $44 a month.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633689)



Reply Favorite

Date: May 3rd, 2024 11:39 PM
Author: Dead Glassy Stage Telephone

$132 million/month is a rounding error. apple makes more than that just in fart app commissions

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633697)



Reply Favorite

Date: May 3rd, 2024 11:41 PM
Author: Excitant sex offender really tough guy

Cool story, bro. Apple is a front for the NSA spying on you in a sexy way. Peleton is there to give your wife a slightly sexier ass.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633703)



Reply Favorite

Date: May 3rd, 2024 11:54 PM
Author: Mildly Autistic Stock Car Regret

They took all the PE money during Covid because they thought they could continue that growth model forever lol

Instead they are just one of a billion good companies turned to ABSOLUTE SHIT by taking PE money and going public. They could have stayed profitable and thriving if they stayed private and only did spin classes with a small staff in NYC.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633719)



Reply Favorite

Date: May 3rd, 2024 11:55 PM
Author: Excitant sex offender really tough guy

Hint: they aren’t going anywhere with a 3 million customer base and the PE fools got robbed.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633721)



Reply Favorite

Date: May 3rd, 2024 11:56 PM
Author: drab wagecucks

Oh wow, a business that's losing money must be here to stay so long as there's THREE MILLION CUSTOMERS

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633723)



Reply Favorite

Date: May 4th, 2024 12:06 AM
Author: Dead Glassy Stage Telephone

AOL had way more than 3 million customers at one point lol

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47633737)



Reply Favorite

Date: May 4th, 2024 8:19 AM
Author: Excitant sex offender really tough guy

Don’t they still exist?

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47634023)



Reply Favorite

Date: May 4th, 2024 1:27 PM
Author: Excitant sex offender really tough guy

AOL still has 1.5 million subscribers.

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47634811)



Reply Favorite

Date: May 4th, 2024 3:24 PM
Author: Dead Glassy Stage Telephone

totally viable biz which ISN'T | GOING | ANYWHERE

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47635026)



Reply Favorite

Date: May 4th, 2024 9:43 AM
Author: carnelian market nowag

lol at all the keyboard warriors laughing at PE running businesses into the ground. businesses fail all the time - it's a war out there. overall track record is still awfully good

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47634166)



Reply Favorite

Date: May 4th, 2024 9:59 AM
Author: pearl aromatic point pervert

the scotsman cries out as he etc etc

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47634206)



Reply Favorite

Date: May 4th, 2024 4:35 PM
Author: dun toilet seat

44/mo greedy pigs deserved to get butchered

I remember when coke was 5 cents back in the day

(http://www.autoadmit.com/thread.php?thread_id=5524776&forum_id=2#47635156)