Report: Peloton Pulls Back Apparel Forecast
The connected fitness company cut its expectations for apparel sales this year to about $150 million, from its earlier projection of over $200 million, according to an internal presentation acquired by CNBC. The segment’s revenues were $41 million in the fiscal year ended June 30, 2020, and grew to $107 million in FY21. The presentation ... Log in to view full article.
