August 24, 2022 Peloton Seeks Shareholder Suit Dismissal, Launches on Amazon
PTON asked an SDNY federal court judge to dismiss the action brought by the City of Hialeah Employees Retirement Fund that accuses it of misleading investors, arguing that it provided appropriate guidance both when sales were rapidly growing and when they were declining. Report: Fitness Equipment Sales Will Normalize This Year
At-home fitness equipment sales continued to win big over pre-pandemic levels through 2021 while commercial sales rebounded from the worst of lockdown impacts, according to the 2022 edition of SFIA’s Tracking the Fitness Movement Report. Callaway Renames as Topgolf Callaway Brands
The venerable golf company has diversified away from its core equipment focus by acquiring apparel brands including TravisMathew and Jack Wolfskin, and most recently golf entertainment venue operator Topgolf. Firearms Trade Was Sluggish in May
Handgun imports contracted 14% in May to 404,387 units, according to ITC data compiled by the NSSF, including a 15% drop in pistol imports to 375,800 units and a 9% decrease in revolvers to 28,587 units. National Park Visits Dip in July
National Park recreational visits declined by 2% to 40,159,596 from 41,176,150 in July, an important month where many parks typically see their most traffic of the year. Etcetera: Decathlon, Club Champion, Peak Ski Company
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