Shoring up P&L margins and the balance sheet regardless of near-term top line results remains top of mind at the recovering connected fitness firm, management shared at two recent investor conferences, adding some color to positive trends emerging in their fiscal Q4. Building from outsourcing manufacturing and some parts of the supply chain to third parties, the PTON’s $200 million cost savings plan announced in May is on track to finish by the end of FY ’25. About $100 million is slated to come from layoffs, which are set to finish ... Log in to view full article.