Peloton: focus on profitability. At the end of the month, he will charge for shipping and configuration costs for his products

“We are taking significant corrective actions to improve our profitability prospects and optimize our costs across the company,” Chief Executive John Foley said in a statement. more variable cost structure … all while building a more future-focused Peloton. “

So Peloton CEO John Foley after the company’s quarterly sales exceeded $ 1 billion for the first time last year due to the COVID-19 pandemic, which encouraged the home fitness trend. At the end of the month, Peloton will begin charging shipping and setup charges for its Bike and Tread products, and this is partly due to historical inflation. The price of his Bike will thus rise to $ 1745 from $ 1495, while the least expensive treadmill will rise to $ 2,845 from $ 2,495 an hour.