Peloton Q3 Earnings Preview: 1 Key Metric You'll Want to Know
A leader in the exercise equipment market, Peloton Interactive (NASDAQ: PTON) has seen its sales grow by at least 100% a year for six consecutive years. That rate was only helped this past year by the pandemic-led temporary closures of gyms around the country. As a result, demand for Peloton products and subscriptions to its live and recorded workout classes from professional trainers surged. As vaccinations have ramped up and more people again venture out socially, questions about continued demand for Peloton products and services arise.
