Peloton Announces Comprehensive Program to Reduce Costs and Drive Growth, Profitability, and Free Cash Flow

Author's Avatar
Feb 08, 2022

Realigning Business Operations, Reducing Manufacturing Footprint, and Enhancing Capital and Operational Efficiency

Expects to Deliver at Least $800 Million in Annual Run-Rate Cost Savings; Reduces Planned 2022 CapEx Spending by Approximately $150 Million

Reschedules Second Quarter Fiscal 2022 Earnings Conference Call to Today at 8:30 a.m. (Eastern Time)

PR Newswire