News Topics
-
November 9, 2021
Peloton Introduces Peloton Guide, First Connected Strength Product
NEW YORK, Nov. 9, 2021 -- Peloton (NASDAQ: PTON) today announced its first connected strength product, Peloton Guide. The AI-enabled device easily connects to televisions, providing Members instant access to a suite of expert Instructors and the well-loved Peloton content library. Peloton Guide is Peloton's most accessibly-priced hardware product yet and will include the new Peloton...
-
November 9, 2021
Teen Driver Who Hit Cyclists While ‘Rolling Coal’ On Them Faces Felony Charges In Texas
Waller County, Texas, officials announced felony charges on Monday against a 16-year-old pickup driver accused of crashing into a group of cyclists while trying to blow exhaust on them. The collision sent four bicyclists to the hospital. HuffPost
-
November 9, 2021
New research shows adding coffee to your post-workout beverage can help you recovery more effectively
A lot of runners drink coffee before they hit the road to give them a boost of energy and improve performance, but a new study suggests that a cup of joe after your workout provides benefits as well. Research published in the journal Nutrients showed that drinking coffee after a hard workout improves muscle...
-
November 8, 2021
Fox Factory’s Cycling Segment Scores Sixth Straight Record Quarter
Fox Factory Holding Corp. said its Specialty Sports Group (SSG), its cycling component division, soared 48.1 percent in the third quarter despite continuing supply chain constraints. Officials said with the current pace of industry demand, it expects it will take eight to 10 months to meet the current customer demand...
-
November 8, 2021
Planet Fitness Brings In Highest Franchise Revenue Ever
Planet Fitness surpassed third-quarter estimates by 13.62%, reaching $154.26 million in revenue compared to $105.38 million the year prior. The national gym chain recorded a net income of $18.6 million, up from a $3.3 million loss during the same period last year. Front Office Sports
-
November 8, 2021
Asics North America Delivers Double-Digit Growth In Q3
Asics said that for a third consecutive quarter, its North America region experienced a double-digit quarterly sales increase year-over-year. Looking ahead, Asics raised its outlook for profits for the full year. Asics still expects sales in the full year of ¥395,000 million, up 20.1 percent. Operating income is now expected...
-
November 8, 2021
Brooks Continues Running at Record Pace through Q3 with Year-to-Date Revenue Up 44 Percent
Brooks’ revenue increased for an eighth consecutive quarter in Q3 2021. From January through September 2021, Brooks grew revenue 43.5 percent globally. In the U.S. adult performance running footwear category, Brooks captured 19% market share, based on revenues, and gained 2 percentage points, versus last year, according to The NPD...
-
November 5, 2021
Dorel reports its Sports division saw revenue decline 1% in Q3 ahead of sale to Pon
Dorel Industries reported sales of $304 million in its Dorel Sports division in its third fiscal quarter this year, a 0.6% decline over sales in the same period last year. For the Sports division, organic revenue (excluding the impact of exchange rates) was down 1.2% in the quarter. Operating profit...
-
November 5, 2021
Peloton freezes hiring after it slashes its forecast and shares drop 35%
Peloton halted hiring across all departments effective immediately during an all-hands meeting on Friday, CNBC has learned. The news comes a day after after Peloton slashed its full-year outlook amid slowing momentum for its fitness products. Peloton dropped 35% on Friday, wiping off more than $9 billion off its market value....
-
November 5, 2021
Fleet Feet Snaps Up JackRabbit, Sprints Ahead in Specialty Run
Fleet Feet has agreed to acquire JackRabbit from affiliates of CriticalPoint Capital. The acquisition was announced today, and Fleet Feet said via statement the transaction is expected to close in early December. The transaction, according to Fleet Feet, includes all JackRabbit brick-and-mortar locations, which spans 15 states, as well as...
Follow us on
