BUSINESS NEWS
Want to stay up to date on the latest press releases and business news in the running, cycling and triathlon industries? Scroll below to view all endurance sports business news.
November 17, 2021
BibRave Names Julia Montag VP of Strategic Accounts
Portland, OR /ENDURANCE SPORTSWIRE/ - BibRave, the leading-edge endurance and fitness marketing agency, recently promoted Julia Montag from Director of Strategic Accounts to VP of Strategic Accounts. Montag first joined Team BibRave in 2014 as a volunteer when the organization was still a start-up. Julia’s unparalleled level of client service...
November 17, 2021
United Endurance Sports Coaching Academy (UESCA) Partners with InsideTracker to Bring Blood Biometric, DNA, Fitness Tracker Insights to 1,200 UESCA Certified Coaches
HIGHLANDS RANCH, Colo. November 17, 2021 /ENDURANCE SPORTSWIRE/ - United Endurance Sports Coaching Academy (UESCA), the leader in science-based endurance sports education, today announced a partnership with InsideTracker, the leading truly personalized performance and nutrition system, which will enable its 1,200 certified running, ultrarunning and triathlon coaches to further amplify...
November 16, 2021
On Shares Soar After the Running Brand Posts Strong First Quarterly Earnings
On, the fast-growing Swiss running brand, just reported quarterly results for the first time as a public company. In the third quarter, On reported a net sales growth of 68% to 218.0 million Swiss francs, or about $234 million, and a net income of 13 million Swiss francs, or about $14...
November 16, 2021
Peloton Soars After Stock Offering Attracts Major Investors
Peloton Interactive Inc. jumped as much as 15% after a $1 billion stock offering drew the interest of major investors, a sign Wall Street is ready to look past a grim forecast earlier this month. The shares rose as high as $54.45, marking the biggest intraday gain since March. The...
November 16, 2021
Inside The Call: Beachbody’s Q3 Misses Plan On Weakening At-Home Fitness Demand
The Beachbody Company, which recently went public in an IPO, reported sales dropped 17 percent in the third quarter in part because new subscribers to its fitness content weakened amid a softening in at-home fitness demand. Looking ahead, Beachbody lowered its expectations for sales for 2021 to a range between...
November 16, 2021
On Reports Third Quarter 2021 Financial Results
ZURICH---On Holding AG (NYSE:ONON) (“On,” “On Holding AG,” the “Company,” “we,” “our,” “ours,” or “us”), has announced its financial results for the third quarter ended September 30, 2021. Martin Hoffmann, Co-CEO and CFO of On, said: “The third quarter of 2021 has been the strongest in the history of the...
November 16, 2021
USA TODAY NETWORK Ventures Endurance Events community surpasses $1 million raised in donations to St. Jude Children’s Research Hospital
MEMPHIS, Tennessee – Nov. 16, 2021 /ENDURANCE SPORTSWIRE/ - A snack-loving cartoon canine, three caped crusaders and a steaming cup of hot chocolate helped inspire an endurance community to participate in virtual and in-person USA TODAY NETWORK Venture Endurance Events, resulting in more than $1 million raised this year for St. Jude Children’s...
November 16, 2021
Life Time and the Sea Otter Classic Introduce New Executive Gathering: Sea Otter Classic Summit April 5-7, 2022
MONTEREY, Calif. (Nov. 16, 2021) – Life Time Group Holdings, Inc. (“Life Time”) (NYSE: LTH), and the Sea Otter Classic are proud to introduce the Sea Otter Classic Summit, a brand-new global gathering of outdoor industry leaders focused on serving a diversified outdoor industry leadership group. The Summit will assemble...
November 15, 2021
PeopleForBikes’ Vice President of Finance Erik Esborg Departing Organization
BOULDER, COLO (Nov. 15, 2021) /ENDURANCE SPORTSWIRE/ - After more than 17 years overseeing the financial operations of both the PeopleForBikes Coalition and Foundation, beloved staff member Erik Esborg announced he will be stepping down from his role as the organization’s vice president of finance next year. “It has been...
November 15, 2021
Beachbody Q3 Revenues Decline 17 Percent
The Beachbody Company, Inc.'s sales declined 17% due to a drop in new health and wellness subscriptions. Total revenue was $208.1 million, a 17% decrease compared to 2020 and a 6% increase compared to 2019. Net loss was $39.9 million, compared to net income of $13.8 million in 2020 and...
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