财务数据和关键指标变化 - 公司在第一季度实现了1300万美元的GAAP营业收入，1100万美元的自由现金流，以及1.16亿美元的调整后EBITDA [11][52] - 总收入为5.86亿美元，其中连接健身产品收入为1.6亿美元，订阅收入为4.26亿美元 [43][44] - 总毛利为3.04亿美元，同比增长6%，总毛利率为51.8% [45] 各条业务线数据和关键指标变化 - 连接健身订阅业务拥有超过600万名忠实会员，其中290万名为付费连接健身订阅者，58.2万名为应用程序订阅者 [12][39] - 连接健身产品的毛利率为9.2%，同比增长600个基点，主要受益于产品组合的变化 [46] - 订阅业务的毛利率为67.8%，与内部预期一致，同比增长40个基点 [46] 各个市场数据和关键指标变化 - 国际市场的付费连接健身订阅者在第一季度增长了8% [17] - 德国市场的销售超出内部预期，转向完全的第三方零售和分销模式后表现良好 [16][17] - 在北美市场，公司继续优化销售渠道，关闭表现不佳的第一方零售店，并测试更小的零售概念 [18] 公司战略和发展方向和行业竞争 - 公司计划通过在2025财年末实现超过2亿美元的成本节约来调整成本结构 [9] - 继续在创新方面进行战略投资，以实现长期的收入增长 [10] - 公司将重点关注提高客户终身价值（LTV）和客户获取成本（CAC）的可持续性 [13] 管理层对经营环境和未来前景的评论 - 管理层对当前的宏观经济环境表示关注，强调将专注于可控因素 [70] - 对于未来的增长，管理层对健康和健身领域持乐观态度，认为该领域的市场份额将继续增长 [74] - 管理层表示，尽管面临挑战，但公司已为未来的增长奠定了稳定的基础 [70] 其他重要信息 - 公司宣布彼得·斯特恩将于2025年1月1日担任首席执行官 [7][8] - 公司在第一季度实现了连续第三个季度的正自由现金流 [52] 问答环节所有提问和回答 问题: 关于新任首席执行官彼得·斯特恩的期望 - 管理层认为彼得将能够平衡增长与盈利能力，并在短期内进行评估以制定战略 [71][74] 问题: 关于库存增长的组成 - 库存的轻微增长主要是由于假期前的季节性采购，预计全年将带来现金流的好处 [77] 问题: 关于客户流失率的预期 - 管理层预计流失率将在2025财年保持在2%以下，尽管由于市场变化可能会略有上升 [83] 问题: 关于平衡表的减债计划 - 管理层表示将专注于生成自由现金流，以实现逐步减债，并在未来进行战略性资本配置 [90] 问题: 关于内容投资的战略 - 内容仍然是公司体验的核心，未来将继续在内容创新上进行投资 [126]

For the quarter ended September 2024, Peloton (PTON) reported revenue of $586 million, down 1.6% over the same period last year. EPS came in at $0.00, compared to -$0.44 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $574.58 million, representing a surprise of +1.99%. The company delivered an EPS surprise of +100.00%, with the consensus EPS estimate being -$0.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and h ...

文章核心观点 - 健身公司Peloton Interactive的股价在盘前交易中上涨22%,因为其第一季度业绩超过分析师预期,并任命福特高管Peter Stern为新任首席执行官[1][2] - Peloton报告净亏损仅100万美元,同比改善1.58亿美元,远低于预期的5170万美元亏损[2] - Stern将于2025年1月1日开始担任首席执行官和总裁,他目前担任福特综合服务总裁,此前曾在苹果公司任职[3] 公司概况 - Peloton是一家健身公司,其股票代码为PTON[2] - 公司在5月宣布前任首席执行官Barry McCarthy将离任,并启动了全面的搜索过程寻找新的领导人[4] - 在本次公告之前,Peloton的股价今年迄今已上涨约9%[5] 新任CEO简介 - Peter Stern是一位资深战略家,拥有通过创新推动可持续增长的记录[4] - 他在健康和健康行业有深入的了解,这使他非常适合担任Peloton的下一任CEO[4] - Stern此前曾在苹果公司任职,目前担任福特综合服务总裁[3]

Peloton (PTON) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this exercise bike and treadmill company would post a loss of $0.18 per share when it actually produced a loss of $0.08, delivering a surprise of 55.56%.Over the last four quarters, the com ...

A Peloton bike is displayed at a Dick's Sporting Goods store on May 08, 2024 in Daly City, California.Peloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reigns in costs and looks to improve the unit economics behind its hardware, it said Thursday.  Despite the progress, Peloton is expecting to lose more members and sell less bikes and treadmills than Wall Street analysts had expected during its all-important holiday quarter. Here's how P ...

PELOTON Q1 FY2025 Shareholder Letter October 31, 2024 Dear Shareholders, Our Q1 FY25 results reflect continued progress toward Peloton's overarching financial goal of making our business sustainable and profitable for the long term. We had a strong Q1 FY25 and performed above our guidance on all of our key metrics. We're especially pleased with our bottom line results and Free Cash Flow – we're achieving our cost savings targets faster than we expected as a result of strong execution by our talented Peloton ...

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (Nasdaq: PTON) has announced its financial results for first quarter fiscal 2025. Please visit the Peloton investor relations website to view the shareholder letter. Today the company will host a conference call and live audio webcast to discuss the results at 8:30 a.m. ET. Call Details:Event: Peloton First Quarter Fiscal 2025 Earnings Conference CallDate: Thursday, October 31, 2024Time: 8:30 a.m. ET Live Call Registration (link) Live Aud ...

NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Peloton Interactive, Inc. (NASDAQ: PTON) today announced that Peter Stern, who currently serves as President of Ford Integrated Services and before that held leadership roles at Apple and Time Warner Cable, has been appointed to serve as Peloton’s CEO and President effective January 1, 2025. The Company expects to appoint Mr. Stern to the Peloton Board. Jay Hoag, Chairperson of the Peloton Board, made the following statement on behalf of his fellow directors: Pete ...

Einhorn structured the presentation as if he was an instructor giving a workout class, occasionally shouting out investors in the room. The first page of the deck was titled "15 minute 'Stock Pitch Ride'" and shows an image of Einhorn on a Peloton bike. "Facing bankruptcy can force change," he said during the pitch. "Peloton has started to right-size and cash burn has stopped. It refinanced its debt to push out maturities. And with a loyal customer base that pays $44 per month, it's a valuable subscription ...

Shares of Peloton Interactive (NASDAQ: PTON) have surged by 16% after David Einhorn, billionaire, and hedge fund manager, called the stock undervalued at Robinhood’s (NASDAQ: HOOD) investor conference on October 23.The announcement was made as the Greenlight Capital founder was riding a Peloton bike — previously, in June, the fund had disclosed a $6.8 million stake in the business.The home fitness giant’s fall from an all-time high (ATH) of $162 during the pandemic was swift and unrelenting — following mism ...