Peloton CEO on Earnings, Subpoena, New Products

The transcript covers Peloton's business performance, including significant growth in 2021 and strategic investments for future growth. It explains the decision to reduce bike prices due to improved supply chain capacity, aiming to make fitness more accessible. The company addresses safety concerns and investigations related to treadmill recalls, emphasizing cooperation with authorities. Peloton is optimistic about the treadmill market, highlighting its potential to surpass the bike business. Future product launches and a return to profitability by 2023 are also discussed, supported by predictable revenue streams and disciplined marketing strategies.

What was the growth percentage of Peloton's subscription business in 2021?

• 90%

• 56%

• 75%

• 114%

Why did Peloton decide to lower the price of their bikes?

• To clear old inventory

• To make fitness more accessible

• To compete with new market entrants

• To increase profit margins

Which government agencies are investigating Peloton regarding treadmill safety?

• EPA and OSHA

• DOJ and DHS

• FDA and FTC

• FCC and FAA

What feature makes Peloton's treadmill workouts unique compared to traditional treadmills?

• Built-in TV screens

• Boot camp style circuit workouts

• Automatic speed adjustment

• Virtual reality integration

What is the Net Promoter Score for Peloton's new treadmill product?

• 75

• 80

• 85

• 90

What percentage of Peloton's revenue is invested in R&D?

• 5%

• 15%

• 10%

• 20%

By when does Peloton aim to return to profitability?

• 2022

• 2023

• 2025

• 2024