Peloton CEO apologizes for Tread+ issues as company will temporarily halt treadmill sales

Peloton CEO apologizes for Tread+ issues as company will temporarily halt treadmill sales The revenue impact from the Tread and Tread+ recall is expected to be approximately $165 million, and the pause in Tread and Tread+ deliveries will negatively impact Peloton's revenue by approximately $105 million, according to chief financial officer Jill Woodworth. https://ift.tt/3vLTTCB https://ift.tt/3epZed5 Markets May 7, 2021 at 05:51AM