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.
via FOX BUSINESS NEWS Markets
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