Peloton Reports $1.2 Billion Loss; Can It Turn Things Around?

P.M. Edition for Aug. 25. Peloton, an early-pandemic darling, reported a $1.2 billion loss in its latest quarter, as revenue fell nearly 30% from a year ago. The bike and treadmill maker has been struggling with weaker demand as pandemic restrictions have lifted and consumers have shifted their behavior. Can it make a turnaround? Consumer products reporter Sharon Terlep joins host Annmarie Fertoli to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices