It probably goes without saying that Peloton Interactive (NASDAQ: PTON) has dealt with more than its fair share of troubles over the past year. The disruptive exercise equipment maker benefited greatly from a pandemic-fueled surge, but when demand dried up, the company's financial situation deteriorated quickly. Instead of betting on Peloton to successfully execute a difficult turnaround, investors looking to allocate capital to the fitness industry should look at a safer, already profitable enterprise.
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IPO Edge hosted a fireside chat at the 2023 ICR Conference with the CEO of Planet fitness, , a growing dynamic judgement free public gym. The in-person interview featured CEO, Chris Rondeau […]