Day: February 6, 2021

Peloton drops 7% after the cycle-maker said it’s struggling to keep up with surging demand for its flagship fitness products



a man doing a trick on a stage: Peloton


© Peloton
Peloton

  • Peloton’s shares dropped 7% at the market open on Friday after the release of its second-quarter earnings.
  • The cycle-maker said it would invest $100 million to accelerate the speed of product deliveries worldwide.
  • Wedbush maintained its outperform rating on Peloton as analysts expect the at-home fitness trend to last.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

Peloton fell 7% on Friday after the company said it continued to struggle with delivering its bike and treadmill products on time.

The company reported its first ever billion-dollar quarter on Thursday, helped by a boom in demand for fitness products during the holiday season. But over the past year, Peloton’s customers have complained of months-long waits, delivery delays, and last-minute cancellations.

Manufacturing lags were not the only challenge for deliveries. Shortages of containers, extended port delays, and a backlog to get containers unloaded

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On The Road 2/5: 2021 Ford Bronco Sport

2021 Ford Bronco Sport

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2021 Ford Bronco Sport

By Peter Perrotta

After a 31-year run, from 1965 to 1996, Ford put its Bronco SUV on ice.

We will never know if that infamous OJ Simpson white Bronco chase on June 17, 1994, that riveted the nation on national TV, ever had anything to do with that decision.

But, in this age of conspiracy theories, we can only speculate.

Nonetheless, in this current age of bringing back the old to create something new, the Bronco is back with a vengeance.

For 2021, Ford reintroduces their beloved Bronco to the American public in three different flavors. It comes in a more full-sized 2- and 4-door SUV version, as well as the “baby brother” smaller, more compact Bronco Sport 4X4.

I recently jumped behind the wheel of the 2021 Ford Bronco Sport 4X4 “Badlands” edition for three days so I could give … Read More

KWC has scoring in 86-72 win over Lake Erie | Sports

Kentucky Wesleyan College was without its leading scorer Tre Cobbs, but the Panthers were able to produce plenty of points Thursday night.

KWC beat Lake Erie 86-72 with four Panthers scoring in double figures and different players getting hot throughout the game at the Sportscenter.

Jamil Wilson led the way with 24 points and five assists. Wilson made 8-of-12 from the floor and 7-of-11 free throws.

“Jamil Wilson was tremendous in Tre’s absence,” KWC coach Drew Cooper said. “He had very timely bursts of effort defensively.”

Cobbs has been working through a recurring hand injury that flared up before Wednesday’s practice.

“I was hoping he would be able to go, it was a game time decision, and he wasn’t able to do it,” Cooper said. “He’s going to be a question mark moving forward. It’s been a recurring injury, one of those things that he came into practice, it hurt

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Husky football great Fred Forsberg, a family man and a fearless enforcer, dies at 76

By the time he died on Jan. 26, Fred Forsberg was no longer six-plus feet of unfiltered ferocity. His knees were shot. His memory was muddled. His body was irreparably busted, mangled by the love of an unmerciful game.

“You name a health issue, and he probably had it going on,” his son, Jeff Forsberg, told The Times this week.

Forsberg — who his Husky teammates lovingly called “Fantastic Freddie” — died at age 76, primarily of heart failure.

The same heart never failed him on a football field.

“He was unique — just a larger-than-life character, out of a comic book almost,” said Jeff, who added that his father’s death was not COVID-related. “He was tough as nails. Just loved — loved — the game. He had tons of health problems later on in life, mostly caused by the game. His last three years, there was memory loss.

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