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Peter Stern

๐Ÿ‘ค Speaker
79 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

A couple of hours at least a week of cardio and two days of strength training every week.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

You can do that now all with one piece of equipment that makes it super easy.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

So we knew, of course, as we went into this year, what we were going to be launching.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

And we were able, as you point out, Caroline, to bake all of that into our guidance for the year.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

But we also included in our guidance that as the year progresses, we will be inflecting back toward growth.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

And that's a big, big step for us as a company.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

We had a couple of years where we've been down as we have...

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

regrouped after the pandemic, and we are now in such a good place where you see us having reignited our innovation engine.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

Of course, our customer love has never left us.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

Customers really just appreciate what Peloton does for them, and in particular, have that deep connection with our instructors.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

So we're building on that foundation and now feel even more confident about our future than ever before.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

Scarlett, we build our products to last.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

The bikes that we have today are still beautiful.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

Even the original bikes, they are absolutely beautiful and they are fully functional.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

Our treads are designed to last.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

The row is designed to last.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

We're continuing to support them.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

We are not in the obsolescence business.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

Whatever it takes for you to get and stay fit, we want to support you on that journey.

Bloomberg Talks
Peloton Interactive CEO Peter Stern Talks New Products' Price Point

Absolutely.