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Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup

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Peloton posts bullish holiday forecast, betting that shoppers will spend big on new product lineup


Peloton on Thursday posted its second profitable quarter in a row as it released strong guidance for the crucial holiday shopping season, banking on its relaunched product assortment to drive growth. 

The connected fitness company posted a surprise net income of $13.9 million in the three months ended Sept. 30, compared with a loss of $900,000 a year earlier. 

For the current quarter, Peloton’s strongest for hardware sales, the company is expecting revenue to be between $665 million and $685 million, a slight increase from the year-ago period and largely better than Wall Street expectations of $665 million, according to LSEG. 

Peloton also raised its full-year adjusted EBITDA outlook and is now expecting it to be between $425 million and $475 million, up $25 million from its previous outlook on both ends. Much of that forecast is ahead of analyst expectations of between $400 million and $450 million, according to StreetAccount. 

Shares jumped about 11% in extended trading Thursday.

Despite the good news, Peloton is still dealing with issues from its past. Earlier on Thursday, it said it was initiating yet another recall from its early product lineup. The Consumer Product Safety Commission said the company was recalling 833,000 of its original Bike+ devices after receiving reports that the seat post can break and detach during a ride – the same issue that prompted a recall of its base Bike model in 2023. 

“We have received a small number of reports of an original series Bike+ seat post breaking during use. As of today, we are aware of three such incidents,” Peloton CEO Peter Stern said on the company’s earnings call Thursday.

Peloton’s latest recall cost the company $13.5 million during the quarter reported Thursday, contributing to a 0.3 percentage point decline in its gross margin.

For its first fiscal 2026 quarter reported Thursday, Peloton beat analyst expectations on the top and bottom lines. 

Here’s how the fitness company did in its first fiscal quarter compared with what Wall Street was anticipating, based on a survey of analysts by LSEG:

  • Earnings per share: 3 cents vs. 0 cents expected
  • Revenue: $551 million vs. $540 million expected

Sales dropped to $551 million, down about 6% from $586 million a year earlier. 

Under the direction of Stern, who took the helm in January, the connected fitness company has been finalizing its cost cuts and turning its attention back to growth now that it’s back to regularly generating free cash flow and operating profitably. 

“Our intent is to go well beyond [cardio connected fitness]… we’ve got strength, we’ve got mental, mental wellbeing, nutrition and hydration and sleep and recovery,” Stern said. “We are focused on growth, but the growth needs to be profitable … both in top line growth as well as increased margins associated with that business as well.”

Last month, Peloton relaunched its product assortment, introduced a commercial equipment line and raised prices for both subscriptions and hardware ahead of the holiday shopping season. 

The revamped assortment, touching its bike, rowing machine and treadmill products, features an AI-powered tracking camera, speakers, a 360-degree swivel screen and hands-free control, among other new features. 

“Our launch of an entirely new product lineup with the cross training series, is a great reason for us to talk to our members and nonmembers alike,” Stern said.

Peloton is betting consumers will be willing to spend big on the products for flashy holiday gifts, either for themselves or a loved one. But just over a month into the launch, it remains unclear how they’re performing. The company’s first fiscal quarter ended the day before the new products were launched. 

Across the retail industry, the personal electronics category has been under pressure. 

While Peloton operates in a category of its own, shoppers have been pulling back on other big-ticket items and being more careful about where their dollars are going in an unsteady economic environment. 

After Peloton’s last recall, the company said at the time that it saw higher-than-expected membership churn and costs as a result.

– CNBC’s Luke Fountain contributed to this report



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52 reforms in 52 weeks: Ashwini Vaishnaw outlines massive railway overhaul for 2026

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52 reforms in 52 weeks: Ashwini Vaishnaw outlines massive railway overhaul for 2026


Indian Railways has reached a global milestone in freight operations, securing its position as a premier international logistics hub. Union Minister for Railways, Ashwini Vaishnaw, announced today that the national carrier has achieved an unprecedented scale in its logistics division. Highlighting this achievement, the Minister stated, “Indian Railways has become the second-largest cargo carrier in the world.”

Building on this momentum, the Ministry has prepared a rigorous roadmap for the upcoming year aimed at systemic transformation. The government plans to roll out a series of weekly initiatives to modernise every facet of rail travel and transport. Vaishnaw explained the structured timeline, saying, “For 2026, Railways has resolved to implement 52 reforms in 52 weeks.”

The initial phase of this plan will prioritise the passenger experience, with a focus on improving the quality of onboard facilities. The Minister identified the primary starting point for this year-long agenda, noting, “The first reform is better onboard services in Railways.”

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In addition to passenger amenities, the government is placing strong emphasis on the “Gati Shakti” initiative to streamline the nationwide movement of goods. This strategic focus is designed to strengthen the country’s supply chain. Vaishnaw confirmed the freight sector’s priority, adding, “The second concerns ‘Gati Shakti Cargo.’”

A cornerstone of the 2026 agenda is a comprehensive overhaul of sanitation and hygiene standards. The Ministry has developed a new blueprint to ensure that the rail network’s cleanliness meets global benchmarks. Detailing the specifics of the first major initiative, the Minister remarked, “Reform number one for 2026 will ensure proper end-to-end cleaning of the Railways… The concept of a clean rail station has been established.”

This cleanliness drive is not a short-term measure but a multi-year commitment to cover the entire Indian Railways fleet. The implementation will be phased to ensure thoroughness and consistency. Vaishnaw clarified the timeline, stating, “Over three years, this reform will be implemented across all trains.”

To ensure the success of these reforms, the Ministry is introducing a robust accountability framework. These measures will include performance-based contracts and the integration of modern digital tools to monitor progress in real time. Emphasising the shift towards professional and technology-driven management, the Minister concluded, “There will be clearly defined service-level agreements… There will be extensive use of technology.”



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BrewDog owners say craft beer company could be sold off

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BrewDog owners say craft beer company could be sold off



Craft beer brand BrewDog could be sold off after the company started the process to find new investors.

The Scottish beer brand recently announced plans to close all of its distilling brands, meaning it would no longer produce any of its spirits, including Duo Rum, Abstrakt Vodka, and Lonewolf Gin, at its distillery in Ellon, Aberdeenshire.

The company, which was founded in 2007, said it made the decision to focus on its beer brands, including the highly-popular Punk IPA, Elvis Juice, and Hazy Jane.

Now, in a statement, a spokesperson for BrewDog said the company had appointed Alix Partners to “support a structured and competitive process to evaluate the next phase of investment for the business.”

The statement said: “As with many businesses operating in a challenging economic climate and facing sustained macro headwinds, we regularly review our options with a focus on the long-term strength and sustainability of the company.

“Following a year of decisive action in 2025, which saw a focus on costs and operating efficiencies, we have appointed AlixPartners to support a structured and competitive process to evaluate the next phase of investment for the business. This is a deliberate and disciplined step with a focus on strengthening the long-term future of the BrewDog brand and its operations.”

Although no decisions have been made, a sale is under consideration.

In a statment BrewDog added: “BrewDog remains a global pioneer in craft beer: a world-class consumer brand, the No.1 independent brewer in the UK, and with a highly engaged global community. We believe that this combination will attract substantial interest, though no final decisions have been made.”

According to reports by Sky News, AlixPartners had begun sounding out prospective buyers in the last few days.

The company, which has 72 bars worldwide and four breweries in Scotland, the US, Australia, and Germany, said its breweries, bars, and venues will continue to operate as normal. It employs 1400 people across the organisation.

BrewDog’s founders James Watt and Martin Dickie are the company’s major shareholders alongside private equity company TSG, which invested £213 million in 2017, making it a 21 per cent shareholder.

In 2024, the beer brand grossed £357 million in sales, and it is a major independent brewer with 4 per cent market share in the UK grocery market.



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Craft beer brewer BrewDog could be broken up as sale process begins

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Craft beer brewer BrewDog could be broken up as sale process begins



Beermaker BrewDog could be broken up after consultants were called in to help look for new investors.

The Scotland-based brewer, which makes craft beer such as Punk IPA and Elvis Juice, has appointed consultants AlixPartners to oversee a sale process.

Last month, BrewDog announced it was closing its distilling brands, sparking concerns for jobs at its facility in Ellon, Aberdeenshire.

The company, which was founded in 2007, said it made the decision to focus on its beer products.

No decision has been made in respect of the sale process.

A spokesperson for BrewDog said: “As with many businesses operating in a challenging economic climate and facing sustained macro headwinds, we regularly review our options with a focus on the long-term strength and sustainability of the company.

“Following a year of decisive action in 2025, which saw a focus on costs and operating efficiencies, we have appointed AlixPartners to support a structured and competitive process to evaluate the next phase of investment for the business.

“This is a deliberate and disciplined step with a focus on strengthening the long-term future of the BrewDog brand and its operations.

“BrewDog remains a global pioneer in craft beer: a world-class consumer brand, the number one independent brewer in the UK and with a highly engaged global community.

“We believe that this combination will attract substantial interest, though no final decisions have been made.

“Our breweries, bars, and venues continue to operate as normal. We will not comment on any further speculation.”

Brewdog operates 72 bars around the world as well as four breweries.



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