Peloton Cycle CEO Talks Latest Fitness Craze
Cheddar Archive • 8m 49s
Soul Cycle, Fly Wheel and Peloton are all competing in the crowded spinning market. Is there room for all of them to play? “What we are hearing is that Peloton is off the charts value vis a vis going to classes,” said Peloton CEO John Foley on Friday. He also told Cheddar the company’s revenue will hit $150 million in annual sales up from $50 the previous year. The company is profitable. So, is he planning on taking the company public? Foley had a lot more to say about that topic…
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