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Peloton posts first ever annual net profit, but shares drop as outlook disappoints

CNBC Business·August 6, 2026·1 min read
Peloton posts first ever annual net profit, but shares drop as outlook disappoints

Peloton posted its first ever annual net profit in fiscal 2026, but shares dropped as its outlook disappointed. The company is still working to generate sales growth as consumers pull back on big-ticket purchases, indicating challenges ahead despite the milestone profitability.

Read at CNBC Business
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