The Fitness and Fun Industries' Disappointing Reports The latest earnings announcements from Peloton, Zillow, and Six Flags have been met with a collective shrug from investors.
These reports reflect a broader trend: the struggles of companies built around novelty and convenience. Peloton's woes are particularly instructive.
Once touted as the future of fitness, the exercise equipment maker now faces cancellations accelerating and revenue guidance trailing expectations. This raises questions about the company's business model.