Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

A Peloton bike is displayed at a Dick's Sporting Goods store on May 08, 2024 in Daly City, California.Peloton is back to generating free cash flow and is edging within reach of profitability as the connected fitness company reigns in costs and looks to improve the unit economics behind its hardware, it said Thursday.  Despite the progress, Peloton is expecting to lose more members and sell less bikes and treadmills than Wall Street analysts had expected during its all-important holiday quarter. Here's how P ...