Peloton Revenue Growth Rate
And at the company s 2019 analyst day management presented a plan to grow revenue at an annual rate in the low.
Peloton revenue growth rate. Peloton s revenue doubled. But the company s revenue growth slowed to 21 during the fiscal year ending feb. Even if we use the high end of forward estimates for the next two quarters it is highly likely that peloton s two quarter average revenue growth rate will. Peloton s first quarter sales surged 232 as consumers turned to its bikes treadmills and workout accessories during the pandemic.
Peloton is the first mover in an industry that is snowballing but the deceleration in both subscriber growth and revenue growth rates suggests that the best days of growth are likely over. The company now expects to bring in more than 3 9 billion in.