Peloton Is Conditioned to Thrive in a Post-Pandemic World
It's undeniable that the pandemic has turbo-charged the growth trajectory of connected-fitness company Peloton (NASDAQ: PTON). A quick review of the company's quarterly results confirms that notion, as top-line growth swelled from high double-digit rates in 2019 to over 230% for the quarter ending on June 30, 2020.
Stay-at-home mandates, the closure of fitness centers, and rising interest in health and wellness were core elements of Peloton's ascension. A reasonable conclusion is that the company has already reached the pinnacle of its growth curve as these catalysts fade with the widespread rollout of vaccines.
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Source Fool.com