Peloton took $182 million impairment charge last quarter as inventories piled up - CNBC

5/11/2022 12:00:00 AM3 yearsago
by Lauren Thomas
by Lauren Thomas
Peloton's took a $182 million hit in its previous fiscal quarter as inventory levels ballooned and consumer demand for its bikes and treadmills waned.
Peloton's goodwill took a $182 million hit in its previous fiscal quarter as inventory levels ballooned and consumer demand for its bikes and treadmills waned. During the three-month period ended Ma… [+2134 chars]
full article...