Maybe Peloton is its own worst enemy
TL;DR
Peloton recalled 833,000 Bike Plus units due to breakages and injuries, announced before its Q1 2026 earnings. CEO Peter Stern addressed the recall during the call, offering free seat replacements.
For years - through its pandemic-fueled highs and its post-quarantine malaise - Peloton has held its earnings calls at a bright and bushy 8:30AM ET. Not yesterday. Instead, the company broke different news first thing in the morning: it issued yet another recall for 833,000 of its original Bike Plus units, before posting its Q1 2026 results after the markets closed at 4 o'clock.
Peloton CEO Peter Stern addressed the recall right away during the company's earnings call, stating the facts - that there were only three reports of breakages and two injuries, plus the company was offering a free replacement seat. Later, when asked in an Q&A with …