PTON - Home workouts industry gain ground amid stay-at-home; drives positive outlook

Despite the pandemic bringing in major setbacks to the global economy in 2020, it surely did bring significant positive changes to the human lifestyle.Among the many changes, fitness regimes and health conscious consumers formed an important part for the growth stories of many companies like: Peloton Interactive (PTON), Lululemon Athletica (LULU), Nautilus (NLS), Town Sports International (CLUB), Under Armour (UA).Peloton reported more than double growth in its 9M20 revenue emerging out as the biggest winner as high-tech bikes and treadmills found more homes; similarly, LULU also reported strong FQ3 sales, margins.A recent survey from Planet Fitness (PLNT) indicate that 91% Americans with a resolution in mind are setting one specific to fitness in the New Year.; ~54% of those with a health and wellness resolution would like to stick with a fitness routine, even if it's just exercising a few minutes a day to help improve their health and wellness.Video

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Home workouts industry gain ground amid stay-at-home; drives positive outlook