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PTON - Peloton's Delivery Pain Could Be Nautilus' Sales Gain
Peloton Interactive Inc.
Delivery issues that have been building up throughout the pandemic for Peloton Interactive (NASDAQ: PTON) could begin spilling over, hurting its own sales while helping those of rivals like Nautilus (NYSE: NLS) .
Management recently admitted the delays customers are experiencing are "unacceptably long," but the problems are primarily the result of port issues as it receives shipments from overseas manufacturers, according to The Wall Street Journal .