Aug 22 Reuters Peloton Interactive forecast 2025 subscriptions below analysts39; estimates on Thursday, anticipating weak demand for its exercise equipment and sluggish subscriber additions as sticky inflation keeps discretionary spending in check.

The company said it expects paid connected fitness subscriptions for fiscal year 2025 to be between 2.68 million and 2.75 million, lower than FactSet estimates of 3.01 million.

Our fullyear FY25 guidance reflects the expectation that hardware sales will decline YY, Peloton said.

Reporting by Kannaki Deka in Bengaluru; Editing by Sriraj Kalluvila

Source Reuters