Peloton Buying Precor for $420 Million

The transcript discusses Peloton's acquisition of Precourt, emphasizing the importance of maintaining Precourt's branding while integrating Peloton's experience. It highlights the accelerated product roadmap, leveraging Precourt's expertise in fitness equipment. The supply chain and manufacturing strategies are addressed, focusing on flexibility and growth amidst COVID-19 challenges. The transcript concludes with insights into market trends, future growth, and potential acquisitions to enhance Peloton's offerings.

What is Peloton's plan for the Precourt branding after the acquisition?

• Rebrand it completely

• Keep it unchanged

• Discontinue it

• Merge it with Peloton's brand

How does the acquisition of Indian fitness equipment impact Peloton's product roadmap?

• It has no impact

• It allows faster development

• It slows down the development

• It complicates the roadmap

What was a significant factor in Peloton's decision to acquire Precourt?

• The location of the company

• The talent of the people

• The existing product line

• The brand's market share

How has COVID-19 affected Peloton's supply chain strategy?

• It has had no effect

• It has decreased demand

• It has accelerated onshoring

• It has led to outsourcing

What is Peloton's approach to manufacturing in response to COVID-19 disruptions?

• Increase production in Asia

• Outsource to new partners

• Onshore more production

• Stop production temporarily

What is Peloton's expectation for the future of Connected Fitness?

• It will remain stable

• It will decline

• It will grow rapidly

• It will be replaced by gyms

What is Peloton's strategy for future acquisitions?

• Avoid any acquisitions

• Focus on technology and teams

• Acquire only large companies

• Limit to fitness equipment