Peloton delays full US rollout of the new Peloton Tread as demands exceed expectations in the UK

During its Q2 Fiscal 2021 earnings webcast, Peloton announced that due to the strong UK demand of the Peloton and delivery and manufacturing challenges, it’s delaying the US-wide rollout until May 27.

Peloton will continue with a limited rollout in the US to select ZIP codes in Florida, Illinois, New York, Oregon, and Texas in February. The Canadian rollout is also unchanged and will happen next week. Peloton said that the new Tread will not make a meaningful impact on revenue until Fiscal 2022.

Peloton launched the Tread in the UK first because they had not previously had access to the Peloton Tread+

Peloton continued to affirm that demand has not slowed down despite the COVID-19 vaccine beginning with a wider distribution.

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