Peloton Interactive Inc.
has agreed to recall its treadmills, and its chief executive apologized for the company’s initial refusal to comply with federal safety regulators“I want to be clear, Peloton made a mistake in our initial response to the Consumer Product Safety Commission’s request that we recall the Tread+,” CEO John Foley said in a joint statement announcing the recall with the CPSC. “We should have engaged more productively with them from the outset.
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Peloton seriously, a life had to be lost, to act 😠😫
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Peloton to recall treadmills after reports of injuries, one deathThe recall comes more than a month after Peloton Chief Executive Officer John Foley asked owners of its treadmills to check safety warnings after a child died in an accident involving the company's exercise equipment. 'I want to be clear, Peloton made a mistake in our initial response to the Consumer Product Safety Commission's request that we recall the Tread+,' Foley said in a statement https://www.cpsc.gov/Newsroom/News-Releases/2021/CPSC-and-Peloton-Announce-Recall-of-Tread-Plus-Treadmills-After-One-Child-Death-and-70-Incidents-Recall-of-Tread-Treadmills-Due-to-Risk-of-Injury. The agency said Peloton has also stopped sale and distribution of the Tread+ and continues to work on additional hardware modifications.
Source: YahooNews - 🏆 380. / 59 Read more »
Peloton reverses course, decides to recall treadmills after injuries, deathPeloton (PTON.O) announced a recall of its treadmills on Wednesday, reversing course just weeks after saying there was 'no reason' to stop using the exercise machines despite reports of multiple injuries and the death of a child in an accident. retweet me! parents should not be responsible for the safety of their children Here’s an idea unplug it or power off and take out the safety key when you’re done it shouldn’t be this hard. You shouldn’t have to read a manual to be able to figure this out.
Source: Reuters - 🏆 2. / 97 Read more »
Peloton unveils treadmill safety fixes as recall hits sales forecastPeloton Interactive Inc (PTON.O) on Thursday estimated an about $165 million hit to current-quarter revenue from a recall of its treadmills as the company laid out steps to improve the safety of the equipment. I never got one because I don't have a million dollar view like in the commercials... I'd just be looking a my 80 year neighbor in her tube top smoking cigars
Source: Reuters - 🏆 2. / 97 Read more »
Peloton recall to cost company $165 million in lost salesPeloton is estimating its treadmill recall will cost the company about $165 million in lost revenue during the the current quarter, and result in a $16 million hit to its profits. Gee, will Peloton’s husband buy them a machine that teaches them safety and laws about safety? Just to firm them up on that, cause they are not looking good...... Why would you let your kids near you when you are on ANY treadmill? Ya well, a kid died so .... Plus, do some testing
Source: CNN - 🏆 4. / 95 Read more »
Peloton Announces Voluntary Recall of Tread and Tread+ Machines Over Safety ConcernsPeloton is recalling its Treadmill+ and Treadmill machines after safety concerns and 72 reported accidents. The company is offering full refunds.
Source: POPSUGAR Fitness - 🏆 401. / 53 Read more »
Peloton, Feds Agree to Treadmill RecallAt least one child has been killed and others have been injured beneath the machines, as have some pets, the Consumer Product Safety Commission said. The commission considers the product “a serious risk to children for abrasions, fractures and death.”
Source: WebMD - 🏆 709. / 51 Read more »