Lululemon reported a fiscal first-quarter sales decline of 17%, as its strong digital business wasn’t enough to offset the losses from its stores being temporarily shut due to the coronavirus pandemic.
Shares of the interactive fitness company continued their coronavirus pandemic-fueled sprint last month.
“24 Hour Fitness is productively engaged with its creditors to explore strategic options and ensure the company is well positioned to serve its members nationwide for the long-term,” the San Ramon, California-based company said in a statement sent to Bloomberg.
We asked five startup CEOs to tell us what’s working for them right now.
My first article as a proud Motley Fool team member was a bullish piece on Planet Fitness (NYSE:PLNT). Since the call, the company has added close to 60% in equity value, and I think the move is just beginning. With another month of coronavirus in the past, I am as confident as ever in the...
Gym owner 24 Hour Fitness Worldwide Inc. is preparing for a potential bankruptcy to cut its debt as it re-opens locations across the country with precautions in place for social distancing.
24 Hour Fitness Seeks Bankruptcy Loan as Gym Shutdowns Drag On
After a recent pull-back, Peloton Interactive shares are rising again on Tuesday. An analyst at SunTrust Robinson Humphrey argued Covid-19 shutdowns will lead to long-term market share gains.
Monthly Survey Measures Change Through Pandemic Response
Tonal, a company that sells a wall-mounted workout station for $2,995, is in talks with investors about raising new equity, according to people with knowledge of the matter.
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