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Peloton Still Struggling, but Lululemon Apparel Is Bright Spot

Peloton Still Struggling, but Lululemon Apparel Is Bright Spot

The once high-flying Peloton is still struggling to right the ship but sees apparel — particularly its deal with Lululemon — as a potential bright spot.

Despite reporting earnings in the first quarter that fell below Wall Street expectations, Peloton executives continue to focus on the positives, with chief executive officer Barry McCarthy writing in a shareholder letter Thursday morning that the company is expecting a return to…


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