Peloton to recall treadmills after reports of injuries, one death

Reuters2021-05-05

May 5 (Reuters) - Exercise equipment maker Peloton Interactive Inc is recalling its Tread+ and Tread treadmill machines after injuries and a death, according to a statement by the United States Consumer Product Safety Commission.

The 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

"We should have engaged more productively with them from the outset. For that, I apologize".

The agency said Peloton has also stopped sale and distribution of the Tread+ and continues to work on additional hardware modifications.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SandDust
    2021-05-06
    SandDust
    Not sure why it take so long. 
  • Alfred1007
    2021-05-06
    Alfred1007
    That is not good..definitely need to correct this to regain investor's confidence..[嘆氣] [嘆氣] 
  • bluefun
    2021-05-06
    bluefun
    Omg ? 
  • Six six six
    2021-05-06
    Six six six
    Like and comment pls
  • Roarhigher
    2021-05-06
    Roarhigher
    Oh no! This is no good.
  • MaxWin
    2021-05-06
    MaxWin
    Please like and comment
    • MaxWin
      ok please like and comment too
    • MaxWin
      please like and comment
    • MaxWin
      thank you.
    • MaxWin
      please like and comment
    • lyoshen
      please like and comment
Leave a comment
8