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May 11, 2022

Peloton faces a tough road ahead

NEW YORK (AP) — Peloton's uphill ride to get more sales just got rougher as more people return to gyms and other pre-pandemic exercise routines and embrace cheaper options.

The maker of high-end exercise bikes and treadmills, once highflying in the early days of the pandemic, reported on Tuesday mounting losses and slowing sales during the company's fiscal third quarter.

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