1446 ET - Peloton estimates that it would see a 1% impact on the cost of goods for its connected fitness products from President Trump's proposed tariffs on Canada, Mexico and China, CFO Liz Coddington says on a call with analysts. That's if the tariffs on imports from Mexico and Canada, which are paused for the moment, were to go into effect at the currently proposed rate of 25%, and mainly involve the company's apparel and its Precor brand, the CFO says. CEO Peter Stern says no Peloton branded hardware products are subject to the tariffs from China. (dean.seal@wsj.com)
(END) Dow Jones Newswires
February 06, 2025 14:46 ET (19:46 GMT)
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