Peloton Reports Huge Growth, But No Future Outlook

(New York, NY) -- Peloton says its sales grew 141-percent in the first quarter of this year.  

Peloton officials said they were able to get delivery of their products out faster because of investments in their supply chain.  

It reported one-point-two-six billion in revenue, about 160-million more than anticipated. However, the fitness company is not offering any forecasts for this current quarter because of its recent recall of two treadmill models.

The company's share price is dropping in after-hours trading because of the recall.

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