Peloton's Sales Rise for First Time
This is a news story, published by CNBC, that relates primarily to Peloton news.
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year sales growthCNBC
•Peloton shares rise 11% as turnaround plan takes hold, losses shrink
79% Informative
Peloton has returned to sales growth for the first time in nine quarters .
The connected fitness company saw sales grow by 0.2% during its fiscal fourth quarter .
The Bike and Tread maker has been working to improve its balance sheet and looks to be more focused on profitability than growth.
Shares rose more than 11% in premarket trading.
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