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Peloton Partnering With Costco for Limited-Duration Promotion of Bike
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Peloton Partnering With Costco for Limited-Duration Promotion of Bike
Oct 22, 2024 12:23 PM

10:01 AM EDT, 10/22/2024 (MT Newswires) -- Peloton (PTON) will sell its Bike+ exercise bundle at 300 Costco stores for a limited period beginning Nov. 1, the company said Tuesday.

Costco shoppers will be able to buy the interactive exercise device for $1,999 in stores or for $2,199 through the Costco.com website, Peloton said. Bike+ has a list price of $2,495 on the company's website and users typically also pay another $44 each month for its All-Access membership.

The promotion runs through Feb. 15, Peloton said.

Peloton shares were 1% higher in recent trading, while Costco was 0.1% lower.

Price: 5.61, Change: +0.13, Percent Change: +2.37

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