A couple of big stories this morning. Peloton pricing the ipo. Price tag at 29 a share raising about 1. 6 billion now valued at roughly 8. 1 billion makes about a billion in revenue but loses 245 million annually. Now under the ticker pton. The peloton ceo will join us live this morning. If you have questions sen them in peloton. 245 million in losses well talk about the math of that and where they see profits and what it all means. Does anyone know about the treadmill . I do. It is expensive. It is about 4,000 the bike is about 2,000 plus. I have one. The bike is quite a piece of equipment. It is heavy. It is really well made i just got one two weeks ago. You can have someone screaming at you you can go outside. It is there, all free. Eamon javers is with us the hardware is a highmargin product. Higher now than an iphone. It is the services and the investment and the media component costing them they are doing a lot of build outs is that recurring cost or eventually be built out . The
This week. Several big consumers names reporting betterthanexpected results. Find out what it means for spending ahead of the Holiday Season. Hey, were just two days away from that twitter ipo. Bet you havent heard that before. Find out why the head of nyse said not every ipo goes to the moon. And apple has tripled the number since last years launch. Tmobile posting a rise in q3 revenues as the company added more than a million customers in the period. Got to start with kors. 71 cents, beats by 3 cents, samestore sales plus 23. Not the 45s, 41s we were seeing a few quarters ago. Still, this is an amazing story. The last bit of research we had was a downgrade betting this would not be that great. Plus we added the addition to the s p. There was a lot of previous earnings, chatter about it. They have the best growth in any retail. What accounts for the success of this company from the moment its gone public, while so many others, is it execution . What is going on at this company that is