Target shredded Wall Street profit forecasts by $0.39 on Wednesday on the back of renewed traffic to stores.
Peloton Interactive's investors will look for updates on its CEO appointment and efforts to grow subscribers in fiscal 2025 when the fitness equipment maker reports results on Thursday. The fitness equipment maker has struggled to bounce back from a sales slump after a pandemic-led boom and has aggressively implemented a turnaround plan, including job cuts, to revive growth and break its loss-making streak. Some analysts expect a softer subscriber growth for fiscal 2025 as the company, which offers exclusive workout content subscriptions that can be synchronized with Peloton's equipment, remains focused on cutting costs.
