Pelton (PTON) Flops & Abercrombie & Fitch (ANF) Pops After Earnings

Peloton (PTON) shares dive after earnings miss. PTON 4Q subscribers declined and faced higher than expected recall costs. Its adjusted EPS came in at -$0.68 versus an estimated -$0.45 and revenue came in at $642.1M versus an estimated $640.5M. PTON noted that its seat post recall in May hurt its growth. It ended 4Q with 4% year-over-year connected fitness subscription growth. Jenny Horne discusses this along with Abercromie & Fitch. Its adjusted EPS came in at $1.10 versus an estimated $0.13 and revenue came in at $935.30M versus an estimtaed $842.41M. Tune in to find out more about the stock market today.