Nautilus (NLS) Q2 2022 Earnings Call Transcript

Jim BarrChief Govt Officer

Thanks, John, and thanks all for becoming a member of us. Right now, I will start with some ideas on the house health market dynamics over the previous 18 months and the outlook going ahead as context then cowl our monetary efficiency within the quarter and the primary half. Subsequent, I will talk about our robust progress on our North Star Technique, together with JRNY. I will finish with our plans to additional speed up our investments in JRNY and in advertising and marketing.

You have heard us speak intimately over the previous 18 months in regards to the dramatic growth within the measurement of our SAM, two to a few instances by our most up-to-date estimates. This type of {industry} progress may be very uncommon and underscores our robust alternative because the No. 3 in market share. There may be robust proof that a lot of this market growth could also be everlasting as a result of the principal driver is profound and basic secular modifications in exercise attitudes and habits that favor dwelling health.

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