Nautilus (NLS) Q2 2022 Earnings Call Transcript

Jim BarrChief Govt Officer

Yeah. No. That is a fantastic query. And I believe we’re all seeing it, proper? I believe it is a mixture of utilizing the gear to amass members as we’re doing ourselves.

And in addition, among the competitors having gear, most likely a variety of stock gear. I’ve seen it largely in bikes, however I’ve seen it sort of throughout the board the place the promotion — no one promoted a lot final 12 months and all people is selling most issues this 12 months, significantly at bikes. We have seen iFit drop there, their main bike all the way down to in regards to the $1,500 vary. We have seen Peloton do the identical.

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