“Cash doesn’t lie.” Peloton’s Predicament

Peloton announces more layoffs and store closings.

(0:21) Jim Gillies discusses:
- How challenging Peloton's balance sheet is right now
- Why Peloton will almost certainly have to raise money
- The retail landscape when some of the biggest companies are set to report earnings
- Why Costco is his favorite retail stock (followed closely by Home Depot)

(18:41) Some companies are pulling back on investments, but others aren't stopping. Ricky Mulvey and Sanmeet Deo look at some businesses playing offense in a tough environment.

Stocks mentioned: PTON, WMT, TGT, HD, LOW, COST, SHOP, AXON, XPOF, NFLX, TTD

Host: Chris Hill
Guest: Jim Gillies, Sanmeet Deo
Producer: Ricky Mulvey
Engineers: Dan Boyd, Rick Engdahl