KEY POINTS
  • Peloton's fiscal fourth-quarter sales surged 172%. 
  • With such strong demand for its bike and treadmill, it said it doesn't expect to return to "normalized order-to-delivery windows" in the U.S. before the end of the fiscal second quarter. 
  • Peloton's outlooks for first-quarter and fiscal 2021 sales also far exceed analysts' expectations. 

Peloton said Thursday its fiscal fourth-quarter sales surged 172%, as its high-tech stationary bike and treadmill became two of the hottest commodities for people looking to work out at home during the coronavirus pandemic

The fitness equipment maker also offered Wall Street an eye-popping outlook for the current quarter and fiscal 2021, with sales of its bikes not expected to slow down anytime soon.