Latest news with #Bike
The Irish Sun
22-05-2025
- Automotive
- The Irish Sun
Lidl Ireland selling game-changing item for cyclists in middle aisle at bargain price
LIDL Ireland fans are rushing to buy a game-changing cycling item at a bargain price in the middle aisle. With prices starting from as low as €2.39, this new collection has all the essentials to help you cycle in comfort this Advertisement 8 Lidl have launched a new outdoor range called Crivit Credit: 8 The puncture spray costs just €2.39 Credit: 8 The pannier bag is perfect for commuters Credit: 8 You can choose from four different types of bike seats Credit: From sprays to seats, the bargain deals are on offer from today. And cyclists are set to love a new puncture set for €2.39 - it's a must-have for the road. Items such as the XL floor pump will have you back to pushing pedals in no time for just €7.99. And for the same price, choose from the City Bike Saddle, Trekking Bike Saddle or Mountain Bike Saddle. Advertisement READ MORE IN FABULOUS At 20 per cent off, the pannier bag is perfect for The bag is just €14.99 and can be attached straight onto your bike. But there is a slight catch to these amazing offers that shouldn't be too much of an issue for major Lidl fans. Major boost for Lidl Ireland shoppers as 'travel essentials' land in middle aisle To avail yourself of these deals, you need to be a member of the Lidl Plus App. Advertisement Most read in Fabulous Exclusive Exclusive If you already have the store's latest reward system downloaded, then you're one step closer to getting these super sales. It allows customers to save money on their As well as providing access to special offers and the chance to win special prizes. 8 The cordless pump has a compact design perfect for travelling Credit: Advertisement 8 You can get it with the Lidl Plus app for €27.99 Credit: For a less labour-intensive way to pump your tyres, you can get the cordless compressed air pump - perfect for on the go. At just €27.99, you can fill air into the wheels on your car, motorbike, and balls using one of the four different preset air pressures. Get a D-Bar Lock and Armoured Bike Lock, both with two keys each, that are included in these recent offers. Advertisement For €5.59 you can keep your The app also gives customers the opportunity to get the LED bike light set for 20 per cent off the original cost. Be safe and seen this summer for €11.99 with the battery-powered adjustable brightness. All these amazing deals are available from today onwards via the Advertisement 8 The bike lock comes in two different styles 8 You can get all these offers with the Lidl Plus app Credit: Getty THE HISTORY OF LIDL IN IRELAND LIDL first opened in Germany in 1973. Back then, it employed just three people, stocking 500 product lines. The first Irish store, located just off Molesworth Street in Dublin, was opened in 1999. This was Lidl's first entry into the Irish grocery market. Then, Lidl opened more stores in 2000, in Limerick, Letterkenny, Mullingar, Athlone, Cavan, Ballinasloe and Portlaoise. Now, the retailer has over 180 stores and three distribution centres, employing over 6,000 people. They work with a network of more than 260 Irish suppliers from the communities they operate in.
Yahoo
05-05-2025
- General
- Yahoo
Connecticut celebrating National Bike Month
HARTFORD, Conn. (WTNH) — The Connecticut Department of Transportation (CTDOT) is celebrating National Bike Month this May by encouraging residents to go for a ride. CTDOT is participating in National Walk, Bike, and Roll to School Day on Wednesday, May 7. CTDOT is also participating in Bike to Work Week from May 11 to 17, with various activities planned. Connecticut wants you to drive less. Here's why State leaders said many communities participating in the Safe Routes to School (SRTS) Program have shown improved safety and accessibility for all students since its inception in 2005. A few updates from the SRTS team include: Walk, Bike & Roll to School Day incentives that registered schools can request online. SRTS expanded their bike and pedestrian safety and skills trainings to include an on-bike component. Communities and schools can request these services online. An interactive online map highlights all SRTS activities across the state Those riding bikes are also encouraged to participate in the 2025 Drive Less Connecticut Challenge through May 31. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
26-03-2025
- Politics
- Yahoo
Advocates fear for future of special education programs funded by US government
KNOXVILLE, Tenn. (WATE) — Special education programs in Knox County Schools may be impacted by the recent executive order aimed at dismantling the Department of Education. While the department has sustained cuts in staff and funding, advocates for special education programs are left questioning what this means for Individualized Education Programs, or IEPs, that were funded by the department. While IEPs are protected under the Individuals with Disabilities Act, the Department of Education was responsible for overseeing, monitoring, and providing funding to schools for them. Knox County Schools told 6 News their commitment to serving students with IEPs remains the same, advocates for the program say they are concerned for its future under the federal government. End of USDA funding for fresh local produce hits Grainger County Schools 'We have an obligation to make sure that students have IEPs, that their IEPs are being followed, and we also have an obligation to make sure that the state and federal government are funding those programs and providing what they, by law, are required to provide to us,' said Knox County Board of Education member Katherine Bike. Bike said if federal funding for special education programs were to be reduced or taken away, the school district would not be able to financially support them on their own. 'With student supports and interventions, those cost money,' she said. 'Knox County alone cannot afford to pay those. They are hundreds of thousands of dollars and when you put it all together with students, it's millions of dollars.' According to Knox County Schools, 9,000 students benefit from some form of special education support each year. As a parent of two of those students, Cortney Piper, who is also a political contributor to WATE, said she is worried for her children's future. 'The uncertainty is almost crippling and it is very scary,' said Piper. US agency targeted for elimination provided vital funding to Beck Center, Zoo Knoxville Piper said two of her children benefit from IEPs and may not have gotten to where they are today in the classroom without them. 'I have seen an incredible, incredible progress, particularly with my son from kindergarten to where he is in second grade,' she said. 'Because he is receiving those supports and services, I've been able to see him progress in Knox County Schools. So, in addition to providing those academic support, those individualized education programs also provide support that helps children learn how to learn.' While the future of IEPs remains uncertain, Piper and board member Bike are urging the community to advocate for the program. 'I think it is important for everyone. Not just saying, 'well, the school will take a take care of it,' or, 'well, a school board member will take care of it.' But we really have to be diligent. Everyone has to be diligent in making sure that the standards are kept where they're at,' said Bike. ▶ See more top stories on In 2023 the Knox County Schools Board of Education passed a resolution to make KCS a model district for excellence in special education. Bikes told 6 News IEPs play a large role in making that happen, and she has prepared another resolution to be heard this April outlining what they are committed to do under state and federal law. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
24-02-2025
- Business
- Yahoo
Peloton Stock Has Soared 256% From Its 52-Week Low. Is It Too Late to Buy?
Peloton Interactive (NASDAQ: PTON) stock was a pandemic darling. It reached a record high of $162 at the end of 2020, on the back of surging sales for the company's at-home exercise equipment, which helped fitness enthusiasts stay active in the midst of lockdowns and social restrictions. But sales plummeted once social conditions returned to normal, which sent Peloton's losses skyrocketing. On a few occasions since 2022, there were even concerns that the company wouldn't survive, prompting a management shakeup and a major shift in strategy. Some of those changes are starting to bear fruit at the bottom line, and Peloton stock has recently soared by 256% from its 52-week low. However, with a stock price of just $9.63 as of this writing, it remains 94% below its record level from 2020. Is this the start of a long-term recovery, or will the recent upside fizzle out? At the beginning of 2022, Peloton appointed Barry McCarthy as CEO. He brought a wealth of experience from his time as an executive at Spotify and Netflix. His primary focus was securing Peloton's survival by dramatically cutting costs and creating new opportunities to generate revenue. During his two-year tenure (which ended in 2024), McCarthy slashed half of Peloton's workforce, offshored manufacturing for its exercise equipment, and tapped into new sales channels by listing products with third parties like Amazon and Dick's Sporting Goods. He also expanded Peloton's subscription business by creating a new app-based service for fitness enthusiasts who don't use the company's equipment. In fact, subscriptions now bring in more revenue than equipment sales. But, unfortunately, growth has stalled, with subscription revenue decreasing by 1% year over year during its fiscal 2025's second quarter (ended Dec. 31, 2024). Churn remains a problem -- the number of connected fitness subscribers shrank 4% during the quarter, to 2.88 million members. Paid app subscribers (those who don't own Peloton's hardware) plunged 19% to 579,000. Equipment revenue is shrinking at an even faster pace, declining by 20% during Q2 on the back of sluggish sales of flagship hardware products like the Bike, Tread, and Row. According to Peloton's guidance, its total revenue for fiscal 2025 is on track to come in at $2.4 billion. That would represent a drop of 9% from fiscal 2024, marking the fourth consecutive annual decline. This is a serious problem, and I'll explain why in a moment. Peloton's cost cuts continue to outpace the declines in its revenue, which is driving an improvement at the bottom line. For example, the company's revenue shrank by 3.5% during fiscal 2024, but operating expenses were down 18.2%. The company still lost $551.9 million on a GAAP (generally accepted accounting principles) basis, but that was a massive reduction from its $1.2 billion net loss in fiscal 2023. That trend continued in the first half of fiscal 2025. Peloton lost just $92.8 million for the six-month period, which was down from $354.1 million in the year-ago period. The improvement was driven by a 27.5% decrease in operating expenses, which outpaced the 5.9% drop in revenue. The picture looks even better from a non-GAAP perspective. After excluding one-off costs related to things like restructuring, and non-cash expenses like stock-based compensation, Peloton actually delivered $174.2 million in adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) during the first half of fiscal 2025. It isn't "true" profitability because of all the exclusions, but it suggests the company is moving in the right direction. However, management can't slash costs forever. Repeatedly cutting operating expenses like marketing and research and development hinders the company's ability to attract new customers and release new products, which risks placing its revenue in an irreversible downward spiral. So, while achieving profitability is important, it's not necessarily a huge positive if it's on the back of sharp cost cuts alone without any organic sales growth. Peloton stock currently trades at a price-to-sales (P/S) ratio of 1.3, which is more than triple where it was in mid-2024. It suggests investors are becoming more confident in the possibility of a positive outcome from this difficult period. However, Peloton's P/S ratio is at rock bottom compared to where it was a few years ago, which means this recovery might still have legs if the company continues turning things around. Still, no investor likes owning a shrinking business, and that's exactly what Peloton is right now. The company is in a relatively secure position because it's generating positive adjusted EBITDA, and it has $829 million in cash and equivalents on its balance sheet. However, it also has $948 million worth of debt which will have to be addressed in the future. My concern is that Peloton won't be able to deliver organic revenue growth from here, and it will eventually run out of costs to cut, which will lead to ballooning losses once again. Peloton's new CEO, Peter Stern, officially stepped into the job on Jan. 1. He most recently worked at Ford Motor Company, but he also spent six years as the Vice President of services at Apple, where he managed products like Apple TV and Apple Fitness. Hopefully, he can use his experience to build on McCarthy's work and chart a path back to growth. With that said, I suggest avoiding the stock until that moment comes. Before you buy stock in Peloton Interactive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Peloton Interactive wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $823,858!* Now, it's worth noting Stock Advisor's total average return is 917% — a market-crushing outperformance compared to 178% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of February 21, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Apple, Netflix, Peloton Interactive, and Spotify Technology. The Motley Fool has a disclosure policy. Peloton Stock Has Soared 256% From Its 52-Week Low. Is It Too Late to Buy? was originally published by The Motley Fool
