The Beachbody Company Evolves Core Business Model with Updated Omnichannel Approach Focused on Accelerating Path to Profitable Growth
The Beachbody Company, Inc. Class A (BODI)
Company Research
Source: Business Wire
Reduces costs, broadens distribution channels, and is expected to lower revenue break-even point1 by approximately ~47%Transitions from MLM to a single-level Affiliate Program, launching Nov 1, 2024Expands its current direct-to-consumer, Amazon, and partnership-driven sales channelsExpects to significantly improve revenue break-even point, decreasing from less than $430 million in annual revenue to less than $225 millionReduces its workforce by approximately 33 percent, anticipating overhead savings of $54 million on an annualized run-rate basis EL SEGUNDO, Calif.--(BUSINESS WIRE)--The Beachbody Company, Inc. (NYSE: BODI) (or “the Company” or “BODi”), a leading fitness and nutrition company, today announced the evolution of its core business model with an omnichannel sales channel approach that will streamline operations and better position the Company for future profitable growth. As a result of this restructuring, BODi will reduce costs, broaden its distribution channels, and sig
Show less
Read more
Impact Snapshot
Event Time:
BODI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BODI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BODI alerts
High impacting The Beachbody Company, Inc. Class A news events
Weekly update
A roundup of the hottest topics
BODI
News
- The Beachbody Company, Inc. (NYSE: BODI) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $12.00 price target on the stock.MarketBeat
- The Beachbody Co Inc (BODI) Q3 2024 Earnings Call Highlights: Strategic Transition and ... [Yahoo! Finance]Yahoo! Finance
- The Beachbody Company GAAP EPS of -$1.75 misses by $0.19, revenue of $102.2M misses by $2M Nov. 12, 2024 5:21 PM ET By: Mary Christine Joy , SA News Editor [Seeking Alpha]Seeking Alpha
- Beachbody (BODi) Reports Third Quarter Financial Results [Yahoo! Finance]Yahoo! Finance
- Beachbody (BODi) Reports Third Quarter Financial ResultsBusiness Wire
BODI
Earnings
- 11/12/24 - Beat
BODI
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- BODI's page on the SEC website