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
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BODI
News
- BODi Introduces "Belle Vitale" from Autumn Calabrese – The Comprehensive 12-Week Lifestyle Program for Women's Hormone Health [Yahoo! Finance]Yahoo! Finance
- BODi Introduces “Belle Vitale” from Autumn Calabrese – The Comprehensive 12-Week Lifestyle Program for Women’s Hormone HealthBusiness Wire
- WW International Stock Surges 67% in 3 Months: Is it Too Late to Buy? [Yahoo! Finance]Yahoo! Finance
- 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
BODI
Earnings
- 11/12/24 - Beat
BODI
Sec Filings
- 12/18/24 - Form 424B3
- 12/18/24 - Form 424B3
- 12/18/24 - Form 8-K
- BODI's page on the SEC website