When Soul Cycle goes dark... Peloton's sales surged 172% and it snagged a quarterly profit (must've been a Beyoncé workout). As wealthy consumers scrambled to bring a piece of Equinox into their homes, Peloton's $2K spin bikes and $4K treadmills sprinted out of factories. Also: the average number of workouts per month more than doubled. Peloton doesn't expect to return to normal delivery times any time soon — it's expecting even bigger sales growth this quarter.
Hollister's sportier cousin... Remember American Eagle? We're guessing "no" — your forgotten middle-school mall favorite saw sales fall 26% last quarter. But AE's teen-centric loungewear brand Aerie had a 32% sales jump as hoodies and bralettes flew off virtual shelves. Digital sales doubled for Aerie thanks to in-app shopping (websites are sooo 2019). Until COVID hit, Aerie had 21 straight quarters of double-digit sales growth. AE stock soared 8% last week as Aerie returned to double-digit growth after a quarter off.