Bowflex

BowFlex Inc. assigned BFXXQ symbol on OTC Market

Retrieved on: 
Thursday, March 14, 2024
Fitness & Nutrition, Health, Common stock, United States bankruptcy court, Bankruptcy, Bowflex, OTC, Security (finance)

BowFlex Inc. (“BowFlex” or “the Company”) announced that its Common Stock has been assigned the symbol “BFXXQ” with respect to quotations on the over-the-counter (OTC) market, following its delisting from the New York Stock Exchange.

Key Points: 
  • BowFlex Inc. (“BowFlex” or “the Company”) announced that its Common Stock has been assigned the symbol “BFXXQ” with respect to quotations on the over-the-counter (OTC) market, following its delisting from the New York Stock Exchange.
  • The Company is under no obligation to develop or maintain a market in the common stock.
  • The Company cannot provide assurance that its common stock will trade on the OTC Market, that brokers will provide public quotes of the Company's common stock, or that a market for the Company's common stock will develop or be maintained.
  • Holders of common stock may not be able to sell or otherwise transfer such common stock.

BowFlex Inc. Files for Voluntary Chapter 11 Protection and Reaches Stalking Horse Agreement to Facilitate Sale

Retrieved on: 
Tuesday, March 5, 2024
Finance, Health, Consulting, Specialty, Banking, Professional Services, Fitness & Nutrition, Retail, Sidley Austin, FTI Consulting, Sale, Purchasing, Crystal, United States bankruptcy court, BFX, Johnson Health Tech, SLR, Bankruptcy, Bowflex, Partnership, Security (finance)

The DIP Facility is being provided by SLR pursuant to an amendment (the “Amendment”) to the Company’s existing Term Loan Credit Agreement with SLR dated November 30, 2022 (as amended, the “Credit Agreement”).

Key Points: 
  • The DIP Facility is being provided by SLR pursuant to an amendment (the “Amendment”) to the Company’s existing Term Loan Credit Agreement with SLR dated November 30, 2022 (as amended, the “Credit Agreement”).
  • “For decades, BowFlex has empowered healthier living and enabled consumers to reach their fitness goals with our innovative home fitness products and individualized connected fitness experiences.
  • The Asset Purchase Agreement with the Stalking Horse Bidder (the “Stalking Horse Asset Purchase Agreement”) provides for standard bid protections.
  • FTI Consulting, Inc. and FTI Capital Advisors LLC have been retained as financial advisor and investment banker to BowFlex to manage the sale and auction process.

Connected Gym Equipment Market to grow by USD 4.23 billion from 2023-2028, North America to contribute 34% to the growth - Technavio

Retrieved on: 
Tuesday, February 6, 2024
Internet, Growth, Life Fitness, USD, Fitness, Challenge, Government, Nutrition, Commercial, Bowflex, Risk, Smartphone, Circulatory system, Health, Organization

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The global connected gym equipment market size is estimated to grow by USD 4.23 billion from 2023 to 2028, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The global connected gym equipment market size is estimated to grow by USD 4.23 billion from 2023 to 2028, according to Technavio.
  • North America, particularly the US, leads the connected gym equipment market, fueled by widespread smartphone adoption and internet penetration.
  • These factors contribute to the region's significant adoption of connected gym equipment, with continued growth expected in the forecast period.
  • Increasing smartphone penetration worldwide, along with the rising demand for connected gym services, are key drivers propelling the connected gym equipment market.

Best Exercise Bike Black Friday Deals (2023): Top Early Recumbent, Upright & More Stationary Bike Deals Rounded Up by Spending Lab

Retrieved on: 
Tuesday, November 21, 2023
Online Retail, Retail, Health, Home Goods, Fitness & Nutrition, Specialty, Exercise, Bowflex, SoulCycle, Schwinn Bicycle Company, Black Friday, NordicTrack, Pro-form

A guide to the top early exercise bike deals for Black Friday 2023, featuring the top offers on stationary, upright, recumbent, indoor cycling and more bikes from BowFlex, Proform, Equinox SoulCycle, Schwinn, NordicTrack, and more. Links to the best deals are listed below.

Key Points: 

A guide to the top early exercise bike deals for Black Friday 2023, featuring the top offers on stationary, upright, recumbent, indoor cycling and more bikes from BowFlex, Proform, Equinox SoulCycle, Schwinn, NordicTrack, and more. Links to the best deals are listed below.

Treadmill Black Friday Deals (2023): Early NordicTrack, Horizon, Sole, Bowflex & Echelon Deals Revealed by Consumer Articles

Retrieved on: 
Wednesday, November 15, 2023
Retail, Home Goods, Fitness & Nutrition, Health, Bowflex, Walmart, Black Friday, Echelon, NordicTrack

Black Friday 2023 experts are identifying the best early treadmill deals for Black Friday 2023, including the best offers on incline treadmills, walking pads, foldable and compact treadmills, and smart home gym treadmills from Horizon, Sole, NordicTrack, Echelon, Bowflex, Walmart and more.

Key Points: 
  • Black Friday 2023 experts are identifying the best early treadmill deals for Black Friday 2023, including the best offers on incline treadmills, walking pads, foldable and compact treadmills, and smart home gym treadmills from Horizon, Sole, NordicTrack, Echelon, Bowflex, Walmart and more.
  • Links to the best deals are listed below.

BowFlex Inc. Reports Second Quarter Fiscal 2024 Results

Retrieved on: 
Tuesday, November 14, 2023
Retail, Health, Technology, Fitness & Nutrition, Mobile, Wireless, Specialty, Hardware, Trade, EBITDA, Webcast, Absorption, Feedback, Acquisition, NYSE, Balance sheet, Strength, Motion, Income tax, Advertising, All Access Europe, Investment, Comparison, Cardio, Tax, Public expenditure, PPT, Member, Marketing, Machine learning, Capital, Bowflex, Capital expenditure, Adjustment, Forecasting, Operating cost, BFX, VAY, Growth, Subscription business model, IOS, Lender option borrower option, Environment, Rare-earth element, Music, Aquaculture, Reinsurance, Bookkeeping, Cryptocurrency, Pharmaceutical industry, Mobile phone, Video game, Health care, Android

BowFlex Inc. (NYSE: BFX) today reported its unaudited operating results for the fiscal 2024 second quarter ended September 30, 2023.

Key Points: 
  • BowFlex Inc. (NYSE: BFX) today reported its unaudited operating results for the fiscal 2024 second quarter ended September 30, 2023.
  • Fiscal 2024 Second Quarter Ended September 30, 2023 Compared to September 30, 2022
    Direct segment sales were $20.7 million, compared to $24.5 million, a decline of 15.3% versus the same period in 2022.
  • The increase in inventory in the second quarter of fiscal 2024 versus the fiscal year ended March 31, 2023 was driven by inventory purchases in anticipation of our busy season, which occurs in the third and fourth quarters of our fiscal year.
  • The increase in trade receivables was due to increased Retail sales offset by cash collection efforts in the second quarter of fiscal 2024.

Nautilus, Inc. Rebrands as BowFlex Inc.

Retrieved on: 
Wednesday, November 1, 2023
Fitness & Nutrition, Health, NYSE, Schwinn Bicycle Company, Exercise, NLS, Multimedia, Bowflex, Nautilus, Inc., BFX, Investment, Movement, New York Stock Exchange, Online shopping, Nautilus

Today, Nautilus, Inc. becomes BowFlex Inc. (NYSE: BFX), adopting a name synonymous with home fitness for nearly 40 years.

Key Points: 
  • Today, Nautilus, Inc. becomes BowFlex Inc. (NYSE: BFX), adopting a name synonymous with home fitness for nearly 40 years.
  • The BowFlex Max Trainer SE and the BowFlex IC Bike SE feature intuitive design and features that help customers experience the joy that comes with movement.
  • Finally, the company’s JRNY adaptive fitness membership offers a personalized, connected fitness experience when paired with compatible BowFlex and Schwinn products.
  • To learn more about BowFlex Inc. and the BowFlex, Schwinn, and JRNY brands, products, and connected fitness experiences, visit https://www.bowflex.com .

Treadmill Black Friday Deals 2023: Early Smart, Home Gym, Compact, Foldable & Incline Treadmill Sales Published by Retail Fuse

Retrieved on: 
Tuesday, October 31, 2023
Online Retail, Consumer Electronics, Retail, Health, Technology, Home Goods, Fitness & Nutrition, Pro-form, Attention, Johnson Health Tech, Weather, Fuse, Bowflex, Walmart

Retail Fuse earns commissions from purchases made using the links provided.

Key Points: 
  • Retail Fuse earns commissions from purchases made using the links provided.
  • Regular treadmill use can contribute to improved cardiovascular health, weight management, and enhanced endurance.
  • Black Friday, falling on November 24th this year, heralds a wave of anticipated discounts and promotions across various product categories.
  • Treadmills, in particular, stand out as a popular choice for consumers seeking to maintain an active lifestyle from the comfort of their homes.

BowFlex Celebrates Holiday Season with Transformative New Products

Retrieved on: 
Tuesday, October 24, 2023
Retail, Health, Apps, Applications, Technology, Fitness & Nutrition, Specialty, General Health, Holiday, Heart rate, Family, Exercise, Engineering, Multimedia, Bowflex, Sensation, C6, Movement, Philosophy

View the full release here: https://www.businesswire.com/news/home/20231024026425/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231024026425/en/
    BowFlex is launching two new products for the holidays: the BowFlex Max Trainer SE and the BowFlex IC Bike SE.
  • The BowFlex Max Trainer SE and the BowFlex IC Bike SE are now available for pre-order at bowflex.com .
  • BowFlex is also building on the success of its C6 indoor cycling bike with the new BowFlex IC Bike SE.
  • We heard that people find fans are a little noisy, so we took that off the BowFlex Max Trainer SE.

Nautilus, Inc. Announces Plans to Change Corporate Name to BowFlex Inc.

Retrieved on: 
Thursday, October 19, 2023
Health, Sports, Manufacturing, Fitness & Nutrition, Other Manufacturing, General Sports, Bowflex, Sale, Movement, NYSE, 3D printing, Management, Nautilus, Polaris

Nautilus, Inc. (NYSE: NLS) announced today plans to change its corporate name to BowFlex Inc., reflecting a focus on the Company’s strongest consumer brand, and continued execution of its growth transformation strategy, North Star.

Key Points: 
  • Nautilus, Inc. (NYSE: NLS) announced today plans to change its corporate name to BowFlex Inc., reflecting a focus on the Company’s strongest consumer brand, and continued execution of its growth transformation strategy, North Star.
  • “In the last few decades, BowFlex has become a powerful brand in our portfolio, recognized for quality and innovative strength and cardio equipment,” commented Jim Barr, Chief Executive Officer and Director.
  • “Our new corporate identity better represents our unique position in connected at-home fitness equipment and reinforces our focus to help people build inner and outer strength.
  • “As BowFlex Inc., we remain committed to our shareholders, our partners, our customers and our employees,” added Aina Konold, Chief Financial Officer.