Pros
The company's president has deep industry experience and has handled Covid and the accompanying gym industry hit and US political polarizations with frequent, honest all company communication meetings to address employee concerns. All actions taken truly seemed targeted at doing the best it could for its employees. The company has recently been purchased by Peloton and while early strategic changes will be challenging, they look to have great potential as the company is in a much better position to pursue growth than it has been in decades.
Kontras
The commercial gym industry has been hit hard by Covid. Precor is now part of Peloton, a much more growth oriented and aggressive owner. Precor will need to adapt quickly in order to meet new measures of success.