Wahoo on the ropes?

[figbat]

https://road.cc/content/news/wahoos-credit-rating-downgraded-over-financial-concerns-298761?amp

I do hope not - they are almost universally praised for customer support and their devices are generally liked.

 

[geocycle]

I hope not as well. I really like the simplicity of the element bolt for my usage. They have been the classic disrupter and may have spurred innovation from the market leader. Fingers crossed for them.

 

[Alex321]

I hope not too, but our rating score of them has only fallen slightly, with them staying in the same band.

But having said that, of the countries we operate in, we probably have the weakest financial data for the US.

 

[Jameshow]

Not surprising after the covid windfall they must have had.
Hopefully they can weather the cost of living crisis.

 

[mustang1]

Wahoo have good, reliable products which are simple to use and have just the right amount of functionality. I really hope they can get funding/restructuring to see them through this.

 

[Cycleops]

This downturn in the economy is going to rattle through a number of leisure related firms and their products like a dose of salts, this is just the start unfortunately