Interactive Strength Announced Exclusive Distribution for CLMBR in Germany and Receives Six-Figure Initial Order
Portfolio Pulse from charles@benzinga.com
Interactive Strength Inc. (NASDAQ:TRNR) has secured exclusive distribution rights for its CLMBR fitness equipment in Germany and received a six-figure initial order, expected to ship in Q3 2024. Germany is the largest fitness market outside the US.
July 30, 2024 | 11:07 am
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Interactive Strength Inc. (NASDAQ:TRNR) has secured exclusive distribution rights for its CLMBR fitness equipment in Germany and received a six-figure initial order, expected to ship in Q3 2024. This move positions TRNR in the largest fitness market outside the US, potentially boosting revenues and market presence.
The exclusive distribution agreement and the six-figure initial order in Germany, the largest fitness market outside the US, are likely to positively impact TRNR's revenues and market presence. The shipment expected in Q3 2024 indicates a future revenue stream.
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