Consumer feedback guided design with a compact
footprint, greater decline/incline range, and more workout
experiences
Nautilus, Inc. (NYSE: NLS), the home fitness innovator for over
30 years, has elevated the elliptical category. And they’ve done it
with help from their customers. The design of the new Schwinn® 490
Elliptical responds to customers’ requests for size, comfort,
control, and workout capabilities in this type of trainer. The
result is an elliptical that improves the workout experience and,
more importantly, comes at a wallet-friendly price point.
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The new Schwinn® 490 Elliptical features
a compact footprint and comprehensive, connected fitness
experience. Credit: Nautilus, Inc.
The new elliptical has the durability that consumers love about
Schwinn, updated to meet today’s customer demands. The Schwinn® 490
Elliptical has a space-saving footprint that’s 12 inches smaller
than that of its predecessor, the Schwinn 470, to better suit home
spaces that serve multiple purposes. Ergonomic updates make foot
and hand placement more comfortable and give users fingertip
control of their workouts, including adjusting the incline from a 5
percent decline to a 15 percent incline. JRNY® adaptive fitness app
compatibility gives users even more workout options with hundreds
of scenic Explore the World Routes, trainer-led classes, and “Just
for You” personalized workout recommendations that evolve with your
progress.
“Our research shows most people who exercise do so at home, and
home workouts are here to stay. Now that they are comfortable and
confident in their home workouts, they’re ready to expand their
healthy routines,” said Jim Barr, CEO, Nautilus, Inc. “It’s only
fitting that we give them more modalities to choose what will help
them stay motivated to move. The Schwinn® 490 Elliptical is
designed to level up their cardio experience and fit easily into
their home and budget, so they can feel good about their investment
in their health.”
More than 80 percent of people surveyed who said they work out
said they do so at home in some form, and 44 percent of them said
working out at home would be a better experience with a wider
variety of equipment.1
“Guided by our understanding of what customers want in a cardio
experience, our engineering team rose to the challenge of designing
an innovative, space-saving elliptical machine without skimping on
quality or performance,” said Gregg Wilson, Senior Cardio Product
Manager, Nautilus, Inc. “Then we added features, refined
ergonomics, and Bluetooth compatibility with apps like JRNY, so
that customers can choose their challenge –– or truly escape into
their favorite scenic destination.”
The Schwinn® 490 Elliptical is the brand’s top-tier trainer,
offering the premium quality and smooth stride users expect in an
efficient, low-impact workout, now enhanced by Terrain Control
Technology that automatically adjusts resistance with elevation
changes in your ride when you experience select Explore the World
workouts in the JRNY® platform. Improved design and placement of
the elliptical controls make mounting, dismounting, and operation
inclusive and intuitive for users. A built-in media shelf for a
tablet or phone makes it easy to explore new and personalized JRNY®
workouts.
Schwinn® 490 Elliptical Features
The Schwinn® 490 elliptical is compatible with the JRNY® fitness
app (available for iOS and Android devices), which affords access
to all that the JRNY® adaptive fitness membership has to offer,
including access to hundreds of scenic Explore the World routes,
JRNY® radio, and trainer-led workouts, as well as the Zwift®
app.
Additional features include:
Choice: Connectivity to JRNY® app including personalized
workout recommendations; Bluetooth connectivity for speakers, smart
devices, and heart rate monitors; 25 levels of resistance;
adjustable in-workout to -5 percent decline and 15 percent
incline
Comfort: 20-inch ergonomic-friendly stride that doesn’t
feel like straddling; wide, narrow and fixed handrail and grip
options; mounting step makes it easy to get on/off the machine
Convenience: Compact, 58-inch-long footprint;
easy-to-reach media shelf
The Schwinn® 490 Elliptical ($1,299 MSRP) is available for
purchase online at SchwinnFitness.com and at select retailers
including Amazon and select Nebraska Furniture Mart, Scheels and
Play It Again Sports locations.
For a limited time, new JRNY® customers will receive a two-month
free trial. Following the free trial, members can subscribe for $99
per year ($11.99/month) to access JRNY® workouts compatible with
the Schwinn® 490 Elliptical on their mobile device or tablet.
About JRNY® Adaptive Fitness Membership
The JRNY® adaptive fitness membership offers personalized cardio
and whole-body workouts that evolve as you do, starting at $11.99
per month. It learns with each use by assessing your fitness level
and recommending workouts based on your abilities, available time,
mood, and more. With streaming entertainment, an ever-growing
library of whole-body workout content, and real-time coaching, this
fitness experience works seamlessly with compatible equipment and
on your mobile device or tablet. For more information about the
JRNY® adaptive fitness membership, please visit:
https://www.jrny.com.
About Nautilus, Inc.
Nautilus, Inc. (NYSE:NLS) is a global leader in digitally
connected home fitness solutions. The Company’s brand family
includes BowFlex®, Nautilus®, Schwinn®, and JRNY®, its digital
fitness platform. With a broad selection of exercise bikes, cardio
equipment, and strength training products, Nautilus, Inc. empowers
healthier living through individualized connected fitness
experiences, and in doing so, envisions building a healthier world,
one person at a time.
Headquartered in Vancouver, Washington, the company’s products
are sold direct to consumer on brand websites and through retail
partners and are available throughout the U.S. and internationally.
Nautilus, Inc. uses the investor relations page of its website
(www.nautilusinc.com/investors) to make information available to
its investors and the market.
Forward-Looking Statements
This press release includes forward-looking statements
(statements which are not historical facts) within the meaning of
the Private Securities Litigation Reform Act of 1995, including:
projected, targeted or forecasted financial, operating results and
capital expenditures, including but not limited to net sales growth
rates, gross margins, operating expenses, operating margins,
anticipated demand for the Company's new and existing products,
statements regarding the Company's prospects, resources or
capabilities; planned investments, strategic initiatives and the
anticipated or targeted results of such initiatives; the effects of
the COVID-19 pandemic on the Company’s business; and planned
operational initiatives and the anticipated cost-saving results of
such initiatives. All of these forward-looking statements are
subject to risks and uncertainties that may change at any time.
Factors that could cause Nautilus, Inc.’s actual expectations to
differ materially from these forward-looking statements also
include: weaker than expected demand for new or existing products;
our ability to timely acquire inventory that meets our quality
control standards from sole source foreign manufacturers at
acceptable costs; risks associated with current and potential
delays, work stoppages, or supply chain disruptions, including
shipping delays due to the severe shortage of shipping containers;
an inability to pass along or otherwise mitigate the impact of raw
material price increases and other cost pressures, including
unfavorable currency exchange rates and increased shipping costs;
experiencing delays and/or greater than anticipated costs in
connection with launch of new products, entry into new markets, or
strategic initiatives; our ability to hire and retain key
management personnel; changes in consumer fitness trends; changes
in the media consumption habits of our target consumers or the
effectiveness of our media advertising; a decline in consumer
spending due to unfavorable economic conditions; risks related to
the impact on our business of the COVID-19 pandemic or similar
public health crises; softness in the retail marketplace;
availability and timing of capital for financing our strategic
initiatives, including being able to raise capital on favorable
terms or at all; changes in the financial markets, including
changes in credit markets and interest rates that affect our
ability to access those markets on favorable terms and the impact
of any future impairment. Additional assumptions, risks and
uncertainties are described in detail in our registration
statements, reports and other filings with the Securities and
Exchange Commission, including the “Risk Factors” set forth in our
Annual Report on Form 10-K, as supplemented by our quarterly
reports on Form 10-Q. Such filings are available on our website or
at www.sec.gov. You are cautioned that such statements are not
guarantees of future performance and that our actual results may
differ materially from those set forth in the forward-looking
statements. We undertake no obligation to publicly update or revise
forward-looking statements to reflect subsequent developments,
events, or circumstances.
1All cited figures are from a survey conducted by YouGov Plc on
behalf of Nautilus, Inc. Total sample size was 2,407 adults. The
figures have been weighted and are representative of all US adults
(18+). Fieldwork was undertaken between January 23-25, 2023.
Participants completed the survey online.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230919120195/en/
Investor Relations: John Mills ICR, LLC 646-277-1254
John.Mills@icrinc.com
Media: John Fread Nautilus, Inc. 360-859-5815
jfread@nautilus.com
Alexa Weber Action Mary 425-760-6590
alexa.weber@actionmary.com
Grafico Azioni Nautilus (NYSE:NLS)
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Grafico Azioni Nautilus (NYSE:NLS)
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