Planet Fitness

Planet Fitness, Inc. engages in the operation and franchising of fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia. The Corporate-Owned Stores segment comprises operations with respect to all Corporate-owned stores throughout the United States and Canada. The Equipment segment involves the sale of equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Hampton, NH.

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Planet Fitness reports record growth in Q4 2022, eyes international expansion

Planet Fitness delivered a strong performance in Q4 2022, with record membership growth, positive financial indicators, and a focus on digital engagement and member retention. Despite challenges like rising construction costs and evolving member preferences, the company remains optimistic about future growth prospects, aiming to double membership and expand globally.

Planet Fitness excels in Q1, eyes international growth opportunities

Planet Fitness demonstrated robust performance in Q1, driven by membership growth and strategic investments.
While facing challenges like higher interest rates and margin impacts, the company remains resilient and focused on growth opportunities.
With a strong emphasis on international expansion and member engagement, Planet Fitness is poised for continued success.

Planet Fitness reports robust Q2 performance amidst franchisee challenges

Planet Fitness delivered a strong Q2 performance with notable membership growth and improved member retention. While facing challenges in store development and franchisee profitability, the company is focused on supporting franchisees and exploring growth avenues. Opportunities lie in expanding internationally and enhancing store economics.

Planet Fitness excels in Q3 with new growth strategies

Planet Fitness showcased robust growth in Q3 2023, driven by strong membership numbers and financial performance.
The company's new growth model aims to optimize store economics and enhance returns for franchisees.
Despite challenges in store development, Planet Fitness is exploring opportunities to innovate pricing and marketing strategies for sustained growth.

Planet Fitness reports robust growth and strategic expansion plans

Planet Fitness delivered strong financial results and strategic initiatives in 2023, positioning the company for continued growth and market expansion.
While facing challenges in real estate and pricing optimization, the brand's adaptability and focus on member experience present opportunities for future success.
With a diverse member base, international expansion plans, and ongoing innovation, Planet Fitness remains well-positioned in the fitness industry.
The company's proactive approach to addressing market dynamics and enhancing franchisee economics underscores a commitment to sustainable growth.

Planet Fitness reports strong Q1 performance and strategic growth focus

Planet Fitness reported strong Q1 2024 performance with notable member growth and EBITDA increases. Challenges in net new member growth and marketing impact were acknowledged.
The company's strategic decisions on pricing adjustments and debt refinancing demonstrate adaptability. New CEO's appointment and marketing strategy review indicate a focus on future growth.
Opportunities in pricing adjustments, marketing strategy reallocation, and international expansion efforts in Spain are key focus areas. Franchisee sophistication and positive test results provide a strong foundation for growth.
Overall, Planet Fitness remains well-positioned for growth with a focus on strategic decision-making, marketing effectiveness, and international expansion opportunities.

Planet Fitness excels in Q2, eyes growth through strategic focus

Planet Fitness delivered strong financial performance in Q2 with notable growth in stores, sales, revenue, and EBITDA.
The company's leadership is strategically focused on growth, member experience, and profitability.
Challenges lie in maintaining growth momentum, managing costs, and navigating pricing strategies.
Opportunities exist in leveraging leadership expertise, exploring pricing tests, expanding store footprint, and optimizing equipment mix.

Planet Fitness reports strong Q3 performance and eyes growth opportunities

Planet Fitness (PLNT) delivered a robust performance in Q3 2024, showcasing growth in sales, revenue, and adjusted EBITDA, along with a membership increase to 19.6 million.
The company's strategic imperatives focus on brand strategy, member experience enhancement, and new club growth, supported by a new CFO emphasizing collaboration.
While challenges like member churn and pricing strategies exist, Planet Fitness has opportunities in expanding engagement programs, international markets, and product refinement.
Overall, Planet Fitness demonstrates strength in its business model, leadership transition, and potential for growth amidst competitive challenges in the fitness industry.

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Gyms are a unique investment angle on the economic reopening, and one analyst gave investors the green light to buy Planet Fitness Inc (NYSE:PLNT) on Tuesday. The Planet Fitness Analyst: Morgan Stanley analyst Brian Harbour initiated coverage of Planet Fitness with an Overweight rating and $93 price target.

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Planet Fitness (PLNT) second-quarter 2021 results reflect solid performances in the Franchise, Corporate-owned Stores and Equipment segments.

Planet Fitness (PLNT) Q2 Earnings Miss Estimates, Stock Down

Planet Fitness Inc (NYSE: PLNT) reported second-quarter FY21 sales growth of 241% year-on-year, to $137.3 million, beating the analyst consensus of $127.2 million. Franchise segment revenue increased 246.9% Y/Y, Corporate-owned stores gained 330.8%, and the Equipment segment grew 142.8%.

Planet Fitness Stock Falls On Mixed Q2 Results, Weak FY21 Outlook

Planet Fitness, Inc. (PLNT) CEO Christopher Rondeau on Q2 2021 Results - Earnings Call Transcript

Planet Fitness (PLNT) delivered earnings and revenue surprises of -4.55% and 11.70%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Planet Fitness (PLNT) Lags Q2 Earnings Estimates

Shares of Planet Fitness (NYSE:PLNT) decreased in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 165.62% over the past year to $0.21, which missed the estimate of $0.23.

Recap: Planet Fitness Q2 Earnings

HAMPTON, N.H., Aug. 9, 2021 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, today announced that it has signed a franchise agreement with Fitness Para Todos,  S.

Planet Fitness To Expand Global Footprint In Mexico

HAMPTON, N.H., Aug. 9, 2021 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its second quarter ended June 30, 2021.

Planet Fitness, Inc. Announces Second Quarter 2021 Results

Planet Fitness's (PLNT) second-quarter 2021 results are likely to reflect the reinforcement of gym-going across the country. However, coronavirus-related disruptions still raise concerns.

What's in Store for Planet Fitness (PLNT) in Q2 Earnings?

COVID-19, while devastating, is an opportunity for Planet Fitness to emerge as a faster-growing, more established player, just as it did in 2008. Even in the face of growing e-fitness trends, Planet Fitness is poised to gain extensively, with the potential to double by the end of 2022.

Planet Fitness Appears Expensive, But Still Has Potential To Double

HAMPTON, N.H., July 22, 2021 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its second quarter ended June 30, 2021, after the market closes on Monday, August 9, 2021.

Planet Fitness, Inc. to Report Second Quarter 2021 Results on August 9, 2021

Fitness center name Planet Fitness, Inc. (NYSE:PLNT) is inching higher today, up 0.3% at $73.78 at last check.

Covid-19 Impact Still Weighing Heavy on Planet Fitness Stock

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Is Planet Fitness a Good Buy in 2021?

HAMPTON, N.H., June 9, 2021 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. with more members than any other fitness brand, announced that Sherrill Kaplan has been appointed Chief Digital Officer.

Planet Fitness Appoints Sherrill Kaplan Chief Digital Officer

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Why Planet Fitness Is Poised for Post-Pandemic Success

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News for Planet Fitness Stock (PLNT)