Planet Fitness Reports Q3 Revenue Growth, Updates Outlook
Planet Fitness reports a 5.3% increase in Q3 revenue, net income growth, and updated financial outlook for 2024. The fitness chain also opened 21 new clubs and raised its Classic Card membership pricing for the first time in 25 years.
Planet Fitness Enters New Bids for Blink Fitness Amid Bankruptcy Sale
Planet Fitness submits higher bids for Blink Fitness after losing a bankruptcy auction to PureGym, aiming to acquire Blink's 60 gym locations in New York and New Jersey. The outcome awaits a court review.
Planet Fitness Reports Strong Second Quarter 2024 Results
Discover Planet Fitness's 2024 outlook, including projections for new equipment placements, store openings, same-store sales growth, revenue growth, adjusted EBITDA, and net income. Learn about their financial expectations and expansion plans.
Planet Fitness Enters European Market with First Club in Spain
Planet Fitness expands into Europe with the opening of its first club in Sabadell, Spain, bringing its Judgement Free® fitness experience to a new international market. Discover more about Planet Fitness's strategic growth and what it offers.
Planet Fitness Announces Refinancing Transaction Plans
Planet Fitness, Inc. announces a refinancing transaction, including issuing new securitized debt and repaying existing notes. Learn about their financial strategy and plans for 2024.
Planet Fitness Invites Teens to Work Out for Free This Summer
Join Planet Fitness' High School Summer Pass program and let teens aged 14-19 work out for free this summer. Sign up starts June 1 at locations across the US and Canada.
Planet Fitness Raises Classic Membership Fee for First Time in Over Two Decades
Explore the latest updates from Planet Fitness as they announce a price increase for their classic membership to $15, marking the first change since 1998. Learn more about what this means for new members and the potential adjustments to the Black Card membership.
Planet Fitness Announces Appointment of Colleen Keating as Chief Executive Officer
Planet Fitness appoints Colleen Keating as new CEO, effective June 10, 2024. With over 30 years of experience, Keating's leadership is set to propel the company towards innovative growth. Learn more about her impact on Planet Fitness’s future.
Incident and Threats Highlight Debate Over Gym's Inclusive Policy
Explore the controversy surrounding Planet Fitness's inclusive locker room policy, sparking nationwide debate, boycott calls, and a recent bomb threat incident in Connecticut.
Empowerment in Every Stitch: Planet Fitness's Latest Collab with Megan Thee Stallion
Discover 'Thee Hottie Drop,' the latest collaboration between Planet Fitness and Megan Thee Stallion, blending style with a cause. Shop exclusive, empowering merch and support women's mental and physical wellness with every purchase.
Planet Fitness Unveils Growth Strategy and Financial Performance for Recent Quarter
Explore the latest financial achievements of Planet Fitness as it surpasses expectations with increased net income and strategic growth among Gen Z members. Learn about their innovative New Growth Model aimed at enhancing franchise flexibility and long-term sustainability.
Expanding Reach: Planet Fitness Connects Advertisers with Its Extensive Membership Base
Explore the impact of Planet Fitness's PF Media Network, a groundbreaking advertising solution that connects advertisers with a diverse membership base of over 18 million health-conscious consumers. Discover how this innovative platform leverages cutting-edge technology and industry insights to revolutionize fitness industry advertising.
Planet Fitness Teams Up with Megan Thee Stallion for 'Big Fitness Energy' Campaign
Discover Planet Fitness's new partnership with Megan Thee Stallion, featuring 'Big Fitness Energy™' workouts and exclusive merchandise for mental and physical wellness.
Planet Fitness Returns as Sponsor for Times Square's New Year Celebrations
Discover Planet Fitness's pivotal role as the returning presenting sponsor for the 2024 Times Square New Year's Eve celebration. Marking its ninth consecutive year, this partnership highlights the surge in fitness and health goals associated with the New Year. Explore how Planet Fitness's 'Judgement Free' philosophy and community-focused initiatives, like the Confetti Wishes project, resonate with the festive spirit of renewal.
Q3 2023 Marks Growth for Planet Fitness
Discover Planet Fitness's Q3 2023 Financial Results, Leadership Transition, and Future Outlook. Explore the company's strong performance, expansion, and updated growth expectations.
Stock Price Meltdown: Planet Fitness Hits 52-Week Low Amid Leadership Shake-Up
In the wake of the sudden departure of former CEO Chris Rondeau, Planet Fitness, Inc. is facing a challenging period of transition. The fitness chain appointed Craig Benson, a seasoned board member with political and franchise experience, as interim CEO, signaling a need for new leadership. However, this change in leadership sent shockwaves through Wall Street, causing Planet Fitness stock to plummet by as much as 16%, reaching a 52-week low.
Planet Fitness Announces Interim CEO Appointment Amidst Leadership Transition
Planet Fitness, Inc. (NYSE: PLNT) has announced a significant leadership change with Craig R. Benson, a member of the Board of Directors, taking on the role of Interim Chief Executive Officer. This move comes as part of a planned transition, resulting in the departure of Chris Rondeau as CEO. Rondeau will continue to serve on the Board of Directors and play an advisory role. The Board is also engaging an executive search firm to find a permanent CEO. The company looks ahead to its future, with Chairman Stephen Spinelli, Jr., expressing confidence in Benson's ability to lead during this transition.
US Wellness Industry Outlook 2023: A Growing Market with Health at the Forefront
Discover the Growth and Trends in the US Wellness Industry for 2023 - Redwood Advisors' Latest Report reveals the $328 billion market's expansion, driven by increased consumer focus on health post-COVID. Explore the booming nutrition, emotional well-being, and fitness sectors, as well as the shifting priorities of younger generations. Gain insights into opportunities for businesses and entrepreneurs in this thriving market.
How 3 million High School Students Transformed Their Summer With 14.5 Million Workouts
Discover how over 3 million high school students revolutionized their summer by logging an astounding 14.5 million workouts with Planet Fitness. Dive into the facts and figures behind this fitness phenomenon, highlighting the program's impact on teens' health and well-being. Explore why the High School Summer Pass is reshaping the future of adolescent fitness routines.
Planet Fitness Reports Q2 2023 Financial Results
Planet Fitness announces Q2 2023 financial results, highlighting growth in revenue, same-store sales, and net income. Despite external challenges, the company remains committed to its inclusive fitness approach. Learn more about their strong performance and adjusted growth outlook.