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Planet Fitness Inc - PLNT STOCK NEWS

Welcome to our dedicated news page for Planet Fitness (Ticker: PLNT), a resource for investors and traders seeking the latest updates and insights on Planet Fitness.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Planet Fitness's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Planet Fitness's position in the market.

News
PLANET FITNESS, INC. TO REPORT FIRST QUARTER 2024 RESULTS ON MAY 9, 2024
Rhea-AI Summary
Planet Fitness, Inc. (PLNT) is set to announce its first-quarter 2024 financial results on May 9, 2024. The company will host a conference call to discuss the results on the same day. Investors can access the live webcast or a digital recording of the call. Details for participation and accessing the replay are provided in the press release.
Rhea-AI Impact
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End-of-Day
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conferences earnings
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News
Planet Fitness Names Colleen Keating Chief Executive Officer
Rhea-AI Summary
Planet Fitness appoints Colleen Keating as Chief Executive Officer, with Craig Benson remaining on the Board of Directors. Keating brings extensive experience in hospitality, real estate, and franchise management, aiming to drive growth and operational efficiency.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.88%
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none
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News
Mayfair Capital Partners Acquires Baseline Fitness
Rhea-AI Summary
Mayfair Capital Partners, a division of Oxford Financial Group, has acquired Baseline Fitness LLC, a leading franchisee in the Planet Fitness system with 100 locations. The investment closed on February 2, 2024, with terms undisclosed. Baseline Fitness aims to grow from 100 to over 150 locations in the next few years under Mayfair's ownership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
acquisition
News
Planet Fitness Chief Financial Officer Tom Fitzgerald to Retire
Rhea-AI Summary
Planet Fitness, Inc. announced the retirement of CFO Tom Fitzgerald, initiating a search for a new CFO. Fitzgerald's 40-year career in finance and executive leadership has been instrumental in the company's growth and navigating the COVID-19 impact. The company reported fourth-quarter 2023 results, emphasizing continued focus on strategic and financial objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.28%
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none
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News
Planet Fitness, Inc. Announces Fourth Quarter and Year-End 2023 Results
Rhea-AI Summary
Planet Fitness (PLNT) reports a strong financial performance for the fiscal year 2023 with a system-wide same store sales increase of 8.7% and a membership growth of 1.7 million. The company opened 165 new stores in 2023, aiming for a total store opportunity of 5,000 in the U.S. The adjusted EBITDA grew by 19.0% to $435.4 million, and the adjusted net income increased by 34.0% to $199.0 million. The company expects further growth in 2024 with revenue, EBITDA, net income, and earnings per share all projected to increase.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.28%
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none
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News
/C O R R E C T I O N -- Planet Fitness, Inc./
Rhea-AI Summary
Planet Fitness, Inc. reported strong financial results for the fourth quarter and year-end 2023, with total revenue increasing by 14.4% to $1.1 billion. The company opened 165 new stores in 2023 and achieved a system-wide same store sales growth of 8.7%. Adjusted EBITDA increased by 19.0% to $435.4 million, showing a positive outlook for 2024 with revenue expected to increase by 6% to 7% and adjusted EBITDA by 10% to 11%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.28%
Tags
none
News
PLANET FITNESS, INC. TO REPORT FOURTH QUARTER 2023 RESULTS ON FEBRUARY 22, 2024
Rhea-AI Summary
Planet Fitness, Inc. (PLNT) will report its Q4 2023 financial results on February 22, 2024, followed by a conference call. A webcast and digital recording will be available for investors unable to participate in the live call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
conferences earnings
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News
Planet Fitness Announces Key Year-End Metrics
Rhea-AI Summary
Planet Fitness, Inc. (PLNT) reports a membership growth of 1.7 million since the end of 2022, with a full year system-wide same store sales increase of 8.7%. The company opened 165 new stores and placed equipment in 135 new franchised locations. The company plans to discuss its operating metrics in a fireside chat at the ICR Conference on January 9, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.67%
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none
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News
PLANET FITNESS, INC. ANNOUNCES UPCOMING CONFERENCE PARTICIPATION
Rhea-AI Summary
Planet Fitness, Inc. (PLNT) to participate in ICR Conference 2024 with a fireside chat presentation on January 9, 2024, at 1:00 p.m. Eastern Time. A live webcast will be available on the investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
conferences
News
Planet Fitness, Inc. Announces Third Quarter 2023 Results
Rhea-AI Summary
Planet Fitness, Inc. reported a 13.6% increase in total revenue for the third quarter, with an 8.4% growth in system-wide same store sales. The company ended the quarter with over 18.5 million members and opened 26 new stores, bringing the total to 2,498 locations. The 2023 outlook includes expectations of revenue increasing by approximately 14% and Adjusted EBITDA by 18%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.41%
Tags
earnings
Stock PLNT logo
Planet Fitness Inc

NYSE:PLNT

PLNT Rankings

#1169 Ranked by Market Cap
#3168 Ranked by Stock Gains
N/A Ranked by Dividends

PLNT Stock Data

5.40B
75.28M
0.32%
112.75%
6.34%
Theater Companies and Dinner Theaters
Arts, Entertainment, and Recreation
Link
US
Hampton

About PLNT

planet fitness isn’t your typical gym. sure, we have tons of the latest cardio and strength equipment, free weights, super clean locker rooms and unlimited fitness training. but we offer all that for just $10 a month. in a judgement free zone®. what’s a judgement free zone®? we do everything possible so that when you step inside any one of our 800 clubs, you feel at home. because we believe that everyone should have a place to work out where they can relax, go at their own pace and never have to worry about pressure or judgement. welcome to planet fitness. you belong. planet fitness is one of the most successful and fastest growing fitness franchises in the country. and it just so happens the hometown of our corporate headquarters frequently ranks on “best places to live” lists. if you’re interested in helping make this planet even stronger, check out job listings here - https://www.planetfitness.com/careers.aspx.