Welcome to our dedicated page for Planet Fitness news (Ticker: PLNT), a resource for investors and traders seeking the latest updates and insights on Planet Fitness stock.
Planet Fitness, Inc. (PLNT) operates as a leading fitness franchisor renowned for its Judgement Free Zone® philosophy and affordable membership model. This hub provides investors and industry observers with essential updates on corporate developments, financial performance, and strategic initiatives shaping the company's growth in the health and wellness sector.
Access real-time announcements including quarterly earnings disclosures, franchise expansion plans, and operational enhancements. Our curated collection serves as a centralized resource for understanding PLNT's market position, partnership agreements, and innovations in gym operations.
Key updates cover corporate-owned store performance, equipment supply chain developments, and membership trend analyses. Content is rigorously verified to ensure alignment with regulatory standards and factual accuracy for informed decision-making.
Bookmark this page for streamlined access to Planet Fitness's evolving story within the competitive fitness landscape. Regularly refreshed content ensures you remain current with material developments impacting PLNT's operational and financial trajectory.
Planet Fitness (NYSE: PLNT) has appointed Mary Bradley as Senior Vice President of Corporate Club Operations, effective immediately. Bradley, with over 20 years of experience in operations management at global brands like Starbucks and Godiva, will oversee the company's Corporate Club portfolio of 104 stores across the U.S. and Canada. She will report to COO Bill Bode. Bradley seeks to enhance operations and drive growth as fitness becomes increasingly vital to consumers post-pandemic.
Planet Fitness (NYSE: PLNT) will announce its first-quarter financial results for the period ending March 31, 2021, post-market on May 6, 2021. A conference call to discuss these results is scheduled for 4:30 p.m. Eastern Time on the same day, with a live webcast available at investor.planetfitness.com. Investors can also join the call via phone at (833) 380-0404 or (778) 560-2517, using conference number 8549758. An audio replay will be accessible shortly after the call and available for one year.
Planet Fitness announces a limited-time offer from April 12 to 14, allowing new members to join for just $1 down and $10 a month, with no commitment. This initiative encourages individuals to prioritize their fitness and mental wellness, especially after recent challenges. The company emphasizes member safety with enhanced COVID-19 protocols, including touchless check-in and real-time crowd monitoring through their app. As of December 31, 2020, Planet Fitness boasts approximately 13.5 million members across 2,124 locations globally.
Planet Fitness (NYSE: PLNT) announced its participation in two upcoming conferences. The first is the Raymond James Institutional Investor Conference on March 3, 2021, with a fireside chat scheduled for 9:10 AM Eastern Time. The second event is the J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on March 11, 2021, where management will present at 2:45 PM Eastern Time. Both presentations will be available via live webcast on the company's investor relations page.
Planet Fitness reported its Q4 2020 results, revealing a 30.1% decrease in total revenue to $133.8 million. Net income was $8.7 million or $0.11 per diluted share, down from $29.7 million in Q4 2019. Adjusted EBITDA fell 33.3% to $51.1 million. The fiscal year also saw a 41.0% decline in total revenue to $406.6 million, and a net loss of $15.0 million. Despite challenges, the company opened 41 new stores in Q4, reaching a total of 2,124 stores. CEO Chris Rondeau expressed optimism for 2021 as vaccination efforts progress.
Planet Fitness announces a promotional offer from February 1 to 11, featuring $0 enrollment and a monthly fee of $10 with no commitment. This initiative aligns with American Heart Month, emphasizing the importance of maintaining heart health through exercise. The company showcases its commitment to member safety through enhanced sanitation protocols, including touchless check-ins and real-time crowd monitoring via its app. As of September 30, 2020, Planet Fitness boasted over 14.1 million members and 2,086 stores globally.
Planet Fitness, Inc. (NYSE: PLNT) announced it will report its fourth quarter results ending December 31, 2020, after the market closes on February 18, 2021. A conference call to discuss the financial results is scheduled for 4:30 p.m. Eastern Time on the same day. Investors can access a live webcast of the call at investor.planetfitness.com, with an audio replay available within two hours post-call for one year. As of September 30, 2020, Planet Fitness had over 14.1 million members and 2,086 locations, making it a leading fitness center operator in the U.S.
Planet Fitness announces a limited-time offer from January 25 to 27, 2021, allowing new members to join with $0 enrollment and a monthly fee of $10 with no commitment. The campaign aims to promote fitness as a priority in the New Year, capitalizing on the trend where 91% of Americans set fitness resolutions. Enhanced safety measures, including real-time crowd monitoring and sanitization protocols, are highlighted as key benefits for members. The company's membership count is over 14.1 million, with 2,086 locations across the U.S. and abroad.
Planet Fitness announced the appointment of Bernard Acoca and Christopher Tanco to its Board of Directors, effective immediately. Acoca, CEO of El Pollo Loco, and Tanco, COO of 7-Eleven, bring extensive experience in operations and franchising. This strategic move aims to enhance the board's expertise and align with the company's long-term strategy to provide an affordable, high-quality fitness experience. The Board now comprises eight directors, emphasizing their commitment to driving value for shareholders and capitalizing on growth opportunities.
Planet Fitness announced its participation in the 2021 ICR Conference scheduled for January 11, 2021, at 11:30 a.m. Eastern Time. The live presentation will be accessible via a webcast on their investor website. As of September 30, 2020, the company boasted over 14.1 million members and 2,086 locations across the U.S. and internationally. Their mission is to provide a welcoming, non-intimidating fitness experience known as the Judgement Free Zone®. Most locations are independently owned by local businesspeople.
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