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. operates and franchises fitness clubs under a subscription-based model and reports developments across its Franchise, Corporate-owned clubs and Equipment segments. News commonly covers quarterly and annual results, system-wide same-club sales, membership trends, club openings, equipment placements in franchisee-owned locations and updates to operating outlook.
The company’s updates also address its club network in the United States and select international markets, franchisee activity, membership initiatives, board appointments and executive finance leadership changes.
Summary not available.
Summary not available.
Planet Fitness, Inc. (NYSE: PLNT) announced it will release its fourth quarter results for the period ending December 31, 2022, on February 23, 2023, before market opening.
A conference call to discuss the financial results will take place at 8:00 a.m. Eastern Time the same day, accessible via dial-in numbers (844) 200-6205 or (929) 526-1599, conference number 146564. A live webcast will also be available at Planet Fitness Investor Relations.
An audio replay of the call will be accessible within two hours and will remain for one year.
On January 23, 2023, Planet Fitness announced a promotional initiative encouraging fitness participation with a limited-time offer of $1 enrollment and a monthly fee of $10 from January 23-31. This campaign aligns with findings from a survey indicating that 89% of individuals experience low energy during winter, with 51% wishing for unlimited energy to prioritize their health. The company, boasting 17 million members across 2,410 locations, emphasizes accessible fitness through affordable pricing and a welcoming environment. The release highlights the new features of the Planet Fitness app, enhancing user experience and workout guidance.
On January 20, 2023, Planet Fitness announced its ranking as #28 overall and #1 in the fitness category in Entrepreneur's Franchise 500® for the fifth consecutive year. This ranking reflects the company's strong performance in areas such as store growth, financial stability, and brand recognition. As of December 31, 2022, Planet Fitness boasted approximately 17 million members, an increase of 1.8 million from 2021. The company opened 158 new locations in 2022, reaching a total of 2,410 stores across multiple regions. CEO Chris Rondeau highlighted the brand's mission to democratize fitness, emphasizing its commitment to health and wellness.
Planet Fitness (NYSE: PLNT) reported significant growth in 2022, ending the year with approximately 17.0 million members, an increase of 1.8 million from 2021. The company opened 158 new stores in total, including 14 corporate-owned locations, bringing the total to 2,410 stores across various regions. The fourth quarter of 2022 witnessed the largest membership growth on record, driving positive momentum into 2023. The company plans to release its full fiscal year results and 2023 outlook on February 23, 2023.
Planet Fitness (NYSE: PLNT) announced a new promotion for PF Black Card members, allowing savings of up to 15 cents per gallon on fuel through the Fuel Rewards® program at Shell, valid until March 15, 2023. This partnership has seen members redeem savings on over 1.4 million gallons of gas. The program is part of Planet Fitness's broader strategy to enhance membership value with additional discounts from various partners such as Grubhub+, Amazon Halo, and Reebok.
Planet Fitness (NYSE: PLNT) announced participation in the ICR Conference 2023, with a management fireside chat scheduled for January 11, 2023, at 10:30 am Eastern Time. A live webcast will be available on their investor website. As of September 30, 2022, Planet Fitness had over 16.6 million members and 2,353 locations across the U.S. and internationally. The company aims to enhance lives through a welcoming fitness environment, known as the Judgement Free Zone®.
Planet Fitness has appointed Edward Hymes as President and Chief Operating Officer, effective January. Reporting directly to CEO Chris Rondeau, Hymes will oversee U.S. and international franchise operations, equipment sales, corporate stores, and the technology and legal functions. Hymes brings over 30 years of experience, notably at Jiffy Lube, where he managed operations for over 2,000 franchises. His leadership aims to accelerate growth for Planet Fitness, which currently boasts over 16.6 million members and 2,353 locations across several countries.
Planet Fitness has announced its return as the presenting sponsor of Times Square's New Year's Eve celebration for the eighth consecutive year, partnering with Times Square Alliance and Countdown Entertainment. The event will feature Planet Fitness-themed party hats and appearances on ABC's 'Dick Clark's New Year's Rockin' Eve with Ryan Seacrest.' With over 16.6 million members and 2,353 locations, the company emphasizes its commitment to fitness accessibility. Planet Fitness invites the public to submit their New Year's wishes, which will be featured on confetti during the midnight celebration.