Planet Fitness is a leading fitness franchise that offers low-cost gym memberships and a welcoming environment for individuals of all fitness levels
The company operates a network of fitness centers across various locations, providing members with access to state-of-the-art workout equipment, a variety of group fitness classes, and exceptional support from friendly staff. Planet Fitness emphasizes a judgment-free zone where people can enjoy exercising without intimidation, making it an appealing choice for first-time gym-goers and seasoned athletes alike. With a focus on affordability and community inclusivity, the brand has become synonymous with accessible fitness solutions.
Shares of inclusive gym franchise company (NYSEPLNT)
fell 9.7% in the morning session after the company reported weak fourth-quarter earnings: The 2025 outlook raised concerns, with same-store sales growth projected at 5% to 6%, a slower pace than some investors anticipated. Overall, while the quarter delivered strong top- and bottom-line performance, the weaker-than-expected guidance overshadowed the results, contributing to investor uncertainty.
Inclusive gym franchise company (NYSEPLNT) announced better-than-expected revenue in Q4 CY2024, with sales up 19.4% year on year to $340.5 million. Its non-GAAP profit of $0.70 per share was 13.4% above analysts’ consensus estimates.
Planet Fitness Inc. (NYSEPLNT) reported a 19.4% sales growth for FY24's fourth quarter, reaching $340.45 million, surpassing estimates. Franchise revenue increased by 11%, and corporate-owned stores saw an 8.5% rise.
In this video lesson, I review the resilient overall market, stocks on my radar for the short and long-term portfolio, and a new EOD swing trade, for Tuesday's session. Happy trading. Aloha.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Planet Fitness (NYSEPLNT) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Xponential Fitness (NYSEXPOF) and the best and worst performers in the leisure facilities industry.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. This volatility leads to big swings in stock prices that have worked in their favor recently -
over the past six months, the industry has returned 20.1% and beat the S&P 500 by 3.2 percentage points.
Planet Fitness’s 39.8% return over the past six months has outpaced the S&P 500 by 30.4%, and its stock price has climbed to $103.77 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
