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Evaluate the expected performance of Planet Fitness (PLNT) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
HAMPTON, N.H. , April 25, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its first quarter ended March 31, 2024, before the market opens on Thursday, May 9, 2024.
Planet Fitness (PLNT) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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The leadership team of Planet Fitness thinks the business can double the number of gyms under its brand. Its franchise model, brand recognition, and scale are among its competitive strengths.
Colleen Keating, who has served as chief executive at rental service FirstKey Homes since 2020, will assume the CEO title officially on June 10.
Planet Fitness on Tuesday named Colleen Keating as its new CEO, replacing interim chief executive Craig Benson. She previously served as CEO of FirstKey Homes.
Planet Fitness has appointed a new CEO effective June 10 after a months-long search for new leadership.
Planet Fitness (NYSE: PLNT) stock price has underperformed the market this year as the popularity of weight loss drugs increased. It has crashed by 16.5% in the past 12 months and by 10.7% this year.
Planet Fitness (PLNT) emphasizes price adjustments and messaging to drive membership levels and growth. However, uncertain macroeconomic environments are a concern.
Peloton continues to deal with troubling issues as it seeks to get onto a sustainable path. With its franchise model and consistent profitability, Planet Fitness is a more sound option.