PLNT Stock Recent News
PLNT LATEST HEADLINES
The pandemic sent the personal fitness market on a roller coaster ride.
Teens logged more than 12 million workouts between June and August at Planet Fitness locations in the US and Canada, kickstarting their fitness journeys and creating long-lasting healthy habits Teens logged more than 12 million workouts between June and August at Planet Fitness locations in the US and Canada, kickstarting their fitness journeys and creating long-lasting healthy habits
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Planet Fitness and Ross Stores.
Investors are well aware of Peloton's ongoing challenges. There's a growing and profitable fitness center chain that operates a proven business model.
Jonathan Komp, senior research analyst at Baird, joins CNBC's 'The Exchange' to discuss why he's bullish on Planet Fitness, why the company will benefit during a slow-growth environment, and more.
Baird named Planet Fitness Inc (NYSE:PLNT) a “bullish fresh pick” through the end of the year, and maintained its "overweight" rating on the stock.
Peloton and Planet Fitness are expanding their investments in strength over cardio equipment as more women and young people opt for weights at the gym. Planet Fitness changed its gyms up to focus on strength workouts and noted that strength equipment tends to be less expensive.
PLNT showed improvement in revenue and earnings in Q2 2024, beating expectations. I believe the new CEO, Colleen Keating, is a good fit for the business. Potential for growth acceleration in FY25, but a cautious stance is maintained until concrete evidence of growth is seen.
While the top- and bottom-line numbers for Planet Fitness (PLNT) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Planet Fitness' (PLNT) second-quarter 2024 results reflect increased contributions from the Franchise and Corporate-owned Stores segments, indicating increased system-wide same-store sales.