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PLNT News and Press, Planet Fitness Inc. From 06/10/22

Stock Information

Company Name: Planet Fitness Inc.
Stock Symbol: PLNT
Market: NYSE
Website: planetfitness.com

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PLNT - Net Lease REITs: Surviving Inflation, For Now

Understood to be one of the more "bond-like" and rate-sensitive REIT sectors, net lease REITs have surprisingly been among the best-performing property sectors this year despite the challenging macroeconomic environment. Even with rent growth significantly lagging inflation, net lease...

PLNT - Planet Fitness: Get Rich On Entertainment

Planet Fitness, Inc. franchises and operates 2,254 fitness centers under the Planet Fitness brand in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia. 106% of its stock is held by 471 institutions. What may they know that you may not? They kn...

PLNT - Vail Resorts: The Picture Is Improving

Vail Resorts has recently seen some really attractive financial performance. This, combined with current guidance for the 2022 fiscal year, is incredibly promising. Between this and a significant decline in price that shares experienced, the company does seem to make for an attrac...

PLNT - Here's Why Planet Fitness Stock Fell 12% in May

Shares of gym chain Planet Fitness (NYSE: PLNT) fell 12.1% in May, according to data provided by S&P Global Market Intelligence . The company reported financial results for the first quarter of 2022 on May 10, which showed good operating results. However, analysts were ...

PLNT - Peloton leads down day for fitness stocks on concerns consumers may pull back on spending

Fitness stocks traded lower on Monday in what appears to be some concerns around consumer discretionary spending in the sector as the calendar turns to the summer. Peloton Interactive (NASDAQ:PTON) -8.95%, The Beachbody Company (BODY) -5.28%, F45 Training Holdings (FXLV) -3.50%, Life Time Gro...

PLNT - Hot Stocks: FVRR drops on earnings; RBLX rises; RDBX falls on merger deal; PLNT upgrade

Earnings news continued to drive individual stocks in Wednesday's midday trading. Fiverr (NYSE:FVRR) plunged on weak guidance included in its latest quarterly update. Meanwhile, Roblox (RBLX) got a lift on the hope that its potential will pick up later in the year. In other news, a takeover d...

PLNT - Planet Fitness rallies after J.P. Morgan turns bullish on gym trends

J.P. Morgan upgraded Planet Fitness (NYSE:PLNT +5.6%) to an Overweight rating after having it slotted at Neutral. Analyst John Ivankoe and team pointed to positive usage trends, store growth potential, low labor/COGS exposure, and what is seen as better valuation. The firm thinks the math wor...

PLNT - Planet Fitness (PLNT) Q1 2022 Earnings Call Transcript

Image source: The Motley Fool. Planet Fitness (NYSE: PLNT) Q1 2022 Earnings Call May 10, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: Planet Fitness (PLNT) Q1 2022 Earnings Call Transcript

PLNT - Planet Fitness, Inc.'s (PLNT) CEO Chris Rondeau on Q1 2022 Results - Earnings Call Transcript

Planet Fitness, Inc. (PLNT) Q1 2022 Earnings Conference Call May 10, 2022 8:00 A.M. ET Company Participants Stacey Caravella - Investor Relations Chris Rondeau - Chief Executive Officer Tom Fitzgerald - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Brian Harbour...

PLNT - Planet Fitness posts strong growth, plans to expand to New Zealand

Planet Fitness (NYSE:PLNT) reports total revenue increased 66.9% to $74.8M in Q1 against a soft pandemic comparable. Franchise segment revenue increased 25.0% to $80.1M. Corporate-owned stores segment revenue increased 101.1% to $76.2M. Equipment segment revenue increased 206.2% to $30.4...

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