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Planet Fitness (PLNT) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-06-16 14:50
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? Developed alongsid ...
National Fitness Partners Acquires 3 McHenry County Planet Fitness Clubs
Crystal Lake· 2025-06-06 17:04
The locations are the first acquired by the company in Illinois. The expansion brings NFP’s total club count to 198 locations across 14 states."These clubs were previously owned by Pizzazz Fitness, a fellow Planet Fitness franchisee, and will continue to operate under the Planet Fitness name," a company spokeswoman told Patch. "While the ownership has transitioned from Pizzazz Fitness to National Fitness Partners, members can expect the same great value, welcoming atmosphere, and high standards of service — ...
Planet Fitness Up 11% in Three Months: Should You Buy, Sell or Hold?
ZACKS· 2025-06-02 16:31
Key Takeaways Planet Fitness stock climbed 10.5% in three months, outperforming industry and market benchmarks. PLNT benefits from new club openings, rising membership, and strategic marketing initiatives. Planet Fitness plans to open 160 to 170 new clubs in 2025.Shares of Planet Fitness, Inc. (PLNT) have gained 10.5% over the past three months against the 2.7% decline in the Zacks Leisure and Recreation Services industry. The stock has also surpassed the broader Consumer Discretionary sector's rise of 1. ...
CSE Bulletin: Delist - Better Plant Sciences Inc. (PLNT.X)
Newsfile· 2025-05-27 17:06
Toronto, Ontario--(Newsfile Corp. - Le 27 mai/May 2025) - The common shares of Better Plant Sciences Inc. will be delisted from the CSE at market close today, May 27, 2025. Better Plant Sciences is currently suspended. See Bulletin 2024-0121. _________________________________ Les actions ordinaires de Better Plant Sciences Inc. seront radiées du CSE à la clôture du marché aujourd'hui, le May 27, 2025. Better Plant Sciences est actuellement suspendu. Voir le Bulletin 2024-0121. Date : Market ...
Meet the Growth Stock Up 61% in the Past 1 Year
The Motley Fool· 2025-05-23 21:05
In the past 12 months, the S&P 500 index has generated a total return of 13% (as of May 21). This is a wonderful outcome, despite there being a ton of volatility in the past three months, thanks to uncertainty about trade policies and the overall economy.But some businesses have fared much better. There's one growth stock that has handily outperformed the broader index, as it's up 61% in the past year. Continue reading to learn what this company is and whether or not it should be in your portfolio. Solid Q1 ...
Planet Fitness Stock Eyes Breakout After Analyst Upgrade
Schaeffers Investment Research· 2025-05-22 13:06
Planet Fitness Inc (NYSE:PLNT) is in focus today after Stifel upgraded the stock to "buy" from "hold," with a price-target hike to $120 from $82. The firm cited stabilizing new membership rates and a number of potential tailwinds that could push comparable sales into the mid- to high-single-digit range over the next several years.Shares of the gym operator are up 1.4% before the bell, set to open just shy of their all-time high of $109.91. Coming into today, PLNT is up 59% year-over-year, though its year-to ...
Strength Starts Here: Planet Fitness' Annual High School Summer Pass™ Program Returns This June
Globenewswire· 2025-05-21 12:00
Since launching the program in 2019, Planet Fitness has invested more than $300M in waived membership dues to promote youth health and wellness, and improve the physical and mental health of millions of teens. Planet Fitness' High School Summer Pass program has helped millions of teens establish healthy fitness habits during the summer months, a critical time when many young people lack access to organized physical activities. To better understand what today's teens are experiencing—and how to support them— ...
Planet Fitness: Continued Outperformance If The Bears Are Wrong
Seeking Alpha· 2025-05-13 14:54
jetcityimage In the nearly ten years since it went public, Planet Fitness (NYSE:PLNT) has seen a relatively steady base of skeptics: For the most part, those skeptics have been wrong: PLNT stock has gained just over 500% from its IPO price, for annualized ...
Planet Fitness(PLNT) - 2025 Q1 - Quarterly Report
2025-05-09 20:16
Membership and Club Operations - As of March 31, 2025, Planet Fitness had approximately 20.6 million members and operated 2,741 clubs, with 2,461 being franchised and 280 corporate-owned[108]. - Planet Fitness had contractual commitments to open approximately 900 new clubs as of March 31, 2025[108]. - The number of new franchisee-owned clubs opened in the first quarter of 2025 was 16, while corporate-owned clubs added 3 new locations[114]. Financial Performance - Total revenue for the three months ended March 31, 2025, was $276.7 million, a 11.6% increase from $248.0 million in the same period of 2024[112]. - Adjusted EBITDA for the same period was $117.0 million, up 10.6% from $106.3 million in 2024[112]. - Adjusted net income for the three months ended March 31, 2025, was $42.1 million, compared to $35.0 million in 2024, indicating a growth of 20.5%[125]. - Total revenue for the three months ended March 31, 2025, was $276.7 million, an increase of $28.6 million, or 11.5%, compared to $248.0 million for the same period in 2024[131]. - Adjusted net income for the three months ended March 31, 2025, was $50.0 million, compared to $47.3 million in 2024, representing an increase of 5.0%[127]. - Adjusted net income per share, diluted, was $0.59 for the three months ended March 31, 2025, compared to $0.53 in 2024, reflecting a 11.3% increase[127]. Revenue Segments - Franchise segment revenue increased to $115.2 million, a 10.5% rise from $104.0 million in 2024[112]. - Corporate-owned clubs segment revenue rose to $133.7 million, compared to $122.4 million in the previous year, marking an 9.5% increase[112]. - Equipment segment revenue rose to $27.8 million for the three months ended March 31, 2025, an increase of $6.2 million, or 28.7%, compared to $21.6 million in 2024[135]. - National advertising fund revenue was $21.9 million for the three months ended March 31, 2025, an increase of $2.2 million, or 10.9%, compared to $19.8 million in 2024[133]. Expenses and Costs - Cost of revenue increased to $22.5 million for the three months ended March 31, 2025, up $3.5 million, or 18.4%, from $19.0 million in 2024[136]. - Club operations expense was $81.7 million for the three months ended March 31, 2025, an increase of $7.3 million, or 9.9%, compared to $74.4 million in 2024[137]. - Selling, general and administrative expenses increased to $34.3 million for the three months ended March 31, 2025, up $5.1 million, or 17.5%, from $29.2 million in 2024[138]. - Depreciation and amortization expense decreased by $1.1 million, or 2.8%, to $38.3 million for the three months ended March 31, 2025, compared to $39.4 million in the same period of 2024[140]. Cash Flow and Financing - Net cash provided by operating activities was $133.9 million for the three months ended March 31, 2025, compared to $89.7 million in the prior year, an increase of $44.2 million[153]. - Net cash used in investing activities decreased by $10.5 million to $28.1 million for the three months ended March 31, 2025, compared to $38.6 million in the same period of 2024[155]. - Net cash used in financing activities increased by $30.4 million to $55.4 million for the three months ended March 31, 2025, compared to $25.0 million in the prior year, primarily due to increased cash used for share repurchases[156]. Other Financial Metrics - System-wide sales reached $1.3 billion for the three months ended March 31, 2025, compared to $1.2 billion in 2024, reflecting a growth of approximately 8.3%[121]. - Same club sales growth for franchisee-owned clubs was 6.2%, while corporate-owned clubs saw a growth of 5.1%[118]. - Franchise Segment Adjusted EBITDA increased by $8.7 million, or 11.5%, to $84.9 million for the three months ended March 31, 2025, compared to $76.1 million in the same period of 2024[147]. - Corporate-owned clubs Segment Adjusted EBITDA rose by $3.5 million, or 8.1%, to $45.8 million for the three months ended March 31, 2025, compared to $42.4 million in the prior year[148]. - Equipment Segment Adjusted EBITDA surged by $2.6 million, or 55.1%, to $7.4 million for the three months ended March 31, 2025, compared to $4.8 million in the same period of 2024[149]. - Other (gains) losses, net improved to a gain of $1.2 million for the three months ended March 31, 2025, compared to a loss of $0.5 million in the prior year, representing a change of $1.7 million, or 355.6%[141]. - Interest income increased by $0.4 million, or 6.4%, to $5.8 million for the three months ended March 31, 2025, compared to $5.5 million in the same period of 2024[142]. - Interest expense rose by $4.8 million, or 22.2%, to $26.2 million for the three months ended March 31, 2025, compared to $21.4 million in the prior year, primarily due to a higher principal balance[143].
Planet Fitness Misses Q1 Earnings & Revenue Mark, Retains '25 View
ZACKS· 2025-05-09 15:15
Planet Fitness, Inc. (PLNT) reported lower-than-expected first-quarter 2025 results, wherein adjusted earnings and revenues missed the Zacks Consensus Estimate. However, both metrics increased on a year-over-year basis.The ongoing macroeconomic volatility is a concern for the company’s prospects, alongside increased costs and expenses due to elevated SG&A expenses and costs surrounding club operations.However, the quarter’s year-over-year performance was encouraging, with system-wide same club sales increas ...