Core Viewpoint - Planet Fitness is expected to report quarterly earnings of $0.62 per share, a 3.3% increase year-over-year, with revenues projected at $326.64 million, reflecting a 14.6% year-over-year growth [1]. Earnings Projections - There has been a downward revision of 1.6% in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their initial forecasts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue Estimates - Analysts forecast the 'Revenue- National advertising fund' to reach $19.58 million, indicating an 11.1% year-over-year increase [5]. - The 'Revenue- Franchise' is expected to be $90.60 million, reflecting a 12.4% year-over-year change [5]. - The 'Revenue- Equipment segment' is projected to reach $86.99 million, showing a significant 23.5% year-over-year increase [5]. - The 'Revenue- Corporate-owned stores segment' is estimated at $130.83 million, also indicating a 12.4% year-over-year growth [6]. Same-store Sales and Store Metrics - Same-store sales are predicted to be 4.8%, down from 7.7% in the same quarter last year [6]. - The consensus estimate for 'Total Stores - End of period' is 2,720, compared to 2,575 in the same quarter last year [6]. - 'EOP Franchise Stores' are expected to reach 2,441, up from 2,319 a year ago [7]. - 'EOP Corporate Stores' is projected at 279, compared to 256 last year [7]. - 'Corporate-owned same store sales' is expected to be 4.8%, down from 8.7% year-over-year [7]. - 'Total Stores - New stores opened' is estimated at 81, compared to 77 last year [8]. - 'Franchisee-owned same store sales' is expected to be 4.7%, down from 7.6% year-over-year [8]. - The average prediction for 'Total Stores - Beginning of period' is 2,638, compared to 2,410 last year [8]. Stock Performance - Planet Fitness shares have returned -6% over the past month, contrasting with the Zacks S&P 500 composite's +2.6% change [8]. - With a Zacks Rank 3 (Hold), Planet Fitness is expected to perform in line with the overall market in the near future [8].

Core Viewpoint - Planet Fitness is realigning its leadership team to support strategic growth initiatives and enhance operational efficiency, with new appointments effective March 3, 2025 [1][2][5]. Leadership Changes - Bill Bode will transition to the Chief Operating Officer role, overseeing operations for both franchise and corporate clubs, and has been with the company for 8 years [1][2]. - Jennifer Simmons will take on the Chief Strategy Officer role, focusing on a data-driven approach to support strategic imperatives and identify emerging trends, having been with the company for 11 years [3][2]. - Chip Ohlsson joins as Chief Development Officer, concentrating on strategic growth initiatives, while Brian Povinelli becomes Chief Marketing Officer, responsible for global marketing efforts [4][5]. Strategic Focus - The company aims to redefine its brand, enhance member experience, refine its product offerings, and accelerate club openings to drive growth in 2025 and beyond [5]. - The management team restructuring is intended to capitalize on efficiencies and leverage leader expertise to promote key growth drivers, including members and clubs [5]. Company Overview - As of December 31, 2024, Planet Fitness had approximately 19.7 million members and 2,722 clubs across various locations, including the U.S., Canada, and several other countries [7]. - The company's mission is to provide a high-quality fitness experience in a welcoming environment, known as the Judgement Free Zone® [7].

Core Insights - Planet Fitness, Inc. has achieved a new 52-week high stock price of $105.77, reflecting a 3.1% increase from the previous day's closing price of $101.55 [1] - The company is focused on redefining its brand and enhancing member experiences as it moves into 2025, supported by new leadership appointments [2] - Over the past year, Planet Fitness stock has surged 40.8%, significantly outperforming the Zacks Leisure and Recreation Services industry growth of 18.8% [3] Operational Metrics - The company reported a membership base of approximately 19.7 million as of December 31, 2024, with same-club sales growing 5% year over year [9] - In 2024, Planet Fitness opened 150 new clubs, increasing the total number of clubs to 2,722 [10] - The long-term goal is to reach 5,000 clubs in the United States, focusing on both traditional and smaller footprint locations [11] Growth Strategies - Planet Fitness has introduced a new growth model aimed at enhancing long-term expansion and operational efficiency, reducing capital requirements for franchises [6][7] - The company implemented targeted pricing strategies, raising the Classic Card membership price from $10 to $15 for new members, which is expected to yield long-term revenue benefits [8] - The Zacks Consensus Estimate for Planet Fitness' 2025 earnings per share indicates a 17.2% year-over-year growth [15] Market Performance - The stock is currently trading above both the 50-day and 200-day simple moving averages, indicating a bullish trend and positive market sentiment [12] - Planet Fitness has outperformed competitors such as Xponential Fitness, OneSpaWorld, and Vail Resorts over the past year [5] Strategic Focus - The company is sharpening its focus on brand redefinition, member experience enhancement, and accelerating club openings, which are expected to drive growth and shareholder value [16]

Planet Fitness, Inc. (PLNT) , one of the largest and fastest-growing franchisors and operators of fitness centers, revealed key operational metrics for 2024-end. Following this announcement, shares of PLTN gained 0.1% during the trading session and 3.1% in after-hours trading yesterday.The company plans to release its full fiscal year results and provide a 2025 outlook on Feb. 25, 2025.PLNT’s 2024 Performance Highlights & Strategic InitiativesThe company reported solid results for 2024, meeting growth objec ...

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HAMPTON, N.H., Dec. 30, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company is participating in an upcoming investor conference. ICR Conference 2025: Management's fireside chat presentation is scheduled for January 13, 2025, at 3:00 p.m. Eastern Time. A live webcast of the presentation will be available on the investor relations website at http://investor.planetfitness.com. About Planet Fitness Founded in 1992 in Dover, NH, Planet Fitness is one of the la ...

Core Viewpoint - Planet Fitness, Inc. has demonstrated exceptional performance in 2024, achieving a 37.3% growth year to date, significantly outperforming the S&P 500 and the industry average [1]. Group 1: Stock Performance - As of Monday, Planet Fitness stock closed at $100.20, which is 2.6% below its 52-week high and 84.4% above its 52-week low [2]. - Other industry players have shown varied performance in 2024, with Xponential Fitness, Inc. gaining 0.5%, Life Time Group Holdings, Inc. increasing by 45.6%, and OneSpaWorld Holdings Limited rising by 40.4% [2]. Group 2: Technical Indicators - Technical indicators suggest that Planet Fitness is experiencing strong performance, trading above its 50-day moving average, indicating robust upward momentum and price stability [5]. Group 3: Growth Model - The company has implemented a new growth model aimed at enhancing returns from new stores while minimizing impact on its profit and loss statement [6]. - This model focuses on reducing capital requirements for opening and operating franchises and lowering operating expenses, providing franchisees with more flexibility for long-term growth [7]. Group 4: Membership Pricing Strategy - In June 2024, Planet Fitness raised the price of its Classic White Card membership from $10 to $15 after a disciplined pricing test, marking the first price change in 26 years [8]. - The company anticipates a low to mid-single-digit percentage increase in top-line revenue from existing clubs approximately one year after the new pricing implementation [9]. Group 5: Expansion Strategy - Planet Fitness is pursuing strategic partnerships and international expansion, including opening its first European club in Barcelona, Spain, and entering a joint venture in Mexico to develop new stores over the next five years [10]. - The company also plans to expand into New Zealand with new club locations over the coming years [10]. Group 6: Earnings and Revenue Growth - The Zacks Consensus Estimate for 2024 and 2025 has been revised upward by 2.9% and 3.5%, respectively, with expected earnings growth of 11.6% and 17% year over year [11]. - Sales are projected to increase by 8.9% in 2024 and 10.1% in 2025 [11]. Group 7: Overall Performance and Investment Potential - Planet Fitness's strong performance in 2024 is attributed to effective strategic initiatives, including the new growth model, cost management, and international expansion [12]. - The company's disciplined pricing adjustments and focus on delivering value position it for sustainable growth, making it an attractive investment opportunity for growth-oriented investors [12].

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Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Have you been paying attention to shares of Planet Fitness (PLNT) ? Shares have been on the move with the stock up 4.1% over the past month. The stock hit a new 52-week high of $102.9 in the previous session. Planet Fitness has gained 39.5% since the start of the year compared to the 15.1% move for the Zacks Consumer Discretionary sector and the 23.4% return for the Zacks Leisure and Recreation Services industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surpri ...