By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time.Access your favorite topics in a personalized feed while you're on the go. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewPlanet Fitness is hiking the price of its basic membership plan by 50% after holding it at $10 a month for 26 years.The new $15 charge will come into effect in the summer and will only apply to ne ...

Good News as Planet Fitness Raises Prices Andrew H. Walker / Getty Images Gym outlet Planet Fitness Inc. (NYSE: PLNT) posted strong numbers for the most recently reported quarter. Revenue rose 11.6% year over year to $248 million, and same-store sales increased 6.2%. Earnings rose from $0.27 per share to $0.39.The most important part of the earnings release was a new way for Planet Fitness to earn money. According to CNN, “Planet Fitness will raise the price of its ‘classic’ membership from $10 a month to ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.) Delaware 38-3942097 4 Liberty Lane West, Hampton, NH 03842 (Address of Principal Executive Offices and Zip Code) (603) 750-0001 (Registr ...

People work out at a Planet Fitness in Alexandria, Virginia, U.S., January 8, 2024.Planet Fitness is hiking its base-level membership prices for new customers for the first time since 1998, even as the gym operator warns its customers are growing increasingly cost-conscious.Classic card membership will be priced at $15 per month for new members starting this summer, while current members will continue to pay $10 "for the duration of their membership," Planet Fitness said Thursday alongside its quarterly ear ...

Planet Fitness, Inc. (NYSE:PLNT) Q1 2024 Earnings Conference Call May 9, 2024 8:00 AM ET Company Participants Stacey Caravella - Vice President-Investor Relations Craig Benson - Interim Chief Executive Officer Thomas Fitzgerald - Chief Financial Officer Conference Call Participants Simeon Siegel - BMO Capital Markets Christopher O'Cull - Stifel John Heinbockel - Guggenheim Partners Megan Alexander - Morgan Stanley Rahul Krotthapalli - JPMorgan Sharon Zackfia - William Blair Joseph Altobello - Raymond James ...

Wednesday, May 8th, 2024Pre-market futures are down a bit again this morning. We appear to be plateauing a bit this week, following a gallant fight back from near-term lows mid-April. But without heavy impacts from major economic reports or marquee names posting earnings, our sailboat is adrift, ebbing slightly lower. The Dow is down -80 points at this hour, the S&P 500 is -4 and the Nasdaq -6 points. The Dow tries to achieve a seventh-straight positive trading session, although with relatively minuscule ga ...

For the quarter ended March 2024, Planet Fitness (PLNT) reported revenue of $248.02 million, up 11.6% over the same period last year. EPS came in at $0.53, compared to $0.41 in the year-ago quarter.The reported revenue represents a surprise of -0.05% over the Zacks Consensus Estimate of $248.13 million. With the consensus EPS estimate being $0.49, the EPS surprise was +8.16%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

Planet Fitness (PLNT) came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.16%. A quarter ago, it was expected that this fitness center operator would post earnings of $0.58 per share when it actually produced earnings of $0.60, delivering a surprise of 3.45%.Over the last four quarters, ...

Exhibit 99.1 Planet Fitness, Inc. Announces First Quarter 2024 Results System-wide same store sales increased 6.2% Ended first quarter with total membership of approximately 19.6 million $20.0 million in shares repurchased in first quarter Updates 2024 outlook Hampton, NH, May 9, 2024 - Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2024. "Planet Fitness ended the first quarter with approximately 19.6 million members and system-wide same store sales ...

In its upcoming report, Planet Fitness (PLNT) is predicted by Wall Street analysts to post quarterly earnings of $0.49 per share, reflecting an increase of 19.5% compared to the same period last year. Revenues are forecasted to be $249.36 million, representing a year-over-year increase of 12.2%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 0.4% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections ...