Planet Fitness is growing revenue and posting consistent earnings.Due to the temporary closures of gyms and other public spaces enacted to slow the spread of COVID-19, Planet Fitness (PLNT 0.05%) took a big financial hit during the early stages of the pandemic. But shares eventually recovered before hitting a new peak in November 2021.It's been a difficult ride for shareholders in this profitable and scalable business since then, though. As of April 16, this fitness growth stock is down 37% from that all-ti ...

Planet Fitness — which faced backlash for allowing a trans man to shave in the women’s locker room — hired a new boss who had required employees to undergo “unconscious bias training” and supported “hiring through a DEI lens” at her previous company.Colleen Keating, who served as chief executive at rental service FirstKey Homes since 2020, will assume the CEO title at Planet Fitness on June 10, the company announced Tuesday. During Keating’s tenure at the helm of FirstKey, she was a signatory to a document ...

Planet Fitness on Tuesday named Colleen Keating as its new CEO. She will replace interim CEO Craig Benson, effective June 10, the fitness center chain said in a press release.Keating joins Planet Fitness from FirstKey Homes, where she worked as CEO for about four years.  "Colleen’s appointment is the culmination of an extensive search process conducted by the Board of Directors," Planet Fitness board Chairman Stephen Spinelli Jr. said. "We are confident that Colleen is an exceptional leader with the desired ...

Planet Fitness announced Tuesday that Colleen Keating will take over as the fitness club's new CEO, effective June 10.Craig Benson, who has been serving as interim CEO since the departure of Chris Rondeau in September, will remain on the board of directors.The announcement comes after months of searching, and some analysts are calling it a positive for the stock, despite shares falling more than 3% following the announcement.Piper Sandler analyst Korinne Wolfmeyer said the news is "the first catalyst of sev ...

Craig Benson to Remain on Planet Fitness Board of DirectorsHAMPTON, N.H., April 16, 2024 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that it has appointed Colleen Keating as the Company's Chief Executive Officer, effective June 10, 2024. At that time, Craig Benson will resign as Interim CEO but will continue to serve as a member of the Company's Board of Directors. Colleen Keating Ms. Keating is a proven executive that brings to Planet Fitness over three decades of ...

Planet Fitness (NYSE: PLNT) stock price has underperformed the market this year as the popularity of weight loss drugs increased. It has crashed by 16.5% in the past 12 months and by 10.7% this year. The S&P 500 index has risen by 27% in the past year and by almost 10% this year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Weight loss drugs and high debt load Copy link to section Planet Fitness share price has been affected by the popularity of wei ...

Planet Fitness, Inc. (PLNT) is likely to benefit from store expansions, strategic partnerships and membership growth. This and the emphasis on the New Growth Model bode well. However, uncertain macroeconomic environments are a concern.Let us discuss the factors that highlight why investors should retain the stock for the time being.Growth DriversPlanet Fitness is focused on strategic partnerships and international expansions to drive growth. The company is enthusiastic to announce its entry into the Spanish ...

The worrying struggles faced by Peloton Interactive are well-publicized. The once-thriving fitness equipment maker and content enterprise is now dealing with weaker demand, declining sales, and ongoing net losses. It's difficult to know if the situation will turn around. And shares are currently down 97% from their peak price.If you're looking to gain exposure to the fitness industry, perhaps there's another business to consider. Compared to Peloton, it has a far superior business model that has already bee ...

Planet Fitness Inc (NYSE:PLNT) is drawing bearish attention today, with 8,179 puts exchanged so far -- nine times the intraday average volume -- compared to 3,311 calls. While there is no specific catalyst for today's negative price action, PLNT was last seen down 6.8% at $55.66 -- its lowest level since November -- while eyeing its fifth-straight daily drop and worst day since September. The stock has already shed over 23% in 2024.This pessimism has been prevalent over the past two weeks. Over at the Inter ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37534 PLANET FITNESS, INC. (Exact name of Registrant as specified in its Charter) Delaware 38-3942097 (State or Other Jurisdiction of In ...