Why Did Planet Fitness Stock Hit 52-Week Low Today? - Planet Fitness (NYSE:PLNT)

Planet Fitness, Inc. (NYSE:PLNT) fell in early trading on Tuesday after the company paired a strong quarterly beat with a cautious outlook.Investors focused on softer guidance and management's plans for continued expansion.The company reported fourth-quarter adjusted earnings per share of 83 cents, beating the analyst consensus estimate of 79 cents. Quarterly sales of $376.258 million (up 10.5% year over year) outpaced the Street view of $367.892 million.Quarterly MetricsSystem-wide same club sales rose 5.7 ...