Is BellRing Brands, Inc. (BRBR) A Good Fitness and Gym Stock To Buy Now? [Yahoo! Finance]
BellRing Brands, Inc. (BRBR)
Last bellring brands, inc. earnings: 2/6 05:00 pm
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Source: Yahoo! Finance
The Fitness Industry: An Analysis The global wellness market has reached a staggering $1.8 trillion, according to McKinsey. The industry has reached $480 billion in the US alone. 82% percent of US consumers consider wellness a top priority, while those in the UK and China report 73% and 87% respectively. According to Scott Max, gym memberships are almost half of the fitness industry. Of these, 45% of members are millennials, while 35% are Gen Z. Despite these numbers, today's fitness industry caters more to the needs of Gen Z. Brands are competing to capture their preferences and behavior. According to NielsenIQ (NIQ) and World Data Lab (WDL), Gen Z's global fitness spending is projected to reach $12 trillion by 2030. Under such impressions, Gen Z is called the “Generation Active”. According to Les Mills, 36% of Gen Z are active, while 30% are using fitness facilities. 82% of these are members of gyms or studios, with 72% taking a hybrid approach, training both in and out of th
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BRBR
Earnings
- 8/5/24 - Beat
BRBR
Sec Filings
- 9/12/24 - Form S-8
- 8/6/24 - Form 10-Q
- 8/5/24 - Form 8-K
- BRBR's page on the SEC website