Why Planet Fitness Stock Jumped to an All-Time High Today [Yahoo! Finance]
Planet Fitness, Inc. (PLNT)
Last planet fitness, inc. earnings: 2/25 04:05 pm
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US:NYSE Investor Relations:
investor.planetfitness.com/investors/default.aspx
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Source: Yahoo! Finance
As of 3:30 p.m. EST, Planet Fitness stock was up 11%, but it had been up by even more earlier in the day and had touched all-time highs. It's quite the comeback for Planet Fitness. From late 2021 through late 2023, the stock lost about half of its value, with concerns from short sellers regarding its billing practices as well as worries after it parted ways with long-term CEO Chris Rondeau. But fears may have been overblown considering that the company's trailing-12-month revenue is at an all-time high. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Planet Fitness grew Q3 revenue by 5% with a mixture of new locations and same-store sales growth of 4.3%. And not only did the top line grow, the company also grew the bottom line. It reported Q3 operating income of $81 million, up from $72 million in the prior-year period. These are healthy numbers for Planet Fitness, and they've helped alleviate investors' concerns, sen
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PLNT
News
- Planet Fitness Loses Bid to Acquire Blink Fitness Assets in Bankruptcy Court Decision [Yahoo! Finance]Yahoo! Finance
- Police investigate death of missing man found in tanning bed at Indianapolis Planet Fitness [MSNBC.com]MSNBC.com
- Planet Fitness loses 11th hour bid to acquire bankrupt Blink [MSNBC.com]MSNBC.com
- Planet Fitness loses 11th hour bid to acquire bankrupt Blink [CNBC]CNBC
- Man found dead in tanning bed at Planet Fitness in Indianapolis 3 days after he walked into the gym [FOX Business Network]FOX Business Network
PLNT
Earnings
- 11/7/24 - Beat
PLNT
Sec Filings
- 11/13/24 - Form SC
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- PLNT's page on the SEC website