Planet Fitness Inc

NYSE:PLNTUnited States

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• DJ Planet Fitness Cites Flu, Ads, and an Incident in Alaska for Soft Q1 -- Barrons.com, from 2 hours ago by Dow Jones

  2 hours ago by Dow Jones
  Companies Mentioned: PLNT
  
  By Janet H. Cho
  
  Planet Fitness shares rose nearly 6% on Thursday despite lowered guidance for the year. Investors are focused on the fitness center operator's plan to raise membership prices.
  

• DJ Planet Fitness Says Election Year Uncertainty Affecting Guidance -- Market Talk, from 5 hours ago by Dow Jones

  5 hours ago by Dow Jones
  Companies Mentioned: PLNT
  
  1542 ET - Planet Fitness says it's providing a wider guidance range because of uncertainty related to the U.S. election. The gym chain's revenue was slightly short of forecasts in 1Q, which the company says was partially because of right-wing social media backlash to an incident related to the company's trans-inclusive bathroom policy. The company seemingly can't rule out politics affecting results for the rest of the year. "There are things that swirl around, and it's certainly been a choppier first few months than we expected coming into the year," CFO Tom Fitzgerald says. Planet Fitness expects revenue to increase 4% to 6% this year, compared with previous outlook of 6% to 7%.(ben.glickman@wsj.com; @benglickman)
  

• DJ Planet Fitness Weighs Lifting Prices for Premium Cards -- Market Talk, from 5 hours ago by Dow Jones

  5 hours ago by Dow Jones
  Companies Mentioned: PLNT
  
  1520 ET - After announcing an increase to cost of the company's basic gym plan, Planet Fitness isn't ruling out more price hikes. The gym chain says that its classic card will now be $15 a month, compared to its longtime price of $10. That comes after about half a year of testing in various locations. Interim CEO Craig Benson says on a call with analysts that the company will start testing higher prices for its premium black card in the summer, around when the classic card price hikes will go into effect for new customers. More than 60% of members join as black card members. Shares rise 6.9% to $66.13. (ben.glickman@wsj.com; @benglickman)
  

• DJ Right-Wing Media Backlash Dents Planet Fitness Revenue -- Market Talk, from 6 hours ago by Dow Jones

  6 hours ago by Dow Jones
  Companies Mentioned: PLNT
  
  1433 ET - Right-wing backlash to an incident at a Planet Fitness weighed on the company's results in 1Q. Interim CEO Craig Benson says on a call with analysts that an incident at an Alaska gym is believed to have caused softer joins and an increase in cancellations in March. The incident involved Planet Fitness's trans-inclusive bathroom policy, and garnered calls for boycotts and led to some reports of bomb threats at individual locations. Benson says the company's policy is in-line with industry peers and has been in place for years. Planet Fitness reduces full-year revenue growth guidance. Shares are up 9.7% to $67.88.(ben.glickman@wsj.com; @benglickman)
  

• DJ Planet Fitness Up Nearly 9%, on Pace for Largest Percent Increase Since November 2023 -- Data Talk, from 7 hours ago by Dow Jones

  7 hours ago by Dow Jones
  Companies Mentioned: PLNT
  
  Planet Fitness, Inc. Class A (PLNT) is currently at $67.41, up $5.56 or 8.99%
  
  --Would be highest close since Feb. 15, 2024, when it closed at $67.63
  
  --On pace for largest percent increase since Nov. 7, 2023, when it rose 13.41%