Planet Fitness to increase membership fee for first time in nearly 30 years [FOX Business Network]
Planet Fitness, Inc. (PLNT)
Last planet fitness, inc. earnings: 2/25 04:05 pm
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Source: FOX Business Network
The cost of the classic membership will increase by $5 to $15 a month for new members, Planet Fitness executives said Thursday as they discussed the company's first-quarter results. The increase will go into effect in the summertime. The fitness center chain has charged a monthly $10 fee for the tier for nearly three decades. "Only new members who joined after it goes into effect will pay $15 for a monthly membership fee," CFO Thomas Fitzgerald said. "Current Classic Card members will continue to pay $10 for the duration of their membership." He said Planet Fitness is seeking to "further enhance the average unit volumes for our stores" with the membership price increase.
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- Even a Fraud Conviction Won't Keep Nikola's Founder Away From the Company [Yahoo! Finance]Yahoo! Finance
- PLANET FITNESS' HIGH SCHOOL SUMMER PASS™ RETURNS; TEENS WORK OUT FREE JUNE 1 - AUGUST 31 [Yahoo! Finance]Yahoo! Finance
- Planet Fitness offers free summer workout pass for teens, high school students [Yahoo! Finance]Yahoo! Finance
- Planet Fitness, Inc. (NYSE: PLNT) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $78.00 price target on the stock, up previously from $68.00.MarketBeat
- Analyst revamps Planet Fitness stock price target after membership change [Yahoo! Finance]Yahoo! Finance
PLNT
Earnings
- 5/9/24 - Beat
PLNT
Sec Filings
- 5/9/24 - Form 10-Q
- 5/9/24 - Form 8-K
- 5/6/24 - Form 8-K
- PLNT's page on the SEC website