Health and Fitness Club Industry News: Chains
Wednesday, September 30th, 2026
Planet Fitness, Inc. Announces First Quarter 2020 Results and Provides COVID-19 Update
Posted: May 5, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) has reported financial results for its first quarter ended March 31, 2020 and provided a further update on its response to COVID-19. The majority of stores remain temporarily closed and will reopen when local authorities issue guidelines authorizing the reopening of fitness centers, which has begun to happen in certain localities. The following is a summary of the current status of Planet Fitness and the actions taken to mitigate the financial impact of COVID-19 and preserve liquidity to-date... Read More...
Planet Fitness and iFit Unite to Bring New Streaming Workouts to Member’s Homes
Posted: April 13, 2020 in Chains, Suppliers
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, has announced a partnership with iFit, a leader in streaming home workouts, and the pioneer in interactive connected fitness technology with more than 275 patents. As leaders in both the in-club and at-home connected fitness industries, Planet Fitness and iFit have united to create new in-home workouts for people of all fitness levels and interests that are fun, motivating and judgement free. Read More...
Planet Fitness Changes to a Virtual-Only Format for Its Annual Meeting of Shareholders
Posted: April 6, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, has announced that, due to the public health and safety concerns related to the COVID-19 pandemic, the Company will change its 2020 Annual Meeting of Shareholders (including any adjournments or postponements, the "Annual Meeting") to a virtual-only format. As previously announced, the Annual Meeting will be held at 2:00 PM EST on Thursday, April 30, 2020. Read More...
Planet Fitness Provides Business Update in Response to COVID-19
Posted: March 30, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, has provided a further update on its response to COVID-19. Read More...
Planet Fitness Provides Update on COVID-19
Posted: March 18, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, has announced updates to its business operations. In response to the evolving COVID-19 pandemic, and with the majority of stores system-wide temporarily closed as March 17, Planet Fitness has made the decision to close the remainder of its corporate stores through March 31st and is strongly urging its franchisees to do the same. The Company will reevaluate the timing of reopening on an ongoing basis. Planet Fitness has recently enhanced the functionality of its mobile app to include access to fitness content and over 500 exercises for in-home workouts. The company is encouraging members to utilize this amenity during this time of social distancing. Read More...
Planet Fitness Appoints Enshalla Anderson to Board of Directors
Posted: February 3, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the United States with more members than any other fitness brand, has announced the appointment of Enshalla Anderson to its Board of Directors, effective immediately. Additionally, the Company has announced internal senior leadership appointments focused on strengthening its leadership team to support its accelerating growth. Read More...
Planet Fitness Will Once Again be the National Gym Sponsor of USA Network’s “The Biggest Loser”
Posted: January 24, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, announced it is the official national gym partner of the reboot of the popular TV series, 'The Biggest Loser.' A revamped version of the original hit series, 'The Biggest Loser,' will provide 12 contestants with a 360-degree view of what it takes to make positive lifestyle changes. Contestants will then prepare for each week's challenge in 'The Biggest Loser' gym that is completely equipped by Planet Fitness. Read More...
Planet Fitness Ranked #7 In Entrepreneur Magazine’s Franchise 500
Posted: January 16, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, has announced it has been ranked number seven in Entrepreneur Magazine's Franchise 500, the world's first, best and most comprehensive franchise ranking, for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. Read More...
Planet Fitness Reaches 2,000th Location Milestone
Posted: January 7, 2020 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, announced that it has opened its 2,000th location in Colorado Springs, Colorado on December 31st, 2019. The Company also opened its 2,001st location on December 31, 2019, bringing its 2019 total openings to a record 261. Read More...
Justin Drummond Named COO of PF Growth Partners
Posted: December 26, 2019 in Chains
TIMONIUM, MD - PF Growth Partners, LLC, an award-winning franchise division of Planet Fitness, has promoted Justin S. Drummond to Chief Operating Officer. Drummond joined PF Growth Partners in February 2010 as General Manager of the Planet Fitness club in Catonsville, Maryland. As regional manager, he later facilitated the opening of the 1,000th Planet Fitness club, located in Washington, DC. He has advanced to manage operations in the Maryland, District of Columbia and Florida markets, served as interim COO from March 2019 to December 2019 and earned the distinction of being PF Growth Partners’ longest-tenured employee. Read More...
