Health and Fitness Club Industry News: Chains
Monday, March 30th, 2026
Planet Fitness Announces Second Quarter 2016 Results
Posted: August 11, 2016 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its second quarter ended June 30, 2016: Total revenue increased from the prior year period by 15.9% to $91.5 million. System-wide same store sales increased 7.6%. Net income was $18.1 million, or $0.11 per diluted share, compared to net income of $11.6 million in the prior year period. Adjusted net income increased 27.5% to $16.8 million, or $0.17 per diluted share, compared to $13.2 million in the prior year period. Adjusted EBITDA increased 18.6% to $36.8 million from $31.0 million in the prior year period. 36 new Planet Fitness franchise stores were opened during the period, bringing system-wide total stores to 1,206 at June 30, 2016. Read More...
Planet Fitness Appoints Frances Gregg Rathke to Board of Directors
Posted: August 4, 2016 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced the appointment of Frances Gregg Rathke to the Planet Fitness Board of Directors' Audit Committee. Chris Rondeau, Chief Executive Officer of Planet Fitness, Inc. said, "I am excited to welcome Fran, a seasoned financial executive, to our Board of Directors. She brings with her a wealth of business and finance expertise leading entrepreneurial growth companies which will be highly beneficial to Planet Fitness and our shareholders as we continue to build on brand momentum and execute our growth strategy." Read More...
Planet Fitness Scheduled to Open Second Club in Columbus, Georgia
Posted: July 18, 2016 in Chains
COLUMBUS, GA - Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices, announced plans to open its second location in Columbus, GA. The club is scheduled to open by mid-August. The new 20,000 square-foot Planet Fitness will offer an extensive selection of the latest cardio equipment including treadmills, ellipticals, arc trainers, stair climbers and stationary bikes, each connected to its own HDTV; state of the art strength equipment for both upper and lower body, a 30-Minute Express Circuit and luxurious locker rooms with day lockers and showers. The club will also feature a PF Black Card Spa, with multi-level tanning, HydroMassage beds and lounges as well as reclining massage chairs. Unlimited fitness training is also included in all memberships at no additional charge. Read More...
Planet Fitness Ranked One of The Best Franchises In America By Forbes
Posted: July 1, 2016 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., ranked #4 on Forbes' annual list of America's Best and Worst Franchises in the category of best franchises with an initial investment of $500,000 and over. "We are thrilled to be acknowledged as one of the best franchises in America," said Planet Fitness' Chief Executive Officer, Chris Rondeau. "The ranking further demonstrates that our easy-to-operate model, strong store-level economics and brand strength make for a highly attractive franchise system built for growth; one that has enabled us to attract a team of passionate, successful franchisees from a variety of industries." Read More...
Planet Fitness CEO Chris Rondeau Named Ey Entrepreneur Of The Year 2016 Award Winner In New England Region
Posted: July 1, 2016 in Chains
NEWINGTON, NH - EY announced that Chris Rondeau, Chief Executive Officer of Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., received the EY Entrepreneur Of The Year 2016 Award in the Consumer Services category in New England. This year marks the 30th anniversary of the EY Entrepreneur Of The Year Award program. The award recognizes outstanding entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities. “I’m incredibly honored to receive this prestigious award, especially in the Customer Services category,” said Planet Fitness' Chief Executive Officer, Chris Rondeau. “Planet Fitness was founded with the purpose to enhance people’s lives by providing an affordable, high-quality fitness experience in a non-intimidating environment where everyone feels like they belong. My passion for my work is continuously inspired by the drive to deliver value for our members and success for our franchisees.” Read More...
Planet Fitness Says Don’t Sweat The Swimsuit
Posted: June 23, 2016 in Chains
NEWINGTON, N.H. - With the first official week of summer underway, and with bathing suit season in full swing, a new survey by Planet Fitness shows that showing some skin is a source of some major summer stress. According to the independent survey, one-third (33%) of Americans would rather go to the dentist than wear a bathing suit this summer. The surveyed showed that "beachtimidation" is just as real as "gymtimidation," with nearly half (46%) of respondents claiming they do not feel confident about their body in a bathing suit. Read More...
Planet Fitness to Open First Club in Owosso, MI
Posted: June 8, 2016 in Chains
OWOSSO, MI - Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices, announced a July opening for a new club in Owosso, Michigan. The club will offer special pre-sale memberships for just $1 down and $10 a month with no commitment. The pre-grand opening was Monday, June 6, 2016 in the actual club with the club scheduled to open by the end of July, marking the chain's first location in Owosso. Read More...
Planet Fitness Announces First Quarter 2016 Results
Posted: May 10, 2016 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its first quarter ended March 31, 2016: Total revenue increased from the prior year period by 8.3% to $83.3 million. System-wide same store sales increased 6.8%. Net income was $16.3 million compared to net income of $8.5 million in the prior year period. Pro forma adjusted net income increased 20.5% to $15.2 million, or $0.15 per diluted share, compared to $12.6 million, or $0.13 per diluted share in the prior year period. Adjusted EBITDA increased 20.4% to $34.3 million from $28.5 million in the prior year period. 48 new Planet Fitness franchise stores were opened during the period, bringing system-wide total stores to 1,171 at March 31, 2016. The company brought in 1 million net new members, equating to 864 net new members per store. Read More...
HydroMassage and Planet Fitness Partner to Offer Free Massages Nationwide During Tax Week
Posted: April 11, 2016 in Suppliers
CLEARWATER, FL - HydroMassage kicks off its 8th annual “Free Massage During Tax Week” offer this year between Monday, April 18th and Friday, April 22nd. New in 2016 is a partnership with Planet Fitness to extend the free HydroMassage promotion to more than 1,000 Planet Fitness locations. Read More...
Planet Fitness Strengthens Corporate Team With Four New Hires
Posted: April 7, 2016 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced several key new hires in Operations, Real Estate and Finance, specifically: Jim Esposito appointed Senior Vice President, Corporate Club Operations, Brian Zehetner appointed Director of Health and Fitness, Josh Beyer appointed Vice President of Real Estate & Construction, and, Brian O’Donnell appointed Vice President and Corporate Controller. Read More...
Planet Fitness Opens in Traverse City
Posted: March 25, 2016 in Chains
TRAVERSE CITY, MI - Planet Fitness announced the opening of its newest club in Traverse City, Michigan. The new Traverse City Planet Fitness offers state of the art cardio machines and strength equipment, fully equipped locker rooms with day lockers and showers, numerous flat screen televisions, HydroMassage beds, massage chairs, tanning and a Total Body Enhancement. The club will be open and staffed 24 hours a day seven days a week. Read More...
Planet Fitness Ranked #1 Smartest-Growing Franchise Brand
Posted: March 14, 2016 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., secured the number one position on the Franchise Times “Fast & Serious” list, which ranks the smartest-growing franchise brands that have staying power. Read More...
Planet Fitness, Inc. Announces Fourth Quarter and Fiscal Year 2015 Results
Posted: March 3, 2016 in Chains
NEWINGTON, N.H.- Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its fourth quarter and fiscal year ended December 31, 2015. Year-end highlights include: Total revenue increased from the prior year by 18.1% to $330.5 million. System-wide same store sales increased 7.7%. Net income was $38.1 million compared to net income of $37.3 million in the prior year. Pro forma adjusted net income increased 26.2% to $53.2 million, or $0.54 per diluted share, compared to $42.2 million, or $0.43 per diluted share in the prior year. Adjusted EBITDA 22.8% to $123.5 million from $100.5 million in the prior year. 209 new Planet Fitness stores were opened system-wide during the year. Read More...
Planet Fitness Midwest Franchise Group Doubles Its Original St. Louis Expansion Plan
Posted: February 4, 2016 in Chains
ST. LOUIS - Planet Fitness Midwest (PFMW) franchise group announced its plans to double its original expansion plan for the St. Louis area to 22 clubs. Planet Fitness is the innovative health club franchise known for its Judgement Free Zone and affordable prices with memberships for only $10 a month. Read More...
Planet Fitness Opens New Club in Ponca City, OK
Posted: February 2, 2016 in Chains
PONCA CITY, OK - Planet Fitness is proud to announce the grand opening of its eighth club in Oklahoma, located in Ponca City. The 17,000 square-foot club is now open and is offering special grand opening memberships for just $1 down and $10 a month. Read More...
