Health and Fitness Club Industry News: Chains
Sunday, May 31st, 2026
Planet Fitness And Its Franchisees Raise More Than $1 Million For Boys & Girls Clubs of America
Posted: November 27, 2017 in Chains
HAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced that, together with its franchisees and members, it has raised more than $1 million for its nonprofit partner, Boys & Girls Clubs of America, as a result of the company's October membership sale. The annual fundraising effort, now in its second year, supports Planet Fitness' philanthropic initiative, The Judgement Free Generation, which aims to prevent bullying and promote kindness. Since 2016, Planet Fitness and its franchisees have donated nearly $3 million in support of the cause. Read More...
Planet Fitness, Inc. Announces Third Quarter 2017 Results
Posted: November 7, 2017 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2017. Third Quarter Fiscal 2017 highlights include: Total revenue increased from the prior year period by 12.1% to $97.5 million. System-wide same store sales increased 9.3%. Net income attributable to Planet Fitness, Inc. was $15.3 million, or $0.18 per diluted share, compared to net income attributable to Planet Fitness, Inc. of $3.4 million, or $0.08 per diluted share in the prior year period. Net income was $18.9 million, compared to net income of $14.9 million in the prior year period. Adjusted net income increased 17.9% to $18.7 million, or $0.19 per diluted share, compared to $15.9 million, or $0.16 per diluted share in the prior year period. Adjusted EBITDA increased 22.4% to $43.4 million from $35.4 million in the prior year period. 31 new Planet Fitness franchise stores were opened during the period, bringing system-wide total stores to 1,432 as of September 30, 2017. Read More...
Planet Fitness Announces Leadership Appointments
Posted: October 25, 2017 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 U.S., announced the appointments of Craig Miller as Chief Digital & Information officer and Rob Sopkin as Chief Development Officer. Mr. Miller will be responsible for driving the vision and leadership of the company's technology innovation, as well as managing its digital information systems, while Mr. Sopkin will lead the company's strategic and aggressive system-wide expansion efforts. "As we continue to build upon our strong leadership team, these appointments will further support and drive our future growth. Craig and Rob are both highly accomplished leaders in their respective fields with exceptional experience delivering strong results to support leading brands," said Chris Rondeau, Chief Executive Officer of Planet Fitness, Inc. Read More...
Planet Fitness Appoints Cammie Dunaway To Board Of Directors
Posted: October 16, 2017 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 U.S., announced the appointment of Cammie Dunaway to its board of directors, effective immediately. Mrs. Dunaway joins the Planet Fitness Board with more than 25 years of experience leading the marketing and general management of global brands like Yahoo!, Nintendo and Frito-Lay. Most recently, Mrs. Dunaway served as U.S. President and Global Chief Marketing Officer at Kidzania. Read More...
Now, Through October 13, Planet Fitness to Donate 100% of All New Member Enrollment Fees to Boys & Girls Clubs of America
Posted: October 2, 2017 in Chains
HAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., aims to spread kindness and end bullying this October (National Bullying Prevention Month) by donating 100% of all new member enrollment fees now through October 13 to its nonprofit partner, Boys & Girls Clubs of America. The promotion, which last year raised more than $1 million, helps support programs to prevent bullying and promote a culture of kindness through Planet Fitness' philanthropic initiative, The Judgement Free Generation. Read More...
Planet Fitness, Inc. Announces Second Quarter 2017 Results
Posted: August 9, 2017 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its second quarter ended June 30, 2017. Second Quarter Fiscal 2017 highlights include: Total revenue increased from the prior year period by 17.3% to $107.3 million. System-wide same store sales increased 9.0%. Net income attributable to Planet Fitness, Inc. was $12.4 million, or $0.16 per diluted share, compared to net income attributable to Planet Fitness Inc. of $4.1 million, or $0.11 per diluted share in the prior year period. Net income was $18.0 million, compared to net income of $18.1 million in the prior year period. Adjusted net income increased 28.9% to $21.7 million, or $0.22 per diluted share, compared to $16.8 million, or $0.17 per diluted share in the prior year period. Adjusted EBITDA increased 30.3% to $47.9 million from $36.8 million in the prior year period. 37 new Planet Fitness franchise stores were opened during the period, bringing system-wide total stores to 1,403 at June 30, 2017. Read More...
Planet Fitness and its Franchisees Award $50,000 in Inaugural Judgement Free Generation Scholarship Program
Posted: July 27, 2017 in Chains
HAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, announced it has awarded 10 deserving high school students nationwide as the recipients of its inaugural Judgement Free Generation Scholarship Program. As the home of the Judgement Free Zone, Planet Fitness seeks to recognize young people who have promoted kindness, acceptance and inclusion in their communities, qualities that Planet Fitness and its charitable partner, Boys & Girls Clubs of America, strongly support. As part of the program, each scholarship recipient will receive $5,000 toward their college education. Read More...
Planet Fitness Expands to Panama
Posted: July 20, 2017 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 U.S., announced the upcoming opening of its first club in Panama. The country's first Judgement Free Zone in Santa Maria is expected to officially open this fall with a second location opening in Centennial by the end of 2017. The club will feature brand-name cardio and strength equipment, circuit training, fully-equipped locker rooms with day lockers and showers, numerous flat screen televisions and free small group fitness instruction by certified trainers. A 30-year fitness industry veteran and Planet Fitness franchisee for 13 years, Dave Leon, is the owner and operator of the Santa Maria and Centennial locations. Read More...
First Planet Fitness Powered by the Sun
Posted: July 10, 2017 in Chains
HAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced that its St. Petersburg club has partnered with Solar Energy Management to become the first 24/7 Planet Fitness to be a net-zero energy building. The updated, energy efficient Planet Fitness, located at 5335 66th Street North, St. Petersburg, FL 33709, is now 99.5% reliant on sustainable solar power. Read More...
Planet Fitness Honored For Excellence In Corporate Social Impact
Posted: June 7, 2017 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, announced that the company has been honored with Engage for Good's 2017 Gold Halo Award in the social services category. The award recognizes the Company's impact with its pro-kindness, anti-bullying initiative, The Judgement Free Generation, and was announced at the 15th Annual Engage for Good (formerly Cause Marketing Forum) Conference in Chicago on June 1, 2017. The Halo Awards are North America's highest honor in recognition of organizations that have taken action and positively affected their communities with effective social and cause marketing initiatives. Read More...
Planet Fitness, Inc. Announces First Quarter 2017 Results
Posted: May 2, 2017 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2017. Total revenue increased from the prior year period by 9.3% to $91.1 million. System-wide same store sales increased 11.1%. Net income increased 9.3% to $17.9 million, or $0.14 per diluted share, compared to net income of $16.3 million, or $0.09 per diluted share in the prior year period. Adjusted net income increased 21.2% to $18.4 million, or $0.19 per diluted share, compared to $15.2 million, or $0.15 per diluted share in the prior year period. Adjusted EBITDA increased 23.3% to $42.3 million from $34.3 million in the prior year period. 54 new Planet Fitness stores were opened system-wide compared to 48 in the year ago period, bringing system-wide total stores to 1,367 at March 31, 2017. Read More...
