Health and Fitness Club Industry News: Chains
Sunday, May 31st, 2026
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...
Planet Fitness Coming to Traverse City, MI
Posted: January 7, 2016 in Chains
TRAVERSE CITY, MI - Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices with memberships for only $10 a month, will be opening its first club in Traverse City, across from the Grand Traverse Mall. The club is scheduled to open in March, and membership sales will start on February 3rd for just $1 down and $10 a month. Read More...
Planet Fitness Takes Over Times Square With ‘Judgement Free’ New Year’s Eve Celebration
Posted: December 29, 2015 in Chains
NEW YORK, N.Y. - Happy New Year's Eve! Preparations are underway as Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, will be the presenting sponsor of the Times Square New Year’s Eve Celebration. In cooperation with Times Square Alliance and Countdown Entertainment, Planet Fitness will ring in a ‘Judgement Free’ 2016 with over one million attendees in Times Square and more than one billion television viewers worldwide. Read More...
Planet Fitness Returns As ‘The Biggest Loser’ National Gym Partner For Fifth Year
Posted: December 28, 2015 in Chains
NEWINGTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, announced that the brand will be the national gym partner of NBC's 'The Biggest Loser' for the fifth year in a row. Premiering Monday, January 4 (9-11 p.m. ET) with new host Bob Harper, 'The Biggest Loser' will feature an updated state-of-the-art gym powered by Planet Fitness. Read More...
Planet Fitness Now Open in Weatherford, Texas
Posted: December 14, 2015 in Chains
WEATHERFORD, TX - Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices, announced a new location in Weatherford, Texas. The 20,000 square foot club is currently offering special memberships for just $1 down and $10 a month with no commitment. Read More...
Planet Fitness Coming to Ponca City and Enid, Oklahoma
Posted: December 8, 2015 in Chains
OKLAHOMA CITY, OK - Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices with memberships for only $10 a month, will be opening two new locations in Ponca City and Enid, Oklahoma. Ponca City is slated to open by mid-February and Enid in the Spring of 2016. Read More...
Planet Fitness Opens New Club in Marshall, Texas
Posted: November 24, 2015 in Chains
MARSHALL, TX - Planet Fitness announces the grand opening of a new facility in Marshall, Texas. The 17,000 square foot facility is offering grand opening memberships for just $1 down and $10 a month with no commitment. Planet Fitness prides itself on providing a high-quality experience at an exceptional value and being home of the Judgement Free Zone, where members experience a hassle-free, non-intimidating environment. Each club also features the brand's iconic "Lunk Alarm," a purple and yellow siren on the wall used as a light-hearted, gentle reminder that grunting, dropping weights or judging others is not permitted. Read More...
Planet Fitness, Inc. Announces Third Quarter 2015 Results
Posted: November 12, 2015 in Chains
NEWINGTON, N.H. Planet Fitness Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2015. Third Quarter Fiscal 2015 Highlights include: Total revenue increased from the prior year period by 8.4% to $68.8 million. System-wide same store sales increased 6.9%. Net loss was $3.9 million compared to net income of $8.1 million in the prior year period. Pro forma adjusted net income(1) increased 6.6% to $10.3 million, or $0.10 per diluted share, compared to $9.7 million, or $0.10 per diluted share in the prior year period. Adjusted EBITDA(1) increased 11.8% to $26.5 million from $23.7 million in the prior year period. 26 new Planet Fitness stores were opened system-wide during the period. Read More...
Planet Fitness To Take Over Times Square With ‘Judgement Free’ New Year’s Eve Celebration
Posted: November 11, 2015 in Chains
NEWINGTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, announced that the brand known for its Judgement Free Zone, non-intimidating atmosphere and affordable prices, will be the presenting sponsor of the Times Square New Year’s Eve Celebration. In cooperation with Times Square Alliance and Countdown Entertainment, Planet Fitness will ring in a ‘Judgement Free’ 2016 with over one million attendees in Times Square and more than one billion television viewers worldwide. Read More...
