Health and Fitness Club Industry News: Chains
Thursday, July 30th, 2026
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...
Planet Fitness Opens 100th New York State Location In Brooklyn, NY
Posted: October 30, 2015 in Chains
NEWINGTON, NH - New York continues to become a more judgement-free, less intimidating state for gym goers. Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, announced an exciting milestone with the recent opening of its 100th club in New York State located in Brooklyn at 1245 Fulton Street in Bed-Stuy. Read More...
Planet Fitness to Open First Dominican Republic Location in Santo Domingo
Posted: October 15, 2015 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 upcoming opening of its first club in the Dominican Republic. This marks the Company’s second international expansion, with its first international locations opening in Canada within the past year. Read More...
Planet Fitness to Open First Club in Mt. Pleasant, MI in December 2015
Posted: October 13, 2015 in Chains
MT. PLEASANT, MI - Planet Fitness, the innovative health club franchise known for its Judgement Free Zone and affordable prices, announced a December opening for a new club in Mt. Pleasant, at 2135 Mission St. The club will offer special pre-sale memberships for just $1 down and $10 a month with no commitment. The pre-sale office will be open Monday, November 2, 2015 with the club scheduled to open by the end of the year, marking the chain's first location in Mt. Pleasant. Read More...
Planet Fitness Appoints David P. Berg To Board Of Directors
Posted: September 17, 2015 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 David P. Berg to the Planet Fitness Board of Directors, effective immediately. Read More...
Planet Fitness Announces Second Quarter 2015 Results – Second Quarter Total Revenue Increased 26% to $79.0 Million
Posted: September 3, 2015 in Chains
NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its second quarter ended June 30, 2015. Second Quarter Fiscal 2015 Highlights included: Total revenue increased from the prior year period by 25.9% to $79.0 million. System-wide same store sales increased 7.3%. Net income was $11.5 million compared to $8.8 million in the prior year period. Pro forma adjusted net income(1) increased 28.9% to $12.9 million, or $0.13 per diluted share, compared to $10.0 million, or $0.10 per diluted share in the prior year period. Adjusted EBITDA(1) increased 27.5% to $31.0 million from $24.3 million in the prior year period. 38 new Planet Fitness stores added system-wide during the period. Read More...
Breaking News: The Planet Fitness IPO Launched Today
Posted: August 6, 2015 in Chains
NEW YORK, N.Y. - Today, with the opening of the New York Stock Exchange, the Planet Fitness IPO took place and their stock began to trade under the ticker symbol PLNT (See Video). The IPO was estimated to raise $216 million for Planet Fitness. Stay Tuned, as we will have full coverage of the IPO in our August 2015 Edition of Club Insider. Read More...
Planet Fitness To Raise $216 Million With Initial Public Offering
Posted: July 28, 2015 in Chains
NEWINGTON, N.H. - Planet Fitness has begun its initial public offering. The Newington, New Hampshire-based workout center chain announced 13,500,000 shares of its Class A common stock Monday. The company says underwriters will have a 30-day option to buy up to an additional 2,025,000 shares. The price range for the IPO is estimated to be between $14 and $16 per share, which would raise $216 million. Read More...
