Planet Fitness fell late Tuesday after the gym chain missed earnings and revenue views amid the coronavirus shutdown.
The picture for companies like Planet Fitness isn’t as dire as some might fear, however, one analyst says.
Peloton reported booming revenue and subscriber growth and raised full-year targets as coronavirus shutdowns fuel demand.
Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2020 and provided a further update on its response to COVID-19.
Peloton Interactive (PTON) surged higher again after the at-home exercise company revealed that it has more than 1 million Connected Fitness subscribers. Peloton stock went higher despite short-seller Citron Research claimed that "retail mania" is driving its price higher. Subscription figures for its digital platform, which does not require one of the firm's internet connected exercise bikes or treadmills, have...
After its best growth year, the coronavirus pandemic completed disrupted business operations for Gold's Gym.
Shares of Planet Fitness (NYSE: PLNT), Hertz Global Holdings (NYSE: HTZ), and Avis Budget Group (NASDAQ: CAR), three companies that would greatly benefit from a rebounding economy, were jumping over 10% Monday morning as a number of positive developments give investors hope. Powell also noted that the Fed could unleash new lending programs and adjust the pace of its asset purchases. The news that the Fed has more ammunition to offset COVID-19 impacts, and that Moderna is seeing promise in a vaccine, are huge developments for companies like Planet Fitness, Hertz, and Avis, which have been hit hard by social distancing and travel restrictions.
Planet Fitness (NYSE: PLNT), one of the largest franchisors and operators of fitness centers in the U.S., was performing very strongly prior to the onset of the coronavirus pandemic. Since the company's IPO in August 2015 to January 31st of this year, the stock produced a total return of 342%. This is compared to the 55% total return of the S&P 500 during the same time period.
The best companies are rising to the top but can they beat again even with the coronavirus impacts?
Planet Fitness (PLNT) first-quarter 2020 results hurt by decline in franchise and equipment segments sales.
In this episode of Industry Focus: Consumer, Emily Flippen and Motley Fool contributor Dan Kline discuss retail bankruptcies and how coronavirus is affecting retail businesses. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Peloton's latest quarter went a long way in supporting the bull case for its stock. Yahoo Finance talks with Peloton founder John Foley.
Two workout specialists appear to be pedaling in different directions right now, but they're both positioned to win later this year.
PLNT earnings call for the period ending May 7, 2020.
The gym chain's stock has fallen roughly 23% in 2020, while the S&P; 500 index is down roughly 12% across the same stretch.
In the past two weeks PLNT has weakened and closed back below the declining 50-day moving average line.
Exercise company Peloton posted its third quarter earnings report, detailing a 66% surge in revenue amid the coronavirus pandemic. James Hardiman, Wedbush Securities Managing Director, joins Yahoo Finance's On The Move to weigh in.
Wayfair, Planet Fitness, Fox, Etsy and Shopify as Zacks Bull and Bear of the Day
Q1 2020 Planet Fitness Inc Earnings Call
Planet Fitness (PLNT) delivered earnings and revenue surprises of -55.56% and -18.91%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?