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Planet Fitness' stock hits a record high after strong Q3 results and a membership fee increase.
Planet Fitness' stock reached a record high following strong Q3 2024 financial results, with revenue up 5% and same-store sales rising 4.3%.
The company reported adjusted earnings per share of 64 cents, surpassing expectations.
It has raised its annual revenue growth forecast to at least 8%.
Additionally, Planet Fitness announced a $15 increase in its Classic Card membership fee, the first hike in 25 years, and aims to expand to 5,000 locations.
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Las acciones de Planet Fitness alcanzan un máximo récord después de fuertes resultados de Q3 y un aumento en las cuotas de membresía.