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Dick’s Sporting Goods reported eye-popping quarterly earnings and sales growth Wednesday, saying consumers flocked to its website for hiking gear, kayaks, weights and workout clothes to stay busy during the coronavirus crisis.
As one of the leading franchisors and operators of fitness centers in the United States, Planet Fitness (NYSE:PLNT) had quite the run of success up until the coronavirus pandemic forced the stock to drop 25% year to date. The company's sales in Q2 2020 (ended June 30) were down 77.9% from the prior-year period as...
Attention lawmakers: The battered gym industry — who has been left out of stimulus measures thus far — could also use a few bucks when you get around to passing a fresh round of COVID-19 fiscal relief.
Hilton Worldwide Holdings Inc. was sued over its decision to renege on an agreement to buy a stake in ClassPass Inc., a start-up that allows users to take classes at boutique gyms without buying a membership.
A respected Nike analyst stated in a new report that the company could lay off 7% to 10% of its staff – as many as 7,500 people -- in coming months.
The company has become the premier name where technology and exercise equipment intersect.
The IHRSA Board of Directors has appointed Mr. Brent Darden as Interim President and Chief Executive Officer, effective immediately.
A former SoulCycle executive says she was demoted after informing her employer that she was pregnant, and then fired barely a month after giving birth. While the boutique cycling studio told her that her position had to be eliminated due to the economic impacts of the coronavirus pandemic, she was unconvinced, saying that she had...
Peloton shares dropped more than 4.5% in premarket trading Thursday on a report that Apple is working on a subscription service for digital fitness classes.
Nautilus Inc. NLS, 12.22% shares were up 12% in after-hours trading Monday after the fitness-equipment maker reported fiscal second-quarter revenue that elevated well past Wall Street estimates, pushing the company's stock to its highest price in nearly two years. Nautilus reported a net loss of... READ MORE @ Market Watch
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