Planet Fitness
Planet Fitness Reports Strong Q2, Charts Next Chapter Under New CEO
New Planet Fitness CEO Colleen Keating says the gym giant will pursue Gen Z, test its Black Card pricing and focus on international growth.
Planet Fitness Opens First Gym in Spain, More Planned
Gym giant Planet Fitness has broken ground in Spain, opening its first club in Sabadell as part of its strategic growth plan in Europe.
Gym Visits Up in Q2 as EoS, Crunch Lead the Way
Gym visits in the U.S. remained elevated year-over-year in Q2, with low-price brands EoS Fitness and Crunch Fitness leading the way.
Planet Fitness Price Hike Likely To Benefit Gym Industry, Analysts Say
Planet Fitness raised its base membership fee for the first time in 26 years, a move that could set a new pricing floor for the gym industry.
Price Is the Leading Cause of Gym Membership Cancellations, Survey Finds
In a poll conducted by YouGov, cost was the most common reason people gave for canceling their gym membership.
EoS Fitness Seeking $100M To Fund Growth, Per Report
EOS Fitnes plans to open over 250 gyms by 2030. It's reportedly eyeing at least $100 million in private funding to support that goal.
Vasa Fitness Builds Out Exec Team, Eyes More Expansion
Vasa Fitness, an HVLP gym chain, is bringing on senior leaders including a former Planet Fitness exec as it looks to continue growing.
Planet Fitness Sells $800M in Asset-Backed Bonds
New Planet Fitness CEO Colleen Keating takes the helm June 10th amid a challenging time for the popular low-price gym giant.
Planet Fitness Plans Refinancing To Manage Debt
A refinancing transaction would see Planet Fitness issue $600 million in new securitized debt which can potentially grow to $800 million.
Gyms See Foot Traffic Surge in Q1, Shaking Off Early Concerns
Major gym brands including Planet Fitness, Life Time and Crunch Fitness have seen YoY visitation numbers increase nearly week this year.
