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Equity Bottom-Up

Planet Fitness Inc Cl A / Equity Bottom-Up

<ul><li>Planet Fitness plans to open new stores over the next 10 years, with a focus on international markets and exploring new retail formats like off-mall locations</li><li>The company aims to open 44 new clubs in 3Q24 and 260 clubs in the next 3 years</li><li>PLNT's price increase on memberships and aggressive new store development strategy position it for strong comp growth and expansion, capitalizing on the demand for fitness and wellness services.</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

Planet Fitness plans to open new stores over the next 10 years, with a focus on international markets and exploring new retail formats like off-mall locationsThe company aims to open 44 new clubs in 3Q24 and 260 clubs in the next 3 yearsPLNT's price increase on memberships and aggressive new store development strategy position it for strong comp growth and expansion, capitalizing on the demand for fitness and wellness services.This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Planet Fitness (PLNT) - Tuesday, Oct 15, 2024