Planet Fitness falls on forecasting annual comparable sales, profit below expectations

Planet Fitness

25/02/2025 12:08

** Shares of gym chain Planet Fitness  PLNT.N  down 2% at
$97.4 premarket
    ** Company forecasts annual system-wide same-store-sales to
grow in a range of 5%-6%, below analysts' expectations of 6.5%
growth, according to data compiled by LSEG
    ** Co expects annual adjusted net income to grow between 8%
to 9%, below analysts' expectations of 14% increase
    ** Adjusted net income per share, diluted to increase in the
11%-12% range, below expectations of 16.9% growth
    ** PLNT stock rose 35.4% in 2024

 (Reporting by Aamir Sohail in Bengaluru)
 ((Aamir.Sohail@thomsonreuters.com;))