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Raising membership fees for the first time in decades.
Hopefully the mens locker room gets tampon machines, and the womens gets stand up toilets.
The Lunk Alarm is real.
All hail chicks with dicks!!
CALLED 5300 MAGGOT...THIS CORRECTION IS GOING TO BE FOLLOWED BY A HUGE BOUNCE...WATCH AND LEARN AND IM GOING TO MAKE YOU LOOK STUPID ONCE AGAIN...
"How’s that big market crash you called last week moron. Most embarrassing 🤡 on this 🤡 site"
ROTFLMAO!!!!!!!!!!!!!
"New CEO of Planet Fitness required ‘unconscious bias training, hiring through DEI lens’ at previous job"
So basically more of the same.
https://www.msn.com/en-us/news/other/new-ceo-of-planet-fitness-required-unconscious-bias-training-hiring-through-dei-lens-at-previous-job/ar-AA1ng6Ex
IM BANNED FROM THE BOARD SO I COULD NOT LET THE MAGGOTS KNOW WHAT WAS COMING
PLANET FITNESS ALLOWING NAKED MEN IN WOMEN'S SHOWER!!!!!!!
Male who identifies as female ARRESTED after stripping N*KED in a Planet Fitness women’s locker room.
“It’s a man but he says he identifies as a woman, and he won’t leave the restroom. But he is just walking around showing us his --- and he won’t leave” a caller told 911 dispatch.
COPS ARRESTED THE FREAK:
PLANET FITNESS IS SELF DESTRUCTING!!!!!!!! THEY ARE DRIVING THEIR OWN CUSTOMERS AWAY BY PROMOTING THEIR SICK AGENDA!!!!!!
LOL, YOU'RE THE ONE FLIPPING PENNY STOCKS!!!!!!!!
ROTFLMAO!!!!!!!!!!
YOU'RE BROKE SO IT FEELS LIKE HYPER INFLATION
INFLATION IS UP 20% SINCE 2020!!!!!!!!
.... GOING ***HIGHER***!!!!!!!!!!
DON'T YOU KNOW ANYTHING??????
LMAO...HYPER INFLATION...U HAVE BEEN WATCHING TOO MANY CLOWN YOU TUBE VIDS
How’s that big market crash you called last week moron. Most embarrassing 🤡 on this 🤡 site
PLNT IS DRIVING THEIR OWN CUSTOMERS AWAY.... NOBODY WANTS PERVERTS IN CHANGING ROOMS AND SHOWERS!!!!!!!!!
planet fitness insiders have dumped 66 million share over past 12 months and have only bought 681,500 shares..
Ok here is inside scoop on planet fitness. First they are bleeding members this comes from corporate management meeting. First I know that planet fitness is planning on building a third bathroom for its new gyms they plan to build and are standing firm about their transgenders policy. bleeding members at Midwest. gyms are losing lots of members because churches have told their congregation around the country to quit the gym. I know gyms where this is happening. Example one gym had close too fortymembers quit over a two day period this week alone Specifically tied to the issue at hand and were told to quit by their church. Once again will not invest due to the information not being corporate released info. Except to management across the corporation.
SHORT THIS CRAP INTO OBLIVION!!!!!!!!!!
THESE CLOWNS WILL GO BANKRUPT!!!!!!!!!!
I was in a planet fitness when the manager was a having conference for the franchise area the entire area is having a lot of cancellations due to trans the controversy. They have had a lot of cancellations. Anyways I can't invest due to me over hearing this information. Ps i witnessed members quiting over the issue.
Stick a fork in this one. Their problems are only getting started.
I love FAFO, by far my favorite game to watch
This woke trash is going to need a free Bud Light. Letting men into the women's locker room, was a very bad idea.
Enjoy the Bud Light treatment morons.
Down it goes!!!
Planet Fitness
The latest company to play #FAFO
Do u think planet fitness will be open after covid
Anyone here think a Covid vaccine will be forthcoming by 1st quarter 2021? If so, gyms would be poised to make a strong rebound and seems like a great time to enter into gym stocks especially Planet Fitness.
With social distancing and rising Covid-19 cases, I'm surprised this stock is doing as well as it is.
Oddly, PLNT has far outperformed the S&P 500 over the past 6 months to a year.
Good thing I never short stocks. Shorting is almost always a dumb, overly risky move. Buffett doesn't short stocks.
But that SA article bashing PLNT WAS pretty convincing. No doubt gyms are going up everywhere. I have little doubt there will be a costly correction eventually.
Ye time to go short imo
What's wrong with you people ?
Never mind. SMH
I don't know what that post means? "Buys sick?"
I didn't know anyone who buys sick "NEEDS" to post on here in order to legally buy a share.
Scathing SA PRO article on SA by Jonathan Selsick:
"Conclusion
This is a case of private equity doing what private equity is supposed to do. They bought into a growing company, helped it grow rapidly over five years, figured out a way to extract as much revenue as possible from franchisees, and then when the time was right, decided to take the company public and exit their investment for the highest price possible.
The structure of the deal, with the tax receivable agreement, the controlled release of shares to the public, the special dividend, and the way they account for equipment revenue, seem like a carefully planned strategy by clearly some sophisticated investors. It's almost a textbook example on maximizing value extraction. With an understanding of how brilliantly TSG has managed this exit, I would probably expect another quarter or two of aggressive growth targets and maximizing non-recurring income which most people view as real income, as they push to keep the growth story momentum going before they unload their final tranche of equity onto the public.
But my guess is that once they are out of the loop, we will see some serious moderation in growth.
Based on using what we feel are very generous assumptions, and correctly understanding that the large part of their income which is non-recurring should not be capitalized or valued with a multiple, results in a value for the stock of $9.40 per share versus the $21.70 where it trades at today. Finally, just on pure principle, I would never own a company that was subject to a tax receivable agreement, but assuming you are okay with it, the valuation is still extremely high. Buy a gym membership, it's a good deal - but run away from the stock.
Disclosure: I am/we are short PLNT."
You bought $200,000 in PLNT stock and never posted again?
MikeBK205: "Just bought 10K shares today!""
PLNT = VERY BULLISH (StockTA.com)
http://www.stockta.com/cgi-bin/analysis.pl?symb=PLNT
Portion in 8-k on One-Time Cash Dividend:
Item 8.01 Other Events:
On November 10, 2016, the Board of Directors of the Corporation declared a special cash dividend of $2.78 per share payable on December 5, 2016 to its Class A common stock holders of record as of 5:00 p.m. Eastern time on November 22, 2016. The dividend, which together with other equivalent payments (including payments of $2.78 per unit to unit-holders of Pla-Fit Holdings, LLC other than the Corporation), represents an aggregate payment of approximately $275 million, will be funded through existing cash and proceeds from the Credit Facilities.
I'm gonna put the word out about PLNT...great company and stock...latest news regarding one-time 2.78 cash dividend needs to be known!
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Business Summary |
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Planet Fitness, Inc., through its subsidiaries, franchises and operates fitness centers. The company operates in three segments: Franchise, Corporate-owned stores, and Equipment. The Franchise segment is involved in the franchise of fitness centers in the United States, Puerto Rico, and Canada. The Corporate-owned stores segment operates corporate-owned stores in the United States and Canada. The Equipment segment engages in the sale of fitness equipment to franchisee-owned stores. As of March 31, 2015, the company had 976 stores, which include 919 franchised stores and 57 corporate-owned stores located in 47 states, Puerto Rico, and Canada. Planet Fitness, Inc. was founded in 1992 and is headquartered in Newington, New Hampshire.
• 918 stores as of December 31, 2014, compared to 389 as of December 31, 2010, reflecting a compound annual growth rate (“CAGR”) of 23.9%;
• 6.1 million members as of December 31, 2014, compared to 2.3 million as of December 31, 2010, reflecting a CAGR of 27.6%;
• 2014 system-wide sales of $1.2 billion, reflecting a CAGR of 30.1%, or increase of $774.3 million, since 2010;
• 2014 total revenue of $279.8 million, reflecting a CAGR of 32.0%, or increase of $187.5 million, since 2010, of which 3.6% is attributable to revenues from corporate-owned stores acquired from or sold to franchisees since 2010;
• 33 consecutive quarters of system-wide same store sales growth (which we define as year-over-year growth solely of monthly dues from stores that have been open and for which membership dues have been billed for longer than 12 months);
• 2014 Adjusted EBITDA of $100.6 million, reflecting a CAGR of 45.3%, or increase of $78.0 million, since 2010; and
• 2014 net income of $37.3 million, reflecting a CAGR of 22.6%, or increase of $20.8 million, since 2010. Our historical results benefit from insignificant income taxes due to our status as a pass-through entity for U.S. federal income tax purposes, and we anticipate future results will not be consistent as our income will be subject to U.S. federal and state taxes.
Planet Fitness, Inc.
26 Fox Run Road
Newington, NH 03801
United States - http://maps.yahoo.com/maps_result?addr="26%20Fox%20Run%20Road&csz=Newington%20NH%2003801&country=United%20States"" rel="nofollow" target="_blank">http://maps.yahoo.com/maps_result?addr=26%20Fox%20Run%20Road&csz=Newington%20NH%2003801&country=United%20States" rel="nofollow">Map
Phone: 603-750-0001
Website: http://www.planetfitness.com
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Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised |
Planet Fitness
Planet Fitness is an American franchise of fitness centers based in Newington, New Hampshire. Each gym features exercise equipment and fitness instructors to assist its members. It markets itself as a "Judgement Free Zone" that caters to novice...
Planet Fitness is an American franchise of fitness centers based in Newington, New Hampshire. Each gym features exercise equipment and fitness instructors to assist its members. It markets itself as a "Judgement Free Zone" that caters to novice and casual gym users. Planet Fitness opened its 500th location on December 27, 2012.
History
The fitness club was founded in 1992, when Michael Grondahl acquired a financially struggling gym and dramatically reduced prices to compete against better-known brands. This low-cost business model focuses on the needs of occasional or first-time health club members, rather than more experienced members.There are 53 corporate-owned gyms, with the rest being independently owned and operated. The franchise is concentrated mostly in the Northeast, but has expanded into a nationwide franchise. The Franchise has been added to the Inc. 500 list.
In 2011, the co-founding Grondahl brothers were still leading the company, along with Chris Rondeau, who started out as the CFO (chief financial officer). More specifically, as the company continued to grow, the roles underwent some changes. Currently, Michael Grondahl serves as a board member, Chris Rondeau serves as CEO, and Mark Grondahl serves as CFO.
In the Fall of 2013, the Planet Fitness franchise gained a new partnership with TSG Consumer Partners LLC. This partnership was negotiated and completed in just 30 days with the help of Richard Moore, who is currently the general counsel and chief administration officer for Planet Fitness.
Statistics
Planet Fitness currently has 1000 locations with an estimated 6 million members across 48 states in the U.S.In December 2014 Planet Fitness opened their first international location in Toronto, Canada. The second Toronto location opened in early 2015.
Sponsors
As of January 2012, it is the national gym sponsor of NBC's reality show, The Biggest Loser. The contestants on the show will work out on Planet Fitness equipment while at The Biggest Loser Ranch in Calabasas, California, and then at Planet Fitness gyms near their homes, working with Planet Fitness fitness instructors.In March of 2013, Planet Fitness partnered with 50 Cent to sell his energy drink "Street King"
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Form S-1 (REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933)
http://www.sec.gov/Archives/edgar/data/1637207/000119312515230459/d888681ds1.htm
Sources
http://www.sec.gov/Archives/edgar/data/1637207/000119312515230459/d888681ds1.htm
http://sussle.org/t/Planet_Fitness
http://www.marketwatch.com/story/planet-fitness-shares-tumble-below-ipo-price-in-trading-debut-2015-08-06?siteid=yhoof2
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