Actualités Planet Fitness
Location data firm Placer.ai, which tracks where people shop, work, and live using their mobile phones, just raised $50 million27 Apr, 12:00, Business Insider • Développer
Summary List Placement Location data company Placer.ai announced today that it has raised a $50 million Series B round. The round was led by Josh Buckley, tech investor and CEO of Product Hunt, and included participation from largest proptech investor Fifth Wall, as well as previous investors JBV Capital and Aleph VC. This round brings the total raised for the Bay Area- and Israel-based company to $66 million. The company declined to provide a valuation. Placer uses mobile phone location data to provide a wide range of customers with information about foot traffic and migration patterns. Location data is a key piece of the puzzle for forward-looking real estate firms, which are turning to data sets to make decisions about their portfolios. Traditionally, the data was used by retail landlords and retailers themselves to quantify their foot traffic and provide another metric than overall sales performance to understand how a location was doing. But now, office managers could use location data to figure out how to structure a socially distant floor plan, while multifamily landlords might analyze it to figure out how to build rentals where Americans are moving.
Piper Sandler cut Planet Fitness to neutral, citing some short-term concerns but lauding its longer-term prospects.
Summary List Placement When Academy Sports & Outdoors went public in the midst of the COVID-19 pandemic last fall there was a surge in demand for at-home fitness equipment and outdoor gear. The Katy, Texas-based retailer's stock has nearly doubled in price since its IPO, but it's shorted at 39.4%, according to MarketBeat data . That's even more than meme stock GameStop and mall-owner Tanger Outlets. "As a business operator, I'm not too excited about people who think I'm going to fail," Academy's Chief Executive Officer Ken Hicks told Insider. Earlier this week, the company posted record fourth-quarter and full-year sales , with the help of strong demand for certain sporting goods, like at-home fitness , outdoor cooking, biking, and fishing. Since the company went public in October, shares of the sporting goods company have risen from about $14 to $27. Now as the pandemic begins to wind down, investors across the fitness segment are weighing whether the demand is here to stay. With a high short-interest, some say the company could be next in line for retail investors on the Reddit thread Wall Street Bets.
Jump-Start Spring With The Planet Fitness Black Card®; Join For $0 Enrollment For A Limited Time Only From March 15 - 1615 Mar, 12:30, PR Newswire • Développer
HAMPTON, N.H., March 15, 2021 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, invites everyone to get ahead of their springtime workout routines with a special offer…
Here are the biggest calls on Wall Street on Thursday.
HAMPTON, N.H., March 1, 2021 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., announced today that the Company is participating in the Raymond James Institutional Investor Conference on…
Shares in Planet Fitness Inc. (NYSE: PLNT ) were trading lower Friday after the company reported dismal fourth-quarter results . Revenue took a big hit due to the coronavirus pandemic and resulting gym closures. Planet Fitness was also unable to provide 2021 guidance. It’s not all bad news, however, and analysts believe the bottom for Planet Fitness may be in. With the rollout of vaccines, Planet Fitness plans to restart its marketing campaign, paused since March 2020, and said the brunt of its lost revenue came from the inability to acquire new members as opposed to cancellations, although it did suspend payments from existing customers while gyms were closed. On the conference call, Planet Fitness CEO Chris Rondeau highlighted that as of now, 90% of its locations have reopened. Planet Fitness reported fourth-quarter adjusted EPS of 17 cents, missing the estimate of 22 cents, and total revenue of $133.8 million, missing the Street estimate of $137.2 million. Planet Fitness Ratings, Price Targets : D.A.
HAMPTON, N.H., Feb. 18, 2021 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its fourth quarter ended December 31, 2020. "With our members' health, safety and best interests at the forefront of our decisions, combined with the strong foundation we've…
Planet Fitness may delivered a positive earnings surprise Stock market Insights & financial analysis17 Feb, 21:15, Stock Market Daily • Développer
Planet Fitness announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
Summary List Placement Dogecoin's 1,500% rally in 2021 had made the meme-based cryptocurrency worth $10 billion. These 11 well-known companies are now worth less than a shiba inu-inspired cryptocurrency. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Dogecoin, a meme-inspired cryptocurrency that was started as a joke in 2013, is now worth more than $10 billion after a gravity-defying year-to-date rally of 1,500%. The rally was sparked by a series of tweets from Elon Musk , as well as Snoop Dogg, and Gene Simmons. An overall increase in demand for crypto among investors following bitcoin's surge to nearly $50,000 likely also helped support the recent rally in Dogecoin. Dogecoin differs from bitcoin in that there is no hard limit on the total supply of coins. Bitcoin has a fixed supply of about 21 million coins, of which not all have been mined yet. Dogecoin on the other hand has more than 100 billion coins outstanding, with 5 billion in new coins hitting the supply every year.
Berenberg Bank Stick to Their Hold Rating for Planet Fitness
Stephen Kindler Jr. doesn't want to call his firm's acquisition of 16 Planet Fitness gyms in Ohio and Pennsylvania, in the middle of the pandemic, a gamble. "But definitely it
Check out the pitch deck startup Raydiant, which aspires to be the Square of in-store tech, used to raise $13 million from investors including Mark Wahlberg01 Feb, 17:33, Business Insider • Développer
Summary List Placement Mark Wahlberg, the movie star and owner of burger chain Wahlburgers, wanted to be able to talk to all the employees and customers at his restaurants at once — to "go live" from one of the chain's locations and communicate with everyone in the store at once. Video-conferencing tools were tricky, and a massive conference would have been impossible. The burger chain, which has video screens for menus and social media in every location, found a solution through Raydiant, an internet-of-things startup that runs an operating system for businesses to sync their technology. It's been used at Wahlburgers locations for years, and the young company ended up creating a tool so Wahlberg could broadcast to everyone at once. Now he's an investor in their latest fundraising round. Raydiant just raised $13 million in their Series A, which was led by venture capital firms 8VC and Atomic, and included money from Wahlberg. The goal of the company is to be Square is to point-of-sale transactions or what Roku is streaming but for technology at store locations, said Bobby Marhamat, the firm's CEO. "You need things to work," he said. "There's no platform that does what ours does." Below is the 13-page pitchdeck that raised $13 million for the San Francisco-based company.
Move It This February To Planet Fitness - Join For $0 Enrollment, Then $10 A Month With No Commitment From Feb. 1 - 11↳ 13:30, PR Newswire • Développer
HAMPTON, N.H., Feb. 1, 2021 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, invites everyone to keep moving with a special offer to join for $0 enrollment, then $10 a…
HAMPTON, N.H., Jan. 28, 2021 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its fourth quarter ended December 31, 2020 after the market closes on Thursday, February 18, 2021. The Company will discuss its…
Limited Time Offer: Join Planet Fitness For $0 Enrollment, Then $10 A Month With No Commitment From Jan. 25 - 2725 Jan, 13:30, PR Newswire • Développer
HAMPTON, N.H., Jan. 25, 2021 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, invites everyone to get moving in 2021 with a special offer to join for $0 enrollment,…
The CEO of Planet Fitness is bracing for a brick-and-mortar fitness boom as the company creates content to disrupt digital offerings made popular by the pandemic24 Jan, 14:35, Business Insider • Développer
Summary List Placement Planet Fitness CEO Chris Rondeau believes the US is headed toward a post-pandemic fitness boom "like we've never seen." While competitors like Gold's Gym and 24 Hour Fitness went from temporarily closing locations to ultimately turning off the lights for good in 2020, Planet Fitness has managed to stay afloat, without a single permanent closure across its 2,000 national locations. The pandemic, however, has inflicted significant damage to the chain. Planet Fitness lost an estimated 1 million of its 14 million total members in the second half of 2020. Rondeau said those members are now steadily coming back and that 90% of Planet Fitness locations are open to the public today. Most of its currently closed locations are in California. "COVID fatigue is real," Rondeau told Insider. "People are coming out and joining, and they're not canceling at elevated levels right now. I'm pretty confident that the first quarter here we'll begin to start adding members and have growth for a broad section of our stores.
Planet Fitness has expanded its board with two new members from outside of the fitness industry, adding 7-Eleven’s chief operating officer and the CEO of Mexican restaurant chain El Pollo Loco as the in-person gym industry struggles amid COVID-19. The fitness chain this week appointed El Pollo Loco CEO Bernard Acoca and 7-Eleven COO Christopher […]
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