Planet Fitness Shares Rise, Boosted by Membership and Store Growth ...Middle East

Key Takeaways Planet Fitness beat profit and sales estimates and raised its outlook as it added members and locations. Interim CEO Craig Benson announced a new effort to make owning and operating a store more attractive. Benson also indicated that he was helping the board search for a replacement for former CEO Chris Rondeau. Shares of Planet Fitness (PLNT) skyrocketed after the operator of fitness centers posted better-than-expected results and raised its guidance as it added members and stores. The company reported third quarter fiscal earnings per share (EPS) of $0.59, with revenue gaining 13.6% from the prior year to $277.6 million. Both exceeded forecasts. Same-store sales

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Planet Fitness Shares Rise, Boosted by Membership and Store Growth ...Middle East

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