Planet Fitness reports healthy earnings

Planet Fitness reports healthy earnings

The growth certainly isn’t slowing for Planet Fitness Inc., since the Newington-based gym chain launched its initial public offering in August. In a financial statement, the company said it is opening up roughly 200 stores a year, including a franchise in Keene that opened its doors last Wednesday. The fitness franchise said it had up to 1,014 gyms on June 30 and that it has commitments from franchise owners to open another 1,000 gyms over the next seven years, half of which will be open within the next three years, said CEO Chris Rondeau in an earning calls following an earnings statement released shortly after the Labor Day weekend. “We’re lucky to have two types of customers – our members and our franchisees. One we bring wealth and one we bring health,” Rondeau said…full story at http://healthclubnews.org



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