Planet Fitness Posts Mixed Q1 Earnings
Planet Fitness Inc (NYSE:PLNT) reported first-quarter FY22 sales growth of 66.9% year-on-year to $186.68 million, missing the consensus of $189.96 million. Revenue from the Franchise segment rose 25.7% Y/Y to $65.6 million, the Corporate-owned stores climbed 101.1% to $76.2 million, and Equipment gained 206.2% Y/Y to $30.4 million. Total operating costs and expenses…
Benzinga ·