Planet Fitness: Cramer’s Top Takeaways

Planet Fitness: Cramer’s Top Takeaways

Planet Fitness: Cramer's Top Takeaways….. an “Government Determination” phase, Cramer sat down with Chris Rondeau, CEO of Planet Fitness Inc. (PLNT – Get Report) , the healthclub chain with 1,500 places and shares that added seventy two% final yr.

Rondeau stated that when retailers shut shops, that's nice information for Planet Fitness, as landlords are clamoring for places that drive tons of visitors, particularly throughout off hours. The Planet Fitness mannequin has confirmed itself to work all over the place, and the chain now has places in all 50 states.

Planet Fitness: Cramer's Top Takeaways

Rondeau added that forty three% of their members have by no means belonged to fitness center earlier than. They recognize the snug, non-intimidating environment, whereas the corporate maximizes efficiencies via its scale.

Planet Fitness is way from executed rising, Rondeau stated, as the corporate has improvement agreements already in place for an additional 1,000 places throughout the nation.

Cramer and the AAP workforce taking some income on DXC Know-how (DXC – Get Report) . Discover out what they're telling their funding membership members and get in on the dialog with a free trial subscription to Motion Alerts PLUS

Over on Actual Cash, Cramer says we've been in a commerce struggle with China for ages. Get extra on his insights with a free trial subscription to Actual Cash.

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The publish Planet Fitness: Cramer's Top Takeaways appeared first on Well being Membership Information.

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