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Planet Fitness Stock Plunges After Slashing Guidance, Halting Price Hikes

Planet Fitness stock plunged by 30% after the company slashed its guidance, withdrew its three-year outlook, and canceled planned price increases for its Black Card memberships. This news overshadowed its Q1 earnings beat, which saw non-GAAP EPS of $0.74 and revenue of $337.2M.

7 May, 15:59 — 7 May, 20:05
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Analyzing sources…

Source Diversity

Source Diversity

Moderate (27/100)
2 sources— more sources would strengthen this score15/33
Spectrum spread2/5 buckets covered8/33
Far L
Left1
Left (1)
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Center
Right1
Right (1)
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Far R
Geographic diversity1 region4/34
US2
All sources from US region
Only 2 sources cover this story