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Planet Fitness
👤 Person

Planet Fitness

American fitness center franchise

📊 Rating

4 news mentions · 👍 0 likes · 👎 0 dislikes

💡 Information Card

Who / What

Planet Fitness is an American franchisor and operator of fitness centers headquartered in Hampton, New Hampshire. It is one of the largest fitness club franchises globally, both in terms of locations and membership count. The company operates approximately 2,715 clubs.


Background & History

Planet Fitness was founded in 1992 in Dover, New Hampshire, by Michael Grondahl and Marc Grondahl. The company aimed to create a non-intimidating, affordable gym environment, often referred to as a "Judgement Free Zone." A key milestone was its expansion through franchising, which propelled its growth to become a major player in the fitness industry.


Why Notable

Planet Fitness is notable for its significant scale, with thousands of locations making it one of the largest fitness chains in the world. Its unique branding and low-cost model have made gym memberships accessible to a broad demographic. The company has played a major role in shaping the affordable fitness sector and has a substantial membership base.


In the News

Planet Fitness frequently appears in news related to its expansion strategies and financial performance. Recent developments often focus on its franchise growth and market position amidst evolving fitness trends.


Key Facts

  • Type: corporation
  • Also known as: PF
  • Founded / Born: 1992, Dover, New Hampshire, USA
  • Key dates: Founded in 1992
  • Geography: United States (headquartered in Hampton, New Hampshire)
  • Affiliation: Fitness industry

  • Links

  • [Wikipedia](https://en.wikipedia.org/wiki/Planet_Fitness)
  • Sources

    📌 Topics

    • Corporate Governance (2)
    • Shareholder Voting (1)
    • Financial Disclosure (1)
    • Stock Ratings (1)
    • Fitness Industry (1)
    • Leadership Change (1)
    • Corporate Finance (1)

    🏷️ Keywords

    Planet Fitness (4) · DEF 14A (1) · proxy statement (1) · shareholder meeting (1) · director election (1) · executive compensation (1) · corporate governance (1) · Form 4 (1) · SEC filing (1) · insider trading (1) · stock transaction (1) · Morgan Stanley (1) · Overweight rating (1) · stock analysis (1) · equity research (1) · Tom Fitzgerald (1) · interim CFO (1) · financial operations (1) · leadership transition (1)

    📖 Key Information

    Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. The company has around 2,715 clubs, making it one of the largest fitness club franchises by number of members and locations.

    📰 Related News (4)

    🔗 Entity Intersection Graph

    Morgan Stanley(1)Thomas Fitzgerald(1)SEC filing(1)Planet Fitness

    People and organizations frequently mentioned alongside Planet Fitness:

    🔗 External Links