Planet Fitness Appoints Tom Fitzgerald as Interim CFO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy PLNT?
Planet Fitness announced that Tom Fitzgerald, who previously served as Planet Fitness' CFO, has been appointed Interim CFO, effective March 9. Fitzgerald's appointment follows the departure of Jay Stasz from the company. The company, with the support of a leading executive search firm, has initiated the process to identify a permanent CFO.
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Analyst Views on PLNT
Wall Street analysts forecast PLNT stock price to rise
13 Analyst Rating
13 Buy
0 Hold
0 Sell
Strong Buy
Current: 76.290
Low
120.00
Averages
133.25
High
185.00
Current: 76.290
Low
120.00
Averages
133.25
High
185.00
About PLNT
Planet Fitness, Inc. is a franchisor and operator of fitness centers in the world. The Company operates in three segments: Franchise, Corporate-owned club, and Equipment. The Franchise segment includes operations related to the Company’s franchising business in the United States, Puerto Rico, Canada, Panama, Mexico and Australia. The Corporate-owned clubs segment includes operations with respect to all Corporate-owned clubs throughout the United States, Canada, and Spain. The Equipment segment includes the sale of equipment to franchisee-owned clubs. The Company's subsidiaries operate three lines of business, which include licensing and selling franchises under the Planet Fitness trade name, owning, and operating fitness centers, and selling fitness-related equipment to franchisee-owned stores. It operates 2,735 clubs in all 50 states: the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia and Spain.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Planet Fitness Expands Store Footprint Significantly
- Store Expansion Plan: As of December 31, 2025, Planet Fitness has expanded its locations from 1,124 in 2015 to 2,896, with potential growth to 5,000 in the U.S., indicating strong market demand and expansion capability.
- Significant Membership Growth: Planet Fitness currently boasts 20.8 million members, making it one of the largest fitness chains globally, and despite a volatile macroeconomic environment, its customer base has significantly increased, reflecting the brand's appeal and successful market positioning.
- Profitability Enhancement: Earnings per share are expected to rise by 60% from 2025 to 2028, significantly outpacing the projected 34% revenue growth, indicating the profit potential of its franchise model and higher business quality compared to competitors like Peloton.
- Franchise Model Advantages: With only 10% of locations owned by the company and 90% franchised, this capital-light approach reduces investment needs, while signed agreements for 750 new clubs demonstrate robust market demand and expansion capability.
See More
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See More
Planet Fitness Under Investigation Amid Stock Price Drop
- Investigation Launched: Pomerantz LLP is investigating whether Planet Fitness has engaged in securities fraud or other unlawful business practices, which could undermine investor confidence and lead to stock price volatility.
- Disappointing Earnings: On February 24, 2026, Planet Fitness announced its financial results for Q4 and full year 2025, projecting a revenue increase of approximately 9%, which fell short of market consensus, potentially affecting future investment decisions.
- Stock Price Reaction: Following the earnings announcement, Planet Fitness's stock price dropped by 8.97%, losing $8.14 per share to close at $82.61, indicating heightened market concerns regarding the company's outlook.
- Legal Implications: Pomerantz LLP, a prominent law firm specializing in securities class actions, may lead to significant liabilities for the company if the investigation yields unfavorable results, further impacting its market performance.
See More
Planet Fitness Appoints Interim CFO Amid Transition
- Interim CFO Appointment: Planet Fitness announced the appointment of former CFO Tom Fitzgerald as interim CFO following the departure of Jay Stasz, indicating the company's commitment to stability and operational continuity during executive transitions.
- Executive Search Initiated: The company has begun a search for a permanent finance chief with the support of an executive search firm, demonstrating its focus on financial leadership and clear strategic direction for the future.
- Financial Guidance Reaffirmed: Planet Fitness reaffirmed its previously announced financial guidance for 2026, targeting a 9% revenue growth, which reflects the company's confidence in its future performance.
- Expansion of Retention Initiatives: The company is expanding its AI-driven member retention initiatives aimed at enhancing customer loyalty and long-term revenue growth potential, showcasing its ongoing focus on maintaining market competitiveness.
See More
Tom Fitzgerald Appointed Interim CFO as Planet Fitness Reaffirms 2026 Guidance
- Interim CFO Appointment: Former CFO Tom Fitzgerald has been appointed as the Interim CFO of Planet Fitness, succeeding the departed Jay Stasz, and is expected to leverage his deep institutional knowledge and leadership experience to support the company's financial strategy.
- Executive Search Initiated: The company has engaged a leading executive search firm to initiate the process of finding a permanent CFO, demonstrating a commitment to the stability of its executive team while ensuring consistency in financial management moving forward.
- 2026 Financial Guidance Reaffirmed: Planet Fitness has reaffirmed its financial guidance for 2026, indicating confidence in future growth despite facing industry competition and market uncertainties, and remains committed to achieving its long-term strategic objectives.
- Brand and Growth Potential: Fitzgerald emphasized the strong brand and resilient characteristics of Planet Fitness, noting the significant long-term growth opportunities the company has in the global fitness market, and is expected to drive the execution of strategic and financial objectives through his interim leadership role.
See More
Planet Fitness: A Potential Gem in the Fitness Industry
- Expansion Strategy: As of December 31, 2025, Planet Fitness has expanded to 2,896 clubs from 1,124 in 2015, with a long-term goal of reaching 5,000 locations in the U.S., indicating strong market growth potential.
- Significant Membership Growth: With 20.8 million members, Planet Fitness maintains its 'high-value, low-price' positioning despite raising the base membership fee from $10 to $15 in 2024, and nearly 67% of members are opting for the upgraded Black Card.
- Franchise Model Efficiency: Only 10% of its gyms are company-owned, allowing Planet Fitness to scale efficiently with plans to open 750 new locations, and projected earnings per share are expected to rise by 60% from 2025 to 2028, highlighting the profitability of its franchise system.
- Strong Financial Performance: Planet Fitness consistently reports healthy revenue growth, and while its price-to-earnings ratio stands at 30.9, investors must determine if this represents an attractive entry point, showcasing its high-quality business characteristics in the fitness industry.
See More
Planet Fitness Expands Store Footprint Significantly
- Store Expansion Plan: As of December 31, 2025, Planet Fitness has expanded its locations from 1,124 in 2015 to 2,896, with potential growth to 5,000 in the U.S., indicating strong market demand and expansion capability.
- Significant Membership Growth: Planet Fitness currently boasts 20.8 million members, making it one of the largest fitness chains globally, and despite a volatile macroeconomic environment, its customer base has significantly increased, reflecting the brand's appeal and successful market positioning.
- Profitability Enhancement: Earnings per share are expected to rise by 60% from 2025 to 2028, significantly outpacing the projected 34% revenue growth, indicating the profit potential of its franchise model and higher business quality compared to competitors like Peloton.
- Franchise Model Advantages: With only 10% of locations owned by the company and 90% franchised, this capital-light approach reduces investment needs, while signed agreements for 750 new clubs demonstrate robust market demand and expansion capability.
See More
Latest Wall Street Rating Updates
- JPMorgan Upgrades Oracle: JPMorgan upgraded Oracle from neutral to overweight, citing a 55% drop in shares since mid-September that has de-risked valuation, while shifting investor expectations to a lower bar for FY30 targets and OpenAI ramp.
- Evercore Reiterates Netflix Outperform: Evercore ISI's survey indicates strengthening customer satisfaction and pricing power for Netflix, reinforcing its status as a high-quality asset in global streaming, supported by unmatched scale and localized content production.
- Barclays Double Upgrades Arthur J. Gallagher: Barclays upgraded Arthur J. Gallagher from underweight to overweight, viewing the insurance company as a “great” defensive play in the current market environment, highlighting its resilience amid economic uncertainty.
- Barclays Reiterates Tesla Equal Weight: Barclays noted Tesla's battery energy storage system sales are capacity constrained, but expansion supports robust growth ahead, with expectations for Tesla to maintain top global market share in 2025, showcasing significant potential in the storage market.
See More
Planet Fitness Under Investigation Amid Stock Price Drop
- Investigation Launched: Pomerantz LLP is investigating whether Planet Fitness has engaged in securities fraud or other unlawful business practices, which could undermine investor confidence and lead to stock price volatility.
- Disappointing Earnings: On February 24, 2026, Planet Fitness announced its financial results for Q4 and full year 2025, projecting a revenue increase of approximately 9%, which fell short of market consensus, potentially affecting future investment decisions.
- Stock Price Reaction: Following the earnings announcement, Planet Fitness's stock price dropped by 8.97%, losing $8.14 per share to close at $82.61, indicating heightened market concerns regarding the company's outlook.
- Legal Implications: Pomerantz LLP, a prominent law firm specializing in securities class actions, may lead to significant liabilities for the company if the investigation yields unfavorable results, further impacting its market performance.
See More
Planet Fitness Appoints Interim CFO Amid Transition
- Interim CFO Appointment: Planet Fitness announced the appointment of former CFO Tom Fitzgerald as interim CFO following the departure of Jay Stasz, indicating the company's commitment to stability and operational continuity during executive transitions.
- Executive Search Initiated: The company has begun a search for a permanent finance chief with the support of an executive search firm, demonstrating its focus on financial leadership and clear strategic direction for the future.
- Financial Guidance Reaffirmed: Planet Fitness reaffirmed its previously announced financial guidance for 2026, targeting a 9% revenue growth, which reflects the company's confidence in its future performance.
- Expansion of Retention Initiatives: The company is expanding its AI-driven member retention initiatives aimed at enhancing customer loyalty and long-term revenue growth potential, showcasing its ongoing focus on maintaining market competitiveness.
See More
Tom Fitzgerald Appointed Interim CFO as Planet Fitness Reaffirms 2026 Guidance
- Interim CFO Appointment: Former CFO Tom Fitzgerald has been appointed as the Interim CFO of Planet Fitness, succeeding the departed Jay Stasz, and is expected to leverage his deep institutional knowledge and leadership experience to support the company's financial strategy.
- Executive Search Initiated: The company has engaged a leading executive search firm to initiate the process of finding a permanent CFO, demonstrating a commitment to the stability of its executive team while ensuring consistency in financial management moving forward.
- 2026 Financial Guidance Reaffirmed: Planet Fitness has reaffirmed its financial guidance for 2026, indicating confidence in future growth despite facing industry competition and market uncertainties, and remains committed to achieving its long-term strategic objectives.
- Brand and Growth Potential: Fitzgerald emphasized the strong brand and resilient characteristics of Planet Fitness, noting the significant long-term growth opportunities the company has in the global fitness market, and is expected to drive the execution of strategic and financial objectives through his interim leadership role.
See More
Planet Fitness: A Potential Gem in the Fitness Industry
- Expansion Strategy: As of December 31, 2025, Planet Fitness has expanded to 2,896 clubs from 1,124 in 2015, with a long-term goal of reaching 5,000 locations in the U.S., indicating strong market growth potential.
- Significant Membership Growth: With 20.8 million members, Planet Fitness maintains its 'high-value, low-price' positioning despite raising the base membership fee from $10 to $15 in 2024, and nearly 67% of members are opting for the upgraded Black Card.
- Franchise Model Efficiency: Only 10% of its gyms are company-owned, allowing Planet Fitness to scale efficiently with plans to open 750 new locations, and projected earnings per share are expected to rise by 60% from 2025 to 2028, highlighting the profitability of its franchise system.
- Strong Financial Performance: Planet Fitness consistently reports healthy revenue growth, and while its price-to-earnings ratio stands at 30.9, investors must determine if this represents an attractive entry point, showcasing its high-quality business characteristics in the fitness industry.
See More
