Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Planet Fitness to increase membership fee for first time in nearly 30 years By: FOX Business May 10, 2024 at 10:11 AM EDT Planet Fitness’ classic gym membership will get $5 more expensive come summertime. The fitness chain is raising its classic membership to $15 a month for new members. Planet Fitness’ classic gym membership will get more expensive for the first time in 26 years.The cost of the classic membership will increase by $5 to $15 a month for new members, Planet Fitness executives said Thursday as they discussed the company’s first-quarter results. The increase will go into effect in the summertime.GET FOX BUSINESS ON THE GO BY CLICKING HEREThe fitness center chain has charged a monthly $10 fee for the tier for nearly three decades."Only new members who joined after it goes into effect will pay $15 for a monthly membership fee," CFO Thomas Fitzgerald said. "Current Classic Card members will continue to pay $10 for the duration of their membership." PLANET FITNESS NAMES COLLEEN KEATING AS NEW CEOHe said Planet Fitness is seeking to "further enhance the average unit volumes for our stores" with the membership price increase. Related Stocks: Planet Fitness Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Planet Fitness to increase membership fee for first time in nearly 30 years By: FOX Business May 10, 2024 at 10:11 AM EDT Planet Fitness’ classic gym membership will get $5 more expensive come summertime. The fitness chain is raising its classic membership to $15 a month for new members. Planet Fitness’ classic gym membership will get more expensive for the first time in 26 years.The cost of the classic membership will increase by $5 to $15 a month for new members, Planet Fitness executives said Thursday as they discussed the company’s first-quarter results. The increase will go into effect in the summertime.GET FOX BUSINESS ON THE GO BY CLICKING HEREThe fitness center chain has charged a monthly $10 fee for the tier for nearly three decades."Only new members who joined after it goes into effect will pay $15 for a monthly membership fee," CFO Thomas Fitzgerald said. "Current Classic Card members will continue to pay $10 for the duration of their membership." PLANET FITNESS NAMES COLLEEN KEATING AS NEW CEOHe said Planet Fitness is seeking to "further enhance the average unit volumes for our stores" with the membership price increase. Related Stocks: Planet Fitness