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Planet Fitness shares plunge after lowering 2026 EPS growth forecast to 9%-10%.

Market News
15 May 2026
PRNewsWire
View Source
Bearish
pluang ai news

Planet Fitness, Inc. shares fell sharply after the company reiterated its 2026 earnings per share (EPS) growth guidance of 9%-10%, which was below prior investor expectations. The company cited factors such as an extended equipment replacement cycle, sale of eight corporate clubs, higher interest expenses from refinancing, and weather disruptions affecting about 2,000 clubs. This weaker outlook surprised investors who had not been fully informed of these challenges earlier. Legal firm Levi & Korsinsky is investigating whether Planet Fitness failed to disclose these risks adequately when issuing its original guidance, encouraging affected investors to contact them for potential claims.

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Roger Williams University honors mentorship and lifelong learning at 2026 Commencement.

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Conrad Industries reports Q1 2026 net income of $3.2M and backlog of $199.6M, with new contracts signed post-quarter.

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Cayman court blocks Blue Gold's proposed shareholder rights changes pending trial resolution

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Insigneo refreshes brand to highlight $33B assets and growth across Americas

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SalesCloser launches dedicated AI GPU cluster to enhance sales AI and serve regulated industries.

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