Planet Fitness can ‘thrive’ during high inflation and a recession, but stock drops as revenue misses

Planet Fitness can ‘thrive’ during high inflation and a recession, but stock drops as revenue misses
·2 min read

Planet Fitness Inc. Chief Executive Chris Rondeau said Tuesday that he believes the lower-priced fitness center franchisor and operator can "thrive" in a high-inflation environment, or even a recession, as people from higher-priced gyms trade down.