Planet Fitness FRANCHISE CEO Steps DOWN After 30 YEARS

Dive into the latest shakeup in the fitness industry with us! Chris Rondeau, the stalwart CEO of Planet Fitness, has just concluded a remarkable 30-year run at the helm. The aftermath? A seismic 16% drop in company stocks in just one day, and a staggering 24% dip from its recent peak this month. We've also been tracking the rollercoaster rides of F45 Fitness (down 95%) and Xponential Fitness - two other publicly traded fitness giants. For those not familiar, Planet Fitness is an American fitness center franchise based in Hampton, New Hampshire, boasting a whopping 2,308 locations across the US. It's a behemoth in the fitness club realm, with 2,076 of these being franchise-operated and the remainder under corporate management.

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