1748 ET - Planet Fitness seems to remain on track for a breakout year after its management spoke at the ICR consumer conference, Jefferies analyst Randy Konik says in a research note. The gym franchise operator is well positioned to capture additional market share as consumers seek greater value, Konik says, noting that the company's international opportunity provides an additional growth avenue for the business long term. "We expect the company to increase its international expansion efforts over the next several years," Konik adds. Shares rise 0.8% to $102.411.85 in post-market trading. (sabela.ojea@wsj.com; @sabelaojeaguix)
(END) Dow Jones Newswires
January 13, 2025 17:48 ET (22:48 GMT)
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