1239 ET - Planet Fitness hiring Jay Stasz to be its next CFO should quell some investor uncertainty about the gym operator's direction heading into 2025, Piper Sandler analysts Korinne Wolfmeyer and Sarah Morin say in a research note. Stasz has 25 years of experience in retail and consumer-facing businesses. He is expected to bring some positive energy and a focus on growth, the analysts say. Investors will now be looking to see how the relatively new management team, including CEO Colleen Keating who joined earlier this year, can execute on strategic changes to the business, they say. (dean.seal@wsj.com)
(END) Dow Jones Newswires
October 30, 2024 12:39 ET (16:39 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.