New York, New York--(Newsfile Corp. - May 14, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Planet Fitness, Inc. ("Planet Fitness, Inc.") (NYSE: PLNT) concerning potential violations of the federal securities laws.

On February 24, 2026, during Planet Fitness's Q4 2025 earnings call, CFO Jay Stasz told investors: "We expect adjusted diluted EPS to increase between 9% to 10%" for FY 2026. This is based on approximately 80 million adjusted diluted weighted average shares outstanding and our plan to repurchase approximately $150 million worth of shares in 2026." CEO Colleen Keating added: "Our strong 2025 performance is a direct result of our discipline and focus on our 4 strategic imperatives." The Company also guided for approximately 9% total revenue growth over 2025 and projected 150-160 equipment placements weighted toward the second half of the year.

When Planet Fitness later issued weaker FY 2026 earnings expectations -- far below the 9%-10% growth range previously communicated -- management cited an extended equipment-replacement cycle, the sale of eight corporate-owned clubs in California, a $400 million debt refinancing, and weather-related disruptions affecting approximately 2,000 clubs. The true impact of these factors had not been disclosed during the February 24 call.

If you suffered a loss on your Planet Fitness, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297488

Source: Levi & Korsinsky, LLP