Planet Fitness Sees Real Estate Space Starting to Free Up -- Market Talk

Dow Jones01-14

1401 ET - Planet Fitness has seen real estate vacancies start to tick up, opening the door to opportunities to grow its footprint. "We've started to see real estate availability easing a bit, yet we're still not expecting it to be the year of the bumper crop," Finance Chief Jay Stasz says during a conference. The gym chain has seen space open up from the closing of shopping centers, discount retailers, some large groceries and pharmacies, Stasz says. The company has been working to partner with its franchisees and landlords and brokers to get access to newly available spaces, he says. Planet Fitness previously guided for under 200 new unit openings in 2026, with the metric exceeding 200 in 2027 and 2028. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

January 13, 2026 14:02 ET (19:02 GMT)

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The company has been working to partner with its franchisees and landlords and brokers to get access to newly available spaces, he says. Planet Fitness previously guided for under 200 new unit openings in 2026, with the metric exceeding 200 in 2027 and 2028. 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The gym chain has seen space open up from the closing of shopping centers, discount retailers, some large groceries and pharmacies, Stasz says. The company has been working to partner with its franchisees and landlords and brokers to get access to newly available spaces, he says. Planet Fitness previously guided for under 200 new unit openings in 2026, with the metric exceeding 200 in 2027 and 2028. 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The gym chain has seen space open up from the closing of shopping centers, discount retailers, some large groceries and pharmacies, Stasz says. The company has been working to partner with its franchisees and landlords and brokers to get access to newly available spaces, he says. Planet Fitness previously guided for under 200 new unit openings in 2026, with the metric exceeding 200 in 2027 and 2028. 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