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Simeon Siegel, BMO Capital retail & services analyst, joins 'Closing Bell Overtime' to talk what's ahead for the retail sector in 2024.

3 Growth Stocks Poised for a Comeback in 2024

12:44pm, Saturday, 16'th Dec 2023
Santa came early this year for growth stocks. The existing December rally accelerated on news that the Federal Reserve will likely begin cutting rates next year.
As we approach the end of 2023, the time for New Year's resolutions is upon us. With the Ozempic weight-loss trend in full swing, it's no surprise that many consumers will be making New Year's resolut
Planet Fitness' (PLNT) emphasis on expansion efforts and new growth model bodes well. However, elevated new store construction costs are a concern.
Analysts say early evidence suggests weight loss drugs will help, not hurt, the exercise sector as the trickle down effects of weight loss can “trigger” beneficial consumer behavior changes.
Planet Fitness' (PLNT) third-quarter 2023 results reflect robust growth in members and global store count.
Shares of Planet Fitness (PLNT) skyrocketed after the operator of fitness centers posted better-than-expected results and raised its guidance as it added members and stores.
Planet Fitness reported strong third-quarter (Q3) performance that it attributes to growing membership among Generation Z consumers. “We continue to see our strongest net member growth for Gen Zs

Planet Fitness Stock Soars After Forecast Hike

11:11am, Tuesday, 07'th Nov 2023
The shares of Planet Fitness Inc (NYSE:PLNT) are soaring today, up 13.3% at $62.52 at last glance, after the company issued an upbeat third-quarter report and raised its full-year forecast.

Why Planet Fitness Stock Pushed Higher Today

11:05am, Tuesday, 07'th Nov 2023
Planet Fitness is adding new members, and its profitability is surging. The company is adjusting requirements for its franchisees because of macroeconomic headwinds.
Planet Fitness now expects its revenue for the year to grow 14%, up from a previous estimate of 12%.
Planet Fitness (NYSE:PLNT) shares jumped after its latest financial results showed third-quarter revenue growth of nearly 14% compared to the prior year, reaching $277.6 million. The gym chain reporte
Planet Fitness Inc. PLNT, -0.27% reported Tuesday third-quarter profit and revenue that rose above expectations, while same-store sales matched expectations, and the fitness center operator's stock wa

7 Dangerous Stocks to Avoid No Matter What

10:43am, Wednesday, 01'st Nov 2023
While the jury's still out whether the economy and the market is headed for a soft or hard landing, as interest rates remain high, that doesn't mean you should forget about which stocks to avoid. Even
HAMPTON, N.H. , Oct. 24, 2023 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its third quarter ended September 30, 2023, b
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