February 24, 2023
Categories:
Finance
Valantis Aristides
7 minute read

Advan Notable Hits: Planet Fitness, Inc. (PLNT)

Notable Hit: (PLNT:NYSE) On Thursday February 23, 2023 Planet Fitness, Inc. (PLNT) posted revenues of $281.27mm, surpassing the consensus estimates by 4.13% and in the same direction as Advan's forecasted sales. The revenue increased 53.2% YoY - in line with Advan's foot traffic data increase of 16.1% YoY at its gym locations for Q4 2022. The stock next day closed at $83.29, up 5.3% from previous close. Advan's footfall data has a correlation of 0.96 on a YoY basis with PLNT's top-line revenue over the last 15 quarters.


Advan Hits: PLNT correlation traffic vs revenue


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Valantis Aristides

Valantis has been focused on product management across B2B and B2C SaaS and data analytics, specializing in translating complex data into clear, actionable insights that inform business and investment decisions, product innovation, and customer engagement. His experience includes analyzing mobility trends, credit card transactions, and alternative data to uncover patterns that shape strategy and highlight market opportunities.