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Planet Fitness operators in Texas sued for illegal videotaping incident. October 7, 2026 The controversies around Planet Fitness continue to pile up as a woman is alleging that she was secretly videotaped at a Planet Fitness location in Frisco, Texas and has filed a lawsuit against the companies that operate the gym. The plaintiff, identified as Jane Doe to protect her privacy, is suing Excel Fitness Holdings, LLC, and Excel Fitness DFW 21, LLC, the owner and operator of the Planet Fitness location at 6951 Preston Road in Frisco, Texas. According to the lawsuit, the plaintiff had been a member of the gym for more than seven years and regularly used its tanning facilities. During several of those sessions, while she was undressed inside a private tanning room, the Frisco Police Department said a male Planet Fitness member recorded her without her knowledge or consent. Law enforcement recovered recordings depicting Planet Fitness members in various stages of undress. The lawsuit alleges that the gym operators failed to protect members despite a history of similar incidents involving hidden cameras and secret recordings at Planet Fitness locations across the country. The secret video recording incidents involved more than 55 women in Alabama, California, Illinois, Kentucky, Missouri and North Dakota dating back more than a decade. Excel Fitness is accused of failing to implement adequate safeguards against voyeurism and unauthorized recording, properly inspect and secure tanning areas, train employees to recognize suspicious activity and warn members about known or foreseeable risks. The women's legal team said claims in the lawsuit include negligence, gross negligence and invasion of privacy. The plaintiff is seeking more than $1 million in monetary relief, including compensatory and punitive damages, and requests a jury trial. The case Jane Doe vs. Excel Fitness Holdings, LLC, and Excel Fitness DFW 21, LLC was filed in the 471st Judicial District Court of Collin County, Texas. The cause number is 471-08184-2026. This case comes to light as a number of proposed class action lawsuits are swirling around the legal world targeting franchisor Planet Fitness, Inc. alleging securities fraud and the years-long fight a number of gym members have undertaken to challenge Planet Fitness' enforcement of its non-discrimination policy allowing members to use locker rooms and facilities that match their self-reported gender identity. Image courtesy Planet Fitness

New Business Spotlight: Planet Fitness opening Oct. 26 in Knoxville East. Planet Fitness, Knoxville East, New Business Spotlight, fitness, Greenway Drive, IGNITE Fitness Holdings Knoxville East residents will soon have another option for working fitness into their daily routines. Planet Fitness is scheduled to open its new Knoxville East location Monday, Oct. 26, at 4627 Greenway Drive, Knoxville. Planet Fitness The new club is part of Planet Fitness' "Judgment Free Zone" concept, designed to appeal to everyone from first-time gym users to experienced fitness enthusiasts. The company says its focus is on providing an affordable, approachable place where members can exercise at their own pace. Planet Fitness 2 The Knoxville East club will offer cardio and strength-training equipment, including treadmills, ellipticals, stationary bikes and plate-loaded strength equipment. Planet Fitness Black Card members will have access to additional recovery and relaxation amenities, including HydroMassage loungers, massage chairs and other Black Card Spa features. Planet Fitness 2 "At Planet Fitness, our goal is for exercise to feel welcoming, encouraging and accessible to everyone who walks through the door," said Mike Shapiro, senior vice president of operations at IGNITE Fitness Holdings, the independent Planet Fitness franchisee operating the location. Planet Fitness 2 IGNITE Fitness Holdings operates more than 140 Planet Fitness locations in the United States and Canada. Planet Fitness, founded in 1992, reported approximately 21.5 million members and 2,909 clubs as of March 31, 2026. Planet Fitness 2 New Business Spotlight is sponsored by The Rotary Club of Bearden and highlights businesses opening, expanding, or bringing new services to the Knoxville area. OUR TOWN. YOUR NEWS. Stories that connect its community. Read. Respond. Share. Follow KnoxTNToday on Facebook, Instagram, X and LinkedIn. Get all KnoxTNToday articles with its free newsletter. Comments: [email protected].

PLNT jumps as JPMorgan calls selloff tactical buy. MATT MONACO - UPDATED SEP. 27, 2026, 11:07 AM ET Planet Fitness Inc. stocks have been trading up by 5.11 percent following upbeat membership growth and expansion-focused news. What traders need to know. * JPMorgan frames the roughly 18% week-to-date selloff in Planet Fitness as an overreaction to AI-driven cancellation fears and labels it a tactical buying opportunity with a reiterated $62 price target. * Teen engagement remains strong, with 3.7 million teens in the 2026 High School Summer Pass program and total workouts up 2% to 19.4 million, supported by over $620M in waived dues since 2019. * A refreshed brand identity and upgraded mobile app with improved tracking, integrations, and real-time Crowd Meter aim to strengthen the experience across 2,930 clubs and 21.5 million members. * Management is set to meet institutional investors at a KeyBanc-hosted Boston event on 2026/09/16, a potential forum to address recent volatility and AI-related concerns. * A recent Form 4 flagged insider ownership changes in Planet Fitness securities, but with no disclosed size, direction, or rationale, it remains a secondary data point for traders. Weekly Update Sep 21 - Sep 25, 2026: On Sunday, September 27, 2026 Planet Fitness Inc. stock [NYSE: PLNT] is trending up by 5.11%! Discover the key drivers behind this movement as well as its expert analysis in the detailed breakdown below. Consumer Discretionary industry expert: Analyst sentiment - positive Planet Fitness remains one of the structurally strongest models in consumer fitness, with asset-light franchising delivering a 31% EBIT margin and 42.6% EBITDA margin on ~$1.3B TTM revenue. High 67.9% gross margin and ~17% net margin confirm robust unit economics versus most Hotels, Lodging & Leisure peers. However, negative book value and long-term debt of ~$2.45B (int.-coverage only 3.7x) highlight balance-sheet risk. Free cash flow is modest ($4.0M this quarter) after heavy capex and aggressive $200M buybacks, but liquidity is adequate (current ratio 1.6x, cash ~$371M). Technically, the dominant trend is sharply lower: the stock has broken from ~$47.0 on 9/21 to a ~$40-43 range, reflecting an ~18% weekly drawdown with elevated volume on down days, confirming distribution. Intraday 5-minute candles show repeated failures near $43-44 and responsive buying around $40-41. A clear actionable level is $40: traders can buy partial size on dips toward $40 with a hard stop below $38, targeting a rebound to the $46-47 gap zone where prior support turned resistance. AI-driven churn concerns triggered a sentiment air pocket, but JPMorgan's reiterated Overweight and $62 target underscore that fundamentals remain intact, supported by 10%+ 3-year revenue CAGR and durable margins. Brand investments (app upgrade, refreshed identity) and the teen pass program reinforce long-term member funnel, though near-term KPIs (flat teen participation) suggest normalization. Versus broader Consumer Discretionary and leisure benchmarks, PLNT offers superior margin resilience but higher leverage. My verdict: constructive. Accumulate below $43 with a 6-12 month fair value of $55, key resistance $47 and strong support $40-38. Quick financial overview. Planet Fitness Inc. just saw a sharp reset in price, with weekly candles showing a drop from the mid-$40s toward the low-$40s before a modest bounce. The week's low around $40.72 marks an important near-term support level, while the recovery toward $42.80 signals dip-buying interest after the selloff. Intraday data shows a wide 5-minute range from roughly $40.73 to $43.16, which points to elevated volatility and active two-way trading. On the fundamentals side, Planet Fitness Inc. generated about $1.32B in annual revenue, with revenue growth trends still positive over multi-year periods. Profitability metrics are strong for a consumer-facing chain, with an EBIT margin near 31% and EBITDA margin in the low 40s, backed by a gross margin close to 68%. For traders, that kind of margin profile often means the business can absorb shocks better than the chart alone might suggest. Valuation-wise, PLNT trades at roughly 19x earnings and about 2.3x sales, with price-to-free-cash metrics in the high-20s. The balance sheet shows meaningful leverage, with interest coverage around 3.7x and current and quick ratios above 1, so it is not without financial risk. High receivables and asset turnover numbers support the idea of a scaled, recurring-revenue model, but the negative book value highlights a capital-light, intangible-heavy structure that can amplify equity volatility when sentiment swings. Conclusion. Planet Fitness Inc. is sitting at an interesting crossroads for short-term traders. The chart shows a hard reset down toward $41, followed by a live battle around the low-$40s as buyers respond to JPMorgan's view that the 18% week-to-date selloff is excessive. With that bank reiterating an Overweight stance and a $62 price target, the risk/reward now turns on whether the market agrees that AI-driven cancellation fears have gone too far. Operationally, PLNT still has solid backing from its financials: high margins, steady revenue growth, and a scaled footprint of 2,930 clubs serving 21.5 million members. The teen Summer Pass data and over $620M in waived dues since 2019 suggest the company continues to play a long game on brand loyalty and future membership pipelines. The refreshed brand identity and upgraded app also work against the idea that technology is only a threat; for traders, they signal active investment in retention. Key near-term watchpoints are price action around $40.72 support, any push back toward the mid-$40s, and messaging from the 2026/09/16 KeyBanc event. As I tell my students, "When a quality business sells off on a story shift, your job is to let the chart confirm whether fear is fading before you size up the trade." In line with that mindset, short-term traders in PLNT need to stay flexible and let the price action, not their biases, drive their decisions. As millionaire penny stock trader and teacher Tim Sykes, says, "You must adapt to the market; the market will not adapt to you.". This article is for educational and research purposes only. ","scores":{"risk-level":"medium"},"trade":"true This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. 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