Planet Fitness CEO Says Members Eager to Return to Gyms

The video discusses the enforcement of a 33% capacity rule in gyms, highlighting the use of contact tracing and check-ins. It explores the return of members and increased demand, with a significant number of new joins. Franchisee growth is expected to resume in 2021. The impact of home fitness and app usage is significant, with non-members also engaging with the content. Preparedness for fall challenges is emphasized, with protocols for cleanliness and social distancing. The workforce has seen an 85% retention rate post-furlough, with ongoing efforts to reopen stores and bring employees back.

What is the capacity limit mentioned for gyms in the first section?

• 75%

• 50%

• 33%

• 25%

What percentage of new gym joins have never been members before?

• 40%

• 50%

• 20%

• 30%

What is the expected timeline for franchise expansion to resume?

• Late 2020

• Early 2021

• Mid 2021

• Late 2021

What percentage of app content consumers are not Planet Fitness members?

• 35%

• 50%

• 24%

• 10%

What feature does the app provide to help avoid crowded gyms?

• Personal trainers

• Discount coupons

• Crowd meter

• Virtual workouts

What is the retention rate of furloughed workers after reopening?

• 95%

• 75%

• 85%

• 65%

How many stores are being reopened in New York as mentioned in the final section?

• 40

• 20

• 80

• 60