SGB Executive

EXEC: Planet Fitness Counting On Gen-Z To Drive Same-Store Sales

EXEC: Planet Fitness Counting On Gen-Z To Drive Same-Store Sales

Planet Fitness has seen a strong recovery from the pandemic, with the first quarter marking an all-time record-high for membership count, at 16.2 million members. To continue to drive same-store growth, Planet Fitness is looking to connect with teens. Planet Fitness CEO Chris Rondeau told analysts, "Gen Z was the fastest-growing demographic group of our membership in 2021." (Read More)

EXEC: SportChek’s Stellar Q1 Performance Boosted By Hockey’s Return

EXEC: SportChek’s Stellar Q1 Performance Boosted By Hockey’s Return

SportChek’s same-store sales grew 10.2 percent in the first quarter, boosted by a return to playing hockey and strong demand for skiing. Greg Hicks, Canadian Tire’s president and CEO, said on a call with analysts, “SportChek delivered its strongest Q1 on record, with comparable store sales up significantly as families returned to organized sport, namely hockey as well as skiing.” (Read More)

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