Diamonds and Dogs


Planet Fitness (PLNT) flexing its muscles. The fitness workout operator reported better than expected earnings as revenues rose 58.7% to $244.9 million. The company reported record membership of 16.6 million people and same-store-sales growth of 8.2% after opening 29 new locations during the quarter. Looks like people are ditching their pelotons to get back out tin the world. Planet Fitness authorized a new share repurchase program of $500 million, or about 8% of shares outstanding.

Take-Two Interactive (TTWO) missing the mark. The video game maker of NBA 2K and Grand Theft Auto is down 14% following lackluster earnings and revenue that missed estimates. The company also lowered guidance for the full year, blaming the economic slow down and fewer in-game purchases from recently acquired Zynga's mobile games.

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