Planet Fitness Cuts Outlook, Shares Slide After Home Depot’s Mixed Q4 Results
Home Depot reported Q4 revenue in line with forecasts but softer same-store sales, and Planet Fitness cut its full-year membership growth outlook. Planet Fitness shares fell sharply as investors reacted to the fitness chain’s reduced guidance and underwhelming demand trends.
1. Home Depot’s Mixed Q4 Results
Home Depot delivered Q4 revenue broadly in line with analyst forecasts but reported softer same-store sales across key categories, indicating uneven consumer spending in the home improvement market. The retailer cited inventory normalization and promotional pressure as headwinds to margin expansion.
2. Planet Fitness Outlook Revision
Planet Fitness trimmed its full-year membership growth and revenue guidance, attributing the reduction to weaker consumer engagement and increased competition in the fitness sector. The revised outlook prompted a sharp decline in its share price as investors digested the tempered growth prospects.