Planet Fitness, Inc. (PLNT)’s “Numbers Are Just Incredible,” Says Jim Cramer

We recently published 10 Stocks Jim Cramer Mentioned As He Talked About “Love Lost” Between Microsoft & OpenAI. Planet Fitness, Inc. is one of the stocks Jim Cramer recently discussed.

Planet Fitness, Inc. is a consumer cyclical company that operates fitness centers all over the US. Its shares have gained 6.9% year-to-date on the back of strong earnings performance and associated tailwinds. Planet Fitness, Inc.’s second quarter earnings saw the firm post same-store sales growth of 8.2% to beat analyst estimates of 5.9% while its operating margins also beat analyst figures. Naturally, Cramer was appreciative of the strong figures:

“I have Planet Fitness on they’re numbers are just incredible.”

The CNBC TV host discussed Planet Fitness, Inc. in April. Here is what he said:

“You know I do a memo each morning where I do uh the 10 things that I’m looking at and it starts with a list of about 25 things. The only positive numbers I saw, the only raising price target that I saw today was Planet Fitness, so I took a look at it they’re doing better than expected. I think you have a winner.”

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This article is originally published at Insider Monkey.