Planet Fitness falls after Q1 revenue miss

Shares of gym chain Planet Fitness PLNT.N down 4.2% at $97.43

Company posts Q1 revenue of $276.7 million, missing analysts' estimate of $279.2 million - data compiled by LSEG

Reports Q1 adj net income of $50 million vs estimates of $51.7 million

PLNT says it is developing mitigation plans for potential tariff impacts and believes its exposure is limited at current tariff levels

Company maintains its forecasts of 2025 revenue growth of around 10% and adj net income growth of 8% to 9%

Including session's moves, PLNT up 2.1%