this post was submitted on 28 Feb 2026
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Economics

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How the 'K-shaped' economy is showing up at two big U.S. gyms (www.cnbc.com)
submitted 1 day ago* (last edited 1 day ago) by MicroWave@lemmy.world to c/economics@lemmy.world
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KEY POINTS

Life Time and Planet Fitness both reported strong growth, but their results highlighted a widening divide in consumer spending habits.

Life Time’s revenue jumped 12% as higher-income members paid higher dues and spent more on premium services like training, spa treatments and food.

Planet Fitness saw strong growth, but its weaker 2026 outlook raised concerns about slowing demand among lower- and middle-income members.

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[–] etherphon@piefed.world 1 points 1 day ago

OH I thought LIfe Time was some kind of mega church or something.