Jim Cramer on health club news

Planet Fitness: Cramer’s Top Takeaways….. an “Executive Decision” segment, Cramer sat down with Chris Rondeau, CEO of Planet Fitness Inc. (PLNT – Get Report) , the healthclub chain with 1,500 locations and shares that added 72% last year.

Rondeau said that when retailers close stores, that’s great news for Planet Fitness, as landlords are clamoring for locations that drive tons of traffic, especially during off hours. The Planet Fitness model has proven itself to work everywhere, and the chain now has locations in all 50 states.

Planet Fitness: Cramer’s Top Takeaways

Rondeau added that 43% of their members have never belonged to gym before. They appreciate the comfortable, non-intimidating atmosphere, while the company maximizes efficiencies through its scale.

Planet Fitness is far from done growing, Rondeau said, as the company has development agreements already in place for another 1,000 locations across the nation.

Cramer and the AAP team taking some profits on DXC Technology (DXC – Get Report) . Find out what they’re telling their investment club members and get in on the conversation with a free trial subscription to Action Alerts PLUS

Over on Real Money, Cramer says we’ve been in a trade war with China for ages. Get more on his insights with a free trial subscription to Real Money.

Search Jim Cramer’s “Mad Money” trading recommendations using our exclusive “Mad Money” Stock Screener.

To read a full recap of this episode of “Mad Money,” click here.

To watch replays of Cramer’s video segments, visit the Mad Money page on CNBC.

To sign up for Jim Cramer’s free Booyah! newsletter with all of his latest articles and videos please click here.Planet Fitness: Cramer’s Top Takeaways.Planet Fitness: Cramer’s Top Takeaways.