U.S. Movers: Dillard's, Instacart, Planet Fitness

Scott Peters
26 Feb, 2025
New York City

Instacart plunged 9.8% to $48.78 despite the grocery delivery company reporting revenue growth in the fourth quarter ending in December.

Revenue increased to $883 million from $803 million, net income jumped to $148 million from $135 million, and earnings per diluted share rose to 53 cents from 44 cents a year ago.

For the first quarter of 2025, the company estimated gross transaction value between $9.0 billion and $9.15 billion, compared to $8.32 billion in the same quarter in 2024, and adjusted EBITDA between $220 million and $230 million, compared to $198 million a year ago.

Dillard’s Inc. traded flat at $455.54 after the department store chain reported a slight decrease in revenue for the fourth quarter ending in February.

Net sales dropped 1% to $2.02 billion from $2.12 billion, net income declined 10.6% to $214.4 million from $250.5 million, and earnings per diluted share fell to $13.48 from $15.44 a year ago.

Planet Fitness Inc. eased 1.2% to $89.00 after the fitness center operator said system-wide same-club sales increased 5.5% in the fourth quarter ending in December.

Revenue increased to $340.45 million from $285.09 million, net income surged to $47.08 million from $35.34 million, and earnings per diluted share rose to 56 cents from 41 cents a year ago.

For fiscal 2025, the company estimated same-club sales growth between 5% and 6%, revenue growth of approximately 10%, and adjusted net income growth between 8% and 9%.

Planet Fitness also expects new equipment placements between 130 and 140 in franchise-owned locations and new club openings between 160 and 170 locations in 2025.