For many Americans, it’s tough to stay healthy. More than half of non-exercisers (54%) say they don't exercise because they're not motivated, 34% say they don't have enough time and 25% say they don't know how to get started.
As Global Employee Health and Fitness Month wraps up and beach weather begins, it is worth taking a look at publicly traded companies involved in health and fitness. And it is important to note that while it might be difficult to get started, there are many companies that can help you get moving.
For retail shareholders, there are many options available, from companies that sell fitness-related products and services to those that sell equipment, apparel or gym memberships.
When most individual investors think of health and fitness, going to the gym comes to mind (whether in person or virtually) and there are several companies to consider.
BODi (Tii:BODI), formerly known as The Beachbody Company, is a fitness platform that is built differently. Founded as a direct marketing business focused on workout DVDs, nutrition planning and supplements, BODi has grown into a diversified holding company that offers streamed and live fitness and nutrition programming. Customers can choose between exercising alongside a community in live workouts or a vast catalog of recorded programs. The company believes in rewarding its retail shareholders, who may be eligible for several perks on TiiCKER, including access to programming and free equipment. Connect your brokerage to TiiCKER and open a free account here to access these stock perks and more.
Planet Fitness (Tii:PLNT), headquartered in Hampton, N.H., is a prominent American franchisor and operator of fitness centers. With about 2,400 clubs, it ranks among the country's largest fitness club franchises by membership and number of locations. Planet Fitness has established a presence in the United States, Canada, the Dominican Republic, Panama, Mexico and Australia. The company promotes itself as a "Judgement Free Zone" tailored to novice and casual gym-goers.
Life Time Group Holdings (Tii:LTH) aims to enhance people's well-being through its network of more than 170 athletic “country clubs” across the United States and Canada. The company offers a variety of lifestyle programs and information through its complimentary Life Time Digital app. Life Time fosters communities focused on healthy living, aging and entertainment, supported by a team of more than 39,000 dedicated professionals. Beyond its club offerings, Life Time also owns and produces nearly 30 athletic events nationwide.
Town Sports International Holdings (Tii:CLUBQ) operates fitness centers in Florida and Puerto Rico. Its current brands include Liv Fitness Clubs, Palm Beach Sports Clubs and Christi's Fitness.
There are also a number of companies that retail investors might consider that sell fitness products ranging from running shoes to workout machines. The “athleisure” fashion movement has helped companies like Lululemon Athletica (Tii:LULU), Nike (Tii:NKE) and Under Armour (Tii:UA) grow as more people embrace the hybrid style of athletic clothing worn as everyday wear.
Despite the changes brought by the COVID-19 pandemic, in-person fitness and wellness activities have surged, showing a 66.32% increase compared to pre-pandemic levels. Retailers such as Foot Locker (Tii:FL) and DICK'S Sporting Goods (Tii:DKS) sell the apparel and equipment needed by the growing number of fitness fanatics.
Equipment makers such as Peloton (Tii:PTON) are blending technology and fitness. Peloton makes stationary bicycles, treadmills, and indoor rowers equipped with internet-connected touch screens that stream live and on-demand fitness classes through a subscription service.
Medifast (Tii:MED) is a company known for OPTAVIA, a habit-based and coach-guided lifestyle solution. The company told investors it is transforming its OPTAVIA offer to include comprehensive support for consumers who wish to use GLP-1 medical weight loss solutions on their journeys to sustainable, healthy lifestyles.
Nutrition is also an important part of health and wellness. BellRing Brands (Tii:BRBR) is a holding company in the global convenient nutrition category. BellRing manages Premier Nutrition Company (PNC) in the U.S. and Active Nutrition International (ANI), a European operating subsidiary. They both market and sell Premier Protein, Dymatize and PowerBar products, which are available globally.