Keeping Fit in the Fall: 5 Companies Benefiting From Today's Health Trends
Getting in shape this year is a goal for many people. While the warmer temperatures allow you to take your fitness regime outdoors, Autumn weather can cut short your time spent in the fresh air. From lower temperatures to rainy days, finding ways to stay active indoors while balancing the workday, daily chores and spending time with the family can be challenging. However, these publicly traded health and fitness companies provide the products that can help you stay fit during the Autumn months.
Johnson & Johnson (Tii:JNJ)
Sometimes our lives are so busy that it is hard to get longer workouts into our day. Johnson & Johnson has the remedy to this dilemma with its Official 7 Minute Workout App. This free app provides a short fitness routine that users can squeeze in any time of the day – making it great for people who are new to working out. It also features longer workouts and allows users to increase or reduce the intensiveness of the routine. So, you can adjust your workout routine to pick the best one that fits into your health goals.
Peloton Interactive, Inc. (Tii:PTON)
Peloton has set itself apart from other workout equipment companies by placing fitness software, applications and workout monitors directly into its equipment. The company's Peloton Bike allows you to stream live fitness classes, so you don't have to work out on your own even when you are at home. By having the fitness classes on-demand on your exercise bike, this smart bike feature can motivate you to stick with your exercise routine. The at-home working trend has been good for the company, which reported that for its first quarter of fiscal 2021, connected fitness subscriptions grew 137% to over 1.33 million, paid digital subscriptions grew 382% to over 510,000, and total members grew to over 3.6 million.
Fitbit, Inc. (Tii:FIT)
Many of the daily chores that we do at home can be considered a part of our exercise routine. Fitbit offers activity trackers that can help improve your health by tracking how many steps you take in a day, how many calories you burn, how well you sleep, and even your heart rate and nutrition. By having this data on hand, you can make healthier decisions that better fit your daily lifestyle. Another beneficiary of consumers' greater focus on fitness, Fitbit reported that revenues increased 5 percent to $364 million for its third quarter ended October 3, 2020.
Nautilus, Inc. (Tii:NLS)
In addition to home exercise equipment designed to help lose weight and loosen joints, you may be interested in strengthening your muscles as well as your heart. Nautilus offers strength training equipment under its Bowflex brand, including adjustable dumbbells and max trainers for people who want to target specific areas of the body. Bowflex also features home gym equipment where you can do over 100 different exercises with only one machine. This equipment is ideal when working with limited space in your home or apartment and can't have additional exercise machines.
Despite the uncertainty in the global economy, Nautilus reported that net sales for the third quarter of 2020 increased 152% to $155 million compared to the same period last year, while operating income of $44 million was the highest in company history as demand for its equipment outpaced supply.
Planet Fitness, Inc. (Tii:PLNT)
With the kids and the spouse at home, it can be a noisy and frenetic environment when trying to get some exercise into your day. Sometimes it is easier to grab your exercise clothes, facemask and head off to the nearest gym or fitness center. Planet Fitness is one of the largest fitness club franchises across the country. The company’s centers offer different membership card deals for your budget and the type of fitness workouts you want. While total revenue for the company decreased from the prior-year period by 36.8% to $105.4 million on a pandemic-related shutdown, the company announced that more than 95% of its locations are now open and offer discounts to new members.
As you dust off the cooler-weather workout clothes this autumn, check out these and other companies providing the workout apps, fitness trackers, and equipment that addresses current fitness trends that may cause investors to take notice.