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Peloton and Planet Fitness represent different approaches to the modern fitness market. Peloton's improving profitability and strong product innovation position it beyond connected biking and into a broader wellness ecosystem. However, it faces top-line pressure, subscription declines, and a product recall. Planet Fitness benefits from strong demand trends and an expanding member base, with 6.9% system-wide same-club sales growth and 13% year-over-year revenue growth. Its value proposition resonates with younger consumers, with a 30% surge in participation in its High School Summer Pass program.

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