Planet Fitness

Planet Fitness, Inc. engages in the operation and franchising of fitness centers. It operates through the following segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment includes operations related to the company's franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, Panama, Mexico, and Australia. The Corporate-Owned Stores segment comprises operations with respect to all Corporate-owned stores throughout the United States and Canada. The Equipment segment involves the sale of equipment to franchisee-owned stores. The company was founded by Michael Grondahl and Marc Grondahl in 1992 and is headquartered in Hampton, NH.

Earnings data Q1 2021

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Earnings data Q4 2024

Planet Fitness reports record growth in Q4 2022, eyes international expansion

Planet Fitness delivered a strong performance in Q4 2022, with record membership growth, positive financial indicators, and a focus on digital engagement and member retention. Despite challenges like rising construction costs and evolving member preferences, the company remains optimistic about future growth prospects, aiming to double membership and expand globally.

Planet Fitness excels in Q1, eyes international growth opportunities

Planet Fitness demonstrated robust performance in Q1, driven by membership growth and strategic investments.
While facing challenges like higher interest rates and margin impacts, the company remains resilient and focused on growth opportunities.
With a strong emphasis on international expansion and member engagement, Planet Fitness is poised for continued success.

Planet Fitness reports robust Q2 performance amidst franchisee challenges

Planet Fitness delivered a strong Q2 performance with notable membership growth and improved member retention. While facing challenges in store development and franchisee profitability, the company is focused on supporting franchisees and exploring growth avenues. Opportunities lie in expanding internationally and enhancing store economics.

Planet Fitness excels in Q3 with new growth strategies

Planet Fitness showcased robust growth in Q3 2023, driven by strong membership numbers and financial performance.
The company's new growth model aims to optimize store economics and enhance returns for franchisees.
Despite challenges in store development, Planet Fitness is exploring opportunities to innovate pricing and marketing strategies for sustained growth.

Planet Fitness reports robust growth and strategic expansion plans

Planet Fitness delivered strong financial results and strategic initiatives in 2023, positioning the company for continued growth and market expansion.
While facing challenges in real estate and pricing optimization, the brand's adaptability and focus on member experience present opportunities for future success.
With a diverse member base, international expansion plans, and ongoing innovation, Planet Fitness remains well-positioned in the fitness industry.
The company's proactive approach to addressing market dynamics and enhancing franchisee economics underscores a commitment to sustainable growth.

Planet Fitness reports strong Q1 performance and strategic growth focus

Planet Fitness reported strong Q1 2024 performance with notable member growth and EBITDA increases. Challenges in net new member growth and marketing impact were acknowledged.
The company's strategic decisions on pricing adjustments and debt refinancing demonstrate adaptability. New CEO's appointment and marketing strategy review indicate a focus on future growth.
Opportunities in pricing adjustments, marketing strategy reallocation, and international expansion efforts in Spain are key focus areas. Franchisee sophistication and positive test results provide a strong foundation for growth.
Overall, Planet Fitness remains well-positioned for growth with a focus on strategic decision-making, marketing effectiveness, and international expansion opportunities.

Planet Fitness excels in Q2, eyes growth through strategic focus

Planet Fitness delivered strong financial performance in Q2 with notable growth in stores, sales, revenue, and EBITDA.
The company's leadership is strategically focused on growth, member experience, and profitability.
Challenges lie in maintaining growth momentum, managing costs, and navigating pricing strategies.
Opportunities exist in leveraging leadership expertise, exploring pricing tests, expanding store footprint, and optimizing equipment mix.

Planet Fitness reports strong Q3 performance and eyes growth opportunities

Planet Fitness (PLNT) delivered a robust performance in Q3 2024, showcasing growth in sales, revenue, and adjusted EBITDA, along with a membership increase to 19.6 million.
The company's strategic imperatives focus on brand strategy, member experience enhancement, and new club growth, supported by a new CFO emphasizing collaboration.
While challenges like member churn and pricing strategies exist, Planet Fitness has opportunities in expanding engagement programs, international markets, and product refinement.
Overall, Planet Fitness demonstrates strength in its business model, leadership transition, and potential for growth amidst competitive challenges in the fitness industry.

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Planet Fitness Inc. is raising the price of its Black Card membership this month, bringing the monthly fee to $24.99 for new members.

The Ratings Game: Planet Fitness is raising the price of its Black Card membership but still offers a $10 option

Planet Fitness (PLNT) first-quarter 2022 results benefit from solid performances in the Franchise, Corporate-owned Stores and Equipment segments.

Planet Fitness (PLNT) Q1 Earnings Top Estimates, Revenues Lag

Planet Fitness, Inc. (NYSE:PLNT ) Q1 2022 Earnings Conference Call May 10, 2022 8:00 AM ET Company Participants Stacey Caravella - Investor Relations Chris Rondeau - Chief Executive Officer Tom Fitzgerald - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Brian Harbour - Morgan Stanley Max Rakhlenko - Cowen and Company Sharon Zackfia - William Blair Simeon Siegel - BMO Capital Markets John Ivankoe - JPMorgan Jonathan Komp - Baird John Heinbockel - Guggenheim Warren Cheng - Evercore Patrick Johnson - Stifel Martin Mitela - Raymond James Operator Hello everyone, and welcome to the Planet Fitness Q1 2022 Quarterly Earnings Call. My name is [Seth] [ph], and I will be the operator for your call today.

Planet Fitness, Inc.'s (PLNT) CEO Chris Rondeau on Q1 2022 Results - Earnings Call Transcript

Planet Fitness (PLNT) delivered earnings and revenue surprises of 18.52% and 0.70%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Planet Fitness (PLNT) Beats Q1 Earnings Estimates

First-quarter revenue of $186.7 million misses analysts' expectations for $190 million.

Planet Fitness Stock Climbs After Earnings Top Wall Street Estimates

Planet Fitness Inc. PLNT, -7.85% posted better-than-expected profit for the first quarter, while revenue fell slightly short as the franchisor and operator of fitness centers announced plans to expand to New Zealand and open its first centers in Mexico. The company posted net income of $16.5 million, or 19 cents a share, for the quarter, up from $5.6 million, or 7 cents a share, in the year-earlier period.

Planet Fitness profit beats estimates as revenue falls short

Company expects to open 25 locations in New Zealand over the next several years, further expanding its international footprint HAMPTON, N.H. , May 10, 2022 /PRNewswire/ -- Planet Fitness , Inc. (NYSE: PLNT) today announced the Company has signed an Area Development Agreement with Castle Point Fitness NZ Ltd.

PLANET FITNESS ANNOUNCES NEW DEVELOPMENT AGREEMENT IN NEW ZEALAND

System-wide same store sales increased 15.9% Ends first quarter with total membership of more than 16.2 million HAMPTON, N.H. , May 10, 2022 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2022.

Planet Fitness, Inc. Announces First Quarter 2022 Results

Planet Fitness (PLNT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Planet Fitness (PLNT)

HAMPTON, N.H. , April 29, 2022 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its first quarter ended Mar. 31, 2022, before the market opens on Tuesday, May 10, 2022.

PLANET FITNESS, INC. TO REPORT FIRST QUARTER 2022 RESULTS ON MAY 10, 2022

Planet Fitness (PLNT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Planet Fitness (PLNT) Earnings Expected to Grow: Should You Buy?

From April 15 – 18, Planet Fitness Invites Members and Non-Members Alike to Reset and Unwind from Tax Season Stress at All Clubs Nationwide HAMPTON, N.H. , April 6, 2022 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, invites everyone – whether a member of the Judgement Free Zone® or not – to de-stress and relax this tax season with a free workout and HydroMassage® at any of its more than 2,200 locations nationwide.

DE-STRESS THIS TAX SEASON WITH A FREE WORKOUT AND HYDROMASSAGE AT PLANET FITNESS

Planet Fitness (PLNT) gains from robust digitalization, strategic efforts and solid brand presence.

Planet Fitness (PLNT) Benefits From Robust Digitalization

In the latest trading session, Planet Fitness (PLNT) closed at $86.59, marking a +0.01% move from the previous day.

Planet Fitness (PLNT) Gains But Lags Market: What You Should Know

Planet Fitness (PLNT) fourth-quarter 2021 top line benefits from solid segmental performances and positive system-wide same store sales growth.

Planet Fitness (PLNT) Q4 Earnings in Line With Estimates

Planet Fitness, Inc. (PLNT) CEO Chris Rondeau on Q4 2021 Results - Earnings Call Transcript

Planet Fitness saw a membership boom at its fitness centers during the pandemic, helped along by teens and pre-teens signing up for their first gym memberships. As CNBC reported Thursday (Feb. 24), the company's newly-released fourth-quarter results show that people born between 1997 and 2012 — Generation Z — were the fastest growing demographic group […]

Young Users Help Fuel Planet Fitness Growth

Revenue of $183.6 million was above the $178 million that analysts predicted.

Planet Fitness Beat Estimates and Says Gen Z Is Running Back to the Gym

Planet Fitness (PLNT) delivered earnings and revenue surprises of 0% and 1.99%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Planet Fitness (PLNT) Meets Q4 Earnings Estimates

Planet Fitness is seeing more pre-teens and teens sign up for their first gym memberships during the coronavirus pandemic.

Planet Fitness CEO says Gen Z is signing up for gym memberships at higher rates than pre-Covid

Planet Fitness Inc. PLNT, -1.73% said Thursday it had net income of $5.7 million, or 7 cents a share, for the fourth quarter, down from $8.7 million, or 11 cents a share, in the year-earlier period. Adjusted per-share earnings came to 26 cents, matching the FactSet consensus.

Planet Fitness tops revenue estimates and offers upbeat guidance as customers return to gyms

HAMPTON, N.H., Feb. 24, 2022 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its fourth quarter ended December 31, 2021.

Planet Fitness, Inc. Announces Fourth Quarter and Year-End 2021 Results

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Planet Fitness (PLNT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Planet Fitness (PLNT) Upgraded to Strong Buy: Here's Why

HAMPTON, N.H., Feb. 10, 2022 /PRNewswire/ -- Planet Fitness, Inc. (NYSE:PLNT) (together with its subsidiaries, the "Company") today announced that it has completed its previously announced acquisition of Sunshine Fitness Growth Holdings, LLC ("Sunshine Fitness") and refinancing transaction.

News for Planet Fitness Stock (PLNT)