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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Boston, Massachusetts--(Newsfile Corp. - January 23, 2023) - Block & Leviton is investigating Planet Fitness, Inc. (NYSE: PLNT) for potential securities law violations. Investors who have lost money in their Planet Fitness investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://www.blockleviton.com/cases/plnt.What is this all about?On January 19, 2023, the Bear Cave released a report highlighting issues at Planet Fitness.

Planet Fitness Investigated by Block & Leviton for Potential Securities Law Violations; Investors Who Have Lost Money Are Encouraged to Contact the Firm

Los Angeles, California--(Newsfile Corp. - January 23, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Fitness, Inc. ("Planet Fitness" or "the Company") (NYSE: PLNT) for violations of the securities laws.The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the Firm

HAMPTON, N.H. , Jan. 23, 2023 /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 to find their Big Fitness Energy™ in January and beyond – by prioritizing their physical and mental health with a special limited-time offer*.

BOOST YOUR ENERGY IN 2023: JOIN PLANET FITNESS FOR $1 DOWN, AND THEN $10 A MONTH NOW THROUGH JANUARY 31

LOS ANGELES--( BUSINESS WIRE )--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Fitness, Inc. (“Planet Fitness” or “the Company”) (NYSE: PLNT) for violations of the securities laws.

INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against Planet Fitness, Inc. and Encourages Investors with Losses to Contact the Firm

Brand ranked #28 overall, and #1 in Fitness Category for fifth year in a row HAMPTON, N.H. , Jan. 20, 2023 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, today announced it has been recognized as one of the top franchises in Entrepreneur's Franchise 500®, the world's first, best, and most comprehensive franchise ranking.

PLANET FITNESS RANKED AMONG THE TOP FRANCHISES IN ENTREPRENEUR'S HIGHLY COMPETITIVE FRANCHISE 500®

NEW YORK--( BUSINESS WIRE )--WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Planet Fitness, Inc. (NYSE: PLNT) resulting from allegations that Planet Fitness may have issued materially misleading business information to the investing public.

PLNT EQUITY ALERT: Rosen Law Firm Encourages Planet Fitness, Inc. Investors with Losses to Inquire About Securities Class Action Investigation – PLNT

New year, new gym membership? Not for Edwin Dorsey's The Bear Cave, which just released a scathing short report on Planet Fitness (NYSE: PLNT ).

PLNT Stock Alert: Is Planet Fitness Just an ‘Illegal Billing Operation'?

Planet Fitness (PLNT) benefits from strategic partnerships and international expansions. As of Dec 31, 2022, the company has had 17.0 million members, up 1.8 million members from the end of 2021.

Planet Fitness (PLNT) Membership Increases in 2022 to 17M

CRH PLC

H&R Block

Lindblad Expeditions

Wag! Group Co

Valvoline

Whirlpool

If you follow the advice of legendary investor Warren Buffett literally and religiously, you might not appreciate this list of oddball stocks to buy. Chances are, at least one of these names features an area that does not meet your core area of competency.

7 Oddball Stocks to Buy That Can Surprise Investors in 2023

Planet Fitness Inc. PLNT, +3.18% stock fell in the extended session Monday after the gym chain reported year-end membership figures. Planet Fitness shares fell 5% after hours, following a 3.2% rise to end the regular session at $82.36.

Planet Fitness stock drops 5% after release of membership figures

Popular Fuel Rewards® Program at Shell is increasing cash back for PF Black Card® members once a week through March 15 HAMPTON, N.H. , Jan. 6, 2023 /PRNewswire/ -- – Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announced the addition of a new, limited-time only perk now available to all PF Black Card® members from Shell – sign in or up for the Fuel Rewards® program at Shell to save up to 15 cents per gallon on every fill up, once a week.

PLANET FITNESS PUMPS UP THE SAVINGS WITH NEW MEMBERSHIP PERKS AND SHELL | FUEL REWARDS® PROGRAM

Find Your Big Fitness Energy™ in 2023 at Planet Fitness – Join for $1 Down and only $10 a Month from Dec. 31 – Jan. 12 HAMPTON, N.H. , Dec. 30, 2022 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, invites everyone to find their Big Fitness Energy™ – by prioritizing their physical and mental health with a special limited-time offer*.

DEFEAT "LOW E" IN 2023: NEW NATIONAL SURVEY FINDS THAT 89 PERCENT OF PEOPLE ARE SUFFERING FROM LOW ENERGY (SPOILER ALERT: FITNESS IS THE ANTIDOTE)

Capri Holdings Ltd

Johnson Outdoors

Mattel

Signet Jewelers

It's the most wonderful time of the year, which means children of all ages are busy mailing their letters to Santa Claus and parents are searching for the best bargains to fill stockings ahead of the big day.

Gurus Are Wrapping Up These Leisure and Luxury Stocks for Christmas

HAMPTON, N.H. , Dec. 12, 2022 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announced that Edward Hymes has been appointed President and Chief Operating Officer reporting directly to Chief Executive Officer, Chris Rondeau.

Planet Fitness Appoints Edward Hymes President and Chief Operating Officer

Attractive fundamentals and the nature of Planet Fitness's business keep this stock on our radar. The company has made a big bet this year on acquiring more than 100 fitness centers in expectation of a massive return to gyms and this has manifested with record.

Planet Fitness: A Stock Worth Putting On Your Watch List

Planet Fitness (PLNT) reported earnings 30 days ago. What's next for the stock?

Planet Fitness (PLNT) Up 10.8% Since Last Earnings Report: Can It Continue?

HAMPTON, N.H. , Dec. 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, announced today that it will again return as the presenting sponsor of Times Square's New Year's Eve celebration for the eighth consecutive year, in partnership with Times Square Alliance and Countdown Entertainment.

PLANET FITNESS RETURNS AS PRESENTING SPONSOR OF TIMES SQUARE'S ICONIC NEW YEAR'S EVE CELEBRATION

Latest App enhancements provide even more value for members inside and outside the gym HAMPTON, N.H. , Nov. 30, 2022 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, today launched a redesigned version of the Planet Fitness App, providing an updated digital experience to support current and prospective members through their fitness journeys.

Planet Fitness Continues its Digital Evolution with New Mobile App

Members, Team Members and Franchisees Collectively Reach $8 Million Donation Milestone since 2016 in Support of The Judgement Free Generation® Anti-Bullying, Pro-Kindness Efforts HAMPTON, N.H. , Nov. 29, 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, announced today the Company, franchisees and members have contributed more than $8 million since 2016 in support of nonprofit partner Boys & Girls Clubs of America, with $500,000 raised just this October.

PLANET FITNESS RAISES MORE THAN $500,000 DURING OCTOBER FUNDRAISER BENEFITTING BOYS & GIRLS CLUBS OF AMERICA

Planet Fitness has fallen 20% YTD along with the broader market as recession fears loom. The company's operations have recovered from its pandemic lows and setting new highs in traffic and sales, its programs targeting GenZ have also seen material success.

Planet Fitness: Put It On Your Radar

Planet Fitness Inc. stock PLNT, +1.21% rose 1.1% in premarket trade Tuesday, after the operator of fitness centers outlined growth plans ahead of an investor day, pledging to double its member base and accelerate international growth. The Hampton, New Hampshire-based company said it's targeting annual revenue growth in the low-to-mid teen percent rate over the next three years.

Planet Fitness outlines plan to double members and accelerate international growth ahead of investor day

Company to highlight the strength of its leading asset-light franchise model and introduce growth algorithm Event is live at 10:00a.m. ET HAMPTON, N.H.

Planet Fitness to Announce Plans for the Next Stage of Strategic Growth and Shareholder Value Creation at its 2022 Investor Day

Planet Fitness' (PLNT) third-quarter 2022 performance benefits from strong membership trends and lower cancellations compared with pre-COVID levels.

Planet Fitness (PLNT) Q3 Earnings Surpass Estimates, Rise Y/Y

Planet Fitness, Inc. (NYSE:PLNT ) Q3 2022 Earnings Conference Call November 8, 2022 8:00 AM ET Company Participants Stacey Caravella - Vice President of Investor Relations Chris Rondeau - Chief Executive Officer Tom Fitzgerald - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Brian Harbour - Morgan Stanley Joe Altobello - Raymond James Alex Perry - Bank of America Warren Cheng - Evercore ISI Max Rakhlenko - Cowen & Company Jonathan Komp - Robert W. Baird & Co. Simeon Siegel - BMO Capital Markets John Heinbockel - Guggenheim Paul Golding - Macquarie Capital Operator Hello, everyone and welcome to the Planet Fitness Third Quarter Earnings Conference call.

Planet Fitness, Inc. (PLNT) Q3 2022 Earnings Call Transcript

All eyes turn now to what management has to say next week.

News for Planet Fitness Stock (PLNT)