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 (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.

PLANET FITNESS COMPLETES ACQUISITION OF SUNSHINE FITNESS AND REFINANCING TRANSACTION

HAMPTON, N.H., Feb. 9, 2022 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its fourth quarter ended Dec. 31, 2021, before the market opens on Thursday, February 24, 2022.

PLANET FITNESS, INC. TO REPORT FOURTH QUARTER 2021 RESULTS ON FEBRUARY 24, 2022

In the latest trading session, Planet Fitness (PLNT) closed at $88.44, marking a -0.9% move from the previous day.

Planet Fitness (PLNT) Stock Sinks As Market Gains: What You Should Know

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Planet Fitness (PLNT) closed the most recent trading day at $81.23, moving +0.46% from the previous trading session.

Planet Fitness (PLNT) Gains As Market Dips: What You Should Know

Planet Fitness Inc (NYSE: PLNT) has priced $900 million of Series 2022-1 Class A-2 Fixed Rate Senior Secured Notes. The series consists of two tranches, Class A-2-I with the principal amount of $425 million and Class A-2-II with $475 million.

Planet Fitness To Raise $900M Via Debt Offering

HAMPTON, N.H., Jan. 26, 2022 /PRNewswire/ -- Planet Fitness, Inc.  (NYSE: PLNT) (together with its subsidiaries, the "Company") today announced that it has priced $900 million of Series 2022-1 Class A-2 Fixed Rate Senior Secured Notes (the "Class A-2 Notes"), which consist of two tranches: the Class A-2-I Senior Secured Notes with an anticipated repayment term of five years, with an aggregate principal amount of $425 million and a fixed interest rate of 3.251% per annum, payable quarterly, and the Class A-2-II Senior Secured Notes with an anticipated repayment term of ten years, with an aggregate principal amount of $475 million and a fixed interest rate of 4.008% per annum, payable quarterly.

Planet Fitness Prices $900 Million Securitized Financing Facility

Planet Fitness' (PLNT) focus on marketing initiatives and member acquisition bodes well. Given the digital initiatives, the company is optimistic about the conversion of non-members as well.

Planet Fitness (PLNT) Rises 13% in 6 Months: More Upside Left?

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DA Davidson analyst Linda Bolton Weiser raised the price target on Planet Fitness Inc (NYSE:PLNT) to $110 from $105 and kept a Buy rating on the shares, implying an upside of 18%. The analyst noted the company's $800 million deal to acquire 114 locations from its top franchisee, Sunshine Fitness, which should be about 15c-20c earnings accretive to 2022 EPS as a positive point.

Analysts Bump Up Price Target On This Fitness Center Operator

With the latest buyout, Planet Fitness (PLNT) gets hold of 114 new clubs in the Southeast.

News for Planet Fitness Stock (PLNT)