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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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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System-wide same store sales increased 9.9% Ended first quarter with total membership of more than 18.1 million Reiterates growth expectations for 2023 $25 million  in shares repurchased in first quarter and an additional $25 million repurchased in the second quarter HAMPTON, N.H. , May 4, 2023 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its first quarter ended March 31, 2023.

Planet Fitness, Inc. Announces First Quarter 2023 Results

‘High School Summer Pass™' Program Welcomes High Schoolers Ages 14 – 19 to Get Active at Planet Fitness' 2,400+ Locations in the U.S. and Canada ‘High School Summer Pass™' Program Welcomes High Schoolers Ages 14 – 19 to Get Active at Planet Fitness' 2,400+ Locations in the U.S. and Canada

Planet Fitness Invites Teens to Work Out for Free All Summer Long From May 15 – August 31

Investing In Planet Fitness: Wise Move Or Foolish Gamble?.

Investing In Planet Fitness: Wise Move Or Foolish Gamble?

HAMPTON, N.H. , April 20, 2023 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its first quarter ended March 31, 2023, before the market opens on Thursday, May 4, 2023.

PLANET FITNESS, INC. TO REPORT FIRST QUARTER 2023 RESULTS ON MAY 4, 2023

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Planet Fitness is winning a large customer demographic by being the preferred low-cost gym provider. The company performed well over the past five years in spite of the pandemic.

Where Will Planet Fitness Stock Be in 5 Years?

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The average of price targets set by Wall Street analysts indicates a potential upside of 25.9% in Planet Fitness (PLNT). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Does Planet Fitness (PLNT) Have the Potential to Rally 25.88% as Wall Street Analysts Expect?

Planet Fitness (PLNT) emphasizes marketing and promotional offers to boost its membership count. Also, the acquisition of Sunshine Fitness bodes well.

Planet Fitness (PLNT) Stock Up 30% in 6 Months: More Upside Left?

ABC's next-generation club management solutions ABC IGNITE to power Planet Fitness through 2027 LITTLE ROCK, Ark. , March 16, 2023 /PRNewswire/ -- ABC Fitness Solutions, LLC (ABC), the leading provider of technology and related services for the fitness industry, today announced it has reached a new four-year agreement with 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.

ABC Fitness Solutions Announces Technology Agreement Extension with Planet Fitness

Planet Fitness members can unlock Perks from popular brands like Chewy, H&R Block, Sam's Club and more for a limited time HAMPTON, N.H. , March 13, 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, is adding new, limited-time only Perks now available to Planet Fitness and PF Black Card® members from brands like Chewy, H&R Block, Sam's Club and more.

PLANET FITNESS ADDS NEW EXCLUSIVE PERKS AND DISCOUNTS FOR MEMBERS

Planet Fitness, Inc. (NYSE:PLNT ) Q4 2022 Earnings Conference Call February 23, 2023 8:00 AM ET Company Participants Stacey Caravella - Vice President of Investor Relations Chris Rondeau - Chief Executive Officer Tom Fitzgerald - Chief Financial Officer Edward Hymes - President and Chief Operating Officer Conference Call Participants Simeon Siegel - BMO Capital Markets John Heinbockel - Guggenheim Brian Harbour - Morgan Stanley Alex Perry - Bank of America Jonathan Komp - Baird Joe Altobello - Raymond James Rahul Krotthapalli - JPMorgan Ryan Cohen - Jefferies Linda Bolton Weiser – Davidson Operator Ladies and gentlemen, welcome to the Planet Fitness Fourth Quarter Earnings Conference Call. My name is Grant, and I will be the moderator for today's call.

Planet Fitness, Inc. (PLNT) Q4 2022 Earnings Call Transcript

IBD Stock Of The Day: Planet Fitness advanced Thursday near a buy point after pumping up on a fourth-quarter earnings beat. The post Planet Fitness Stock Muscles Up On Earnings, Nears Buy Point appeared first on Investor's Business Daily.

Planet Fitness Stock Muscles Up On Earnings, Nears Buy Point

Planet Fitness (PLNT) delivered earnings and revenue surprises of 12.77% and 4.53%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Planet Fitness (PLNT) Q4 Earnings and Revenues Surpass Estimates

Planet Fitness Inc. reported Thursday fourth-quarter profit that more than doubled and beat expectations, and provided an upbeat full-year outlook, as a strong December national sale helped drive “record membership growth.” The gym operator's stock PLNT, +3.78% was still inactive in premarket trading.

Planet Fitness profit more than doubles and beats expectations, boosted by record membership growth

Fourth quarter 2022 system-wide same store sales increased 9.0%   Ended 2022 with approximately 17.0 million members, a 1.8 million member increase since the end of 2021   Opened 158 new stores in 2022 HAMPTON, N.H. , Feb. 23, 2023 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its fourth quarter and year ended December 31, 2022.

Planet Fitness, Inc. Announces Fourth Quarter and Year-End 2022 Results

Boston, Massachusetts--(Newsfile Corp. - February 16, 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

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Join the Judgement Free Zone® for $1 Down and only $10 a Month now through February 16 HAMPTON, N.H. , Feb. 14, 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, invites everyone to get their hearts pumping in more ways than one in February with a special limited-time offer*.

NEW NATIONAL SURVEY FROM PLANET FITNESS FINDS THAT 87 PERCENT OF PEOPLE EXERCISE FOR THEIR HEARTS DURING HEART HEALTH MONTH AND BEYOND

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HAMPTON, N.H. , Feb. 9, 2023 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its fourth quarter ended December 31, 2022, before the market opens on Thursday, February 23, 2023.

PLANET FITNESS, INC. TO REPORT FOURTH QUARTER 2022 RESULTS ON FEBRUARY 23, 2023

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This low-cost gym operator's business is showing signs of strength.

Is This a Better Fitness Stock Than Peloton in 2023?

NEW YORK--( BUSINESS WIRE )--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Planet Fitness, Inc. (“Planet Fitness” or the “Company”) (NYSE: PLNT). Investors who purchased Planet Fitness securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/plnt.

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of Planet Fitness, Inc. (PLNT) Investigation

San Francisco, California--(Newsfile Corp. - January 23, 2023) - Hagens Berman urges Planet Fitness, Inc. (NYSE: PLNT) investors who suffered significant losses to submit your losses now.Visit: https://www.hbsslaw.com/investor-fraud/PLNTContact An Attorney Now: PLNT@hbsslaw.com844-916-0895Planet Fitness, Inc. (PLNT) Investigation: The investigation focuses on Planet Fitness' statements about its business, operations, and growth prospects.In recent quarters, Planet Fitness has touted its "steady recovery from the pandemic," boasting that it has reached

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Planet Fitness (PLNT) Investors with Significant Losses to Contact Firm's Attorneys, Firm Investigating Possible Securities Law Violations

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