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.

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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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Membership Growth of 1.7 Million since Year End of 2022 Full Year System-Wide Same Store Sales Increase of 8.7% 165 New Planet Fitness StoresEquipment placed in 135 new franchised locations Company to discuss operating metrics in fireside chat at the ICR Conference on Tuesday, January 9, 2024 HAMPTON, N.H. , Jan. 8, 2024 /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 provided an overview of key year-end operational metrics.

Planet Fitness Announces Key Year-End Metrics

HAMPTON, N.H. , Dec. 20, 2023 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company is participating in an upcoming investor conference.

PLANET FITNESS, INC. ANNOUNCES UPCOMING CONFERENCE PARTICIPATION

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

Planet Fitness (PLNT) Up 11.4% Since Last Earnings Report: Can It Continue?

TOMS RIVER, N.J.--(BUSINESS WIRE)--Grand Fitness Partners, one of the largest franchisees within the Planet Fitness system and backed by middle market private equity firm HGGC, today announced that it has completed the acquisition of eight Planet Fitness locations in California from PCV Holding Co. LLC, a top-tier Planet Fitness franchisee since 2011. As part of the transaction, the owners of PCV have rolled a portion of their proceeds into Grand Fitness and hold a minority stake in the busines.

HGGC-Backed Grand Fitness Partners Expands California Presence with Acquisition of Eight Planet Fitness Locations

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Planet Fitness' (PLNT) emphasis on expansion efforts and new growth model bodes well. However, elevated new store construction costs are a concern.

Solid Expansion Efforts Aid Planet Fitness (PLNT), High Costs Ail (Revised)

Solid Expansion Efforts Aid Planet Fitness (PLNT), High Cost Ail

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Planet Fitness is growing more slowly these days. Executives are seeking to cut costs so they can boost overall efficiency.

Why Planet Fitness Stock Was Soaring This Week

Planet Fitness' (PLNT) third-quarter 2023 results reflect robust growth in members and global store count.

Planet Fitness (PLNT) Q3 Earnings & Revenues Beat, Shares Up

Shares of Planet Fitness (PLNT) skyrocketed after the operator of fitness centers posted better-than-expected results and raised its guidance as it added members and stores.

Planet Fitness Shares Rise, Boosted by Membership and Store Growth

Planet Fitness reported strong third-quarter (Q3) performance that it attributes to growing membership among Generation Z consumers. “We continue to see our strongest net member growth for Gen Zs who now make up a quarter of our membership base,” Planet Fitness Interim CEO Craig Benson told analysts on a Tuesday (Nov. 7) earnings call.

Planet Fitness Reports Strong Q3 Results Driven by Gen Z as Quest for New CEO Continues

Planet Fitness, Inc. (PLNT) Q3 2023 Earnings Call Transcript

The shares of Planet Fitness Inc (NYSE:PLNT) are soaring today, up 13.3% at $62.52 at last glance, after the company issued an upbeat third-quarter report and raised its full-year forecast.

Planet Fitness Stock Soars After Forecast Hike

Planet Fitness is adding new members, and its profitability is surging. The company is adjusting requirements for its franchisees because of macroeconomic headwinds.

Why Planet Fitness Stock Pushed Higher Today

Planet Fitness now expects its revenue for the year to grow 14%, up from a previous estimate of 12%.

Planet Fitness shares surge as company raises revenue outlook

Although the revenue and EPS for Planet Fitness (PLNT) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Here's What Key Metrics Tell Us About Planet Fitness (PLNT) Q3 Earnings

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Planet Fitness (NYSE:PLNT) shares jumped after its latest financial results showed third-quarter revenue growth of nearly 14% compared to the prior year, reaching $277.6 million. The gym chain reported an 8.4% rise in system-wide same store sales and the opening of 26 new Planet Fitness (NYSE:PLNT) stores, increasing the total store count to 2,498.

Planet Fitness reports impressive 3Q revenue growth, raises outlook

Planet Fitness Inc. PLNT, -0.27% reported Tuesday third-quarter profit and revenue that rose above expectations, while same-store sales matched expectations, and the fitness center operator's stock was indicated down more than 2% in premarket trading. Net income rose to $39.1 million, or 46 cents a share, from $26.9 million, or 32 cents a share, in the year-ago period.

Planet Fitness beats profit and revenue expectations and matches on same-store sales, and stock set to fall

System-wide same store sales increased 8.4% Ended third quarter with total membership of more than 18.5 million Opened 26 new Planet Fitness stores bringing total to 2,498 Updates 2023 outlook HAMPTON, N.H. , Nov. 7, 2023 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its third quarter ended September 30, 2023.

Planet Fitness, Inc. Announces Third Quarter 2023 Results

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HAMPTON, N.H. , Oct. 24, 2023 /PRNewswire/ -- Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), today announced that the Company will report results for its third quarter ended September 30, 2023, before the market opens on Tuesday, November 7, 2023.

PLANET FITNESS, INC. TO REPORT THIRD QUARTER 2023 RESULTS ON NOVEMBER 7, 2023

NEW YORK , Oct. 9, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Planet Fitness, Inc. ("Planet Fitness" or the "Company") (NYSE: PLNT). Such investors are advised to contact Robert S.

News for Planet Fitness Stock (PLNT)