Planet Fitness, Inc.

PLNT

US72703H1014

Leisure & Recreation

Market Closed - Nyse Other stock markets 04:00:01 2024-04-26 pm EDT			5-day change	1st Jan Change
60.27 ^USD	+0.65%		+2.71%	-17.44%

Apr. 17	Consumer Cos Down Amid Mixed Earnings -- Consumer Roundup	DJ
Apr. 16	News Highlights : Top Company News of the Day - Tuesday at 5 PM ET	DJ

Planet Fitness, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023

February 22, 2024 at 06:30 am EST

Planet Fitness, Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 116.41 million compared to USD 100.45 million a year ago. Revenue was USD 285.09 million compared to USD 281.27 million a year ago.

Net income was USD 35.34 million compared to USD 33.68 million a year ago. Basic earnings per share from continuing operations was USD 0.41 compared to USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.41 compared to USD 0.4 a year ago.

Latest news about Planet Fitness, Inc.

Consumer Cos Down Amid Mixed Earnings -- Consumer Roundup	Apr. 17	DJ
News Highlights : Top Company News of the Day - Tuesday at 5 PM ET	Apr. 16	DJ
Sector Update: Consumer Stocks Mixed in Late Afternoon Trading	Apr. 16	MT
News Highlights : Top Company News of the Day - Tuesday at 3 PM ET	Apr. 16	DJ
Sector Update: Consumer Stocks Mixed in Afternoon Trading	Apr. 16	MT
News Highlights : Top Company News of the Day - Tuesday at 1 PM ET	Apr. 16	DJ
Top Midday Stories: UnitedHealth, Johnson & Johnson, Bank of America, Morgan Stanley, PNC, Bank of New York Mellon, Northern Trust and Ericsson Report Q1 Earnings; AMD Launches New Processors; Meta's Zuckerberg Wins Case Dismissal; Planet Fitness Names New CEO	Apr. 16	MT
News Highlights : Top Company News of the Day - Tuesday at 11 AM ET	Apr. 16	DJ
Planet Fitness Names Colleen Keating CEO	Apr. 16	MT
Planet Fitness, Inc. Announces Chief Executive Officer Changes, Effective June 10, 2024	Apr. 16	CI
Planet Fitness, Inc. Announces the Appointment of Colleen Keating as Class II Director, Effective June 10, 2024	Apr. 16	CI
Planet Fitness and Megan Thee Stallion Release A Second Co-Branded Merch Collection "Thee Hottie Drop" in Honor of Women's History Month	Mar. 08	CI
RBC Raises Price Target on Planet Fitness to $80 From $74, Keeps Outperform Rating	Mar. 05	MT
Tranche Update on Planet Fitness, Inc.'s Equity Buyback Plan announced on November 8, 2022.	Feb. 29	CI
JPMorgan Trims Price Target on Planet Fitness to $72 From $75, Maintains Neutral Rating	Feb. 26	MT
Planet Fitness Delivers Q4 Beat, In-Line 2024 Outlook With Puts and Takes, Morgan Stanley Says	Feb. 23	MT
Stifel Trims Price Target on Planet Fitness to $80 From $85, Maintains Buy Rating	Feb. 23	MT
Morgan Stanley Cuts Price Target on Planet Fitness to $79 From $83, Keeps Overweight Rating	Feb. 23	MT
Consumer Cos Rally After Economic Data -- Consumer Roundup	Feb. 22	DJ
News Highlights : Top Company News of the Day - Thursday at 5 PM ET	Feb. 22	DJ
News Highlights : Top Company News of the Day - Thursday at 3 PM ET	Feb. 22	DJ
News Highlights : Top Company News of the Day - Thursday at 1 PM ET	Feb. 22	DJ
Earnings Flash (PLNT) PLANET FITNESS Reports Q4 Revenue $285.1M, vs. Street Est of $282.2M	Feb. 22	MT
Earnings Flash (PLNT) PLANET FITNESS Posts Q4 EPS $0.60, vs. Street Est of $0.58	Feb. 22	MT
Sector Update: Consumer Stocks Steady Premarket Thursday	Feb. 22	MT

Chart Planet Fitness, Inc.

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Company Profile

Planet Fitness, Inc. is a franchisor and operator of fitness centers in the United States. The Company operates through three segments: Franchise, Corporate-owned stores, and Equipment. The Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States, and Canada. The Equipment segment primarily includes the sale of equipment to franchisee-owned stores in the United States, Canada, and Mexico. The Company's subsidiaries operate three lines of business, which include licensing and selling franchises under the Planet Fitness trade name, owning, and operating fitness centers, and selling fitness-related equipment to franchisee-owned stores. The Company has approximately 2,575 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia.

Sector

Leisure & Recreation

Calendar

2024-04-30 - Annual General Meeting

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Ratings for Planet Fitness, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

60.27 USD

Average target price

74.9 USD

Spread / Average Target

+24.27%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Gyms, Fitness and Spa Centers

	1st Jan change	Capi.
PLANET FITNESS, INC.	-17.44%	5.25B
SMARTFIT ESCOLA DE GINÁSTICA E DANÇA S.A.	-2.80%	2.89B
LEEJAM SPORTS COMPANY	+1.28%	2.88B
LIFE TIME GROUP HOLDINGS, INC.	-6.17%	2.78B
BASIC-FIT N.V.	-26.14%	1.47B
ONESPAWORLD HOLDINGS LIMITED	-9.36%	1.34B
CURVES HOLDINGS CO., LTD.	+12.88%	430M
XPONENTIAL FITNESS, INC.	-0.62%	405M
SATS ASA	+21.90%	341M
WORLD FITNESS SERVICES LTD.	0.00%	337M

Gyms, Fitness and Spa Centers