Planet Fitness(PLNT)

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Planet Fitness Announces Partnership with BGC Canada to Support Youth Health and Wellness
Globenewswire· 2025-10-01 12:30
Partnership Kicks Off With In-Club Fundraiser to Support Judgement Free Generation® ProgrammingTORONTO, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announced a partnership with BGC Canada as part of the leading fitness provider’s ongoing commitment to advance youth wellbeing and create kinder communities. The partnership will kick off with a nation-wide fundraising campai ...
Easy Mile Fitness Acquires 17 Oregon and Alaska Clubs From Bravo Fit Franchise Group
Businesswire· 2025-09-25 15:06
BOSTON--(BUSINESS WIRE)--Easy Mile Fitness, a privately held Planet Fitness franchisee, has completed an acquisition adding 15 locations in Oregon and two in Alaska from the Bravo Fit Franchise Group. The 17 locations are throughout Portland, Bend, Medford and Yakima, Oregon and Anchorage, Alaska. The new additions make Easy Mile Fitness the largest Planet Fitness operator in Oregon, with Alaska marking the fifth state they operate in. ...
Planet Fitness Franchise Groups Raise Over $62,000 to benefit lifesaving mission of St. Jude Children's Research Hospital
Globenewswire· 2025-09-23 14:17
CAMP HILL, Pa., Sept. 23, 2025 (GLOBE NEWSWIRE) -- Today, several leading Planet Fitness franchise groups, including National Fitness Partners (NFP), Taymax, and TG3E, announced their month-long campaign to benefit St. Jude Children’s Research Hospital raised more than $62,700 to support the life-saving mission of St. Jude: Finding cures and saving children. This is the second year that Planet Fitness franchise groups have fundraised to support St. Jude. During the June campaign, these franchise groups en ...
Up 25% in 1 Year, Is This the Ultimate Growth Stock to Buy With $1,000 Right Now?
The Motley Fool· 2025-09-18 10:20
Momentum is definitely working in this company's favor.Investing in the S&P 500 has historically worked out quite well for investors. Just in the past year, the closely watched benchmark has climbed 19% (as of Sept. 12). This is a gain that no one should complain about.However, some companies are taking better care of their shareholders. There's a mid-cap stock that has risen 25% in the last 12 months, outpacing the overall market. And there are compelling reasons to like the business. Is this the ultimate ...
Planet Fitness: More Price Increases, Moving In The Right Direction (NYSE:PLNT)
Seeking Alpha· 2025-09-15 15:14
Market Trends - Since the start of 2025, investors have been actively pursuing gains in the stock market, particularly focusing on large-cap technology stocks that dominate the market [1] Analyst Background - Gary Alexander has extensive experience in covering technology companies on Wall Street and has worked in Silicon Valley, providing insights into current industry themes [1] - He has been a contributor on Seeking Alpha since 2017 and has been quoted in various web publications, with his articles being syndicated to popular trading apps like Robinhood [1]
Planet Fitness: More Price Increases, Moving In The Right Direction
Seeking Alpha· 2025-09-15 15:14
Market Trends - Since the start of 2025, investors have been actively pursuing gains in the stock market, particularly focusing on large-cap technology stocks that dominate the market [1] Analyst Insights - Gary Alexander, with extensive experience in covering technology companies and working in Silicon Valley, has been contributing to the discourse on industry themes since 2017, providing insights that shape the current market landscape [1]
More than 3.7 Million Teens Participate in Planet Fitness' High School Summer Pass™ Program, Building Lifelong Health and Wellness Habits Through Fitness
Globenewswire· 2025-09-15 12:30
Core Insights - Planet Fitness reported record participation in its 2025 High School Summer Pass™ program, with over 3.7 million teens participating and completing more than 19 million workouts across 2,700+ locations in the U.S. and Canada [1][2][3] Group 1: Program Impact - The program reflects a strong desire among teens to stay active and prioritize their wellbeing during summer, a time when regular fitness programs are typically unavailable [2][3] - Planet Fitness has invested over $168 million in waived membership dues to promote youth health and wellness through this initiative [3] - A survey indicated that 93% of teen participants believe the program will help them build long-lasting health and wellness habits beyond the summer [7] Group 2: Participant Feedback - Participants reported positive experiences, with one teen stating the program provided a safe and supportive environment that empowered her [4] - 91% of parents noted that the program fostered meaningful wellness conversations at home [7] - 83% of teen participants experienced a noticeable boost in overall happiness since joining the program [7] Group 3: Company Overview - As of June 30, 2025, Planet Fitness had approximately 20.8 million members and 2,762 clubs across various regions, including the U.S., Canada, and several other countries [6] - The company's mission focuses on enhancing lives through accessible, high-quality fitness experiences in a welcoming environment known as the Judgement Free Zone® [6][5]
Planet Fitness: Equity Story Has Gotten Better
Seeking Alpha· 2025-09-11 15:24
Group 1 - The article emphasizes a strong buy recommendation for Planet Fitness (NYSE: PLNT) based on strong demand fundamentals, improving franchisee economics, and international expansion potential [1] - The investment approach focuses on companies with steady long-term growth, no cyclicality, and a robust balance sheet, rather than merely low multiple stocks [1] - The author acknowledges the risks of overpaying for successful companies but believes that in certain situations, the potential for growth outweighs immediate price concerns [1]
Planet Fitness(PLNT) - 2025 Q2 - Quarterly Report
2025-08-07 20:32
[Cautionary Note Regarding Forward-Looking Statements](index=3&type=section&id=Cautionary%20Note%20Regarding%20Forward-Looking%20Statements) This section highlights that the report contains forward-looking statements based on current beliefs and expectations, subject to inherent uncertainties and risks - Forward-looking statements are based on current beliefs, expectations, and assumptions, and are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict[9](index=9&type=chunk) - Important factors that could cause actual results to differ materially include risks related to brand value, competition, intellectual property, cybersecurity, and regulatory compliance[11](index=11&type=chunk)[13](index=13&type=chunk) [PART I – FINANCIAL INFORMATION](index=5&type=section&id=PART%20I%20%E2%80%93%20FINANCIAL%20INFORMATION) This part presents the unaudited condensed consolidated financial statements and management's discussion and analysis for the period [ITEM 1. Condensed Consolidated Financial Statements](index=5&type=section&id=ITEM%201.%20Condensed%20Consolidated%20Financial%20Statements) This section presents unaudited condensed consolidated financial statements, including balance sheets, operations, cash flows, and detailed notes [Condensed Consolidated Balance Sheets (Unaudited)](index=5&type=section&id=Condensed%20Consolidated%20Balance%20Sheets%20%28Unaudited%29) This section provides a snapshot of the company's financial position, detailing assets, liabilities, and equity at specific points in time Condensed Consolidated Balance Sheet Highlights (in thousands) | Metric | June 30, 2025 | December 31, 2024 | Change | % Change | | :-------------------------------- | :------------ | :---------------- | :----- | :------- | | Total assets | $3,119,152 | $3,069,708 | $49,444 | 1.6% | | Total current liabilities | $310,190 | $282,495 | $27,695 | 9.8% | | Total noncurrent liabilities | $2,967,243 | $3,002,586 | $(35,343) | -1.2% | | Total stockholders' deficit | $(158,281) | $(215,373) | $57,092 | 26.5% | [Condensed Consolidated Statements of Operations (Unaudited)](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations%20%28Unaudited%29) This section presents the company's revenues, expenses, and net income over specific reporting periods Condensed Consolidated Statements of Operations Highlights (in thousands, except per share amounts) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Change | % Change | | :-------------------------------- | :------------------------------- | :------------------------------- | :----- | :------- | | Total revenue | $340,879 | $300,941 | $39,938 | 13.3% | | Income from operations | $102,402 | $87,379 | $15,023 | 17.2% | | Net income | $58,295 | $49,312 | $8,983 | 18.2% | | Net income attributable to Planet Fitness, Inc. | $58,019 | $48,640 | $9,379 | 19.3% | | Basic EPS | $0.69 | $0.56 | $0.13 | 23.2% | | Diluted EPS | $0.69 | $0.56 | $0.13 | 23.2% | | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | Change | % Change | | :-------------------------------- | :----------------------------- | :----------------------------- | :----- | :------- | | Total revenue | $617,541 | $548,958 | $68,583 | 12.5% | | Income from operations | $181,604 | $153,201 | $28,403 | 18.5% | | Net income | $100,374 | $84,285 | $16,089 | 19.1% | | Net income attributable to Planet Fitness, Inc. | $99,886 | $82,949 | $16,937 | 20.4% | | Basic EPS | $1.19 | $0.95 | $0.24 | 25.3% | | Diluted EPS | $1.19 | $0.95 | $0.24 | 25.3% | [Condensed Consolidated Statements of Comprehensive Income (Unaudited)](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income%20%28Unaudited%29) This section reports net income and other comprehensive income items, reflecting all changes in equity except owner transactions Condensed Consolidated Statements of Comprehensive Income Highlights (in thousands) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Change | % Change | | :-------------------------------- | :------------------------------- | :------------------------------- | :----- | :------- | | Net income including non-controlling interests | $58,295 | $49,312 | $8,983 | 18.2% | | Total other comprehensive income (loss), net | $2,362 | $(661) | $3,023 | -457.3% | | Total comprehensive income attributable to Planet Fitness, Inc. | $60,381 | $47,979 | $12,402 | 25.8% | | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | Change | % Change | | :-------------------------------- | :----------------------------- | :----------------------------- | :----- | :------- | | Net income including non-controlling interests | $100,374 | $84,285 | $16,089 | 19.1% | | Total other comprehensive income (loss), net | $3,358 | $(1,268) | $4,626 | -364.8% | | Total comprehensive income attributable to Planet Fitness, Inc. | $103,244 | $81,681 | $21,563 | 26.4% | [Condensed Consolidated Statements of Cash Flows (Unaudited)](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows%20%28Unaudited%29) This section details the inflows and outflows of cash from operating, investing, and financing activities over a period Condensed Consolidated Statements of Cash Flows Highlights (in thousands) | Metric | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | Change | % Change | | :-------------------------------- | :----------------------------- | :----------------------------- | :----- | :------- | | Net cash provided by operating activities | $177,894 | $167,948 | $9,946 | 5.9% | | Net cash used in investing activities | $(70,962) | $(90,436) | $19,474 | -21.5% | | Net cash used in financing activities | $(66,089) | $(103,693) | $37,604 | -36.3% | | Net increase (decrease) in cash, cash equivalents and restricted cash | $42,501 | $(27,360) | $69,861 | -255.3% | | Cash, cash equivalents and restricted cash, end of period | $392,175 | $294,761 | $97,414 | 33.0% | [Condensed Consolidated Statements of Changes in Equity (Unaudited)](index=10&type=section&id=Condensed%20Consolidated%20Statements%20of%20Changes%20in%20Equity%20%28Unaudited%29) This section outlines the changes in each component of stockholders' equity over the reporting period Condensed Consolidated Statements of Changes in Equity (Deficit) Highlights (in thousands) | Metric | Balance at December 31, 2024 | Balance at June 30, 2025 | Change | | :-------------------------------- | :--------------------------- | :----------------------- | :----- | | Total stockholders' deficit | $(215,373) | $(158,281) | $57,092 | | Key Changes (Six Months Ended June 30, 2025) | Amount (in thousands) | | :--------------------------------------- | :-------------------- | | Net income | $100,374 | | Equity-based compensation expense | $6,138 | | Repurchase and retirement of Class A common stock | $(52,483) | | Other comprehensive income | $3,358 | [Notes to Condensed Consolidated Financial Statements (Unaudited)](index=12&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements%20%28Unaudited%29) These notes provide detailed disclosures for the condensed consolidated financial statements, covering accounting policies, investments, debt, leases, revenue, and segment information [Note 1. Business Organization](index=12&type=section&id=%281%29%20Business%20organization) This note describes the company's business structure, operational segments, and ownership interests as of the reporting date - As of June 30, 2025, Planet Fitness operates approximately **20.8 million members** and **2,762 owned and franchised locations** across multiple countries[27](index=27&type=chunk) - The Company operates three distinct lines of business: licensing and selling franchises, owning and operating fitness centers, and selling fitness-related equipment to franchisee-owned clubs[33](index=33&type=chunk) - Planet Fitness, Inc. is a holding company that consolidates
Planet Fitness: Lack Of A Guidance Hike Introduces Pain
Seeking Alpha· 2025-08-06 16:51
Core Insights - BAD BEAT Investing, led by Quad 7 Capital, has been providing investment opportunities for nearly 12 years, with a notable call in February 2020 to sell everything and go short [1] - The team consists of 7 analysts with diverse expertise in business, policy, economics, mathematics, game theory, and sciences, focusing on both long and short trades [1] - The investment strategy emphasizes short- and medium-term investments, income generation, special situations, and momentum trades, aiming to educate investors on becoming proficient traders [1] Company Benefits - BAD BEAT Investing offers a range of benefits including understanding market dynamics, executing well-researched trade ideas weekly, and access to multiple chat rooms for discussions [2] - Members receive daily summaries of key analyst upgrades and downgrades, along with learning opportunities in basic options trading and access to extensive trading tools [2]