UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to ______________ Commission file number: 001-37534 PLANET FITNESS, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of ...

Planet Fitness, Inc. (NYSE:PLNT) Q2 2023 Earnings Conference Call August 3, 2023 8:00 AM ET Company Participants Stacey Caravella – Vice President-Investor Relations Chris Rondeau – Chief Executive Officer Tom Fitzgerald – Chief Financial Officer Conference Call Participants John Heinbockel – Guggenheim Partners Randy Konik – Jefferies Simeon Siegel – BMO Capital Markets Sharon Zackfia – William Blair Jonathan Komp – Baird Martin Mitela – Raymond James Rahul Krotthapalli – JP Morgan Chris O'Cull – Stifel Op ...

Membership and Store Growth - As of March 31, 2023, Planet Fitness had over 18.1 million members and 2,446 stores across various regions, including the U.S., Canada, and Australia[128] - The company opened 36 new stores during the three months ended March 31, 2023, compared to 37 new stores in the same period of 2022[135] - Planet Fitness had commitments to open more than 1,000 new stores under existing agreements, indicating strong future growth potential[128] - The number of franchisee-owned stores increased to 2,211 as of March 31, 2023, from 2,062 a year earlier, demonstrating effective expansion strategies[135] Financial Performance - Total revenue for the three months ended March 31, 2023, was $222.2 million, a 19.0% increase from $186.7 million in the same period of 2022[130] - Net income for the three months ended March 31, 2023, was $24,769,000, compared to $18,376,000 for the same period in 2022, representing a year-over-year increase of 35.0%[149] - Adjusted net income for the three months ended March 31, 2023, was $36,391,000, compared to $28,548,000 in the prior year, indicating a 27.5% increase[149] - Net income attributable to Planet Fitness, Inc. was $22.7 million, an increase from $16.5 million in the prior year, reflecting a net income margin of 10.4%[158] Revenue Breakdown - Franchise revenue increased to $75.9 million, up $9.8 million or 14.8% from $66.1 million in the prior year, driven by a same-store sales increase of 9.7%[160] - Revenue from corporate-owned stores rose to $105.9 million, a 39.0% increase from $76.2 million, with $23.5 million attributed to the acquisition of 114 stores[162] - Equipment segment revenue decreased to $23.7 million, down $6.8 million or 22.3% due to lower equipment sales to new franchisee-owned stores[163] EBITDA and Operational Efficiency - Segment EBITDA for the Franchise segment was $64.7 million, up from $60.1 million year-over-year, while Corporate-owned stores segment EBITDA increased to $33.5 million from $23.4 million[130] - EBITDA for the three months ended March 31, 2023, was $88.0 million, an increase from $78.2 million in the same period of 2022, highlighting improved operational efficiency[130] - Adjusted EBITDA for Q1 2023 was $90,211,000, up from $76,687,000 in Q1 2022, reflecting a growth of 17.6%[149] Cash Flow and Capital Expenditures - For the three months ended March 31, 2023, net cash provided by operating activities was $97.9 million, an increase of $39.9 million compared to $58.0 million in the same period of 2022[183] - Net cash used in investing activities decreased to $23.0 million from $449.7 million in the prior year, primarily due to a $425.8 million cash outflow for the Sunshine Acquisition in the previous period[184] - Total capital expenditures for the three months ended March 31, 2023, were $22.997 million, slightly down from $23.872 million in the same period of 2022[184] Legal and Financial Liabilities - The company recorded a legal liability increase of $3,300,000 related to a settlement agreement, bringing the total estimated liability to $11,850,000 as of March 31, 2023[147] - Interest expense for Q1 2023 was $21,599,000, slightly down from $22,631,000 in Q1 2022, showing a decrease of 4.6%[149] - The provision for income taxes was $9,567,000 in Q1 2023, compared to $11,711,000 in Q1 2022, representing a decrease of 18.3%[149] Market and Economic Conditions - Future operating performance and ability to service debt will be influenced by economic conditions and various uncontrollable factors[180] - The company is exposed to foreign exchange fluctuations, particularly with the Canadian dollar, Mexican peso, and Australian dollar, but a 10% change in exchange rates would have a negligible impact on net income[192]

Planet Fitness, Inc. (NYSE:PLNT) Q1 2023 Earnings Conference Call May 4, 2023 8:00 AM ET Company Participants Stacey Caravella - Vice President, Investor Relations Chris Rondeau - Chief Executive Officer Tom Fitzgerald - Chief Financial Officer Edward Hymes - President & Chief Operating Officer Conference Call Participants Randy Konik - Jefferies Simeon Siegel - BMO Capital Markets Maksim Rakhlenko - Cowen Chris O'Cull - Stifel Jonathan Komp - Baird Rahul Krotthapalli - JPMorgan John Heinbockel - Guggenheim ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-37534 PLANET FITNESS, INC. (Exact name of Registrant as specified in its Charter) (State or Other Jurisdiction of Incorporation or Organ ...

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 ...

Planet Fitness, Inc. (NYSE:PLNT) Q3 2022 Earnings Conference Call November 8, 2022 8:00 AM ET Company Participants Stacey Caravella - Vice President of Investor Relations Chris Rondeau - Chief Executive Officer Tom Fitzgerald - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Brian Harbour - Morgan Stanley Joe Altobello - Raymond James Alex Perry - Bank of America Warren Cheng - Evercore ISI Max Rakhlenko - Cowen & Company Jonathan Komp - Robert W. Baird & Co. Simeon Siegel - BMO ...

Planet Fitness, Inc. (NYSE:PLNT) Q2 2022 Results Conference Call August 9, 2022 8:00 AM ET Company Participants Stacey Caravella - VP, IR Chris Rondeau - CEO Tom Fitzgerald - CFO Dorvin Lively - President Conference Call Participants Randy Konik - Jefferies John Heinbockel - Guggenheim Partners Brian Harbour - Morgan Stanley Max Rakhlenko - Cowen & Company Sharon Zackfia - William Blair Jonathan Komp - Baird John Ivankoe - JP Morgan Garrett Klingshirn - BMO Capital Alex Perry - Bank of America Chris O'Cull ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________to ______________ Commission file number: 001-37534 PLANET FITNESS, INC. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of ...

Financial Data and Key Metrics Changes - Total revenue for Q1 2022 was $186.7 million, compared to $111.9 million in Q1 2021, reflecting significant growth across all segments [37][41] - Adjusted net income was $29.0 million, with adjusted net income per diluted share at $0.32, compared to previous figures [41] - Adjusted EBITDA increased to $77.3 million from $43.7 million year-over-year [41] Business Line Data and Key Metrics Changes - Same-store sales growth was 15.9% in Q1 2022, with franchise same-store sales growing 15.8% and corporate same-store sales increasing 17.0% [34] - The equipment segment revenue increased by 206%, driven by higher equipment sales to new and existing franchisee-owned stores [39] - The average royalty rate increased to 6.4% from 6.3% [38] Market Data and Key Metrics Changes - The company ended Q1 2022 with a record high member count of 16.21 million, having added 37 new stores, a nearly 30% increase over Q1 2021 [7][34] - Approximately 30% of mature stores have fully rebounded to pre-COVID membership levels, with membership per mature store down only 6% from pre-COVID levels [36] Company Strategy and Development Direction - The company is focused on two main growth strategies: driving system-wide same-store sales and continued store expansion in various markets [15][25] - The launch of the High School Summer Pass program aims to attract Gen Z members and address teen mental health issues [16][20] - The company is expanding internationally, with agreements to open locations in New Zealand and Mexico, targeting markets with low gym membership penetration [26][27] Management's Comments on Operating Environment and Future Outlook - Management remains optimistic about long-term growth opportunities, citing a strong appeal to millennials and Gen Z [6] - The company believes it is well-positioned for long-term growth despite potential economic challenges, with a resilient asset-light business model [53] - Management noted that the competitive landscape has changed, with many smaller gyms permanently closed, providing an opportunity for growth [60] Other Important Information - The acquisition of Sunshine Fitness is expected to enhance the corporate store team and diversify the geographic profile of corporate-owned stores [32] - The company has experienced challenges with marketing agency consolidation but believes long-term benefits will outweigh short-term disruptions [11][12] Q&A Session Summary Question: Thoughts on in-person fitness vs. at-home fitness trends - Management believes in-person fitness remains the key driver of health and wellness, with a significant rebound in gym attendance [58][60] Question: Strategy around member perks - The company aims to add value for members through various perks, enhancing the overall membership experience [62][66] Question: Outlook for same-store sales and membership joins - Management expects typical seasonality in membership joins, with pent-up demand likely influencing trends [71][72] Question: Franchisee enthusiasm amid recession concerns - Franchisees remain optimistic, with ongoing interest in expansion despite rising build-out costs [86][88] Question: International growth opportunities - The company is excited about international expansion, particularly in markets with low gym membership penetration [95][96]