Planet Fitness Shares Jump 10% After Q3 Beat and Upgraded 2025 Outlook

Core Insights - Planet Fitness Inc. shares surged over 10% in intra-day trading following better-than-expected third-quarter results and an increased full-year growth outlook [1] Financial Performance - The company reported adjusted earnings of $0.80 per share, exceeding consensus estimates of $0.73 [1] - Revenue increased by 13% year over year to $330.3 million, surpassing expectations of $323.47 million [1] - System-wide same-store sales rose by 6.9% compared to the prior year [1] Expansion and Shareholder Returns - Planet Fitness opened 35 new locations in the quarter, bringing the total to 2,795 clubs as of September 30 [2] - The company repurchased approximately $100 million worth of its shares during the period [2] Updated Guidance - The company raised its 2025 guidance for system-wide same-store sales growth to approximately 6.5%, up from the previous estimate of 6.0% [2] - Revenue growth is now forecasted at about 11%, compared to a prior projection of 10% [2] - Adjusted EBITDA growth outlook was increased to around 12% from 10% [3] - Adjusted net income is expected to rise by 13% to 14%, up from an earlier estimate of 8% to 9% [3]