Financial Data and Key Metrics Changes - Total revenue for Q3 2025 was $330.3 million, an increase of 13% compared to $292.2 million in Q3 2024 [21] - Adjusted EBITDA increased by 14.4% to $140.8 million, with an adjusted EBITDA margin of 42.6% compared to 42.1% in the prior year [23] - Net income for the quarter was $59.2 million, with adjusted net income at $67 million, translating to an adjusted net income per diluted share of $0.80 [23][24] Business Line Data and Key Metrics Changes - Franchise segment revenue increased by 11%, while corporate-owned club segment revenue rose by 7.6% [21] - Equipment segment revenue saw a significant increase of 27.8%, driven by higher sales from both new equipment and replacements [22] - Black Card penetration reached 66.1%, a 300 basis point increase from the previous year [20] Market Data and Key Metrics Changes - The company ended Q3 with approximately 20.7 million members, reflecting strong join trends and conversions from the High School Summer Pass program [4][20] - System-wide same club sales growth was reported at 6.9%, with franchisee same club sales increasing by 7.1% and corporate same club sales by 6% [19] Company Strategy and Development Direction - The company is focused on four strategic imperatives: redefining brand promise, enhancing member experience, refining product offerings, and accelerating new club growth [7] - Plans to raise the Black Card membership price to $29.99 after the peak join season in 2026, reflecting confidence in the brand's value [9] - The company aims to open between 160 and 170 new clubs in 2025, including both franchise and corporate locations [24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the business's momentum and the effectiveness of their strategic imperatives, leading to an increase in the 2025 outlook [25] - The company noted that while attrition rates were elevated year-over-year, they were consistent with historical levels and showed signs of moderation [39] - Management highlighted the importance of member engagement and retention, emphasizing the positive impact of personalized experiences and community [11][12] Other Important Information - The company invested nearly $170 million in waived membership dues as part of its marketing strategy [6] - Planet Fitness was recognized as one of Fortune's 100 Fastest Growing Companies and ranked 22nd in Franchise Times Top 400 [16] Q&A Session Summary Question: Thoughts on marketing split between local and national - Management discussed the shift of 1% from local to national advertising, aiming to enhance digital marketing and CRM efficiency [30] Question: Density and market opportunities - Management indicated opportunities for growth in less dense markets due to demographic shifts and population growth [31][32] Question: Churn and member growth expectations - Management confirmed that elevated attrition rates were not out of line with historical trends and expected moderation [39][40] Question: Confidence in guidance and Black Card pricing - Management attributed increased confidence to strong Q3 results and positive trends in equipment business and SG&A [44][46] Question: Competitive landscape and franchisee returns - Management noted strong join trends and franchisee confidence, with positive indicators for real estate availability [52][53] Question: Strategic brand partnerships - Management highlighted ongoing efforts to cultivate brand partnerships and the positive impact on member benefits [66] Question: AI and technology for membership retention - Management discussed plans to leverage AI for personalized member experiences and marketing [70][81] Question: Equipment replacement and franchisee returns - Management assured that the quality of equipment would maintain consistent replacement cycles despite increased usage [117][118]

分组1 - Planet Fitness reported quarterly earnings of $0.8 per share, exceeding the Zacks Consensus Estimate of $0.72 per share, and showing an increase from $0.64 per share a year ago, representing an earnings surprise of +11.11% [1] - The company posted revenues of $330.35 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.69%, and up from $292.25 million year-over-year [2] - Over the last four quarters, Planet Fitness has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] 分组2 - The stock has underperformed the market, losing about 7.3% since the beginning of the year, while the S&P 500 has gained 15.6% [3] - The current consensus EPS estimate for the coming quarter is $0.76 on revenues of $361.05 million, and for the current fiscal year, it is $2.92 on revenues of $1.3 billion [7] - The Zacks Industry Rank places Leisure and Recreation Services in the top 28% of over 250 Zacks industries, indicating a favorable outlook for the sector [8]

Core Insights - Planet Fitness reported a total revenue increase of 13.0% to $330.3 million for Q3 2025, driven by system-wide same club sales growth of 6.9% [3][7] - The company raised its full-year growth outlook for 2025, expecting adjusted net income to increase in the range of 13% to 14% [9][10] - The company repurchased approximately $100 million of its shares during the quarter [1] Financial Performance - Total revenue for Q3 2025 was $330.3 million, up from $292.2 million in the prior year [7] - Net income attributable to Planet Fitness, Inc. was $58.8 million, or $0.70 per diluted share, compared to $42.0 million, or $0.50 per diluted share, in the prior year [7] - Adjusted EBITDA increased by $17.7 million to $140.8 million from $123.1 million in the prior year [7] Segment Performance - Franchise segment revenue increased by 11.0% to $113.7 million, with a same club sales increase of 7.1% contributing to higher royalty revenue [8] - Corporate-owned clubs segment revenue rose by 7.6% to $137.8 million, driven by a same club sales increase of 6.0% [8] - Equipment segment revenue surged by 27.8% to $78.8 million, attributed to higher sales to both existing and new franchisee-owned clubs [8] Growth Outlook - The company expects system-wide same club sales growth of approximately 6.5%, up from a previous estimate of 6.0% [9] - Revenue is now expected to increase by approximately 11%, up from 10% [9] - The company anticipates new club openings of approximately 160 to 170 locations [9] Operational Highlights - 35 new Planet Fitness clubs were opened during the quarter, bringing the total to 2,795 clubs as of September 30, 2025 [7] - Cash and marketable securities totaled $577.9 million, including cash and cash equivalents of $329.0 million [7]

Exhibit 99.1 Planet Fitness, Inc. Announces Third Quarter 2025 Results System-wide same club sales increased 6.9% Raises 2025 full-year growth outlook Repurchased approximately $100M of its shares Hampton, NH, November 6, 2025 - Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its third quarter ended September 30, 2025. Third Quarter Fiscal 2025 Highlights "We are making significant progress in executing on our long-term strategy, as highlighted by our strong financial performance dur ...

Core Viewpoint - Planet Fitness is committed to supporting local communities by promoting physical wellness and community well-being through initiatives like the annual turkey giveaway [1][2]. Group 1: Event Details - The seventh annual turkey giveaway will take place on Monday, November 24, 2025, at two locations in metro Atlanta: Decatur (Wesley Chapel) and Stone Mountain (Rockbridge Rd) [1][3]. - A total of 500 free, full-size frozen turkeys will be distributed to local residents, families, and club members [1]. - The Decatur location will start distributing turkeys at 11 a.m., while the Stone Mountain location will begin at 2 p.m. [2][3]. Group 2: Community Engagement - The initiative is part of Planet Fitness's efforts to express gratitude to the local community and enhance community well-being beyond gym facilities [1][3]. - The turkeys are donated by The Flynn Group, a franchise division of Planet Fitness, emphasizing the company's commitment to community support [3].

Core Insights - Wall Street analysts expect Planet Fitness (PLNT) to report quarterly earnings of $0.72 per share, reflecting a year-over-year increase of 12.5% [1] - Projected revenues for the quarter are $324.86 million, which is an 11.2% increase from the same quarter last year [1] - The consensus EPS estimate has been revised down by 0.1% in the past 30 days, indicating a reassessment by analysts [1][2] Revenue Estimates - Revenue from the Franchise segment is expected to reach $113.52 million, showing a year-over-year change of +10.8% [4] - Revenue from Corporate-owned clubs is forecasted at $141.25 million, indicating a +10.2% change from the prior year [4] - The Equipment segment revenue is estimated to be $68.36 million, reflecting a +10.8% change from the previous year [4] Store Metrics - Total stores at the end of the period are projected to be 2,790, up from 2,637 in the same quarter last year [5] - Same-store sales are expected to be 5.9%, compared to 4.3% from the previous year [5] - The estimate for EOP Franchise Stores is 2,507, compared to 2,369 last year [6] Sales Performance - Corporate-owned same-store sales are anticipated to reach 5.9%, an increase from 3.4% in the same quarter last year [7] - Franchisee-owned new stores opened are projected to be 24, up from 12 in the same quarter last year [8] Market Performance - Shares of Planet Fitness have decreased by 5.7% in the past month, contrasting with a +1% change in the Zacks S&P 500 composite [8]

Core Insights - Fitness stocks are gaining attention, with Garmin, Planet Fitness, Peloton Interactive, Life Time Group, and Xponential Fitness highlighted as key companies to watch [2] Company Summaries - **Garmin (GRMN)**: Designs and manufactures wireless devices, with a fitness segment that includes running watches, cycling products, smartwatches, scales, and fitness accessories. It also offers platforms like Garmin Connect for tracking fitness data [3] - **Planet Fitness (PLNT)**: Operates fitness centers under the Planet Fitness brand, with segments including Franchise, Corporate-Owned Stores, and Equipment. The company franchises in multiple countries including the U.S., Canada, and Australia [4] - **Peloton Interactive (PTON)**: Provides an interactive fitness platform with connected products that stream live and on-demand classes, including various bike and treadmill models [5] - **Life Time Group (LTH)**: Offers health, fitness, and wellness experiences, focusing on designing and operating sports and fitness centers in metropolitan areas across the U.S. and Canada [6] - **Xponential Fitness (XPOF)**: Operates as a boutique fitness franchisor, offering a variety of fitness services under multiple brand names, including Club Pilates and CycleBar [7]

Core Insights - Planet Fitness has been recognized in Fortune's 2025 100 Fastest-Growing Companies List, highlighting its exceptional growth in revenue, profits, and stock performance over a three-year period [1][2]. Financial Performance - To qualify for the Fortune list, Planet Fitness achieved revenue of at least $50 million and net income of at least $10 million over the previous four quarters, with annualized growth of at least 20% in both revenue and earnings per share over the past three years [2]. Company Growth and Strategy - The CEO of Planet Fitness, Colleen Keating, emphasized that the recognition reflects the strength of the company's growth model and its commitment to enhancing member experience through innovative fitness offerings [3]. - The company has added over 600 clubs in the past five years and gained nearly 14 million members in the last decade, positioning itself to meet the increasing consumer demand for health and wellness [3]. Membership and Operations - As of June 30, 2025, Planet Fitness had approximately 20.8 million members and operated 2,762 clubs across various regions, including the U.S., Canada, and several other countries [5]. - The company's mission focuses on providing a high-quality fitness experience in a welcoming environment, known as the Judgement Free Zone®, with over 90% of its clubs being independently owned and operated [5].

Core Insights - Planet Fitness is the largest fitness chain operator in the US, with nearly 2,800 locations and 20.8 million members [1] Company Overview - The company has established a competitive advantage by focusing on market psychology and technical analysis, suggesting a blend of both methods for better investment strategies [1]

Core Insights - Planet Fitness has announced a multi-year partnership with Hockey Canada, becoming the official fitness partner, aimed at promoting fitness and movement within Canadian hockey culture [5][7][10] Company Overview - Planet Fitness is one of the largest and fastest-growing fitness center franchisors and operators, boasting over 20.8 million members and 2,762 clubs as of June 30, 2025 [9] - The company emphasizes a welcoming environment known as the Judgement Free Zone, catering to individuals at all fitness levels [9] Partnership Details - The partnership with Hockey Canada will last for three years, focusing on creating safe and welcoming communities through fitness [5][7] - National Women's Team players Natalie Spooner, Emily Clark, and Emma Maltais will be featured in promotional activities, including social media and community events [6][7] Community Engagement - Each athlete's hometown clubs will honor them by showcasing their names and workout routines, encouraging local members to engage with their fitness journeys [6] - Natalie Spooner will lead a hockey-themed workout event at her local Planet Fitness, promoting community involvement [7] Fitness Offerings - Planet Fitness memberships include free training with certified trainers, access to a variety of equipment, and a free app with on-demand workouts [8]