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]

Company Overview - Planet Fitness is a leading franchisor and operator of fitness centers in the United States, with approximately 20.6 million members and 2,741 clubs as of March 31, 2025 [11] - The company operates in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia, and Spain, with about 90% of franchise stores owned and operated by franchisee groups [11] Investment Analysis - Planet Fitness holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a solid position in the market [12] - The stock has a Momentum Style Score of B, with shares increasing by 4.2% over the past four weeks [12] - Two analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing to $2.91 per share [12] - The company has an average earnings surprise of 6.9%, suggesting potential for positive performance [12] Investment Recommendation - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Planet Fitness is recommended for investors' consideration [13]

Company Overview - Planet Fitness is a leading franchisor and operator of fitness centers in the United States, with approximately 20.6 million members and 2,741 clubs as of March 31, 2025 [11] - The company operates in all 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, Australia, and Spain, with about 90% of franchise stores owned and operated by franchisee groups [11] Investment Ratings - Planet Fitness holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a solid position in the market [12] - The company is considered a top pick for growth investors, with a Growth Style Score of A, forecasting year-over-year earnings growth of 12.4% for the current fiscal year [12] Earnings Estimates - In the last 60 days, two analysts revised their earnings estimates upwards, with the Zacks Consensus Estimate increasing by $0.01 to $2.91 per share [12] - Planet Fitness has an average earnings surprise of 6.9%, suggesting a positive trend in earnings performance [12] Conclusion - With a strong Zacks Rank and top-tier Growth and VGM Style Scores, Planet Fitness is recommended for investors' consideration [13]

Core Insights - Planet Fitness, Inc. (PLNT) shares have increased by 10.5% over the past three months, outperforming the Zacks Leisure and Recreation Services industry, which declined by 2.7%, as well as the broader Consumer Discretionary sector's rise of 1.4% and the S&P 500 index's growth of 1% during the same period [1][10]. Group 1: Strategic Efforts - The company is focusing on four key strategic efforts: strengthening brand positioning through marketing, enhancing member experience, refining products and formats, and accelerating new club openings [2]. - Membership reached approximately 20.6 million in Q1 2025, an increase of about 900,000 from the end of 2024, supported by promotional strategies such as limited-time offers and Black Card incentives [7]. - A new marketing campaign launched at the beginning of the year has improved brand perception and increased interest among former members, with a strong rejoin rate above 30% [8]. Group 2: Member Experience and Product Enhancements - The company aims to provide a judgment-free environment with quality equipment that supports various fitness levels and goals, expanding strength equipment and functional training space [11]. - As of the end of Q1 2025, the company updated the equipment mix in nearly 1,800 clubs and plans to complete the rollout across all locations by year-end [12]. Group 3: Expansion and Growth - Planet Fitness added 19 new clubs in Q1 2025, including 16 franchisee-owned and 3 corporate-owned locations, and expects to open 160-170 new clubs during the year [14]. - The company recorded a 6.1% rise in system-wide same-club sales, driven by new member growth and club openings [14]. Group 4: Financial Performance and Valuation - Earnings estimates for 2025 have increased by 0.3% in the past 30 days, with a year-over-year expected growth rate of 12.4% for 2025 earnings [17]. - The company is currently trading at a premium compared to industry peers on a forward 12-month price-to-earnings (P/E) ratio basis, indicating strong market potential despite challenges [18][20]. Group 5: Challenges and Market Conditions - The company faces pressures from elevated costs and expenses due to inflation and global macroeconomic risks, as well as uncertainties from recently imposed tariffs [21]. - Despite these challenges, the company is experiencing steady membership growth and improved brand engagement, supported by club enhancements and targeted marketing [22][23].