Planet Fitness beats Q3 revenue estimates on increased same club sales

Planet Fitness

06/11/2025 11:37

Overview

Planet Fitness Q3 revenue rises 13% to $330.3 mln, beating analyst expectations

Adjusted EPS for Q3 beats estimates at $0.80

Company repurchased $100 mln of its shares, indicating confidence in future growth

Outlook

Planet Fitness raises 2025 revenue growth outlook to 11% from 10%

Company expects system-wide same club sales growth of 6.5% in 2025

Planet Fitness anticipates adjusted EBITDA to grow 12% in 2025

Result Drivers

SAME CLUB SALES - System-wide same club sales increased 6.9%, contributing to overall revenue growth

NEW CLUB OPENINGS - 35 new clubs opened during the quarter, boosting system-wide sales

EQUIPMENT SALES - Higher equipment sales to franchisee-owned clubs drove revenue growth in the equipment segment

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$330.30 mln
$324.10 mln (14 Analysts)
Q3 Adjusted EPS
Beat
$0.80
$0.73 (13 Analysts)
Q3 Adjusted Net Income
Beat
$67 mln
$61.30 mln (11 Analysts)
Q3 Net Income
$58.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the leisure & recreation peer group is "buy"

Wall Street's median 12-month price target for Planet Fitness Inc is $122.37, about 25.1% above its November 5 closing price of $91.70

The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 34 three months ago

Press Release: ID:nPn5ShCMHa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)