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PLNT — Planet Fitness News Story

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Planet Fitness Q2 revenue rises 13.3%, beats expectations

Overview

Planet Fitness Q2 revenue rises 13.3% to $340.9 mln, beating expectations

Adjusted net income for Q2 increases to $72.6 mln, surpassing estimates

Co maintains full-year 2025 growth outlook amid economic variability

Outlook

Company expects 2025 revenue to increase around 10%

Planet Fitness anticipates 160 to 170 new club openings in 2025

Company projects 2025 same club sales growth of about 6%

Planet Fitness sees 2025 adjusted EBITDA rising 10%

Result Drivers

SAME CLUB SALES - System-wide same club sales increased 8.2%, contributing significantly to revenue growth

FRANCHISE SEGMENT - Franchise revenue rose 11% due to higher royalty revenue and new club openings

EQUIPMENT SALES - Equipment segment revenue surged 21.5% driven by higher sales to franchisee-owned clubs

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$340.90 mln$329.90 mln (14 Analysts)
Q2 Adjusted Net IncomeBeat$72.60 mln$66 mln (12 Analysts)
Q2 Net Income$58 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "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 $112.00, about 2.4% above its August 5 closing price of $109.27 The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 31 three months ago Press Release: ID:nPnbjBJ3Qa (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.)

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