secwatch.observer — SEC 8-K summary
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Issuer:     Planet Fitness, Inc. (PLNT)
CIK:        0001637207
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001637207-22-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet Fitness Q3 revenue up 58.4% to $244.4M; record 16.6M members; new $500M buyback
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- Revenue $244.4M (+58.4% YoY); system-wide same-store sales +8.2%; record membership over 16.6M.
- Adjusted net income $38.2M ($0.42 diluted EPS) vs $21.7M ($0.25) in prior year; Adjusted EBITDA $93.9M vs $61.7M.
- Opened 29 new stores; total system-wide stores 2,353 at quarter-end.
- Board authorized new $500M share repurchase program; Q3 repurchases of $50M (831K shares).
- Raised full-year 2022 guidance for revenue, adjusted EBITDA, and adjusted net income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637207/000163720722000050/0001637207-22-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637207/000163720722000050/plnt-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001637207-22-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer