secwatch / observer
8-K filed February 23, 2023, 6:59 PM ET ticker PLNT CIK 0001637207
earnings confidence high sentiment positive materiality 0.80

Planet Fitness Q4 revenue $281.3M (+53% YoY); adjusted EPS $0.53; same-store sales +9%

Planet Fitness, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Planet Fitness, Inc. reported the year ended December 31, 2022 results: revenue $936.8 million, net income $99.4 million, EPS $1.18 per diluted share.

Period
the year ended December 31, 2022
Revenue
$936.8 million
Net income
$99.4 million
EPS
$1.18 per diluted share
Result
reported results
Exact text from the filing
during the period, bringing system-wide total stores to 2,410 as of December 31, 2022. Fiscal Year 2022 Highlights • Total revenue increased from the prior year by 59.6% to $936.8 million. • System-wide same store sales increased 11.4%. • Net income attributable to Planet Fitness, Inc. was $99.4 million, or $1.18 per diluted share, compared to $42.8 million, or
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Planet Fitness, Inc. reported the quarter ended December 31, 2022 results: revenue $281.3 million, net income $33.7 million, EPS $0.40 per diluted share.

Period
the quarter ended December 31, 2022
Revenue
$281.3 million
Net income
$33.7 million
EPS
$0.40 per diluted share
Result
reported results
Exact text from the filing
sets us, our franchisees, and our shareholders up for long-term success.” Fourth Quarter Fiscal 2022 Highlights • Total revenue increased from the prior year period by 53.2% to $281.3 million. • System-wide same store sales increased 9.0%. • Net income attributable to Planet Fitness, Inc. was $33.7 million, or $0.40 per diluted share, compared to net income
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Planet Fitness, Inc.: Approved Amended and Restated Bylaws including updates to advance notice provisions for universal proxy rules and conforming changes to DGCL regarding notice of adjourned meetings and stockholder list requirements (effective 2023-02-21).

Change
bylaw amendment
Effective
2023-02-21
Exact text from the filing
On February 21, 2023, the Board of Directors (the “Board”) of the Company approved Amended and Restated Bylaws of the Company (the “Amended Bylaws”), effective immediately, with such amendments including updates to the advance notice provisions to address the adoption by the Securities and Exchange Commission (the “SEC”) of “universal proxy” rules and other updates to conform with the Delaware General Corporation Law (the “DGCL”) regarding notice of adjourned stockholder meetings and stockholder list requirements.
View on SEC.gov

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Planet Fitness, Inc. filing history →

Source: SEC EDGAR
accession 0001637207-23-000003
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