secwatch.observer — SEC 8-K summary
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Issuer:     Planet Fitness, Inc. (PLNT)
CIK:        0001637207
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001637207-23-000036
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet Fitness Q2 revenue up 27.6% to $286.5M, same store sales +8.7%, lowers FY store growth outlook
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- GAAP EPS $0.48 (diluted) vs $0.26 prior year; adjusted EPS $0.65 vs $0.37.
- Total revenue $286.5M, up 27.6% YoY; system-wide same store sales +8.7%.
- Opened 26 new stores in Q2, ending at 2,472 total stores system-wide.
- Lowered 2023 outlook to ~140 new franchisee store equipment placements (from prior higher forecast).
- Repurchased $100M of shares (1.4M shares) in Q2; cash and equivalents $418.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637207/000163720723000036/0001637207-23-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637207/000163720723000036/plnt-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001637207-23-000036

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