Planet Fitness Q3 revenue up 13.6% to $277.6M; adjusted EPS $0.59 vs $0.42 YoY

Planet Fitness, Inc.

System-wide same store sales +8.4%; total membership exceeded 18.5 million.
Net income attributable to Planet Fitness $39.1M ($0.46 diluted EPS) vs $26.9M ($0.32) YoY.
Adjusted EBITDA $111.9M, up from $93.9M in prior year period.
Opened 26 new stores in Q3 (24 franchise, 2 corporate); system-wide total 2,498.
Interim CEO Craig Benson noted focus on enhancing store returns and permanent CEO search.

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 third quarter ended September 30, 2023 results: revenue $277.6 million, net income $41.3 million, EPS $0.46 per diluted share.

Period: third quarter ended September 30, 2023
Revenue: $277.6 million
Net income: $41.3 million
EPS: $0.46 per diluted share
Result: reported results

Exact text from the filing

to set us and our franchisees up for continued long-term sustainable growth.” Third Quarter Fiscal 2023 results • Total revenue increased from the prior year period by 13.6% to $277.6 million. • System-wide same store sales increased by 8.4%. • System-wide sales increased $124.8 million to $1,092.9 million, from $968.1 million in the prior year period. • Net income

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Planet Fitness, Inc. filing history →

Source: SEC EDGAR

accession 0001637207-23-000048

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