---
schema_version: "secwatch.filing_event.v1"
accession: "0001637207-24-000014"
form_type: "8-K"
ticker: "PLNT"
cik: "0001637207"
company_name: "Planet Fitness, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T19:30:37.528068+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Planet Fitness Q4 adj EPS $0.60, revenue $285M; CFO to retire Sept 2024; store target raised to 5,000

## Summary
- Q4 total revenue $285.1M (+1.4% YoY); FY 2023 revenue $1.1B (+14.4% YoY).
- Q4 adj EBITDA $114.3M (+7.8%); FY adj EBITDA $435.4M (+19% YoY).
- System-wide same-store sales +7.7% in Q4, +8.7% for FY 2023; 165 new stores opened in 2023.
- CFO Tom Fitzgerald retiring effective Sept 1, 2024; retention bonus of $500k if stays through Aug 31.
- Company raises U.S. store opportunity to 5,000 (from 4,000); guides 10-11% adj EBITDA growth in 2024.

## SEC filing metadata
- accession: 0001637207-24-000014
- form_type: 8-K
- ticker: PLNT
- cik: 0001637207
- company_name: Planet Fitness, Inc.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637207/000163720724000014/0001637207-24-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637207/000163720724000014/plnt-20240219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001637207-24-000014
- JSON: https://secwatch.observer/filing/0001637207-24-000014.json
- Plain text: https://secwatch.observer/filing/0001637207-24-000014.txt

## Key facts
- Earnings Releases
  Planet Fitness, Inc. reported year ended December 31, 2023 results: revenue $1.1 billion, net income $138.3 million, or $1.62 per diluted share.
  - Period: year ended December 31, 2023
  - Revenue: $1.1 billion
  - Net income: $138.3 million, or $1.62 per diluted share
  - Result: reported results
  source text: during the period, bringing system-wide total stores to 2,575 as of December 31, 2023. Fiscal Year 2023 Highlights • Total revenue increased from the prior year by 14.4% to $1.1 billion. • System-wide same store sales increased 8.7%. • Net income attributable to Planet Fitness, Inc. was $138.3 million, or $1.62 per diluted share, compared to $99.4 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637207/000163720724000014/0001637207-24-000014-index.htm
- Earnings Releases
  Planet Fitness, Inc. reported quarter ended December 31, 2023 results: revenue $285.1 million, net income $35.3 million, or $0.41 per diluted share.
  - Period: quarter ended December 31, 2023
  - Revenue: $285.1 million
  - Net income: $35.3 million, or $0.41 per diluted share
  - Result: reported results
  source text: we communicated at the time of our initial public offering in 2015.” Fourth Quarter Fiscal 2023 Highlights • Total revenue increased from the prior year period by 1.4% to $285.1 million. • System-wide same store sales increased 7.7%. • Net income attributable to Planet Fitness, Inc. was $35.3 million, or $0.41 per diluted share, compared to $33.7 million, or
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637207/000163720724000014/0001637207-24-000014-index.htm
- Executive change
  Tom Fitzgerald departed as Chief Financial Officer at Planet Fitness, Inc..
  - Action: retire
  - Role: Chief Financial Officer
  source text: Tom Fitzgerald notified the Company of his decision to retire as the Company’s Chief Financial Officer (“CFO”), effective as of September 1, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637207/000163720724000014/0001637207-24-000014-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.