secwatch.observer — SEC 8-K summary
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Issuer:     Planet Fitness, Inc. (PLNT)
CIK:        0001637207
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001637207-24-000080
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 $292.2M (+5.3% YoY); raises FY2024 outlook; new $500M buyback
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- Net income $42.0M ($0.50 diluted EPS); adjusted EPS $0.64; Adjusted EBITDA $123.1M (+10% YoY).
- System-wide same-club sales up 4.3%; 21 new clubs opened (12 franchisee, 9 corporate); total clubs 2,637.
- Initiated new $500M share repurchase program after completing prior $280M authorization.
- Appointed Jay Stasz as CFO effective November 15, 2024.
- Raised Classic Card membership price to $15 for new members (first increase in over 25 years).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637207/000163720724000080/0001637207-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637207/000163720724000080/plnt-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001637207-24-000080

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