other material
confidence high
sentiment positive
materiality 0.65
Planet Fitness reports 19.7M members, 5.0% same-club sales growth, 150 new clubs in 2024
Planet Fitness, Inc.
- Membership reached ~19.7M as of Dec 31, 2024; system-wide same club sales +5.0% for full year.
- Opened 150 new clubs (21 corporate-owned), total 2,722; equipment placed in 124 new franchised clubs.
- Raised Classic Card price for first time in >25 years; initiated ASR program and refinanced portion of debt.
- Added Chip Ohlsson as Chief Development Officer and Brian Povinelli as Chief Marketing Officer.
- Full FY2024 results and 2025 outlook to be released on February 25, 2025.