earnings
confidence high
sentiment negative
materiality 0.75
Planet Fitness Q1 revenue up 22%, beats expectations; pauses Black Card price hike, cuts outlook
Planet Fitness, Inc.
- Revenue $337.2M (+21.9% YoY); net income $51.6M ($0.65 diluted EPS) vs $41.9M ($0.50).
- Adjusted EBITDA $139.9M (up from $117.0M); adjusted EPS $0.74 vs $0.59.
- System-wide same club sales +3.5%; 15 new franchisee clubs; total 2,909 clubs.
- Repurchased 613,725 shares for $50M; cash and securities $652M.
- CEO: Q1 beat, but net member growth slower; pausing national Black Card price increase; resetting 2026 outlook.