CSIMarket
 
Planet Fitness inc   (PLNT)
Other Ticker:  
 
    Sector  Services    Industry Hotels & Tourism
   Industry Hotels & Tourism
   Sector  Services
 
Price: $59.7100 $-0.90 -1.485%
Day's High: $60.52 Week Perf: -6.18 %
Day's Low: $ 59.39 30 Day Perf: -11.71 %
Volume (M): 1,443 52 Wk High: $ 84.48
Volume (M$): $ 86,168 52 Wk Avg: $65.71
Open: $60.52 52 Wk Low: $44.13



 Market Capitalization (Millions $) 5,098
 Shares Outstanding (Millions) 85
 Employees 1,529
 Revenues (TTM) (Millions $) 1,071
 Net Income (TTM) (Millions $) 147
 Cash Flow (TTM) (Millions $) -150
 Capital Exp. (TTM) (Millions $) 136

Planet Fitness Inc
By number of members and locations, we are one of the largest and fastest-growing fitness center franchisors and operators in the United States, with a well-known national brand. Our goal is to improve peoples lives by delivering a high-quality exercise experience in a friendly, non-intimidating setting we call the Judgement Free Zone. Our bright, clean stores are typically 20,000 square feet, with a large selection of high-quality, purple and yellow Planet Fitness-branded cardio, circuit, and weight-training equipment, as well as friendly staff trainers who provide unlimited free fitness instruction in small groups to all of our members through our PE@PF program. For our normal membership, we provide this unique exercise experience for only $10 per month.
We supply high-quality Planet Fitness-branded fitness equipment from renowned vendors to our members. We specify particular pieces and amounts of cardio and strength-training equipment and work with franchisees to examine and approve layouts and placement in order to ensure a uniform experience across our store base. We are able to negotiate cheaper prices and longer warranties from our suppliers because of our size. As a consequence, we believe we can provide equipment at a lower cost than franchisees could obtain on their own.
We like to situate our businesses in free-standing retail buildings or neighborhood shopping complexes, and we look at both high- and low-density regions. We look for locations that meet the following criteria: I high visibility and accessibility, (ii) favorable traffic counts and patterns, (iii) signage availability, (iv) enough parking or public transit, and (v) our target demographics. Third-party site analytics technologies give us with detailed demographic data and research, which we utilize to evaluate new and current locations and markets for both corporate-owned and franchisee-owned stores. We look at population density and travel time, current tenant mix, layout, prospective competition, and the impact on existing Planet Fitness locations, as well as comparative data from other locations.


   Company Address: 4 Liberty Lane West Hampton 3842 NH
   Company Phone Number: 750-0001   Stock Exchange / Ticker: NYSE PLNT
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
LTH   -0.69%    
• View Complete Report
   



Planet Fitness Inc

Hotels & Tourism Giant Faces Economic Contraction in Q4 2023: Planet Fitness Inc Stands Strong

Planet Fitness Inc is a well-known fitness franchise that has been making waves in the Hotels & Tourism industry. In the fourth quarter of 2023, the company reported improved earnings per share, with a 6.51% increase to $0.41. Despite a slight decrease in revenue by -9.118% to $285.09 million, Planet Fitness Inc managed to increase its bottom-line earnings by 1.9% to $36.762 million. This highlights the company's ability to maintain profitability even in the face of challenges.
One of the key factors contributing to Planet Fitness Inc's success is its focus on improving profit margins. In the fourth quarter of 2023, the company saw an increase in both net margin (up to 12.9%) and operating margin (up to 25.03%). This indicates that the company is efficiently managing its expenses while maximizing revenue generation.

Planet Fitness Inc

Impressive Revenue Surge of 13.571% Propels Planet Fitness Inc's Growth in Q3 2023

/>Planet Fitness Inc. (PLNT) has experienced a series of notable financial results and stock performance in recent times. While the stock has gained 16.26% over the past 5 days, it is trading 7.5% below its 52-week average. Furthermore, PLNT's stock had improved by -9.89% from the previous year.
Financial Results Analysis:
1. Third Quarter 2023 Earnings:
- Profit per share surged by an impressive 43.75% to $0.46 per share.
- Revenue increased by 13.571% to $277.55 million compared to the prior year period.
- Net income reported in the third quarter of 2023 earnings season increased by 34.71% to $41.324 million.
2. Comparisons to Sector Contemporaries and Previous Periods:
- PLNT's revenue gain fell short compared to Hotels & Tourism sector contemporaries, increasing by 15.18% compared to the corresponding period a year earlier.
- Earnings per share decreased by -4.17% from $0.48 per share in the preceding reporting period.
- Revenue decreased by -3.111% from $286.46 million in the preceding reporting period.

Planet Fitness Inc

Planet Fitness Inc Dominates Second Quarter with Record-breaking Growth in Q2 2023 Earnings Season

Financial News Report: Planet Fitness Inc Displays Strong Growth in Q2 2023 Earnings Season
Planet Fitness Inc reported impressive growth in the second quarter of the 2023 earnings season, with a substantial increase in income per share and revenue. Compared to the previous year, the company's income per share surged by 84.62% to $0.48 per share, while revenue increased by 27.633% to $286.46 million.
In contrast to its peers in the Hotels & Tourism sector, Planet Fitness Inc experienced higher business growth. The majority of corporations in the sector witnessed an average growth of 19.38% from the corresponding reporting period a year ago. Planet Fitness Inc's remarkable growth shows its ability to outperform competitors in the industry. The company's EPS also saw a significant rise of 77.78% from $0.27 per share, and revenue improved by 28.907% from $222.23 million.

Planet Fitness Inc

Planet Fitness Inc Makes Striking Strides: Revenue Soars by an Exceptional 21.011% in Recent Fiscal Period

Planet Fitness Inc has shown impressive growth in its first quarter of 2023, achieving a return on average invested assets (ROI) of 5.96%. While this is below the company's average ROI of 35.06%, it is a marked improvement from the fourth quarter of 2022. This is a positive sign for investors, as the company's overall ROI ranking has progressed to 810 from 1550.
Notably, while there were 113 other services sector companies with a higher ROI, Planet Fitness Inc's improving profitability and increasing profit margins are worth noting. The company's net margin rose to 11.15% in the first quarter of 2023 and its operating margin edged up to 23.47%, with operating earnings improving by 78.68% to $52.156 million.






 

Planet Fitness Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Planet Fitness Inc does not provide revenue guidance.

Earnings Outlook
Planet Fitness inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com