Planet Fitness, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2025
Published on 05/08/2025 at 06:30
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Planet Fitness, Inc. reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was USD 133.67 million compared to USD 122.38 million a year ago. Revenue was USD 276.66 million compared to USD 248.02 million a year ago.
Net income was USD 41.87 million compared to USD 34.31 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.39 a year ago.
Planet Fitness, Inc. is a franchisor and operator of fitness centers in the United States. The Company operates through three segments: Franchise, Corporate-owned stores, and Equipment. The Franchise segment includes operations related to its franchising business in the United States, Puerto Rico, Canada, Panama, Mexico, and Australia. The Corporate-owned stores segment includes operations with respect to all corporate-owned stores throughout the United States, Canada and Spain. The Equipment segment primarily includes the sale of equipment to franchisee-owned stores in the United States, Canada, and Mexico. The Company's subsidiaries operate three lines of business, which include licensing and selling franchises under the Planet Fitness trade name, owning, and operating fitness centers, and selling fitness-related equipment to franchisee-owned stores. The Company has approximately 2,617 stores in 50 states, the District of Columbia, Puerto Rico, Canada, Panama, Mexico, and Australia.
