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Planet Fitness (PLNT) Tops Q4 EPS by 8c; offers outlook

February 25, 2025 6:31 AM

Planet Fitness (NYSE: PLNT) reported Q4 EPS of $0.70, $0.08 better than the analyst estimate of $0.62. Revenue for the quarter came in at $340.5 million versus the consensus estimate of $323.8 million.

2025 Outlook

For the year ending December 31, 2025, the Company expects the following:

New equipment placements of approximately 130 to 140 in franchisee-owned locations
System-wide new club openings of approximately 160 to 170 locations

The following are 2025 growth expectations over its 2024 results:

System-wide same club sales growth in the 5% to 6% range
Revenue to increase approximately 10%
Adjusted EBITDA to increase approximately 10%
Adjusted net income to increase in the 8% to 9% range
Adjusted net income per share, diluted to increase in the 11% to 12% range, based on adjusted diluted weighted-average shares outstanding of approximately 84.5 million, inclusive of shares expected to be repurchased.

The Company also expects 2025 net interest expense to be approximately $86.0 million. It also expects capital expenditures to increase approximately 25% driven by additional clubs in our corporate-owned portfolio and depreciation and amortization to remain flat compared to 2024.

For earnings history and earnings-related data on Planet Fitness (PLNT) click here.

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Earnings

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