Planet Fitness (PLNT) Tops Q3 EPS by 7c; offers outlook
Planet Fitness (NYSE: PLNT) reported Q3 EPS of $0.80, $0.07 better than the analyst estimate of $0.73. Revenue for the quarter came in at $330.3 million versus the consensus estimate of $323.47 million.
2025 Outlook
The Company continues to believe that between its tariff mitigation plans and the current tariff levels, its exposure is limited. This guidance does not include estimates or assumptions regarding the impact of tariffs beyond the existing regulations currently in place.
For the year ending December 31, 2025, the Company is reiterating the following expectations:
It continues to expect new equipment placements of approximately 130 to 140 in franchisee-owned locations
It continues to expect system-wide new club openings of approximately 160 to 170 locations
The Company is raising the following growth expectations over its 2024 results:
It now expects system-wide same club sales growth of approximately 6.5% (previously approximately 6.0%)
It now expects revenue to increase approximately 11% (previously approximately 10%)
It now expects adjusted EBITDA to increase approximately 12% (previously approximately 10%)
It now expects adjusted net income to increase in the 13% to 14% range (previously 8% to 9%)
It now expects adjusted net income per share, diluted to increase in the 16% to 17% range (previously 11% to 12%), based on adjusted diluted weighted-average shares outstanding of approximately 84.2 million (previously 84.5 million), inclusive of the shares repurchased through the third quarter of 2025.
The Company continues to expect 2025 net interest expense to be approximately $86.0 million. It also continues to expect capital expenditures to increase approximately 20% driven by additional clubs in our corporate-owned portfolio and expects depreciation and amortization to be approximately $155 million.
For earnings history and earnings-related data on Planet Fitness (PLNT) click here.
