Planet Fitness (PLNT) Tops Q1 EPS by 1c, Revenue Misses, Maintains Guidance

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Planet Fitness, Inc. Announces First Quarter 2019 Results

May 2, 2019 4:06 PM EDT

HAMPTON, N.H., May 2, 2019 /PRNewswire/ -- Today, Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2019.

First Quarter Fiscal 2019 Highlights

Total revenue increased from the prior year period by 22.7% to $148.8 million. System-wide same store sales increased 10.2%. Net income attributable to Planet Fitness, Inc. was $27.4 million, or $0.32 per diluted share, compared to net income attributable to Planet Fitness, Inc. of $19.9 million, or $0.23 per diluted share in the prior year period.Net income increased 34.7% to $31.6 million, compared to net... More