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Planet Fitness Affirms Full-Year Outlook After Second-Quarter Beat
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Planet Fitness Affirms Full-Year Outlook After Second-Quarter Beat
Aug 6, 2025 11:27 AM

02:10 PM EDT, 08/06/2025 (MT Newswires) -- Planet Fitness ( PLNT ) affirmed its full-year earnings and revenue outlook on Wednesday after the company's second-quarter results exceeded analysts' views.

The fitness center operator said it continues to expect 2025 adjusted per-share earnings growth of 11% to 12% on a projected revenue increase of 10%.

Analysts polled by FactSet are projecting non-GAAP EPS to rise to $2.94 from the previous year's $2.59, with revenue seen increasing to $1.31 billion from $1.18 billion. That implies growth rates of about 14% and 11%, respectively, according to MT Newswires' calculations.

The company's shares were down nearly 5% intraday Wednesday.

Planet Fitness ( PLNT ) pegged system-wide same club sales growth at about 6%, the top end of the prior guidance range of 5% to 6%.

"The company continues to believe that between its tariff mitigation plans and the current tariff levels, its exposure is limited," it said in a statement. "This guidance does not include estimates or assumptions regarding the impact of tariffs beyond the existing regulations currently in place."

On Thursday, the White House issued a list of new reciprocal tariff rates, ranging from 10% to 41%, on different countries. The US recently reached deals with the EU, Japan, the Philippines and Indonesia. On Tuesday, US President Donald Trump told CNBC that his administration was "getting very close to a deal" with China.

Planet Fitness's ( PLNT ) adjusted per-share earnings rose to $0.86 for the June quarter from $0.71 a year earlier, ahead of the $0.79 consensus. Revenue climbed 13% to $340.9 million, exceeding the $329.9 million projected by analysts.

Franchise revenue grew by 11% to $119.7 million. Sales from corporate-owned stores increased about 11% to $139 million, while that from equipment jumped nearly 22%. System-wide same club sales increased 8.2%.

"Given that we're a fitness brand that sells an experience, we are generally less impacted by tariffs, have implemented mitigation plans such as leveraging our scale to negotiate with manufacturers, exploring alternative markets for producing products, and bringing equipment into the US on an accelerated basis," Chief Financial Officer Jay Stasz said at an earnings call with analysts, according to a FactSet transcript.

Price: 104.18, Change: -5.10, Percent Change: -4.66

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