Overview

* Planet Fitness ( PLNT ) Q2 revenue rises 13.3% to $340.9 mln, beating expectations

* Adjusted net income for Q2 increases to $72.6 mln, surpassing estimates

* Co maintains full-year 2025 growth outlook amid economic variability

Outlook

* Company expects 2025 revenue to increase around 10%

* Planet Fitness ( PLNT ) anticipates 160 to 170 new club openings in 2025

* Company projects 2025 same club sales growth of about 6%

* Planet Fitness ( PLNT ) sees 2025 adjusted EBITDA rising 10%

Result Drivers

* SAME CLUB SALES - System-wide same club sales increased 8.2%, contributing significantly to revenue growth

* FRANCHISE SEGMENT - Franchise revenue rose 11% due to higher royalty revenue and new club openings

* EQUIPMENT SALES - Equipment segment revenue surged 21.5% driven by higher sales to franchisee-owned clubs

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $340.90 $329.90

Revenue mln mln (14

Analysts

)

Q2 Beat $72.60 $66 mln

Adjusted mln (12

Net Analysts

Income )

Q2 Net $58 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the leisure & recreation peer group is "buy"

* Wall Street's median 12-month price target for Planet Fitness Inc ( PLNT ) is $112.00, about 2.4% above its August 5 closing price of $109.27

* The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 31 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)