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Earnings Whisper ®
2nd Quarter June 2023
Revenue: $252.58 Mil
6:45 AM ET
Thursday, May 4, 2023
Planet Fitness, Inc. Announces First Quarter 2023 Results
What do you expect when PLNT reports earnings?
Where is PLNT's stock price going from here?
Planet Fitness is one of the leading franchisors and operators of fitness centers in the United States. Planet Fitness reports its financial numbers under three segments: Franchise, Corporate-Owned Stores, and Equipment. The Franchise segment is involved in franchising business in the United States, Puerto Rico, Canada, the Dominican Republic, and Panama. The segment generates revenues thorough royalty fees, franchise fees, placement revenue, other fees and commission income. The Corporate-Owned Store segment generates revenues through monthly membership charges, enrollment, annual and prepaid fees paid members, and retail sales. The Equipment segment realizes its revenues through sales of fitness equipment to franchisee-owned stores in the United States.