Planet Fitness (NYSE:PLNT) reported second-quarter results that beat analyst expectations on both revenue and earnings, boosting its share price by over 2% in premarket trading on Wednesday.
The fitness chain posted earnings per share (EPS) of $0.86 for the quarter, outperforming the consensus estimate of $0.79. Revenue rose to $340.9 million, ahead of projections of $329.6 million.
System-wide same-store sales climbed 8.2%, while adjusted EBITDA increased to $147.6 million from $127.5 million a year earlier.
“Today marks the 10-year anniversary for Planet Fitness as a public company. Over the past decade, through a steadfast commitment to our mission and strategy, we’ve added nearly 14 million members, expanded our global footprint by more than 1,700 clubs, and established a presence in all 50 states and four additional countries,” said CEO Colleen Keating.
“In the second quarter, we delivered strong financial performance and remain confident in our full-year outlook for 2025, even amid near-term economic variability.”
For the full year, the company now expects same-club sales growth of approximately 6%, narrowing its prior forecast range of 5% to 6%. It maintained guidance for revenue and adjusted EBITDA growth of around 10% versus 2024, and projected adjusted net income to rise by 8% to 9%.
Planet Fitness also reaffirmed expectations for adjusted diluted EPS to increase 11% to 12%, based on roughly 84.5 million shares outstanding.
The company plans to open 160 to 170 new locations system-wide in 2025 and install new equipment at 130 to 140 franchisee-owned clubs. It noted that its tariff exposure remains limited under current trade policies.
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