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Wall St Engine
@wallstengine
Fast, accurate, consistent stock market news, earnings highlights & more. By Brillinsight. Not financial advice.
๊ฐ€์ž… March 2022
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PLANET FITNESS $PLNT Q2โ€™26 EARNINGS HIGHLIGHTS ๐Ÿ”น Revenue: $365.2M (Est. $356M) ๐ŸŸข; +7.1% YoY ๐Ÿ”น Adj. EPS: $0.88 (Est. $0.85) ๐ŸŸข; +2% YoY ๐Ÿ”น Adjusted EBITDA: $152.8M (Est. $151M) ๐ŸŸข; +4% YoY ๐Ÿ”น Net Income: $67.4M (Est. $67.1M) ๐ŸŸข; +16% YoY FY26 Guide: ๐Ÿ”น Same Club Sales Growth: ~1% ๐Ÿ”น Revenue Growth: ~7% ๐Ÿ”น Adjusted EBITDA Growth: ~6% ๐Ÿ”น New Equipment Placements: ~150-160 ๐Ÿ”น New Club Openings: ~180-190 ๐Ÿ”น Adj. EPS Growth: ~6%; from ~4% Segment Net Revenue: ๐Ÿ”น Franchise: $135.8M; +13.5% YoY ๐Ÿ”น Corporate-Owned Clubs: $143.9M; +3.5% YoY ๐Ÿ”น Equipment: $85.6M; +4.1% YoY Other Q2 Metrics: ๐Ÿ”น Same Club Sales: 1.7% ๐Ÿ”น System-Wide Sales: $1.4B ๐Ÿ”น Total Clubs: 2,930 Capital Return: ๐Ÿ”น Buybacks: ~$200M; 4.0M shares Comments: ๐Ÿ”ธ โ€œAt the same time, we initiated and expanded tests around pricing, member experience, and retention, and look forward to applying the learnings to enhance our future performance.โ€ ๐Ÿ”ธ โ€œWe concluded the second quarter with the appointment of Sudhanshu Priyadarshi as Chief Financial Officer & President, International.โ€
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