Planet Fitness Inc (STU:3PL)
€ 58 0 (0%) Market Cap: 5.14 Bil Enterprise Value: 6.97 Bil PE Ratio: 36.43 PB Ratio: 0 GF Score: 89/100
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Planet Fitness Inc at Raymond James North American Equities Conference (Virtual) Transcript

Sep 15, 2020 / 02:30PM GMT
Release Date Price: €48.78 (+2.78%)
Joseph Nicholas Altobello
Raymond James & Associates, Inc., Research Division - MD & Senior Analyst

Looks like we're all set and ready to go. So I guess we'll kick it off now. Hello, everyone, and thank you for joining us. My name is Joe Altobello, equity research analyst here at Raymond James, covering the household, personal care and leisures industries. We are very pleased to have with us today the senior management team from Planet Fitness, including CEO, Chris Rondeau; President, Dorvin Lively; and CFO, Tom Fitzgerald.

Planet is the leading franchisor and operator of fitness centers in the U.S. with over 2,000 locations globally. The company had been growing rapidly before being forced to close all of the stores back in March due to the COVID-19 pandemic. Stores started to reopen in May with some fits and starts, with a plan to track its business model of offering a judgment free workout zone for as little as $10 per month is still very much intact. In terms of the format, this will be a virtual fireside chat. I will act as moderator. I've got a rather lengthy list of questions here

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