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

Planet Fitness Inc at ICR Virtual Conference Transcript

Jan 11, 2021 / 04:30PM GMT
Release Date Price: €65.16 (+1.84%)
Jonathan Robert Komp
Robert W. Baird & Co. Incorporated, Research Division - Senior Research Analyst

Welcome, everyone. I'm Jon Komp, the senior analyst covering the active lifestyle sector at Baird, including the fitness category. I'm very pleased with the opportunity to lead the discussion here with Planet Fitness.

Planet Fitness, as you may know, is the largest and most successful gym chain, really a pioneer of the high-value, low-cost segment of the industry. And that's allowed them to grow to more than 2,100 units, and it's mostly franchise system today.

So joining us, we have CEO, Chris Rondeau, who's been really building the business from the start back in the early '90s; President, Dorvin Lively, who joined the company in 2013 and really is charged with keeping the business running today; and then Tom Fitzgerald, who joined just over a year ago, brings a ton of experience to the CFO role. So a great team to be with me here today.

And just quickly on the format, we have just under an hour, so we'll end a little before 12:30 Eastern time. I'm going to hand it to

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