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 William Blair Growth Stock Conference (Virtual) Transcript

Jun 01, 2021 / 03:40PM GMT
Release Date Price: €63.92 (+0.88%)
Sharon Zackfia
William Blair & Company L.L.C., Research Division - Partner & Group Head of Consumer

Hi. So I'm Sharon Zackfia with William Blair & Company. I'm really happy to have with us today the team from Planet Fitness. I do need to remind everyone that there's a full list of research conflicts and potential disclosures on williamblair.com. And also, we are doing this interactively. So as you have questions, please feel free to put them in the chat, and I will ask them as the 30 minutes goes on.

Questions & Answers

Sharon Zackfia;Christopher J. Rondeau
William Blair & Company L.L.C., Research Division - Partner & Group Head of Consumer;

So I guess to start out, I mean, it's obvious that membership is the lifeblood of Planet Fitness, and it was great to see that sequential growth that you had during the first quarter. Can you talk about the rate of membership recovery you've seen and the differences, maybe based on parameters such as geography or the amount of time the clubs have been reopened?

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