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 ICR Conference Transcript

Jan 09, 2024 / 06:00PM GMT
Release Date Price: €66.5 (-2.21%)
Sharon Zackfia
William Blair & Company L.L.C., Research Division - Partner & Group Head of Consumer

Hi, and good afternoon. I'm Sharon Zackfia of William Blair. I want to thank, everyone, for joining us. Really happy to have with us from Planet Fitness today, Craig Benson, Interim CEO and franchisee; and Tom Fitzgerald, CFO.

Questions & Answers

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

I think I want to start actually by talking about the fundamentals of the business and then maybe delve into the development landscape. So you obviously announced record memberships year-end. Can you talk about what you're seeing and actually the appeal of the concept, where new members are coming from? And how the underlying health of the business is at this point.

Thomas J. Fitzgerald
Planet Fitness, Inc. - CFO

Yes. Sure. Thanks, Sharon, and hey, everybody. So I think we reported 18.7 million members by the -- at the end of the year, added 1.7

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