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Dec 31, 2020
Planet Fitness Q4 2020 Earnings Report
Planet Fitness experienced a decline in revenue and profitability due to the impact of COVID-19.
Key Takeaways
Planet Fitness reported a decrease in total revenue by 30.1% to $133.8 million, system-wide same store sales decreased 10.6%. Net income attributable to Planet Fitness, Inc. was $8.7 million, or $0.11 per diluted share. The company opened 41 new Planet Fitness stores during the period, bringing the total to 2,124 stores as of December 31, 2020.
Total revenue decreased by 30.1% to $133.8 million.
System-wide same store sales decreased 10.6%.
Net income attributable to Planet Fitness, Inc. was $8.7 million, or $0.11 per diluted share.
Opened 41 new Planet Fitness stores, bringing the total to 2,124 stores.
Planet Fitness
Planet Fitness
Planet Fitness Revenue by Segment
Revenue by Segment
Franchise Segment Revenue
CapyFin.comCorporate-owned Clubs Segment Revenue
CapyFin.comEquipment Segment Revenue
CapyFin.com Forward Guidance
Due to uncertainty surrounding the COVID-19 pandemic, the Company is not providing 2021 full year outlook at this time.