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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.
Revenue by Segment
Forward Guidance
Due to uncertainty surrounding the COVID-19 pandemic, the Company is not providing 2021 full year outlook at this time.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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