Planet Fitness, Inc. Announces Third Quarter 2026 Results
Planet Fitness, Inc. reported a 1.5% increase in system-wide same club sales for the third quarter of 2026 and announced a new $500 million share repurchase authorization.
Planet Fitness, Inc. reported a 1.5% increase in system-wide same club sales for the third quarter of 2026. The company also repurchased and retired $50 million of Class A common stock.
Total revenue increased by $29.6 million, or 9.0%, to $360.0 million from the prior year period. Planet Fitness announced a new $500 million share repurchase authorization and a strategic review of domestic corporate-owned clubs.
Planet Fitness acquired Be-Fit, a Portuguese fitness platform with 25 clubs and approximately 80,000 members, for approximately €102.5 million. The company expects the acquisition to be accretive to earnings in 2027 and advance its international growth strategy.
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