PLNT Planet Fitness Inc

Planet Fitness, Inc. (NYSE: PLNT) has announced its participation in the upcoming ICR Conference 2026. Management's fireside chat presentation is scheduled for January 13, 2026, at 10:30 a.m. Eastern Time, and a live webcast will be available on the company's investor relations website. As of September 30, 2025, Planet Fitness had approximately 20.7 million members across 2,795 clubs globally.

Planet Fitness recently completed a $750 million refinancing, issuing new secured notes to retire existing debt and support corporate needs. This move, combined with strong Q3 results and a raised 2025 outlook, strengthens the company's financial flexibility, particularly for expanding clubs and enhancing formats. The core investment narrative for Planet Fitness (NYSE: PLNT) continues to revolve around membership growth and franchise economics, despite ongoing churn risks from online cancellation options.

Planet Fitness, Inc. (NYSE: PLNT) announced the completion of a refinancing transaction involving $750 million in Class A-2 Senior Secured Notes, comprising two tranches with fixed interest rates of 5.274% and 5.649%, respectively, and a revolving financing facility for variable funding notes. The proceeds will be used to repay existing debt, cover transaction costs, and for general corporate purposes, including share repurchases. Headquartered in Hampton, N.H., Planet Fitness operates nearly 2,800 clubs globally with approximately 20.7 million members.

Planet Fitness, Inc. (NYSE: PLNT) has initiated a $350 million accelerated share repurchase agreement with Citibank, N.A., an integral part of its existing $500 million share repurchase authorization. Concurrently, the company's Board of Directors has approved a new $500 million share repurchase program set to commence upon the completion of the current ASR Agreement. This strategic move aims to return value to shareholders while maintaining flexibility based on market and business conditions.

Planet Fitness (NYSE: PLNT) has initiated a $350 million accelerated share repurchase (ASR) agreement with Citibank, utilizing its existing $500 million 2024 repurchase authorization. The company will initially receive approximately 2.5 million Class A shares, and a new $500 million 2025 repurchase program has been authorized to become effective upon the completion of the ASR. As of September 30, 2025, Planet Fitness reported 20.7 million members and 2,795 clubs globally.

Planet Fitness announced the pricing of $750 million in Series 2025-1 Class A-2 Fixed Rate Senior Secured Notes, maturing in five and seven years. The proceeds will be used to repay existing debt, cover transaction costs, and for general corporate purposes, including potential share repurchases, with the transaction expected to close by December 15, 2025. Spark, TipRanks’ AI Analyst, rates PLNT as Neutral, citing strong earnings and growth initiatives balanced against financial risks from high leverage and overvaluation concerns.