Recent Updates — PLNT
Planet Fitness reported second quarter 2026 financial results with total revenue increasing 7.1% to $365.2 million and net income attributable to the company rising to $67.1 million, or $0.87 per diluted share. System-wide same club sales grew 1.7%, while the company repurchased approximately 4.0 million shares of Class A common stock for $200.0 million during the quarter. Planet Fitness appointed Sudhanshu Priyadarshi as Chief Financial Officer and President, International, following the departure of the former CFO. The company reiterated its full-year 2026 outlook, projecting system-wide same club sales growth of approximately 1% and revenue to increase by roughly 7%. Planet Fitness operates in the fitness industry as a franchisor and operator of low-cost health clubs.
Planet Fitness, Inc. announced the appointment of Sudhanshu Priyadarshi as Chief Financial Officer and President, International, effective June 25, 2026. Mr. Priyadarshi will receive an annual base salary of $900,000, a target cash bonus of 115% of base salary, and target equity awards with a combined target grant date fair value of $7,000,000. Tom Fitzgerald, who has been serving as Interim CFO, most likely will transition to an advisory capacity through mid-September. Planet Fitness, Inc. operates in the fitness and wellness industry, providing franchise-based gym memberships.