Key Year-End Metrics Announced by Planet Fitness

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As of December 31, 2022, Planet Fitness, Inc. (NYSE: PLNT), one of the biggest and fastest-growing franchisors and operators of fitness centres with the most customers of any fitness brand, reported having about 17.0 million customers, an increase of 1.8 million customers since the end of 2021. Additionally, it established 158 new Planet Fitness sites, including 14 corporate-owned ones, and installed equipment in 154 new franchised locations in 2022, bringing the system’s total number of outlets to 2,410.

“We kept expanding the Planet Fitness brand and footprint, which led to the highest fourth quarter membership increase ever and excellent momentum going into 2023. We are overjoyed to have welcomed so many new members to Planet Fitness, exceeding our expectations for member growth for the year, which we believe reinforces consumers’ commitment to health and wellness and that the top-notch, reasonably priced fitness experience Planet Fitness provides continues to resonate.” Chris Rondeau, the CEO of Planet Fitness, stated.

Source: Prnewswire

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