Exhibit 99.1
Planet Fitness, Inc. Announces First Quarter 2019 Results
System-Wide Same Store Sales Increased 10.2%
65 New Planet Fitness Stores Opened

Hampton, NH, May 2, 2019 - Today, Planet Fitness, Inc. (NYSE:PLNT) reported financial results for its
first quarter ended March 31, 2019.
First Quarter Fiscal 2019 Highlights
Total revenue increased from the prior year period by 22.7% to $148.8 million.
System-wide same store sales increased 10.2%.
Net income attributable to Planet Fitness, Inc. was $27.4 million, or $0.32 per diluted share, compared to net income attributable to Planet Fitness, Inc. of $19.9 million, or $0.23 per diluted share in the prior year period.
Net income increased 34.7% to $31.6 million, compared to net income of $23.5 million in the prior year period.
Adjusted net income(1) increased 24.9% to $32.7 million, or $0.35 per diluted share, compared to $26.2 million, or $0.27 per diluted share in the prior year period.
Adjusted EBITDA(1) increased 29.9% to $63.4 million from $48.8 million in the prior year period.
65 new Planet Fitness stores were opened during the period, bringing system-wide total stores to 1,806 as of March 31, 2019.
(1) Adjusted net income and Adjusted EBITDA are non-GAAP measures. For reconciliations of Adjusted EBITDA and Adjusted net income to U.S. GAAP (“GAAP”) net income see “Non-GAAP Financial Measures” accompanying this press release.
“Fiscal year 2019 is off to a great start.  Our strong first quarter results, which included 10.2% system-wide same store sales growth and 65 new store openings, show why Planet Fitness is a leader in the fitness industry,” stated Chris Rondeau, Chief Executive Officer. “We once again demonstrated the attractiveness of our high value, low cost welcoming fitness concept and the power of our business model with our diversified revenue streams and strong free cash flow. As we move forward, we believe we can continue to deliver significant growth and increased shareholder value through robust unit expansion, increased national and local advertising spending, and membership enhancement initiatives. The future for Planet Fitness looks extremely bright and I am confident that with our great group of experienced franchisees, the Company is well positioned to capitalize on the many opportunities that lie ahead.”
Operating Results for the First Quarter Ended March 31, 2019
For the first quarter 2019, total revenue increased $27.5 million or 22.7% to $148.8 million from $121.3 million in the prior year period. By segment:
Franchise segment revenue increased $11.2 million or 20.4% to $65.8 million from $54.6 million in the prior year period, driven primarily by higher royalty revenue which increased as a result of new stores opened since December 31, 2017, a 10.3% increase in same store sales, and a higher average royalty rate;
Corporate-owned stores segment revenue increased $5.3 million or 16.3% to $38.0 million from $32.7 million in the prior year period, $2.4 million of which is from new corporate-owned stores opened or acquired since January 1, 2018, and another $2.0 million of which is from same store sales growth; and
Equipment segment revenue increased $11.0 million or 32.3% to $45.0 million from $34.0 million in the prior year period, driven by an increase in equipment sales to new stores and an increase in replacement equipment sales to existing franchisee-owned stores.
System-wide same store sales increased 10.2%. By segment, franchisee-owned same store sales increased 10.3% and corporate-owned same store sales increased 8.0%.



The following information was filed by Planet Fitness, Inc. (PLNT) on Thursday, May 2, 2019 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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