Earnings release
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planet fitness NEWS RELEASE Planet Fitness , Inc. Announces First Quarter 2021 Results 5/6/2021 Adds 600,000 net new members since end of fiscal 2020 marking its third consecutive month of net member growth Ends first quarter with total membership of 14.1 million Nearly 100 % of stores open during first quarter HAMPTON , N.H. , May 6 , 2021 / PRNewswire / -- Today , Planet Fitness , Inc. ( NYSE : PLNT ) reported financial results for its first quarter ended March 31 , 2021 . " We are very encouraged by the clear and steady improvement in overall sentiment we witnessed in America during the first quarter and the corresponding impact it had on our business . We're pleased to announce that we experienced sequential net member growth in each month of the quarter , ending March with 14.1 million members , " said Chris Rondeau , Chief Executive Officer . " We believe that the positive headline news on COVID - 19 vaccine availability drove a seasonality shift in our membership trends as March membership growth exceeded March 2019 , reinforcing our belief that people are eager to get back into our gyms . While we anticipate the operating environment to remain volatile in the near term , the membership and usage trends that we are experiencing , along with the strengthened partnership that we announced today with iFIT Health & Fitness Inc. , a leading global health and fitness technology company , enhance my optimism for our long - term growth . As we look to the future , we believe our purpose of enhancing people's lives and creating a healthier world sets us , and our franchisees , up for long - term success . " 1