Earnings release
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planet fitness NEWS RELEASE Planet Fitness , Inc. Announces Second Quarter 2021 Results 8/9/2021 Adds 700,000 net new members since end of first quarter , marking six consecutive months of net member growth Ends second quarter with total membership of more than 14.8 million and over 98 % of stores open globally HAMPTON , N.H. , Aug. 9 , 2021 / PRNewswire / -- Today , Planet Fitness , Inc. ( NYSE : PLNT ) reported financial results for its second quarter ended June 30 , 2021 . " Our membership momentum continues to defy our historical seasonal patterns , and , as of the end of July we had more than 15 million members . It's a testament to the strength of our brand that more than 13 million people remained members of Planet Fitness in the depths of the global pandemic when most of our gyms were temporarily closed . And today , with nearly all of our stores reopened , existing members are re - engaging with us , and net membership is continuing to climb as people realize the importance of fitness to their overall wellness , " said Chris Rondeau , Chief Executive Officer . " There is a dislocation in the fitness industry with approximately 22 percent of U.S. gyms permanently closed due to the impact from COVID - 19 through the end of the second quarter , while , at the same time , more Americans are realizing that fitness is essential to physical , mental , and emotional well - being . We believe Planet Fitness is the place that fills that gap with our affordable , non - intimidating workout environment , and , as a result , we are confident in achieving and possibly exceeding our long - term target of 4,000 locations in the U.S. " Second Quarter Fiscal 2021 results • Total revenue increased from the prior year period by 241.1 % to $ 137.3 million . • Net income attributable to Planet Fitness , Inc. was $ 14.0 million , or $ 0.17 per diluted share , compared to a loss of $ 29.2 million , or $ 0.36 per diluted share in the prior year period . 1