Planet Fitness, Inc. Announces Fourth Quarter and Fiscal Year 2016 Results
Planet Fitness, Inc. (NYSE: PLNT) today reported financial results for its fourth quarter and fiscal year ended December 31, 2016 and announces full year 2017 outlook.
Fourth Quarter Fiscal 2016 Highlights
Total revenue increased from the prior year period by 10.0% to $116.4 million.System-wide same store sales increased 10.6%.Net income was $21.9 million, or $0.18 per diluted share, compared to net income of $17.2 million, or $0.06 per diluted share in the prior year period.Adjust...