Planet Fitness, Inc. (PLNT) CEO Chris Rondeau on Q1 2020 Results - Earnings Call Transcript

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Q1: 2020-05-05 Earnings Summary

EPS of $0.16 misses by $0.17
 | Revenue of $127.23M (-14.51% Y/Y) misses by $25.28M

Planet Fitness, Inc. (NYSE:PLNT) Q1 2020 Earnings Conference Call May 5, 2020 4:30 PM ET

Company Participants

Brendon Frey - Investor Relations, ICR
Chris Rondeau - Chief Executive Officer
Dorvin Lively - President
Tom Fitzgerald - Chief Financial Officer

Conference Call Participants

Randy Konik - Jefferies
John Heinbockel - Guggenheim
Joe Altobello - Raymond James
Peter Keith - Piper Sandler
Oliver Chen - Cowen
Jonathan Komp - Baird
Sharon Zackfia - William Blair
John Ivankoe - JPMorgan
Simeon Siegel - BMO Capital Markets
Alex Maroccia - Berenberg
Rafe Jadrosich - Bank of America
Paul Golding - Macquarie
Linda Bolton-Weiser - D.A. Davidson

Operator

Good afternoon. My name is Jason, and I will be your conference operator today. At this time, I would like to welcome everyone to the Planet Fitness First Quarter 2020 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there’ll be a question-and-answer session. [Operator Instructions

I would now like to turn the call over to your speaker today Brendon Frey. Thank you. Please go ahead, sir.

Brendon Frey

Thank you for joining us today to discuss Planet Fitness's first quarter 2020 earnings results. On today’s call are Chris Rondeau, Chief Executive Officer; Dorvin Lively, President; and Tom Fitzgerald, Chief Financial Officer. Following the prepared remarks, we will open the call up for questions.

I would like to remind you that certain statements we will make in this presentation are forward-looking statements. These forward-looking statements reflect Planet Fitness's judgment and analysis only as of today, and actual results may differ materially from current expectations based on a number of factors affecting Planet Fitness's business.

Accordingly, you should not place undue reliance on these forward-looking statements. For a more thorough discussion of the risks and uncertainties associated with the forward-looking statements

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