Planet Fitness Inc (NYSE:PLNT) reported a 1.4% year-over-year sales growth for Q4 fiscal 2023, with revenues of $285.1 million slightly beating consensus estimates. The company saw increases in system-wide same-store sales, franchise segment revenue, and corporate-owned store revenue, while equipment revenue declined. Operating costs decreased, and both operating income and adjusted EBITDA rose. Planet Fitness opened 77 new stores, ending the year with 2,575 stores. The company provided a positive outlook for 2024, expecting revenue, adjusted EBITDA, and adjusted EPS growth. CFO Tom Fitzgerald announced his retirement, and Christopher Rondeau resigned from the board due to disagreements. PLNT shares dropped 2.89% to $63.96.