Marni Lysaght's questions to Planet Fitness Inc (PLNT) leadership • Q2 2025
Question
Marni Lysaght asked about the cause of the elevated accounts receivable balance and whether equipment inflation was a factor. She also inquired about the current appetite among franchisee groups for M&A deals, referencing the recent California transaction.
Answer
CFO Jay Stasz attributed the accounts receivable balance to standard timing differences and confirmed nothing was unusual. CEO Colleen Keating affirmed that franchisee appetite for acquisitions remains strong, highlighting that the sale of the California clubs attracted multiple bids, primarily from incumbent franchisees.