Planet Fitness, Inc. (NYSE:PLNT) seeks acquisitions. "As we've said before, we'll pursue franchise store acquisitions when it makes economic and geographic sense for Planet Fitness, Inc. The acquisition of the 6 franchised stores on eastern Long Island is a great strategic fit as the western half of the market is currently comprised of company owned stores. We are committed to our asset-light business model and we continue to explore options for returning a portion of our cash to shareholders," said Chris Rondeau, Planet Fitness Chief Executive Officer.