Planet Fitness Inc at Jefferies Consumer Conference Transcript
All right. So I hope everybody had a great morning, a great lunch. Welcome to the Jefferies Consumer Conference. Once again, I'm Randy Konik. I'm the consumer lifestyle and growth platforms analyst, formerly retail analyst, for Jefferies.
But this is our 10th year at the conference, and we've had some really exciting companies over those years. And probably for me personally, this is probably the most exciting company I've had the pleasure of working on for the firm. So we took Planet Fitness public at Jefferies. And really excited to have Chris Rondeau, the CEO; and Dorvin Lively, the CFO, with us.
So one thing I would just ask, and I was -- we were just talking about this. Personally, what was interesting when we took the company public, it was -- no one wanted to look at the stock. And they were like, "It's a gym company." I go, "No, it's a -- look at the business model." And it took years to get that to kind of come off the ground and we actually downgraded the stock at 35 after 100% move and really missed some of
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