Life Time Group Holdings

Life Time Group Holdings, Inc. operates as a holding company through its subsidiaries operates professional fitness, family recreation and spa centers. It is primarily engaged in designing, building, and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centers in a resort-like environment, principally in residential locations of major metropolitan areas in the United States and Canada. The company was founded by Bahram Akradi in 1992 and is headquartered in Chanhassen, MN.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

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Earnings data Q3 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Life Time Group Holdings posts stellar Q4 results and eyes growth opportunities

Life Time Group Holdings (LTH) delivered a strong performance in Q4 2022, marked by revenue growth, improved profitability, and positive membership trends.
The company's strategic initiatives, focus on margin expansion, and debt reduction underscore its commitment to sustainable growth and financial health.
While facing challenges such as rent expenses and regional revenue recovery, LTH is well-positioned to capitalize on opportunities for further growth and operational optimization.

Life Time Group Holdings excels in Q1 2023 earnings call

Life Time Group Holdings delivered a robust performance in Q1 2023, marked by substantial revenue growth, improved profitability, and operational efficiency.
The company's strengths lie in its expanding membership base, focus on new club openings, diversified revenue streams, and margin enhancement strategies.
Challenges include sustaining revenue growth, optimizing operational performance, and managing expenses effectively to drive long-term success.
Opportunities for Life Time include capital-light growth initiatives, customer engagement enhancements, revenue synergies, and operational optimizations for future growth.

Life Time Group Holdings reports robust Q2 performance and growth outlook

Life Time Group Holdings (LTH) delivered strong financial results in Q2 2023, showcasing growth and profitability improvements.
The company's focus on customer experience, membership growth, and operational efficiency positions it well for future success.
Challenges such as new club openings and macroeconomic factors are being addressed strategically to drive long-term value creation.
With opportunities to optimize performance and capitalize on brand loyalty, Life Time is poised for continued growth and success.

Life Time Group Holdings reports stellar Q3 results and eyes growth opportunities

Life Time Group Holdings delivered robust financial results, showcasing growth in revenue, EBITDA, and memberships, alongside improved net income and debt reduction.
Strategic initiatives to drive revenue growth, manage costs, and enhance customer experience position the company for sustained success and operational efficiency.
While facing challenges in revenue expansion delays and cost management, the company's focus on financial stability, growth opportunities, and customer-centric strategies bode well for future performance.

Life Time Group Holdings reports robust Q4 earnings and growth plans

Life Time Group Holdings (LTH) delivered strong financial results in Q4 2023 and aims for continued growth in 2024 through strategic initiatives and revenue diversification.
The company's focus on customer service, digital engagement, and new club developments positions it well for future expansion and profitability.
Challenges in managing CapEx, attrition rates, and investment returns require ongoing attention, but opportunities in new projects and revenue streams offer avenues for sustained growth.
Overall, Life Time's performance reflects a balanced approach to growth, customer engagement, and financial sustainability in a competitive market landscape.

Life Time Group Holdings (LTH) excels in Q1 2024, eyes asset optimization and growth opportunities

Life Time Group Holdings (LTH) delivered strong financial results in Q1 2024, driven by membership growth and operational efficiency.
The company's focus on cash flow, debt reduction, and asset optimization positions it well for future growth and financial stability.
Challenges in tax management and CapEx planning require careful navigation, but opportunities in asset monetization and program expansion are promising.
Investor and Analyst Day provides a platform to showcase achievements, strategies, and attract investor interest in the company's growth potential.

Life Time Group Holdings excels in Q2, eyes growth and innovation

Life Time Group Holdings delivered robust financial results in Q2 2024, with revenue and membership growth, improved profitability, and enhanced financial leverage.
The company's strategic initiatives, focus on innovation, and commitment to customer satisfaction underscore its resilience and potential for sustained success.
While facing industry challenges and operational complexities, Life Time Group Holdings is well-positioned to capitalize on growth opportunities and drive value for stakeholders.
By balancing growth objectives with financial discipline and technology investments, the company aims to maintain its competitive edge and drive long-term shareholder value.

Life Time Group Holdings reports robust Q3 earnings and growth outlook

Life Time Group Holdings delivered a strong Q3 performance with revenue up 18% to $693 million and adjusted EBITDA of $180.3 million.
Management highlighted strong retention rates, pricing power, and strategic growth opportunities as key strengths driving future performance.
Challenges include balancing margin expansion with brand elevation and addressing analyst concerns on debt ratios and growth strategies.
Opportunities lie in strategic growth initiatives, demand for Dynamic Personal Training, and improved financial stability for future investments.

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Life Time takes on fast food frenzy with free consumer app to support healthy living CHANHASSEN, Minn. , Dec. 18, 2024 /PRNewswire/ -- Countering the latest fast-food frenzy of free giveaways during the holiday season Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand with more than 175 athletic clubs across the U.S. and Canada, is giving away its app and a treasure trove of healthy living programs and content for free.

Free burgers through Christmas? How about Free Health Year-Round?

Life Time's Experience Life offers easy-to-implement solutions for evening workouts CHANHASSEN, Minn. , Dec. 17, 2024 /PRNewswire/ -- Exercise and rest go hand-in-hand, but those who exercise in the evenings may struggle to quiet their bodies and minds and prepare for sleep.

Six Tips for Winding Down to Support Rest and Recovery

Set in Atlanta's "City Forest in the Trees," new destination features an outdoor oasis with beach club and pool, twelve racquet courts and exquisite indoor wellness spaces  ATLANTA , Dec. 16, 2024 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, is expanding its national footprint, this time in Atlanta with the opening of its newest location, Life Time North Druid Hills, on Monday, Dec. 16. The new location marks the eighth Life Time location in Atlanta and the first in DeKalb County.

Life Time Expands Atlanta Presence with Opening of Life Time North Druid Hills December 16

Stunning renovation includes 20,800-square-foot expansion, dedicated spaces for exclusive programs and host of new wellness experiences SAINT PAUL, Minn. , Dec. 6, 2024 /PRNewswire/ -- As one of the earliest clubs in its portfolio and ahead of its 30th anniversary, Life Time Highland Park is set to unveil a multi-million dollar transformation and 20,800-square-foot expansion on Dec. 7.

Life Time to Unveil Multi-Million Dollar Transformation of Highland Park Athletic Club December 7

Newly enhanced, complimentary digital resource uniquely helps schools remove unwanted ingredients in favor of healthier alternatives CHANHASSEN, Minn. , Dec. 2, 2024 /PRNewswire/ -- In support of improved youth nutrition, the Life Time Foundation, the 501(c)(3) non-profit of Life Time (NYSE: LTH)  has announced enhancements to Green Onion.

Life Time Foundation Furthering Support for Improved Student Meals with Green Onion

Life Time Group Holdings is a prime "growth at a reasonable price candidate" offering ~15% revenue/EBITDA growth at an ~8x forward adjusted EBITDA multiple. Life Time is transitioning to a capital-light model, focusing on leased or co-developed clubs to facilitate broader U.S. expansion. The company is currently growing revenue at a ~20% y/y pace, with significant expansion opportunity within its base of current clubs through more premium memberships and market pricing.

Life Time Group Holdings: Great Performance, Great Price

Available to everyone on Life Time Digital, classes add to Life Time's expansive library CHANHASSEN, Minn. , Nov. 21, 2024 /PRNewswire/ -- Expanding on its commitment to make health and wellness accessible to everyone, Life Time (NYSE: LTH) is launching 100 new on-demand classes and even more meditations via its complimentary app (available in Apple and Google stores).

Life Time Grows Digital Footprint with the Launch 100 New On-Demand Fitness Classes and New Meditations on its Complimentary App

Represents the second Life Time in Boca Raton and sixth in Florida BOCA RATON, Fla. , Nov. 19, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) is expanding in South Florida with a planned second athletic country club in Boca Raton.

Life Time Announces Expansion in South Florida with New Athletic Country Club in West Boca Raton, Opening Late 2025

Open to anyone via the Life Time App at Noon CT CHANHASSEN, Minn. , Nov. 12, 2024 /PRNewswire/ -- Life Time (NYSE: LTH), which continues to innovate in the performance and longevity space through its MIORA program, is hosting a complimentary livestream about men's hormonal health and balance on Nov. 13 at Noon CT.

Unlocking Hormone Health: Life Time to Host Complimentary Men's Hormone Health Livestream Nov. 13

With decades of expertise, Life Time's LTH product development, formulation and production process ensures healthy ingredient profile, efficacy, safety and rigorous third-party testing CHANHASSEN, Minn. , Nov. 4, 2024 /PRNewswire/ -- According to a new survey* commissioned by Life Time (NYSE: LTH), 71% of adults are overwhelmed by the variety of supplement choices or confused by information on the labels.

Life Time Unveils LTH - New and Expanded Supplement and Wellness Product Line - to Meet Consumers' Surging Demand for Proactive Health

Life Time Group Holdings, Inc. (NYSE:LTH ) Q3 2024 Results Conference Call October 24, 2024 10:00 AM ET Company Participants Ken Cooper - Investor Relations Bahram Akradi - Founder, Chairman and CEO Erik Weaver - SVP, Interim CFO and CAO Conference Call Participants Brian Nagel - Oppenheimer John Heinbockel - Guggenheim Securities Megan Alexander - Morgan Stanley Chris Woronka - Deutsche Bank Michael Hirsch - Wells Fargo Alex Perry - Bank of America Alex Fuhrman - Craig-Hallum Owen Rickert - Rockland Capital Markets Logan Reich - RBC Capital Markets Operator Greetings, and welcome to the Life Time Group Holdings, Inc. Q3 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Life Time Group Holdings, Inc. (LTH) Q3 2024 Earnings Call Transcript

Life Time Group Holdings (LTH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

What Makes Life Time Group Holdings (LTH) a New Strong Buy Stock

Life Time Group Holdings, Inc. (LTH) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.13 per share a year ago.

Life Time Group Holdings, Inc. (LTH) Tops Q3 Earnings and Revenue Estimates

Total revenue of $693.2 million, an increase of 18.5% over the prior year quarter Net income of $41.4 million, an increase of 422.5% over the prior year quarter Adjusted net income of $56.3 million, an increase of 110.9% over the prior year quarter Adjusted EBITDA of $180.3 million, an increase of 26.1% over the prior year quarter Diluted EPS increased to $0.19 from $0.04 in the prior year quarter Reduced net debt leverage ratio to 2.4 times Delivered positive net cash provided by operating activities and free cash flow before sale-leaseback transactions CHANHASSEN, Minn. , Oct. 24, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced its financial results for the fiscal third quarter ended September 30, 2024.

Life Time Reports Third Quarter 2024 Financial Results

CHANHASSEN, Minn. , Oct. 23, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or the "Company") announced today that its indirect subsidiary, Life Time, Inc. (the "Issuer"), priced its previously announced private offering (the "Offering") of $500 million in aggregate principal amount of 6.000% senior secured notes due 2031 (the "Notes").

Life Time Announces Pricing of Upsized Private Offering of $500 Million of Senior Secured Notes Due 2031

PACS Group, Inc.

Investors with an interest in Medical Services stocks have likely encountered both Life Time Group Holdings, Inc. (LTH) and PACS Group, Inc. (PACS). But which of these two companies is the best option for those looking for undervalued stocks?

LTH vs. PACS: Which Stock Is the Better Value Option?

2025 Grand Prix prize purse and scoring system unveiled for new best-five-of-six format CHANHASSEN, Minn. , Oct. 17, 2024 /PRNewswire/ -- Following last week's 2025 race lineup announcement, Life Time, (NYSE: LTH), the nation's premier healthy lifestyle brand and athletic event producer, has unveiled a record prize purse encompassing the Life Time Grand Prix plus three new total awards for individual races.

Life Time Announces Prize Purses For The 2025 Editions Of UNBOUND Gravel 200, Leadville Trail 100 MTB and Big Sugar Gravel

CHANHASSEN, Minn. , Oct. 17, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the renewal of its long-standing alliance with the National Academy of Sports Medicine (NASM), continuing its commitment to professional development opportunities for its dynamic personal trainers, stretch specialists and group fitness instructors.

Life Time Expands Relationship with National Academy of Sports Medicine to Support Rapid Growth in Personal Training and Group Coaching

Planet Fitness

Peloton

Xponential Fitness

The pandemic sent the personal fitness market on a roller coaster ride.

Buy, Sell or Hold: Planet Fitness, Peloton, Xponential Fitness, or Life Time

Total revenue estimated to be $693.2 million, an increase of 18.5% over the prior year quarter Net income estimated to be $41.4 million, an increase of 422.5% over the prior year quarter Adjusted net income estimated to be $56.3 million, an increase of 110.9% over the prior year quarter Adjusted EBITDA estimated to be $180.3 million, an increase of 26.1% over the prior year quarter Reduced net debt leverage ratio to an estimated 2.4 times Expected to deliver second consecutive quarter of positive free cash flow before sale-leaseback transactions CHANHASSEN, Minn. , Oct. 15, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today announced its preliminary estimated financial results for the fiscal third quarter ended September 30, 2024 in connection with its launch of a process to refinance its 5.750% Senior Secured Notes due 2026 and 8.000% Senior Notes due 2026.

Life Time Reports Preliminary Estimated Third Quarter 2024 Financial Results; Launches Process to Refinance its Existing Notes

CHANHASSEN, Minn. , Oct. 10, 2024 /PRNewswire/ -- As pickleball continues its meteoric rise as the fastest-growing sport in America, Life Time (NYSE: LTH) is marking World Pickleball Day on October 10 by surpassing more than 750 permanent courts built at its athletic country clubs across North America, with hundreds more planned and under development.

Life Time Celebrates World Pickleball Day on October 10th Surpassing 750 Pickleball Courts and Continued Explosive Growth

New event lineup unveiled for the fourth edition of the Life Time Grand Prix; Application window to open on October 14 CHANHASSEN, Minn. , Oct. 9, 2024 /PRNewswire/ -- Life Time, (NYSE: LTH), the nation's premier healthy lifestyle brand and athletic event producer, has announced the structure for the 2025 Life Time Grand Prix.

Life Time Announces 2025 Grand Prix Series Details

Club doubles in size with addition of 11 courts, spacious pickleball lounge and dedicated small group training space, growing to nearly 90,000 square feet ANNAPOLIS, Md. , Oct. 9, 2024 /PRNewswire/ -- Following the successful opening of Life Time Annapolis in November 2022 and the continued demand for pickleball and small group training, Life Time (NYSE: LTH), the nation's premier healthy way of life company, today unveiled an expansion at Annapolis Town Center.

No Sleeping Here - Life Time Unveils 46,000-Square-Foot Pickleball Expansion in Former Bed, Bath and Beyond at Life Time Annapolis on Oct. 9

Latest issue of Experience Life magazine offers 100 big and small ideas to be active together CHANHASSEN, Minn. , Oct. 3, 2024  /PRNewswire/ -- With families adjusting to the busyness of fall and back-to-school routines, finding time to stay active and maintain connection is more important than ever.

Keep Moving Together: Eight Ways for Families to Stay Active and Connected

CHANHASSEN, Minn. , Oct. 2, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its financial results for third quarter 2024 will be released before market open on Thursday, October 24, 2024.

News for Life Time Group Holdings Stock (LTH)