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 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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Total revenue of $667.8 million increased 18.9% over the prior year quarter Net income of $52.8 million increased by $35.8 million over the prior year quarter Adjusted EBITDA of $173.5 million increased by 27.6% over the prior year quarter Diluted EPS increased to $0.26 Achieved positive free cash flow Reduced net debt leverage ratio to 3.0 times CHANHASSEN, Minn. , Aug. 1, 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 second quarter ended June 30, 2024.

Life Time Reports Second Quarter 2024 Financial Results

More than 186,000 square feet covers indoor athletic club and outdoor space with 20 pickleball and tennis courts, beach club with lap and kids splash pools, cold plunge, basketball and more TAMPA, Fla. , July 9, 2024 /PRNewswire/ -- With a wait list topping 10,000, Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, announces the highly anticipated opening of its newest Florida destination, Life Time Harbour Island, located at 900 South Harbour Island Blvd.

Life Time Reveals Transformed Harbour Island Athletic Club in Tampa on July 9

CHANHASSEN, Minn. , July 2, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its financial results for second quarter 2024 will be released before market open on Thursday, August 1, 2024.

Life Time to Report Second Quarter 2024 Financial Results August 1

CHANHASSEN, Minn., July 1, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announced that on Friday, June 28, 2024, it closed on a sale-leaseback transaction for two properties totaling $90 million in gross proceeds.

Life Time Closes on $90 Million Sale-Leaseback Transaction

Taking time for mental health, setting a positive example and ways to be active with your kids are key tips for Dads to live healthier, impactful lives CHANHASSEN, Minn. , June 14, 2024 /PRNewswire/ -- As Father's Day approaches, Life Time (NYSE: LTH) is celebrating and sharing wisdom from Dads who make their health and wellness a priority.

From Our Dads to Yours: Life Time Trainers Share Father's Day Health Tips

CHANHASSEN, Minn. , May 31, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced the Company will participate in three upcoming investor conferences during June.

Life Time to Participate in June Investor Conferences

CHANHASSEN, Minn., May 29, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announced that it closed on a sale-leaseback transaction for approximately $40 million in gross proceeds today, Wednesday, May 29, 2024.

Life Time Closes on $40 Million Sale-Leaseback Transaction

Three-hour clinics Offer Unique Opportunity for Swimmers of All Ages to Learn from 6x Olympic Gold Medalist CHANHASSEN, Minn. , May 29, 2024 /PRNewswire/ -- Life Time (NYSE: LTH), which operates more than 500 indoor and outdoor pools nationwide, is teaming up with world-renowned swimmer, current World Record Holder, and 12-time Olympic Medalist, Ryan Lochte , to offer a series of swim clinics across several of its athletic country clubs.

Life Time Hosting Exclusive Swim Clinics with Olympian Ryan Lochte

Powered by AzureOpenAI Service from Microsoft and now rolling out to beta users in the Life Time app, L.AI.C intuitively serves up club, programming and services information on demand with personalized workouts, classes and product recommendations coming soon CHANHASSEN, Minn., May 28, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the launch of L.AI.C ("lay-see"), the first generative, AI-driven Healthy Way of Life personal companion for its members.

Microsoft and Life Time Partner on Launch of AI-Driven Companion for Members: L.AI.C

Enjoy a safe, entertaining summer with these essential swim safety tips CHANHASSEN, Minn. , May 22, 2024 /PRNewswire/ -- Whether enjoying your favorite pool, lake or river this summer, a safety-first mentality is where it begins.

Ready to Hit the Water for a Summer of Fun? Life Time Offers its Golden Rule for Swim Safety - 25:10

CHANHASSEN, Minn. , May 21, 2024 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) today announced the webcast information for its Investor and Analyst Day taking place on Thursday, May 30, 2024.

Life Time Announces Webcast Information for May 30 Investor and Analyst Day

Foundation grants $1 million to restore threatened whitebark pine in western U.S. CHANHASSEN, Minn. , May 17, 2024 /PRNewswire/ -- The Life Time Foundation, the 501©(3) nonprofit created by Life Time, Inc. (NYSE: LTH), has provided a $1 million grant to American Forests to support restoration of the threatened whitebark pine in the western U.S. Whitebark pine is a high-elevation keystone species that has been experiencing large-scale die-off caused by disease, pests and climate change.

Life Time Foundation Supports American Forests as Part of Healthy Planet Commitment

App delivers all things health, fitness, nutrition and wellness, including the best classes taught by top performers and wealth of award-winning content, supporting millions more people CHANHASSEN, Minn., May 16, 2024 /PRNewswire/ -- Just as Life Time (NYSE: LTH) continues to add to its portfolio of athletic country clubs across the nation – now totaling more than 170 across 31 states and 43 major markets including Toronto – the company is taking its commitment to inspire healthy, happy lives one step further by making its Life Time app free to everyone.

Life Time App Now Complimentary - Inspiring Healthy, Happy Lives Nationwide

Ben Johns, Collin Johns, Tyson McGuffin, and Anna Bright featured at May 4 event NEW YORK , May 8, 2024 /PRNewswire/ -- In a thrilling display of athleticism and camaraderie, tennis legend Andre Agassi, and top-rated pickleball pros Ben Johns, Collin Johns, Tyson McGuffin, and Anna Bright, joined Life Time Founder, Chairman and CEO Bahram Akradi at Life Time PENN 1 for an unforgettable pickleball showdown on Saturday, May 4 as the world's fastest growing sport continues to explode. More than 300 guests had the opportunity to watch – with some even playing – with the pros.

Tennis Grand Slam Champion Andre Agassi, and Top-Rated Pickleball Pros, Serve Up High Competition at Life Time PENN 1 in New York City

Lululemon Athletica

lululemon becomes an official apparel partner of Life Time Tennis and Pickleball CHANHASSEN, Minn. , May 7, 2024 /PRNewswire/ -- As pickleball remains the fasting growing sport for the third year in a row, Life Time (NYSE: LTH) and lululemon (NASDAQ: LULU) have announced a new partnership naming lululemon as an official apparel partner of Life Time pickleball and tennis.

Life Time and lululemon Announce New Partnership

Viking Therapeutics

Xponential Fitness

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Life Time Group Holdings, Inc. (NYSE:LTH ) Q1 2024 Earnings Conference Call May 1, 2024 10:00 AM ET Company Participants Danielle Matzke - VP of Corporate Finance Bahram Akradi - Founder, Chairman and CEO Erik Weaver - SVP, Interim CFO and CAO Conference Call Participants Megan Alexander - Morgan Stanley Brian Nagel - Oppenheimer & Company Alex Perry - Bank of America Simeon Siegel - BMO Capital Markets Chris Woronka - Deutsche Bank Owen Rickert - Northland Securities Michael Hirsh - Wells Fargo John Baumgartner - Mizuho Securities Operator Greetings, and welcome to the Life Time Group Holdings Inc., First Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Life Time Group Holdings, Inc. (LTH) Q1 2024 Earnings Call Transcript

Life Time Group Holdings, Inc. (LTH) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.10 per share a year ago.

Life Time Group Holdings, Inc. (LTH) Q1 Earnings Miss Estimates

CHANHASSEN, Minn. , May 1, 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 first quarter ended March 31, 2024.

Life Time Reports First Quarter 2024 Financial Results

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LaValle to advance scientific strategies and initiatives as part of Life Time's revolutionary MIORA longevity and performance program and clinic CHANHASSEN, Minn. , April 29, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) today announced the appointment of James LaValle, clinical pharmacist, C.C.N.M.T.

Life Time Appoints James LaValle Chief Science Officer

Expands Life Time's footprint to 32 locations in Texas DALLAS , April 26, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) continues its growth in Texas with two new athletic country clubs opening in the coming months. Located in Irving, Life Time Las Colinas opens April 26.

Life Time Opens 12th Athletic Country Club in Dallas-Fort Worth with Debut of Life Time Las Colinas; Waitlist Also Open for Westlake Location

37,000-square-foot Life Time Atlantic Avenue adds high-end wellness experiences to  51-story Brooklyn Crossing development and residences in Prospect Heights NEW YORK , April 22, 2024 /PRNewswire/ -- Life Time (NYSE: LTH) is continuing its expansion across New York with the opening Life Time Atlantic Avenue in Brooklyn. The new 37,000-square-foot athletic country club is located at the Brooklyn Crossing development in Prospect Heights and comes just days after the April 15 debut of  Life Time PENN 1, featuring the most indoor pickleball courts in New York City.

Life Time Opens Second Athletic Country Club in Brooklyn, NY

Annual charity event at Life Time destinations benefits children's hospitals, local youth health initiatives and conservation efforts nationwide; more than $2.7 million raised to date CHANHASSEN, Minn. , April 18, 2024 /PRNewswire/ -- As the health of our nation's children continues to diminish, Life Time (NYSE: LTH) is continuing efforts to drive positive change through its Ride of a Life Time charity cycle event occurring Saturday, April 27 across its portfolio of athletic country clubs.

Wheels in Motion: Nationwide Ride of a Life Time Cycling Event Set for April 27 to Support Children's Health

Life Time expert breaks down the 7 types of rest for full-body wellness CHANHASSEN, Minn. , April 17, 2024 /PRNewswire/ -- Like any well-operating machine, the human body needs downtime in order to rest and recharge.

News for Life Time Group Holdings Stock (LTH)