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

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Life Time's junior pickleball programming is play-focused, helping kids build athletic skills while creating a love for the sport CHANHASSEN, Minn. , Sept. 14, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand and largest provider of pickleball courts, programming and leagues, today announced it's teaming up with DUPR (Dynamic Universal Pickleball Rating) to unveil new junior pickleball programming to introduce more kids to the fastest growing sport in America.

Life Time Launching Kids Pickleball Programming in Collaboration with DUPR, Introducing the Next Generation to the Sport

1WorldSync's Product Content Orchestration Platform–the world's largest–helps Life Time Foundation launch Green Onion to support schools in serving healthier foods to students CHICAGO, Sept. 14, 2023 /PRNewswire/ -- 1WorldSync® , the technology company providing the world's leading brands with critical product information to power the supply chain and help consumers make purchasing decisions in-store and online, has partnered with Life Time Foundation as it helps school nutrition professionals procure healthy foods for students by streamlining product data collection and accuracy.

1WorldSync and Life Time Foundation Collaborate to Improve School Nutrition

Delivered by Dynamic Personal Trainers, Customized Sessions Help Reduce Muscle Tension, Prevent Injury, Improve Posture, Gain Flexibility and Relieve Stress CHANHASSEN, Minn. , Sept. 13, 2023 /PRNewswire/ -- Life Time (NYSE:LTH), the nation's premier healthy lifestyle brand, has expanded its robust Dynamic Personal Training portfolio with the launch of Dynamic Stretch across its athletic country clubs in North America.

Life Time Expands Dynamic Personal Training Offerings with Launch of Dynamic Stretch; Service Features Individualized Stretch Sessions Designed to Optimize Wellness

Carvana

Skechers U.S.A.

America's fastest growing sport, five years running, pickleball, is taking over neighborhood tennis courts and taking the country by storm. More than 48 million U.S. adults have stepped onto a pickleball court over the past year.

3 Stocks with Exposure to the Multibillion Dollar Pickleball Boom

Opening in early 2024, Life Time Pickleball Chanhassen will feature indoor and outdoor courts CHANHASSEN, Minn. , Sept. 5, 2023 /PRNewswire/ -- As pickleball continues its explosive growth trajectory, Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand and the largest provider of permanent pickleball courts in the country, today announced the groundbreaking of Life Time Pickleball Chanhassen, the Company's first ground-up pickleball location in the country.

Life Time Unveils Company's First Ground-Up Pickleball Club in Chanhassen, Minnesota

CHANHASSEN, Minn. , Aug. 30, 2023 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced the Company will participate in three upcoming investor conferences, including: September 13 – Goldman Sachs 30th Annual Global Retailing Conference The Goldman Sachs Global Retailing Conference will take place at the Conrad Downtown Hotel in New York City September 12-13, 2023.

Life Time to Participate in September and October Investor Conferences

CHANHASSEN, Minn., Aug. 24, 2023 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that Moody's Investor Service ("Moody's") has upgraded the Company's issuer credit rating to 'B2' from 'B3'.

Life Time Debt Upgraded by Moody's; Company Closes on $45 Million Sale-Leaseback Transaction

Phase two continues for New York's premier pickleball club, set to debut in early 2024 NEW YORK , Aug. 21, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, announced the opening of phase one of its 54,000-square-foot destination at PENN 1, as part of the PENN DISTRICT, located adjacent to Madison Square Garden in the heart of New York City. Life Time is a new, luxurious athletic club experience for office workers, commuters & neighborhood residents at PENN 1.

First Phase of Life Time at PENN 1 Opens with Luxurious Boutique Studios, Cardio, Strength and Training Offerings and Recovery and Rejuvenation Spaces

Life Time Talks is consistently in the top 10 percent* of new podcast episode downloads ahead of its season premiere CHANHASSEN, Minn. , Aug. 21, 2023 /PRNewswire/ -- With more than 5 million podcasts available on the market, Life Time Talks, the official podcast of Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, continues to see significant growth and positive ratings among listeners.

Top Health and Wellness Podcast Life Time Talks Sees 360,000+ Downloads and Eyes Exponential Growth Ahead of its Seventh Season on August 22

Simon Property Group

Simon's premier shopping center now home to the ultimate in health and wellness with outdoor beach club, salt water pools, indoor pickleball and fitness spaces, kids academy, cafe, spa and more MIAMI , Aug. 4, 2023 /PRNewswire/ -- In a first for Miami's shopping center scene, Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, today debuted its one-of-a-kind, athletic country club experience at The Falls, a Simon property. The opening marks the Company's second location in greater Miami and fourth in South Florida as it continues its nationwide expansion.

The Falls Debuts Miami's First-Of-Its-Kind, 120,000-Square-Foot Life Time Athletic Country Club on August 4

Big even by Texas standards, the 124,000-square-foot athletic country club encompasses fitness spaces, restaurant, spa, indoor and outdoor pickleball, beach club and a Life Time Work Lounge MISSOURI CITY, Texas , July 28, 2023  /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, today announced the opening of Life Time Sienna in Missouri City, Texas. The opening marks the Company's 30th athletic country club in Texas and 12th in the Houston market.

Life Time Continues Expansion with 30th Club Opening in Texas on July 28 with Life Time Sienna in Missouri City

Life Time Group Holdings, Inc. (NYSE:LTH ) Q2 2023 Earnings Conference Call July 25, 2023 10:00 AM ET Company Participants Ken Cooper - IR Robert Houghton - EVP and CFO Bahram Akradi - Founder, Chairman, and CEO Conference Call Participants Chris Carril - RBC Capital Markets John Heinbockel - Guggenheim Securities Brian Nagel - Oppenheimer & Company Brian Harbour - Morgan Stanley Robbie Ohmes - Bank of America Chris Woronka - Deutsche Bank Dan Politzer - Wells Fargo Simeon Siegel - BMO Capital Markets John Baumgartner - Mizuho Securities Operator Good morning and welcome to Life Time Group Holdings Second Quarter of 2023 Earnings Conference Call. Please be advised that reproduction of this call in whole or in part is not permitted without written authorization from the company.

Life Time Group Holdings, Inc. (LTH) Q2 2023 Earnings Call Transcript

Life Time Group Holdings, Inc. (LTH) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.04 per share a year ago.

Life Time Group Holdings, Inc. (LTH) Q2 Earnings and Revenues Lag Estimates

Second quarter revenue increased 21.8% to $561.7 million from $461.3 million in the second quarter of 2022. Net income increased to $17.0 million from a net loss of $2.3 million in the second quarter of 2022.

Life Time Reports Second Quarter Fiscal 2023 Financial Results

Complimentary Green Onion digital resource uniquely helps school food professionals remove unhealthy ingredients CHANHASSEN, Minn. , July 20, 2023 /PRNewswire/ -- Life Time Foundation, the 501(c)(3) charitable arm of Life Time (NYSE: LTH), today announced its nationwide launch of a groundbreaking, complimentary digital resource, Green Onion, which is designed to help all school districts, purchasing cooperatives and food distributors analyze their K-12 food products to identify, remove and replace unhealthy ingredients and create positive, sustainable nutritional changes.

Life Time Foundation Launches Groundbreaking Solution to Support Healthier School Meals Nationwide

Partnership includes exclusive merchandise, event experiences and pop-up shops CHANHASSEN, Minn. , July 19, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, and LSKD, the Australian-owned and operated activewear company, today announced that LSKD will serve as the exclusive apparel brand for Life Time's nearly 5,000 female coaches, instructors and trainers across its more than 165 athletic country clubs in North America.

Life Time Announces Australian Activewear Brand LSKD as Exclusive Apparel Brand for Women's Coaches, Instructors and Trainers

Nearly 113,000-square-foot destination includes debut of Company's first coworking space in Greater Washington D.C market; Serves as major anchor in mixed-use development ARLINGTON, Va. , July 14, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, today opened a one-of-a-kind athletic country club in Arlington, Virginia.

Life Time Athletic Country Club and Life Time Work Opens at The Clarendon Crossing in Arlington, Virginia on July 14

Partnership creates new development opportunities in fast-growing suburb with a focus on healthy living for all ages ROSEMOUNT, Minn. , July 11, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, and the City of Rosemount, today broke ground on the future location of Life Time Rosemount.

Life Time Breaks Ground on 152,000-Square-Foot Athletic Country Club in Rosemount MN; Early 2025 Opening Planned

CHANHASSEN, Minn. , July 5, 2023  /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its financial results for second quarter 2023 will be released before market open on Tuesday, July 25, 2023.

Life Time to Report Second Quarter 2023 Financial Results on July 25, 2023

CHANHASSEN, Minn. , June 22, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, has released its inaugural Environmental, Social, and Governance (ESG) report reinforcing the Company's steadfast commitment to sustainable and socially responsible business practices for more than 30 years.

Inaugural ESG Report Highlights Life Time's 30 Years of Sustainable and Socially Responsible Business Practices

Vornado Realty Trust

Waitlist available for 53,000-square-foot, three-floor Life Time located at Vornado Realty Trust's redeveloped PENN 1 NEW YORK , June 20, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, today announced it is entering into a lease agreement with Vornado Realty Trust (NYSE: VNO)  to occupy more than 53,000 square feet on the first three floors of PENN 1, located adjacent to Madison Square Garden in the heart of New York City. The redeveloped 57-story building serves major office tenants and is readily accessible to hundreds of thousands of daily commuters via the most accessible transportation hub in the country.

Life Time's New York City Expansion Continues with Iconic Indoor Pickleball and Athletic Club Destination in the PENN DISTRICT

Bausch + Lomb Corp

Cvent Holding Corp

Leonardo DRS Inc

Penske Automotive Group

Southern Copper

Vita Coco

Corsair Gaming

EverCommerce

Evolv Technologies Holdings

Fluence Energy

Flex Lng Ltd

Hercules Capital

Instructure Holdings

IonQ

LifeStance Health Group

Nano-X Imaging

Symbotic Inc

Target Hospitality Corp

Tootsie Roll Industries

Stocks that are difficult to sell short are likely to be overvalued, a new study finds. These fit the bill.

20 Stocks That Look Like They're in Bubble Territory Right Now

Memberships now available for 124,000-square-foot athletic country club, Life Time's 12th location in the Houston market MISSOURI CITY, Texas , June 15, 2023  /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, today announced the late-summer opening of Life Time Sienna, its 30th destination in Texas. A preview center is now open at 8421 Hwy.

Life Time Announces Summer 2023 Opening of Life Time Sienna in Missouri City; Preview Center Open

One of Company's largest destinations spanning more than 235,000 square feet marks 30 th state of operation and creates nearly 300 new jobs in Beaverton BEAVERTON, Ore. , May 31, 2023 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, officially opened the doors to it first Oregon location today in Beaverton, unveiling its newest luxury athletic country club and premium coworking space just outside of Portland.

Life Time Opens First Luxury Athletic Country Club and Life Time Work in Oregon on May 31

Completing Swimming Lessons, Supervising Children in the Water and Having Proper Gear All Keys to Safety CHANHASSEN, Minn. , May 30, 2023 /PRNewswire/ -- As temperatures soar and summer kicks off, Life Time, the nation's premier healthy lifestyle brand, is gearing up for another fun and busy pool season at its more than 160 athletic country clubs across North America.

News for Life Time Group Holdings Stock (LTH)