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Life Time Group Holdings, Inc. (NYSE: LTH) is a premier healthy lifestyle brand that designs, builds, and operates comprehensive, large-scale fitness and wellness centers. These centers, known as athletic country clubs, are located primarily in residential areas of metropolitan cities across the United States and Canada. Life Time offers a multitude of activities and amenities including professional fitness training, family recreation, spas, and resort-like environments catering to individuals and families.
Life Time's commitment to delivering uncompromising quality is evident in its range of services, which are both entertaining and educational. The company aims to meet the health and fitness needs of the entire family in an inviting and innovative manner. With over 170 athletic country clubs, Life Time has established itself as a significant player in the health and wellness industry, attracting more than 1.5 million members.
The company's recent achievements highlight its dynamic growth and innovation. In April 2024, Life Time opened its first dedicated pickleball facility in Chanhassen, Minnesota, featuring eight indoor and seven outdoor courts. This development aligns with their goal to become the premier destination for pickleball in the U.S., boasting over 630 courts across 130 clubs. The formation of the Life Time Pickleball and Tennis Board, led by tennis legend Andre Agassi, aims to elevate the profile of these sports within their communities.
Continuing its expansion in New York, Life Time launched its sixth athletic club, Life Time PENN 1, in April 2024. This 54,000-square-foot luxury club offers the most indoor pickleball courts in New York City and houses exclusive group training programs. Similarly, the newly opened Life Time Atlantic Avenue in Brooklyn provides a rich array of health and wellness offerings, complete with state-of-the-art training facilities and boutique studios.
Financially, Life Time reported a robust first-quarter performance in May 2024, leading to a raised full-year revenue and Adjusted EBITDA guidance. The company also closed a significant $40 million sale-leaseback transaction to support growth and strengthen its balance sheet. These financial maneuvers position Life Time well for continued expansion and operational excellence.
Life Time's vision is not only to provide exceptional health and wellness experiences but also to be an employer that values and develops its team members. The organization offers career growth opportunities across various roles within its clubs, supported by its mission to inspire healthy, happy lives through both physical and digital channels.
As Life Time continues to expand its footprint and enhance its offerings, it remains steadfast in its commitment to promoting a healthy way of life for its members and the broader community.
Life Time (NYSE: LTH) has announced the release of its formerly $15/month fitness app for free, countering holiday season fast-food promotions. The app provides access to over 100 on-demand fitness classes, meditation sessions, and custom health programs.
The comprehensive digital platform includes features such as workout plans, nutrition guides, mindfulness practices, and expert advice. Key offerings encompass training programs like the 12-Week Half-Marathon Training Plan, Glute Camp, 6-Week Shred, and Fit & Focused D.Tox, along with thousands of pieces of editorial content, recipes, and pickleball training videos.
This initiative represents Life Time's commitment to promoting healthier lifestyle choices by making its digital resources accessible to everyone across the U.S. and Canada.
Life Time (NYSE: LTH) through its Experience Life magazine has released six essential tips for post-evening workout recovery and rest. The guidance includes proper cool-down techniques, continuous hydration, strategic pre and post-workout nutrition, sleep-supporting supplements, cool shower benefits, and light management for better sleep.
The company's trainer and dietician, Samantha McKinney, emphasizes the importance of post-workout routines for optimal rest and workout effectiveness, particularly during the holiday season. Life Time also promotes its LTH line of supplements, including LTH Relax and LTH Chill Magnesium, designed to support relaxation and recovery.
Life Time (NYSE: LTH) has opened its eighth Atlanta location, Life Time North Druid Hills, on December 16, 2024. The new 65,000 square-foot facility, transformed from the former Athletic Club Northeast space, represents the company's first location in DeKalb County.
The facility features a resort-style outdoor area with a beach club, pool deck, and 12 racquet sport courts for pickleball and tennis. Indoor amenities include five boutique studios, dedicated training spaces, three indoor pickleball courts, a five-lane lap pool, and premium recovery facilities. The location offers nearly 150 weekly classes and includes features like LifeCafe, LifeSpa, Kids Academy, and executive-style dressing rooms with Atlanta's first cold plunge pool.
Life Time (NYSE: LTH) announces the completion of a significant transformation of its Highland Park athletic club, featuring a 20,800-square-foot expansion to be unveiled on December 7. The renovation of this 30-year-old facility increases the total space to 71,000 square feet and introduces new wellness experiences.
The transformed facility includes new features such as dedicated spaces for GTX and Ultra Fit Signature Group Training programs, an LT Recovery zone, LifeClinic chiropractic services, and a 3,000-square-foot Pilates studio offering 35 weekly classes. Additional improvements include four specialized studios, a refreshed Kids Academy, and updates to the LifeSpa.
This renovation is part of Life Time's broader investment strategy, with similar improvements completed at multiple locations in 2024, including facilities in Annapolis, Omaha, and Kingwood.
Life Time Foundation has announced enhancements to Green Onion, a complimentary digital nutrition software for K-12 schools. The platform helps school districts analyze food products at the ingredient level to identify and replace unwanted ingredients with healthier alternatives. The software, which goes beyond standard Nutrition Facts labels, flags ingredients of concern based on the Ingredient Guide for Better School Food Purchasing. Green Onion features a streamlined layout and receives real-time product data from suppliers via 1WorldSync, ensuring up-to-date information. Users can track progress towards eliminating unwanted ingredients commonly found in lower nutritional quality foods.
Life Time (NYSE: LTH) is expanding its digital fitness offerings by launching 100 new on-demand classes and additional meditations through its complimentary app. The release includes 50 immediate videos, with five new classes being added weekly. The classes range from 5-60 minutes and span multiple categories including strength, cardio, stretching, yoga, barre, and pilates. The expansion adds to Life Time's existing library of 130 digital on-demand videos and 175 weekly livestreamed classes. The new content features experienced instructors and includes alternative move demonstrations, enhanced music, and updated set designs.
Life Time (NYSE: LTH) has announced plans to open its second athletic country club in Boca Raton, Florida, located within the Uptown Boca mixed-use development. The 37,000 square-foot two-story facility is scheduled to open in late 2025. The new club will feature a fitness floor, group training spaces, multiple studios, luxurious locker rooms, and wellness amenities including a cold plunge, sauna, and steam room. This marks Life Time's sixth location in Florida, with additional expansion planned in Winter Park (2026) and Jacksonville (2027).
Life Time (NYSE: LTH) announces a free livestream event focusing on men's hormonal health, scheduled for Nov. 13 at Noon CT via the Life Time app. The panel features experts including Chief Science Officer James LaValle and MIORA Medical Director Dr. Gregory Pippert, who will discuss hormone balance optimization, common imbalance signs, and support strategies.
The event will cover key male hormones, nutrition, stress management, supplementation, and hormone replacement therapy (HRT). This initiative is part of Life Time's MIORA program, which offers personalized care plans including diagnostic blood draws, Metabolic Code assessments, and various treatment options such as peptides, bioidentical hormones, and IV therapies.
Life Time (NYSE: LTH) has launched LTH, a rebranded and expanded line of supplements and wellness products, responding to consumer demand for trusted health solutions. The launch comes as a survey reveals 71% of adults feel overwhelmed by supplement choices or confused by label information. The product line includes over 15 new items launched this year, featuring NOURISH multivitamin, REWIND Collagen Elixir, and REVIVE Colostrum Powder, with more products planned for 2025. All LTH products undergo rigorous third-party testing and are available in Life Time clubs, online, and via the Life Time app.
Life Time Group Holdings (NYSE: LTH) reported strong Q3 2024 financial results with total revenue increasing 18.5% to $693.2 million. Net income surged 422.5% to $41.4 million, while Adjusted EBITDA grew 26.1% to $180.3 million. The company's center memberships increased 5.4% year-over-year to 826,502, with average center revenue per membership rising 12.9% to $815. The company reduced its net debt leverage ratio to 2.4x and delivered positive operating cash flow. Life Time opened two new centers during Q3, bringing the total to 177 centers.
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