Welcome to our dedicated page for Life Time Group Holdings news (Ticker: LTH), a resource for investors and traders seeking the latest updates and insights on Life Time Group Holdings stock.
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 achieved Great Place To Work® certification, based on an anonymous survey of thousands of team members across the United States. The survey revealed that 74% of Life Time employees consider it a great place to work, significantly higher than the 57% average for typical U.S. companies.
Key survey findings showed that 86% of team members felt welcome upon joining, 85% expressed pride in their employment, and 83% believed their work makes a difference. The company currently employs over 41,000 team members across North America, operating in more than 175 athletic country clubs and corporate offices in Minnesota.
Life Time (NYSE: LTH) announced its fifth annual Ride of a Life Time charity event, scheduled for March 8, 2025, across more than 160 locations nationwide. The event is expanding beyond cycling to include various group classes and Signature Training formats. Registration is open to both members and non-members at $25 per class.
The fundraiser benefits Children's Miracle Network Hospitals and the Life Time Foundation, targeting a $1.5 million goal for 2025. Since its 2021 inception, the event has raised over $3.5 million, including $1.1 million in the previous year. The funds support 170 children's hospitals across the U.S. and Canada, serving 12 million kids annually, while also promoting healthy food initiatives in schools and environmental conservation efforts.
Life Time (NYSE: LTH) has launched the Everyday Well Challenge, a new four-week program available exclusively through their complimentary Life Time app from February 3 through February 28, 2025. The program focuses on building sustainable wellness habits through four weekly themes: daily rhythm reset, morning momentum, mindful nourishment, and micro moments for lasting wellness.
The challenge is part of Life Time's expanded digital offerings, which include over 100 on-demand classes, guided meditations, custom health programs, and content from Experience Life magazine. The app also features L.AI.C, an AI companion being trained in Life Time's athletic country club services to provide personalized recommendations for club members, with future availability planned for all digital users.
Life Time Miami Marathon & Half celebrated its 23rd annual event with nearly 18,500 runners from 48 states and 75 countries participating in the sold-out race. Paul Eyanae from Kenya won the marathon with a time of 2:20:00, while Beth Marzigliano from Naples claimed the women's title in 3:03:02.
In the Half Marathon, Solomon Kagimbi became Miami's first two-time men's winner with a time of 1:04:27, while Nell Rojas from Boulder matched the women's course record at 1:13:53. The event, marking its fourth consecutive sellout, featured participants ranging from 14 to 88 years old, with temperatures between 72-78 degrees throughout the race day.
Life Time (NYSE: LTH) has announced plans to install cold plunges at over 70 of its athletic country clubs nationwide by summer 2025. This expansion builds upon their existing 20+ cold plunges and complements their comprehensive recovery and rejuvenation offerings. According to their recent survey, 43% of over 1,000 respondents expressed interest in trying or increasing ice baths and cryotherapy.
The cold plunges offer various health benefits, including energy boosting, inflammation reduction, and recovery aid. The company recommends starting with 30-second sessions and gradually building tolerance. The initiative is part of Life Time's broader recovery offerings, which include Rejuvenation Suites with saunas, steam rooms, whirlpools, and dedicated LT Recovery spaces featuring Dynamic Stretch programming, hydromassage, cryotherapy beds, and other recovery equipment.
Life Time Foundation, a nonprofit created by Life Time Inc. (NYSE: LTH), announced multiple community initiatives during the Life Time Miami Marathon And Half Weekend (February 1-2, 2025). The foundation is implementing several programs including: educational activities at the Miami Famous Expo, a beach cleanup collaboration with Clean Miami Beach, and support for over 800 Miami-Dade County school students participating in a marathon program.
The foundation has committed a $75,000 grant to The Education Fund's Food Forests for Schools program. Additionally, forty-two athletes are participating in the Foundation Athlete Program, each raising at least $1,000 to support the foundation's initiatives focusing on Healthy People, Healthy Planet, and a Healthy Way of Life.
Life Time (NYSE: LTH) has announced its 2025 athletic events calendar, featuring mountain biking, gravel cycling, road running, and trail running events across 11 states. The portfolio, expected to attract nearly 95,000 participants globally, includes iconic events such as the Miami Marathon, UNBOUND Gravel, and the Leadville Trail 100 series.
The calendar spans from February to November 2025, with events ranging from family-friendly 5K runs to ultra-endurance challenges like the 100-mile Leadville Trail races. Notable additions for 2025 include the new Tahoe Trail Run and expanded qualifying opportunities for major events. Several races are part of the Life Time Grand Prix series, and many offer qualification paths to prestigious events like the Leadville Trail 100 MTB and UNBOUND Gravel.
Life Time Group Holdings (NYSE: LTH) announced preliminary Q4 and full-year 2024 results, showing strong financial performance. Total revenue is estimated to increase 18.5% to $661-$663 million for Q4 and 18.2% to $2,619-$2,621 million for 2024. Net income is expected to rise 35% to $31-$33 million in Q4 and 98.4% to $150-$152 million for the year.
The company's 2025 guidance projects revenue growth of 12.2% to $2,910-$2,970 million, with net income estimated to increase 75.8% to $262-$269 million. Center memberships grew 6.4% to 812,062, while average center revenue per membership increased 12.4% to approximately $3,160.
Life Time plans to open 10-12 new centers in 2025 and expects comparable center revenue growth of 7-8%. The company aims to maintain its net debt to Adjusted EBITDA leverage ratio at or below 2.25 times.
Life Time Group Holdings (NYSE: LTH) has announced it will release its preliminary estimated financial results for Q4 and full-year 2024, along with select fiscal 2025 guidance, on January 16, 2025, before market open. The company has decided to make this preliminary announcement an annual practice, citing the predictability of its subscription model and finalized year-end membership levels.
The complete Q4 and full-year 2024 financial results will be released on February 27, 2025, before market open, followed by a conference call at 10:00 a.m. ET. The company will host a webcast and conference call to discuss the results and provide a business update, with replay options available until March 13, 2025.
Life Time (NYSE: LTH) has released its annual health and wellness survey results for 2025, gathering insights from over 1,350 participants. The survey reveals that sauna usage (69.1%) tops the list of recovery practices people want to try, followed by assisted stretching (50%) and ice baths/cryotherapy (42.4%).
Key findings show that 74.7% of respondents plan to prioritize health in 2025, marking a nearly 20% increase from 2024. Building muscle remains the top health goal for the third consecutive year, with strength training being the preferred workout routine. The survey also indicates that 60.8% of respondents believe GLP-1 drugs can improve overall health, and 99.3% report feeling happier after workouts.
Regarding nutrition and wellness, over 65% don't follow specific nutrition philosophies, and 59.5% take daily supplements. Nearly half (48.6%) prefer guidance from certified professionals over social media for wellness information.
FAQ
What is the current stock price of Life Time Group Holdings (LTH)?
What is the market cap of Life Time Group Holdings (LTH)?
What services does Life Time offer?
Where are Life Time’s athletic country clubs located?
What is Life Time’s vision?
How is Life Time involved in pickleball?
What recent developments have occurred at Life Time?
How does Life Time support its financial growth?
What are the operating hours for Life Time clubs?
How does Life Time cater to family needs?
What digital features does Life Time offer?
How can someone join a Life Time club?
