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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 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.
Life Time (NYSE: LTH) has announced the opening of its Life Time Rosemount athletic country club on December 27, 2024, marking its final opening of the year. The 90,000-square-foot facility represents a unique public-private partnership with the City of Rosemount, Minnesota, becoming Life Time's 28th location in the state.
The new facility features a 60,000-square-foot outdoor space with a Beach Club and four pickleball courts. Notable amenities include six dedicated studios for various fitness activities, indoor and outdoor pools, seven total pickleball courts, executive locker rooms with cold plunge pools, and a Kids Academy. The development includes Life Time's LifeCafe and LifeSpa services, offering dining and personal care options.
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.
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