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) provides premium wellness experiences through its network of athletic country clubs and digital platforms. This news hub offers investors and industry observers centralized access to official corporate communications and market developments.
Track all material announcements including quarterly earnings disclosures, facility expansion plans, leadership updates, and wellness program innovations. Our curated feed ensures timely access to press releases about membership trends, digital health initiatives, and strategic partnerships.
Key coverage areas include new club openings, sustainability efforts, nutritional product launches, and participation in industry conferences. Subscribers receive alerts for regulatory filings and operational milestones that impact LTH's market position in the competitive fitness sector.
Bookmark this page for streamlined monitoring of Life Time's financial performance, member experience enhancements, and corporate responsibility programs. Combine our verified news stream with SEC filings for complete due diligence on this health-focused lifestyle enterprise.
Life Time Group Holdings, Inc. (NYSE: LTH) has launched new digital weight loss and healthy living programs as part of its Life Time Digital platform. The latest addition, Holiday Hustle, aims to assist individuals in maintaining their fitness during the holiday season. Research indicates that 42% of U.S. adults gained weight during the pandemic, emphasizing the need for structured weight loss solutions. Life Time's programs, designed by registered dietitians and certified trainers, focus on comprehensive wellness, offering various options including 60day to 5K and Sugar Fix.
Life Time (NYSE: LTH) is launching complimentary all-access livestream workout classes from Thanksgiving morning through Sunday evening. Over 100 classes will be available, including cardio, yoga, and dance, featuring top instructors. The event aims to promote wellness during the holiday season and requires no sign-in or app downloads. Classes will be streamed online during specified hours, allowing participants to join from anywhere. This initiative reflects Life Time's goal of fostering a healthier North America.
Life Time (NYSE: LTH) has announced the launch of the Life Time Grand Prix, a new cycling series featuring six events and a total prize purse of $250,000. Set to start in 2022, the series promotes both men's and women's competitions, with equal prize distribution. Events include significant races like the Leadville Trail 100 MTB and Big Sugar Gravel. The application period for riders is open from Nov. 22 to Dec. 6, with notifications by Dec. 10. Life Time aims to revitalize interest in cycling through this initiative.
Life Time Group Holdings is launching a unique healthy lifestyle destination, Life Time River North at One Chicago, set to open in early 2022 in Chicago. The facility boasts over 126,000 square feet of luxurious amenities including an athletic resort with extensive fitness equipment, boutique studios, and wellness services.
Additionally, it will feature Life Time Work, its first premium coworking space in the city, focusing on a healthy work-life balance. Memberships for the athletic resort start at $229 per month, while coworking memberships begin at $579.
The Life Time Foundation, alongside the Center for Science in Public Interest and numerous school nutrition experts, has released an updated Ingredient Guide aimed at enhancing school food purchasing practices. This guide is designed to help schools provide healthier meals, building on previous collaboration efforts. Currently, the Foundation supports over 35 school districts, impacting 1.7 million students and 264 million meals annually. The guide includes lists of ingredients to avoid and aims to serve as a vital resource for improving food quality in schools, with regular updates based on new research.
Macerich (MAC) and Life Time (LTH) announced plans for a new luxury athletic resort at Scottsdale Fashion Square, Arizona, set to open in 2023. This 40,000-square-foot facility will be Life Time's seventh location in Arizona and aims to enhance the shopping center's luxury offerings. The resort will feature group fitness studios, a rooftop beach club, and high-end amenities. This collaboration is part of Macerich's strategy to diversify its properties and enhance customer experiences in its premium retail locations.
Life Time Group Holdings, Inc. (NYSE: LTH) reported a strong Q3 2021 with a 66.7% revenue increase to $385 million compared to the previous year. Memberships rose 16.7% to 668,310, while net loss improved to $(45.4) million. Adjusted EBITDA reached $47 million, a significant turnaround from $(12.4 million). For FY 2021, revenue is projected between $1.308 - $1.318 billion. Life Time aims to open 10 or more new centers annually. The company raised approximately $670 million from its IPO and paid down significant debt.
Life Time Group Holdings, Inc. (NYSE: LTH) will announce its third-quarter financial results for fiscal 2021 on October 28, 2021, after market close. A conference call is scheduled for 4:30 p.m. ET, featuring CEO Bahram Akradi and CFO Tom Bergmann, who will discuss the results. Investors can join the call by dialing 877-451-6152 or via an online webcast at ir.lifetime.life. A replay will be available within three hours after the call.
Life Time Group Holdings, Inc. (NYSE: LTH) has successfully closed its initial public offering (IPO) of 39 million shares at $18.00 each, generating gross proceeds of $702 million. The public trading of Life Time's stock commenced on October 7, 2021. Additionally, underwriters have a 30-day option to acquire up to 5.85 million shares at the IPO price. The offering was led by Goldman Sachs, Morgan Stanley, and BofA Securities, among others. The registration for this offering was declared effective on October 6, 2021, by the Securities and Exchange Commission.
