Interactive Strength Inc. (Nasdaq:TRNR) Announces Installation of Both FORME and CLMBR at Mandalay Bay Resort
Interactive Strength (TRNR) has announced the installation of its FORME and CLMBR equipment at the Mandalay Bay Resort's fitness center, reportedly one of the most-visited gyms in the US. The installation coincides with the 2025 Health & Fitness Association (HFA) Show being hosted at the Mandalay Bay Convention Center.
CEO Trent Ward highlighted that HFA is the largest fitness equipment show in the US, where they previously identified one of their pending acquisitions. The company has been expanding internationally in Germany and the UK, which represent the world's second and third-largest fitness markets after the US. TRNR has recently increased its pro forma revenue guidance to $50M, following its Sportstech acquisition and latest Letter of Intent (LOI).
Interactive Strength (TRNR) ha annunciato l'installazione delle proprie attrezzature FORME e CLMBR nel centro fitness del Mandalay Bay Resort, riportato come uno dei centri fitness più visitati negli Stati Uniti. L'installazione coincide con il 2025 Health & Fitness Association (HFA) Show che si terrà presso il Mandalay Bay Convention Center.
Il CEO Trent Ward ha sottolineato che l'HFA è la fiera di attrezzature per il fitness più grande degli Stati Uniti, dove hanno precedentemente identificato uno dei loro acquisti in sospeso. L'azienda si sta espandendo a livello internazionale in Germania e Regno Unito, che rappresentano i secondi e terzi mercati del fitness più grandi al mondo dopo gli Stati Uniti. TRNR ha recentemente aumentato le sue previsioni di fatturato pro forma a 50 milioni di dollari, a seguito dell'acquisizione di Sportstech e dell'ultima Lettera di Intenti (LOI).
Interactive Strength (TRNR) ha anunciado la instalación de su equipo FORME y CLMBR en el centro de fitness del Mandalay Bay Resort, que se dice que es uno de los gimnasios más visitados en los EE. UU. La instalación coincide con el 2025 Health & Fitness Association (HFA) Show que se llevará a cabo en el Mandalay Bay Convention Center.
El CEO Trent Ward destacó que la HFA es la feria de equipos de fitness más grande en EE. UU., donde previamente identificaron una de sus adquisiciones pendientes. La empresa se ha estado expandiendo internacionalmente en Alemania y el Reino Unido, que representan los segundos y terceros mercados de fitness más grandes del mundo después de EE. UU. TRNR ha aumentado recientemente su guía de ingresos pro forma a 50 millones de dólares, tras su adquisición de Sportstech y la última Carta de Intención (LOI).
Interactive Strength (TRNR)는 Mandalay Bay Resort의 피트니스 센터에 FORME 및 CLMBR 장비를 설치했다고 발표했습니다. 이 센터는 미국에서 가장 많이 방문하는 체육관 중 하나로 알려져 있습니다. 이 설치는 Mandalay Bay Convention Center에서 열리는 2025 Health & Fitness Association (HFA) Show와 동시에 진행됩니다.
CEO Trent Ward는 HFA가 미국에서 가장 큰 피트니스 장비 박람회이며, 그곳에서 이전에 보류 중인 인수 중 하나를 확인했다고 강조했습니다. 이 회사는 독일과 영국에서 국제적으로 확장하고 있으며, 이는 미국 다음으로 세계에서 두 번째와 세 번째로 큰 피트니스 시장입니다. TRNR은 최근 Sportstech 인수 및 최신 의향서(LOI)에 따라 프로 포르마 수익 가이드를 5천만 달러로 증가시켰습니다.
Interactive Strength (TRNR) a annoncé l'installation de son équipement FORME et CLMBR au centre de fitness du Mandalay Bay Resort, qui serait l'une des salles de sport les plus visitées aux États-Unis. Cette installation coïncide avec le 2025 Health & Fitness Association (HFA) Show qui se tiendra au Mandalay Bay Convention Center.
Le PDG Trent Ward a souligné que l'HFA est le plus grand salon d'équipements de fitness aux États-Unis, où ils ont précédemment identifié l'une de leurs acquisitions en attente. L'entreprise s'est récemment développée à l'international en Allemagne et au Royaume-Uni, qui représentent les deuxième et troisième plus grands marchés de fitness au monde après les États-Unis. TRNR a récemment augmenté ses prévisions de revenus pro forma à 50 millions de dollars, suite à son acquisition de Sportstech et à sa dernière Lettre d'Intention (LOI).
Interactive Strength (TRNR) hat die Installation seiner FORME und CLMBR Geräte im Fitnesscenter des Mandalay Bay Resort angekündigt, das Berichten zufolge eines der meistbesuchten Fitnessstudios in den USA ist. Die Installation fällt mit der 2025 Health & Fitness Association (HFA) Show zusammen, die im Mandalay Bay Convention Center stattfindet.
CEO Trent Ward hob hervor, dass die HFA die größte Fitnessgerätemesse in den USA ist, wo sie zuvor eine ihrer ausstehenden Akquisitionen identifiziert haben. Das Unternehmen expandiert international in Deutschland und Großbritannien, die die zweit- und drittgrößten Fitnessmärkte der Welt nach den USA darstellen. TRNR hat kürzlich seine pro forma Umsatzprognose auf 50 Millionen Dollar angehoben, nach der Akquisition von Sportstech und dem neuesten Letter of Intent (LOI).
- Increased pro forma revenue guidance to $50M
- Strategic expansion into Germany and UK markets
- Installation in high-traffic Mandalay Bay Resort fitness center
- Recent Sportstech acquisition and new LOI in progress
- None.
Installation Coincides with Previously Announced TRNR Presence at HFA 2025, Adds to Growing US & International Presence of Fast-Growing Company
Mandalay Bay Resort Fitness Center Reportedly One of Most-Visited Gyms in US
AUSTIN, TEXAS / ACCESS Newswire / March 13, 2025 / Interactive Strength Inc. (Nasdaq:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced that both its FORME and CLMBR equipment were installed at the Mandalay Bay Resort, one of the most frequently visited fitness facilities in the US, and coinciding with the start of the 2025 Health & Fitness Association Show that is being hosted at the Mandalay Bay Convention Center.
Trent Ward, Co-Founder and CEO of TRNR, said: "HFA is the biggest fitness equipment show in the US - and in fact in 2024, it's where we first spotted one of our pending acquisitions, just announced last week. So, we are pleased to be returning - and even more excited to add to our presence and visibility by installing both our FORME and CLMBR equipment in the Mandalay Bay Resort's fitness center, the complex where the HFA show is. We're looking forward to a great week, continuing to grow the business here in the US, after a lot of activity recently expanding overseas in Germany and the UK, the world's second and third-largest fitness markets after America."
For more commentary, information and details of TRNR's strategy and increased,
TRNR Investor Contact
TRNR Media Contact
About Interactive Strength Inc.:
Interactive Strength Inc. produces innovative specialty fitness equipment and digital fitness services under two main brands: 1) CLMBR and 2) FORME. Interactive Strength Inc. is listed on NASDAQ (symbol:TRNR).
CLMBR is a vertical climbing machine that offers an efficient and effective full-body strength and cardio workout. CLMBR's design is compact and easy to move - making it perfect for commercial or in-home use. With its low impact and ergonomic movement, CLMBR is safe for most ages and levels of ability and can be found at gyms and fitness studios, hotels, and physical therapy facilities, as well as available for consumers at home. www.clmbr.com.
FORME is a digital fitness platform that combines premium smart gyms with live virtual personal training and coaching to deliver an immersive experience and better outcomes for both consumers and trainers. FORME delivers an immersive and dynamic fitness experience through two connected hardware products: 1) The FORME Studio Lift (fitness mirror and cable-based digital resistance) and 2) The FORME Studio (fitness mirror). In addition to the company's connected fitness hardware products, FORME offers expert personal training and health coaching in different formats and price points through Video On-Demand, Custom Training, and Live 1:1 virtual personal training. www.formelife.com.
Forward Looking Statements:
This press release includes certain statements that are "forward-looking statements" for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements do not relate strictly to historical or current facts and reflect management's assumptions, views, plans, objectives and projections about the future. Forward-looking statements generally are accompanied by words such as "believe", "project", "expect", "anticipate", "estimate", "intend", "strategy", "future", "opportunity", "plan", "may", "should", "will", "would", "will be", "will continue", "will likely result" or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the possibility of generating revenue or future orders from the installation at the Mandalay Bay Resort or that the Company will achieve its revenue guidance or complete the acquisitions being referenced. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of the Company. Risks and uncertainties include but are not limited to: demand for our products; competition, including technological advances made by and new products released by our competitors; our ability to accurately forecast consumer demand for our products and adequately maintain our inventory; and our reliance on a limited number of suppliers and distributors for our products. A further list and descriptions of these risks, uncertainties and other factors can be found in filings with the Securities and Exchange Commission. To the extent permitted under applicable law, the Company assumes no obligation to update any forward-looking statements.
Contact Information
John McNamara
IR
john@tradigitalir.com
917-658-2602
SOURCE: Interactive Strength Inc.
View the original press release on ACCESS Newswire
FAQ
What is the significance of TRNR's installation at Mandalay Bay Resort?
What is TRNR's current revenue guidance after recent acquisitions?
Which international markets is TRNR expanding into?
What products has TRNR installed at the Mandalay Bay Resort?
