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Life Time Foundation Expands Support of American Forests
Prnewswire· 2025-04-22 14:00
Core Points - The Life Time Foundation has provided a $300,000 grant to American Forests for reforestation efforts in California's Stanislaus National Forest, specifically targeting the Rim Fire burn scar [1][2] - The grant will facilitate the planting of over 100,000 climate-resilient trees, aimed at stabilizing soils, improving water quality, and creating habitats for native wildlife [2][3] - The Rim Fire, which occurred in 2013, burned over 257,000 acres and severely impacted the Tuolumne River Watershed, necessitating active landscape management and restoration efforts [2][3] Company Overview - The Life Time Foundation is a 501c(3) nonprofit organization focused on promoting healthy lifestyles through initiatives in youth nutrition, physical activity, and environmental conservation [6] - American Forests, established in 1875, is the first national nonprofit conservation organization in the U.S., dedicated to creating resilient forests that provide essential benefits for climate, people, water, and wildlife [7] Environmental Commitment - The partnership between the Life Time Foundation and American Forests emphasizes a science-backed approach to post-fire restoration, including seed collection, project planning, and monitoring [3][4] - The Life Time Foundation aims to foster a healthy planet by collaborating with nonprofit organizations to enhance environmental education and conservation efforts [4]
Life Time to Report First Quarter 2025 Financial Results on May 8, 2025
Prnewswire· 2025-04-10 13:16
CHANHASSEN, Minn., April 10, 2025 /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its financial results for first quarter 2025 will be released before market open on Thursday, May 8, 2025. The Company will host a conference call at 10:00 a.m. ET that day to discuss the financial results and provide a business update.How to Participate: Date: Thursday, May 8, 2025 Time: 10:00 a.m. ET (9:00 a.m. CT) U.S. dial-in number: 1-877-451-6152 Internationa ...
Lithium Ionic Engages RTEK to Support Construction and Operational Readiness of Bandeira Project; Announces Leadership Transition to Strengthen Project Execution
Globenewswire· 2025-04-02 13:09
Core Viewpoint - Lithium Ionic Corp. has engaged RTEK International DMCC as a strategic advisor to accelerate the development of its Bandeira Lithium Project in Brazil's Lithium Valley, transitioning from feasibility to construction and operations [1][13]. Company Overview - Lithium Ionic is a Canadian mining company focused on exploring and developing lithium properties in Brazil, with its Bandeira Project positioned in a promising lithium district [15]. RTEK's Expertise - RTEK is recognized for its extensive technical and operational expertise in the lithium sector, boasting over 80 years of combined experience in various aspects of lithium project execution [2][3]. - The RTEK team includes industry veterans with proven track records in optimizing project timelines and reducing capital intensity, which will be crucial for the Bandeira Project [2][5]. Project Development Strategy - RTEK will conduct a detailed review of Lithium Ionic's NI 43-101 Feasibility Study to identify optimization opportunities in plant and mine design, aiming to reduce CAPEX and OPEX while compressing the development timeline [3][10]. - The partnership will also focus on developing a comprehensive operational strategy, including process optimization and overseeing ramp-up activities for production performance [4][10]. Leadership Changes - Lithium Ionic has appointed Mike Westendorf as Chief Operating Officer, who has over two decades of experience in the mining industry and has significantly contributed to advancing the Bandeira Project [14]. Financial Considerations - The RTEK Agreement includes provisions for cash payments and potential share compensation based on achieving specific operational milestones, such as reducing project CAPEX [11][12]. Project Potential - The Bandeira Project is rapidly emerging as one of Brazil's most promising lithium assets, with a robust feasibility study indicating strong economics and a near-term path to production [13].
Life Time Announces New Mountain Bike and Run Event - Coldwater Trail - in Northeast Alabama on Oct. 24 & 25
Prnewswire· 2025-03-28 15:00
Core Viewpoint - Life Time is launching the Coldwater Trail MTB & Run event in Anniston, Alabama, on October 24 and 25, 2025, which will serve as a qualifying race for the Leadville Trail series, expanding the company's portfolio of athletic events [1][7]. Group 1: Event Details - The Coldwater Trail MTB & Run will feature 50K and 100K distances for mountain bikers and 15K and 50K distances for runners, showcasing over 4,000 acres of the Coldwater Mountain Trail System [2]. - The event aims to attract both competitive and recreational participants, offering a variety of race categories and highlighting the area's natural beauty and technical challenges [5]. Group 2: Community and Investment - The event is part of a broader investment in outdoor recreation in Anniston, with over $4 million invested in the Coldwater Mountain Trail area from various sources, including the City of Anniston and state grants [5]. - Innovate Alabama has invested nearly $20 million in outdoor recreation infrastructure across the state, with Coldwater Mountain being a key project, validating the community's efforts in promoting outdoor activities [6]. Group 3: Company Background - Life Time operates more than 175 athletic country clubs across the U.S. and Canada and hosts nearly 30 iconic athletic events, emphasizing its commitment to promoting healthy lifestyles [9].
Tens of Thousands Anticipated to Play Pickleball Simultaneously Across North America During Inaugural Agassi Open Play Day on April 12
Prnewswire· 2025-03-26 20:39
Core Insights - Life Time is hosting the Inaugural Agassi Open Play Day on April 12, 2025, to celebrate National Pickleball Month, inviting thousands of players for simultaneous open play across its athletic country clubs [1][2][3] - The company has established itself as a leader in the pickleball space, operating 785 dedicated pickleball courts and engaging over 48.3 million players annually [2][3] - Tennis legend Andre Agassi will participate in the event, aiming to enhance community engagement and expand access to the sport [3] Company Initiatives - Life Time has made significant investments in pickleball, including launching the LT Ultimate Pickleball, a durable and consistent ball, and establishing partnerships with JOOLA and lululemon for premium equipment [7] - The company has released 70 instructional videos featuring elite players, available for free on the Life Time app, to promote skill development in the sport [7] - A portion of the proceeds from the Agassi Open Play Day will benefit the Life Time Foundation, which supports youth nutrition, movement, and conservation efforts [4]
Life Time Named to Fast Company's Annual List of 2025 World's Most Innovative Companies
Prnewswire· 2025-03-18 20:58
Core Insights - Life Time has been recognized as one of the World's Most Innovative Companies for 2025, ranking first in the Personal Care and Wellness category among over 3000 applicants [1][3][4] - The company has developed a comprehensive ecosystem that promotes healthy living, aging, and entertainment, contributing to its innovative status [2][5] - Fast Company highlighted Life Time's commitment to innovation and its focus on enhancing member experiences through various programs and services [4][6] Company Overview - Life Time operates more than 175 athletic country clubs across the United States and Canada, catering to a wide demographic from ages 90 days to over 90 years [11][12] - The company offers a complimentary app and hosts nearly 30 iconic athletic events, reinforcing its position in the health and wellness sector [12] - Life Time has been certified as a Great Place to Work®, emphasizing its commitment to a positive workplace culture for its over 42,000 team members [12] Innovation and Offerings - Life Time's innovative offerings include MIORA clinics that provide personalized health insights through advanced bloodwork analyses, optimizing nutrition and fitness for peak performance [6] - The company has made significant investments in pickleball, collaborating with top professionals and launching initiatives to enhance its presence in the sport [7] - Life Time's approach to health and wellness is characterized by a focus on performance and longevity, setting new standards in the industry [6][8]
Life Time Launches All-New 60XT Challenge with $200,000 in Grand Prizes on the Line, Including $10K Cash for Top Five Finishers
Prnewswire· 2025-03-14 11:01
Eight-week training plan offers participants a chance to transform their health—and compete for prizesCHANHASSEN, Minn., March 14, 2025 /PRNewswire/ -- Life Time (NYSE: LTH) is launching an all-new challenge, 60XT, just in time to transform for summer.The Challenge kicks off March 24, and registration is now open via the Life Time app or in club for the eight-week paid body transformation competition. It's open to all Life Time members from each of its more than 175 athletic country clubs throughout North A ...
Life Time Brings Trusted, Proven Line of LTH-Branded Supplements to Amazon
Prnewswire· 2025-03-12 11:01
Core Insights - Life Time has expanded its LTH-branded supplements to Amazon, enhancing accessibility for consumers during National Nutrition Month [1][2] - The company emphasizes its commitment to high-quality, research-backed ingredients in its supplements, designed by registered dietitians and personal trainers [3][4] - A recent survey indicates that 71% of adults feel overwhelmed by supplement choices, highlighting the need for clear product information [4] Company Overview - Life Time has over 20 years of experience in the supplement industry, founded by Bahram Akradi after discovering quality issues in existing products [2][6] - The company operates more than 175 athletic country clubs across the U.S. and Canada, offering a comprehensive healthy lifestyle ecosystem [6] - Life Time has been recognized as a Great Place to Work®, reflecting its commitment to a positive workplace culture for over 42,000 employees [6] Product Offerings - The LTH portfolio includes over 50 products such as vitamins, fish oil, protein, electrolytes, and greens [4] - Upcoming product launches include PUMP (a caffeine-free pre-workout), (Re)FUEL (collagen protein bars), and DREAM (a magnesium sleep support powder) [5]
Life Time and Silverstein Properties to Partner at Brooklyn Tower
Prnewswire· 2025-03-11 14:01
Core Insights - Life Time is expanding its presence in New York City with the development of Life Time Brooklyn Tower, which will be its largest location in Brooklyn at approximately 80,000 square feet [1][4] - The facility will span seven floors in a 1,066-foot-tall building and will focus on recovery, rejuvenation, and socializing, offering a holistic experience for residents and members [2][4] - Life Time Brooklyn Tower is expected to open in the second half of 2026, adding to Life Time's existing nine athletic country clubs in New York City [4] Company Overview - Life Time operates over 175 athletic country clubs across the United States and Canada, promoting healthy living and wellness for individuals aged 90 days to 90+ years [6] - The company has been recognized as a Great Place to Work®, highlighting its commitment to an exceptional workplace culture for over 42,000 team members [6] Partnership Details - Silverstein Properties, the new owner of Brooklyn Tower, is dedicated to ensuring the successful completion of the project and maintaining Life Time's health and wellness offerings as part of the building's amenities [3][7] - Silverstein Properties has a real estate portfolio valued at over $18 billion and has developed more than 45 million square feet of various properties across the country [7] Facility Features - Life Time Brooklyn Tower will include a rooftop pool, co-ed wet suite, luxury spa, coworking spaces, and dedicated fitness studios for various exercise programs [8]
Why Life Time Group Holdings (LTH) Might be Well Poised for a Surge
ZACKS· 2025-03-06 18:20
Core Viewpoint - Life Time Group Holdings, Inc. (LTH) shows potential as a strong investment opportunity due to significant revisions in earnings estimates, indicating an improving earnings outlook [1][3]. Current-Quarter Estimate Revisions - The company is projected to earn $0.27 per share for the current quarter, reflecting a year-over-year increase of +80% [4]. - In the last 30 days, two earnings estimates have been revised upward, with no negative revisions, leading to a 9.68% increase in the Zacks Consensus Estimate [4]. Current-Year Estimate Revisions - For the full year, earnings are expected to reach $1.31 per share, representing a year-over-year growth of +37.89% [5]. - Over the past month, four estimates have been raised, with no negative revisions, resulting in a 6.35% increase in the consensus estimate [5]. Favorable Zacks Rank - The positive revisions in earnings estimates have earned Life Time Group Holdings a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance [6]. - Research indicates that stocks with a Zacks Rank 1 and 2 significantly outperform the S&P 500 [6]. Bottom Line - Life Time Group Holdings shares have increased by 5.5% over the past four weeks, suggesting investor confidence in the company's earnings growth prospects [7].