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Ditch Your Resolutions Day is Here - Life Time Experts Share Tips to Ensure Your Goals Stick
Prnewswire· 2024-01-17 11:00
With more than 170 locations in North America, Life Time can help you achieve your health and wellness goals in 2024 and beyondCHANHASSEN, Minn., Jan. 17, 2024 /PRNewswire/ -- January 17th is National Ditch Your Resolutions Day, a day where many people start to ditch their New Year's goals and resolutions. Life Time (NYSE: LTH), is here to help kickstart and recalibrate those who may be feeling some burdens as we get into 2024. January 17th is National Ditch Your Resolutions Day, a day where many people ...
Life Time Foundation Investing in Local Community Impact During Miami Marathon Weekend January 27-28
Prnewswire· 2024-01-12 20:04
Beach Clean Up, Kids Run, Foundation Athlete Fundraising and Support of Miami-Dade Schools Among Planned Efforts CHANHASSEN, Minn., Jan. 12, 2024 /PRNewswire/ -- The Life Time Foundation, a 501(c)(3) nonprofit created by Life Time Inc. (NYSE: LTH), is committed to supporting initiatives that inspire Healthy People, a Healthy Planet, and a Healthy Way of Life. During the Life Time Miami Marathon And Half weekend (January 27-28), the Life Time Foundation is leading efforts to enhance the local community. Init ...
Pivot Bio Names Robert Houghton Chief Financial Officer
Businesswire· 2024-01-08 20:00
BERKELEY, Calif.--(BUSINESS WIRE)--Pivot Bio, a leading sustainable agriculture company, today announced the appointment of Robert Houghton as the company’s chief financial officer. Houghton will oversee corporate finance, treasury, financial planning and analysis, tax, accounting, investor relations, internal audit, risk management and the company’s capital market strategy. He replaces Doug Jeffries, who served as Pivot Bio’s chief financial officer until his retirement last year. “ Bob has an outstanding ...
2024 Fitness Survey Findings: Workouts are "Me Time," as People Set Boundaries from Work; Interest in Strength Training Continues to Grow
Prnewswire· 2023-12-28 18:43
Survey adds 36% would give up social media forever to lose 10 poundsCHANHASSEN, Minn., Dec. 28, 2023 /PRNewswire/ -- With 2024 nearly here, Life Time (NYSE: LTH), the nation's premier heathy lifestyle brand, has compiled the results from its 2024 annual consumer health and wellness survey. Among nearly 3,000 respondents, notable findings included: With 2024 nearly here, Life Time (NYSE: LTH), the nation’s premier heathy lifestyle brand, has compiled the results from its 2024 annual consumer health and w ...
Life Time Reaffirms Full Year Fiscal 2023 Guidance
Prnewswire· 2023-12-27 15:46
CHANHASSEN, Minn., Dec. 27, 2023 /PRNewswire/ -- Based on information as of December 26, 2023, Life Time Group Holdings, Inc. ("Life Time," "we," "our," "us," or the "Company") (NYSE: LTH) today reaffirmed its guidance for fiscal year ended December 31, 2023, that it provided on October 25, 2023, as part of its third quarter earnings release. Fourth Quarter 2023 Guidance (based upon range midpoints): Revenue is expected to increase approximately 18.5% to $555-$565 million from $472.7 million in the prior y ...
Life Time's stock sinks as sudden CFO departure overshadows affirmed revenue outlook
Market Watch· 2023-12-27 11:37
Shares of Life Time Group Holdings Inc. LTH, -4.10% sank 4.6% in midday trading Wednesday, as investors appeared to focus more on the sudden resignation of the fitness club operator’s chief financial officer than the reiteration of its revenue outlook. The company disclosed late Tuesday that CFO Robert Houghton and the company agreed that Houghton will resign effective Dec. 31, just about 16 months after joining the company as CFO. Life Time has appointed Controller Erik Weaver as interim CFO. Separately, ...
Life Time (LTH) - 2023 Q3 - Quarterly Report
2023-10-30 16:00
Topic 1: Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Topic 2: Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [1]. - Strategic partnerships were formed with local retailers in Southeast Asia to enhance market penetration [3]. Topic 3: Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [2]. - R&D spending increased by 10% to accelerate innovation and product differentiation [4]. - Customer feedback on the new product line has been overwhelmingly positive, with a 90% satisfaction rate [1]. Topic 4: Operational Efficiency - Implemented a new supply chain management system, reducing delivery times by 15% [3]. - Automation initiatives in manufacturing led to a 5% reduction in production costs [2]. - Employee training programs were expanded, resulting in a 10% improvement in operational efficiency [4]. Topic 5: Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [1]. - Launched a company-wide recycling program, diverting 50% of waste from landfills [3]. - Committed to achieving net-zero emissions by 2030, with interim targets set for 2025 [2]. Topic 6: Corporate Governance - Appointed two new independent directors to the board, enhancing governance and oversight [4]. - Conducted a comprehensive review of corporate policies to ensure compliance with global standards [1]. - Increased transparency in financial reporting, with detailed disclosures on executive compensation [2].
Life Time (LTH) - 2023 Q3 - Earnings Call Transcript
2023-10-26 01:44
Life Time Group Holdings, Inc. (NYSE:LTH) Q3 2023 Earnings Conference Call October 25, 2023 10:00 AM ET Company Participants Ken Cooper - IR Robert Houghton - CFO Bahram Akradi - Founder, Chairman and CEO Conference Call Participants Megan Alexander - Morgan Stanley Brian Nagel - Oppenheimer & Company John Heinbockel - Guggenheim Securities Chris Carril - RBC Capital Markets Kate McShane - Goldman Sachs Dan Politzer - Wells Fargo Simeon Siegel - BMO Capital Markets Robbie Ohmes - Bank of America Chris Woron ...
Life Time (LTH) - 2023 Q2 - Quarterly Report
2023-07-30 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40887 Life Time Group Holdings, Inc. (Exact name of registrant as specified in its charter) (State or other ju ...
Life Time (LTH) - 2023 Q2 - Earnings Call Transcript
2023-07-25 20:03
Life Time Group Holdings, Inc. (NYSE:LTH) Q2 2023 Earnings Conference Call July 25, 2023 10:00 AM ET Company Participants Ken Cooper - IR Robert Houghton - EVP and CFO Bahram Akradi - Founder, Chairman, and CEO Conference Call Participants Chris Carril - RBC Capital Markets John Heinbockel - Guggenheim Securities Brian Nagel - Oppenheimer & Company Brian Harbour - Morgan Stanley Robbie Ohmes - Bank of America Chris Woronka - Deutsche Bank Dan Politzer - Wells Fargo Simeon Siegel - BMO Capital Markets John B ...