Life Time (LTH)
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Life Time to Report Second Quarter 2025 Financial Results on August 5, 2025
Prnewswire· 2025-07-08 13:00
Core Viewpoint - Life Time Group Holdings, Inc. is set to release its financial results for the second quarter of 2025 on August 5, 2025, before market opening, followed by a conference call to discuss the results and provide a business update [1]. Group 1 - The financial results announcement is scheduled for August 5, 2025, at 10:00 a.m. ET [1][6]. - A live audio webcast of the conference call will be available on the company's investor relations website [2]. - A recorded replay of the conference call will be accessible within approximately three hours after the call concludes [6]. Group 2 - Life Time operates over 180 athletic country clubs across the U.S. and Canada, and offers a comprehensive app and various athletic events [4]. - The company serves a wide demographic, from individuals aged 90 days to over 90 years, focusing on healthy living and aging [4]. - Life Time has been certified as a Great Place to Work®, highlighting its commitment to workplace culture for its over 43,000 team members [4].
Life Time Opens Eighth California Club at Historic Arden Hills Property in Sacramento on June 27
Prnewswire· 2025-06-27 12:05
Core Insights - Life Time has initiated a multi-million dollar renovation of its Arden location in Sacramento, enhancing its health and wellness offerings [1][2] - The renovation aims to elevate the member experience while preserving the legacy of the Arden Hills Athletic & Social Club, which has been operational for nearly 70 years [3][4] Company Overview - Life Time operates over 180 athletic country clubs across the U.S. and Canada, focusing on promoting healthy lifestyles for individuals of all ages [8] - The company has recently been recognized as a Great Place to Work®, highlighting its commitment to a positive workplace culture [8] Renovation Details - The first phase of the renovation includes a 17,000-square-foot workout floor equipped with advanced cardio and resistance training equipment [6] - Additional amenities include a dedicated recovery space, personalized coaching, group training spaces, and a Mind Body studio for fitness classes [6] - The facility features luxurious dressing rooms, an outdoor beach club with multiple pools, and extensive racquet sports facilities [6] Strategic Growth - The renovation of Life Time Arden is part of the company's broader growth strategy, which includes expanding in premier markets through strategic acquisitions [4] - Life Time Arden complements existing locations in Roseville and Folsom, enhancing the company's presence in Northern California [4][7]
Life Time Closes on $150 Million Sale-Leaseback Transaction; Credit Rating Upgraded by S&P
Prnewswire· 2025-06-23 21:26
Core Insights - Life Time Group Holdings, Inc. has completed a sale-leaseback transaction of three properties for approximately $150 million in gross proceeds, with terms similar to previous transactions [1] - S&P Global Ratings upgraded the Company's issuer credit rating to 'BB-' from 'B+' due to strong operating performance, growth in memberships, and reduced leverage [2] - Following the ratings upgrade, Life Time's credit facility margin improved by 25 basis points, resulting in an effective interest rate of 5.659% for the Company's term loan facility [3] Financial Strategy - The Company plans to execute a minimum of $100 million in additional sale-leasebacks over the remainder of 2025, enhancing its ability to advance a robust club pipeline while focusing on capital efficiency and financial health [4] - The recent sale-leaseback transaction and reduced cost of debt are expected to support the Company's financial strategy [4] Company Overview - Life Time operates more than 180 athletic country clubs across the United States and Canada, offering a comprehensive health and wellness ecosystem [4] - The Company serves a diverse demographic, promoting healthy living and aging through various programs and trusted nutritional products [4] - Life Time has been certified as a Great Place to Work®, highlighting its commitment to workplace culture for its over 43,000 team members [4]
Life Time Signs Landmark Lease at 10 Bryant Bringing New Wellness Destination to Midtown Manhattan
Prnewswire· 2025-06-23 09:03
Core Insights - Life Time has signed a significant lease agreement for a 52,000-square-foot athletic country club at 10 Bryant in Midtown Manhattan, set to open in early 2027, marking a key expansion in New York City [1][2][4] Company Expansion - The new athletic country club will be located in a prominent 30-story tower at the corner of 40th Street and Fifth Avenue, directly across from Bryant Park and the New York Public Library, enhancing Life Time's presence in New York City [4][5] - Life Time currently operates seven locations in Manhattan and two in Brooklyn, with additional locations in development, including Brooklyn Tower, also scheduled for a 2027 opening [8] Facility Features - The new facility will span four levels and include a variety of wellness amenities such as a luxurious wet suite, an expansive workout floor, dedicated recovery spaces, six boutique-style studios for group fitness, and a Life Time Work Lounge for coworking [5][9] Strategic Location - 10 Bryant is strategically located in a densely populated office market with over 300 million square feet of workspace, surrounded by major corporations and offering direct access to three major MTA transit lines, making it ideal for local residents and commuters [7]
Lithium Ionic Publishes 2024 Sustainability Report, ESG Scorecard, and Climate Risk Assessment
Globenewswire· 2025-06-19 11:00
TORONTO, June 19, 2025 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) announces the release of its 2024 Sustainability Report, ESG Scorecard, and inaugural TCFD-Aligned Climate Risk Assessment, underscoring the Company’s ongoing commitment to environmental stewardship, social responsibility, strong governance, and sustainable development in support of the global energy transition. All reports are available at www.lithiumionic.com/sustainability ...
Life Time's LTH Supplement Line Debuts Three New HYDRATE Electrolyte Flavors as National Hydration Month Kicks Off
Prnewswire· 2025-06-11 15:01
Core Insights - Life Time (NYSE: LTH) has introduced three new flavors—Spicy Margarita, Wild Berry, and Strawberry Lemonade—to its LTH HYDRATE electrolytes collection, coinciding with National Hydration Month [1][2] - The global market for electrolytes is projected to grow to $18 billion by 2033, highlighting the increasing demand for effective hydration solutions [4] Product Details - LTH HYDRATE aims to address chronic dehydration, which can be exacerbated by factors such as exercise, stress, and caffeine consumption, leading to various health issues [3] - The formulation of LTH HYDRATE includes five key electrolytes and over 60 naturally sourced trace minerals, designed to replenish what is lost through sweat [4] - The product is free from added sugar, artificial colors, flavors, synthetic ingredients, gluten, and dairy, and is NSF certified for Sport, ensuring quality and efficacy [4] Market Positioning - LTH HYDRATE is positioned as a premium hydration solution, emphasizing the importance of ingredient quality and scientific backing over marketing claims [4] - The product is available for purchase on multiple platforms, including the LT Shop, Amazon, and Life Time's athletic country clubs, catering to the growing trend of using electrolyte powders in mocktail recipes [5] Company Overview - Life Time operates over 180 athletic country clubs across the U.S. and Canada, providing a comprehensive ecosystem for health and wellness [8] - The company has a diverse supplement line with over 50 products, including protein powders, pre-workout supplements, and multivitamins, reinforcing its commitment to health and wellness [6]
Lithium Ionic Files NI 43-101 Technical Report for the Bandeira Mineral Resource Estimate, Minas Gerais, Brazil
Globenewswire· 2025-06-09 16:33
Core Viewpoint - Lithium Ionic Corp. has filed an independent NI 43-101 compliant technical report for its 100%-owned Bandeira Lithium Project in Brazil, which includes an updated Mineral Resource Estimate (MRE) announced on May 6, 2025 [1][3]. Group 1: Technical Report and Mineral Resource Estimate - The technical report, titled "Bandeira Lithium Project NI 43-101 Technical Report Mineral Resource Update," was prepared by GE21 Consultoria Mineral Ltda., AtkinsRéalis, L&M Advisory, and Planminas, with an effective date of November 20, 2024 [2]. - The updated MRE includes Measured and Indicated resources of 27.27 million tonnes (Mt) grading 1.34% Li₂O, equating to 901,059 tonnes of lithium carbonate equivalent (LCE), and an additional 18.55 Mt in the Inferred category also grading 1.34% Li₂O, which corresponds to 615,432 tonnes LCE [3]. - The updated MRE increases the Company's consolidated global mineral resources to 36.76 Mt grading 1.31% Li₂O in the Measured and Indicated category, alongside 31.87 Mt grading 1.19% Li₂O in the Inferred category [4]. Group 2: Project Overview and Location - The Bandeira Project covers 158 hectares, representing less than 1% of Lithium Ionic's total 17,000-hectare land position, and is considered one of the most promising lithium development-stage assets in Brazil [5]. - The project is strategically located adjacent to Sigma Lithium's Grota do Cirilo and Barreiro projects, as well as Companhia Brasileira de Lítio's long-standing underground lithium operation [5][8]. Group 3: Future Developments - An updated Feasibility Study to integrate the expanded MRE is currently underway and is expected to be completed in the second half of 2025 [3].
Life Time Announces Pricing of Secondary Offering of 20,000,000 Shares of Common Stock
Prnewswire· 2025-06-05 13:13
Core Viewpoint - Life Time Group Holdings, Inc. announced a secondary offering of 20,000,000 shares of its common stock, generating total gross proceeds of $590,000,000 before underwriting discounts and commissions [1][2]. Group 1: Offering Details - The offering is expected to close on June 6, 2025, pending customary closing conditions [2]. - The selling stockholders will receive all proceeds from the offering, while the Company will not receive any proceeds from the sale [2]. - J.P. Morgan and BofA Securities are the underwriters for the offering, which will be made available to the public at a fixed price [3]. Group 2: Company Overview - Life Time operates over 180 athletic country clubs across the U.S. and Canada, offering a range of health and wellness services [6]. - The Company serves a diverse demographic, from individuals aged 90 days to over 90 years, through various healthy living and aging programs [6]. - Life Time has been recognized as a Great Place to Work®, highlighting its commitment to workplace culture for its 43,000 team members [6].
Life Time Announces Commencement of Secondary Offering of 20,000,000 Shares of Common Stock
Prnewswire· 2025-06-05 10:30
Core Viewpoint - Life Time Group Holdings, Inc. announced a public offering of 20,000,000 shares of its common stock by certain affiliates of Leonard Green & Partners, L.P. and TPG Inc., with the proceeds going entirely to the Selling Stockholders, while the Company will not receive any funds from this sale [1]. Group 1: Offering Details - The offering is subject to market conditions, and there is no assurance regarding its completion or the actual size and terms of the offering [2]. - J.P. Morgan and BofA Securities are acting as underwriters for the proposed offering [2]. Group 2: Company Overview - Life Time operates over 180 athletic country clubs across the U.S. and Canada, providing a range of health and wellness services and products, including nutritional supplements [5]. - The Company serves a diverse demographic, from individuals aged 90 days to over 90 years, through various healthy living and aging programs [5]. - Life Time has been recognized as a Great Place to Work®, highlighting its commitment to a positive workplace culture for its more than 43,000 employees [5].
Unlocking the Secrets to Peak Performance and Longevity: GeeVida Health and Life Time to Host Special Event at UC Irvine on June 14
Prnewswire· 2025-06-04 18:31
Core Insights - The event hosted by GeeVida Health and Life Time focuses on longevity science and holistic health, featuring industry leaders sharing strategies for healthy living and aging [1][2] - GeeVida Health is a concierge telemedicine platform that emphasizes personalized care and health optimization, offering services for various health conditions [3] - Life Time operates a network of athletic country clubs and wellness programs, promoting healthy living and aging through a comprehensive ecosystem [4][5] Group 1: Event Details - The event will take place on June 14, 2025, at the UC Irvine Beall Applied Innovation Center, running from 9:00 a.m. to 5:30 p.m. [1] - Attendees will have networking opportunities with industry specialists and access to exhibitors showcasing performance and longevity innovations [2] Group 2: Key Speakers and Topics - Dr. Kambiz Farbakhsh will discuss the science behind aging well and future human performance [4] - Bahram Akradi will share insights on breakthroughs in longevity [4] - James LaValle will present a blueprint for lifelong health [4] - Other speakers include experts on the mind-body connection, nutritional strategies, and holistic wellness approaches [4] Group 3: Company Profiles - GeeVida Health provides state-of-the-art telemedicine services focused on health optimization and chronic disease management, ensuring personalized care [3] - Life Time operates 180 athletic country clubs and offers a range of wellness programs, recently recognized as a Great Place to Work® [5]