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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].
Riding for a Cause: 44 Life Time Foundation Athletes Participating in UNBOUND Gravel May 30 - June 1
Prnewswire· 2025-05-30 16:31
Athletes fundraise to support Foundation's healthy people, healthy planet mission while experiencing iconic Life Time eventEMPORIA, Kan., May 30, 2025 /PRNewswire/ -- When cyclists from across the United States and around the world take off at this weekend's premier gravel race, Life Time's (NYSE:LTH) UNBOUND Gravel in Emporia, Kansas, 44 participants will be riding for a cause: fundraising for the Life Time Foundation. With its focuses on healthy kids and a healthy planet, the Foundation collaborates with ...
Life Time Set to Debut Kiehl's in New York City Athletic Country Clubs this Summer
Prnewswire· 2025-05-28 10:00
Core Insights - Life Time has announced a partnership with Kiehl's to enhance member wellness experiences through the introduction of Kiehl's skincare products in its athletic country clubs in Manhattan and Brooklyn [1][2][4] Company Overview - Life Time operates 180 athletic country clubs across the United States and Canada, focusing on healthy living and wellness for individuals aged 90 days to over 90 years [9] - Kiehl's, a brand under L'Oréal USA, has a rich history as an apothecary founded in 1851, known for its effective skincare products developed through extensive research and customer feedback [10] Product Offerings - Members at Life Time will have exclusive access to Kiehl's popular products, including Amino Acid Shampoo, Form 133 Conditioner, Grapefruit Body Wash, and Crème de Corps, specifically selected for their effectiveness in pre- and post-workout routines [4][5] - The Kiehl's products will be available in dressing rooms and club showers, providing members with a moment of indulgence as part of their wellness routine [4] Marketing and Promotion - Kiehl's will implement various marketing initiatives to increase awareness, including features in Life Time's Experience Life Magazine, in-club digital assets, and member communications [7] Wellness Focus - The partnership aims to elevate the overall wellness experience, aligning with Life Time's commitment to providing immersive experiences that support members' healthy lifestyles [5][6] - Life Time's 2025 wellness survey indicated that over 80% of respondents dedicate several days a week to self-care activities [5]
Life Time Comes to Idaho with Opening of Life Time Eagle
Prnewswire· 2025-05-22 20:44
Phase one of 135,000-square-foot destination now open with nine pickleball and six tennis courts; full experience opening set for summer 2026EAGLE, Idaho, May 22, 2025 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, opened phase one of its highly anticipated Life Time Eagle athletic country club on May 21. This initial opening centers around racquet sports, featuring nine indoor pickleball courts, six indoor tennis courts, a viewing area with lounge seating and a pro sho ...
NKE or DECK: Which Athletic Footwear Stock Should You Bet On?
ZACKS· 2025-05-20 15:15
The competition in the athletic footwear space is heating up, with two key players — NIKE Inc. (NKE) and Deckers Outdoor Corporation (DECK) — drawing investor attention. While NIKE leans on its global brand power and deep product portfolio, Deckers is gaining traction with strong growth from brands like HOKA and UGG. As market dynamics evolve and consumer preferences shift, the real question is: which stock has the better upside potential in the months ahead?The Case for NIKENIKE continues to hold a promine ...
Retail ETFs Set to Gain on Dick's $2.4B Foot Locker Buyout
ZACKS· 2025-05-19 17:31
Dick’s Sporting Goods (DKS) , the nation’s leading sporting goods retailer, is set to acquire struggling shoe chain Foot Locker (FL) for $2.4 billion. The acquisition will be funded through a mix of existing cash and newly raised debt.The Dick’s–Foot Locker acquisition could mark a crucial shift in the global athletic retail landscape and could benefit retail ETFs like SPDR S&P Retail ETF (XRT) , VanEck Vectors Retail ETF (RTH) , Amplify Online Retail ETF (IBUY) and ProShares Online Retail ETF (ONLN) .Deal ...
2 Monster Stocks to Buy and Hold for the Long Term
The Motley Fool· 2025-05-17 15:33
Group 1: Dutch Bros - Dutch Bros is experiencing significant growth driven by its unique brand focusing on specialty beverages and friendly service [4] - The company has achieved a consistent revenue growth of around 30% year-over-year, with a 29% increase in the most recent quarter [5][6] - Management plans to open 160 new shops by 2025, aiming for a total of 2,029 shops by 2029, indicating strong expansion potential [8] - The introduction of new flavors and potential food offerings is expected to drive long-term demand and sales growth [6][7] Group 2: On Holding - On Holding is positioned as a high-growth footwear brand, with sales surging 43% year-over-year in the most recent quarter [10][11] - The company aims for an annualized sales growth rate of 26% through 2026 and is already ahead of schedule [11] - On Holding's profit margin exceeds 10%, indicating effective pricing strategies without aggressive discounting, contrasting with Nike's declining margins [12] - The brand is gaining traction with its Cloud shoes and apparel sales, which grew 40% year-over-year last quarter, reflecting increasing brand awareness [13][14]
Does Dick's $2.4B Foot Locker Buyout Justify a Buy Decision Today?
ZACKS· 2025-05-16 20:01
DICK’S Sporting Goods, Inc. (DKS) is acquiring another big athletic footwear retailer Foot Locker, Inc. (FL) . Will this impact Dick’s Sporting Goods’ focus and business alignment? Should you consider buying DKS stock now? Let’s find out – Dick’s-Foot Locker Deal Explained Dick’s Sporting Goods, recently, decided to acquire Foot Locker for almost $2.4 billion. In the buyout deal, Foot Locker shareholders may receive $24 in cash or 0.1168 shares of Dick’s common stock in place of each share held. The cash o ...
NIKE Vs adidas: Who's Winning the Race in the Athletic Footwear Arena?
ZACKS· 2025-05-15 13:00
Core Insights - The rivalry between NIKE Inc. and adidas AG is a significant aspect of the global athletic apparel and footwear market, with both companies competing in various metrics such as revenue growth, brand equity, and sustainability [1][2][3] Investment Case for NIKE (NKE) - NIKE is the leader in the global athletic footwear and apparel market, supported by strong brand equity and a dominant distribution network [4] - The company is implementing a "Win Now" strategy to address near-term challenges and stabilize performance, aiming for stronger growth in fiscal 2026 [5] - NIKE is focusing on its core identity in sports, accelerating product development, and enhancing brand perception through strategic marketing [6][8] - Innovation is central to NIKE's strategy, with new development models allowing for quicker responses to consumer trends [7] Investment Case for adidas (ADDYY) - adidas is undergoing a strategic turnaround under new leadership, focusing on revitalizing brand presence and improving execution [9] - The company is addressing operational challenges by cleaning up excess inventory and narrowing its product focus [10] - adidas emphasizes innovation and product credibility, with recent successful launches indicating a return of brand momentum [11][12] - Financially, adidas is setting the stage for sustainable growth and margin expansion from 2025 onward [13][14] Financial Estimates Comparison - The Zacks Consensus Estimate for NIKE's fiscal 2025 sales and EPS indicates declines of 10.7% and 45.6%, respectively [15] - In contrast, adidas's estimates suggest year-over-year growth of 12.3% in sales and 83% in EPS [16] Price Performance & Valuation - Year-to-date, adidas stock has outperformed NIKE, with a total return of 2.2% compared to NIKE's decline of 18.5% [19] - NIKE trades at a forward price-to-sales multiple of 2.02X, while adidas trades at 1.49X, indicating that adidas may be undervalued relative to its potential [23][26] Conclusion - The near-term outlook appears more favorable for adidas, which is showing signs of a focused turnaround, while NIKE is recalibrating its strategy [27][28]
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].