A Media Snippet accompanying this announcement is available by clicking on this link. LONDON, July 09, 2025 (GLOBE NEWSWIRE) -- SEGG Media Corporation (NASDAQ: SEGG, LTRYW) (“SEGG Media” or the “Company”), a leading technology company transforming the global intersection of sports, entertainment and gaming, today announced it has signed a binding Letter of Intent (“LOI”) with David Lloyd, one of the most iconic names in British and European sport and wellness. The terms of the LOI allows SEGG Media to acqu ...

Core Viewpoint - SEGG Media Corporation has signed a binding Letter of Intent to acquire the rights to David Lloyd's All-Sports Arena in Boca Raton, FL, valued at $14 million, marking the entry of the David Lloyd brand into the U.S. market [3][4] Company Overview - SEGG Media Corporation operates in the sports, entertainment, and gaming sectors, focusing on immersive fan engagement and AI-driven experiences [11] - David Lloyd is a prominent figure in global sport and fitness, known for founding David Lloyd Leisure, which operates 130 premium health and fitness clubs [6][12] Strategic Partnership - The LOI was signed during Wimbledon, symbolizing a significant partnership between SEGG Media and David Lloyd, aimed at creating a unique sports and business ecosystem [4][7] - The Boca Raton facility will be branded as "Sports.com All-Sports Arena, designed by David Lloyd," featuring a blend of sports infrastructure and business amenities [4][9] Facility Features - The arena will span 100,000 square feet and include indoor padel, basketball, and pickleball courts, climbing walls, AI-driven golf simulators, and a luxury co-working space [4][15] - The facility is projected to generate over $6 million in EBITDA in its first year of operations [10] Expansion Plans - This launch is part of a broader international rollout strategy, with plans for additional facilities across major U.S. cities and the Middle East [8][9]

Group 1 - The company has acquired its first locations in Illinois, increasing its total club count to 198 across 14 states [1] - The newly acquired clubs were previously owned by Pizzazz Fitness and will continue to operate under the Planet Fitness brand [2] - National Fitness Partners (NFP) is backed by Argonne Capital Group, LLC, a private investment firm based in Atlanta [2]

Core Viewpoint - Planet Fitness Inc has been upgraded to "buy" from "hold" by Stifel, with a price target increase to $120 from $82, citing stabilizing new membership rates and potential tailwinds for comparable sales growth in the mid- to high-single-digit range over the next several years [1] Group 1 - Shares of Planet Fitness are up 1.4% before market opening, approaching an all-time high of $109.91, with a year-over-year increase of 59% and a year-to-date gain of 5.3% [2] - If premarket strength continues, the stock will achieve its sixth consecutive daily gain [2] Group 2 - Short interest has increased by 27.6% in the past two weeks, with 6.66 million shares sold short, representing 8% of the total available float [3] - At the current trading pace, it would take short sellers more than four days to cover their positions [3] Group 3 - An unwinding of pessimism in the options market may provide additional support, as the put/call open interest ratio stands at 0.83, indicating higher-than-usual put exposure among short-term traders [4]

Life Time Group (LTH) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Greetings and welcome to Lifetime Group Holdings Inc. First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Conor Vienburg, Vice President of Capital Markets and Investor Relations. Please go ahead. Speaker1 ...

Core Insights - Planet Fitness reported revenue of $276.66 million for the quarter ended March 2025, marking an 11.6% year-over-year increase, with EPS of $0.59 compared to $0.53 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $281.54 million, resulting in a surprise of -1.73%, while the EPS also missed the consensus estimate of $0.62 by -4.84% [1] Financial Performance Metrics - Total stores at the end of the period were 2,741, slightly below the estimated 2,746 [4] - Same-store sales increased by 6.1%, exceeding the estimated 5.4% [4] - Franchisee-owned same-store sales were reported at 6.2%, also above the estimated 5.4% [4] - Corporate-owned same-store sales were 5.1%, slightly above the 5% average estimate [4] - The company opened 19 new stores, below the average estimate of 23 [4] Revenue Breakdown - National advertising fund revenue was $21.94 million, surpassing the average estimate of $21.55 million, reflecting a year-over-year change of +10.9% [4] - Franchise revenue reached $93.24 million, slightly below the average estimate of $93.54 million, with a year-over-year increase of +10.7% [4] - Equipment segment revenue was $27.81 million, exceeding the average estimate of $27.36 million, with a significant year-over-year increase of +28.7% [4] - Corporate-owned stores segment revenue was $133.67 million, below the average estimate of $136.20 million, showing a year-over-year change of +9.2% [4] - Franchise segment revenue was $115.18 million, slightly above the estimated $115.09 million, with a year-over-year increase of +10.7% [4] Stock Performance - Planet Fitness shares have returned +7.6% over the past month, compared to the Zacks S&P 500 composite's +11.3% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]