Workflow
Life Time app
icon
Search documents
Life Time to Report Third Quarter 2025 Financial Results on November 4, 2025
Prnewswire· 2025-10-09 18:46
, /PRNewswire/ -- Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) today announced that its financial results for third quarter 2025 will be released before market open on Tuesday, November 4, 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: WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In ...
Life Time Announces 2nd Annual 30 Strong Challenge to Help Members Build Healthy Fall Habits: Registration Open for Oct. 6 Kickoff
Prnewswire· 2025-09-18 15:45
Core Insights - Life Time announced the return of its 30 Strong Challenge, a 30-day wellness program designed to help members establish healthy habits as seasons change [1][2] - The inaugural year saw over 50,000 participants, leading to the addition of a new daily habit for this year's challenge [3] - The program includes eight daily habits aimed at promoting overall health and well-being [3][4] Program Details - Registration for the 30 Strong Challenge is open, with the program running from October 6 to November 4 [2] - Participants will receive a complimentary 50-minute functional training session and a Get Started Guide with tips and strategies [4] - The eight daily habits include spending time in nature, daily workouts, protein intake, hydration goals, self-care, eliminating alcohol, and ensuring adequate sleep [4] Technology and Support - Life Time's app features L•AI•C, an AI-powered health companion providing guidance on fitness, nutrition, and recovery [5] - The app also offers access to a variety of on-demand and livestream classes led by top instructors [5] Company Overview - Life Time operates 185 athletic country clubs across the U.S. and Canada, focusing on healthy living and aging [7] - The company is recognized for its exceptional workplace culture and commitment to its 49,000 team members [7]
Life Time Reports Second Quarter 2025 Financial Results
Prnewswire· 2025-08-05 10:45
Core Insights - Life Time Group Holdings, Inc. reported strong financial results for the second quarter of fiscal 2025, with total revenue reaching $761.5 million, a 14.0% increase year-over-year, driven by growth in membership dues and in-center revenue [6][7][12] - The company achieved a net income of $72.1 million, reflecting a 36.6% increase compared to the same quarter last year, and an adjusted net income of $84.1 million, up 60.5% [6][12][13] - Life Time's balance sheet remains strong, with a net debt leverage ratio reduced to 1.8 times and total available liquidity of $794.0 million as of June 30, 2025 [14][12] Financial Performance - Total revenue for the six months ended June 30, 2025, was $1,467.5 million, a 16.1% increase from the prior year [6][12] - Adjusted EBITDA for the second quarter was $211.0 million, a 21.6% increase year-over-year, indicating improved operational efficiency [6][12][13] - The company achieved positive free cash flow of $112.5 million for the second quarter and $153.8 million for the six months ended June 30, 2025 [13][14] Membership and Operations - Center memberships increased by 2.0% year-over-year to 849,643, with total memberships, including on-hold memberships, reaching 898,850 [7][29] - The average center revenue per center membership rose to $888, an 11.8% increase compared to the previous year [6][29] - Life Time opened four new centers during the second quarter, bringing the total to 184 centers [12][29] Capital Expenditures and Growth Outlook - Growth capital expenditures for the second quarter were $167.0 million, a 53.8% increase from the prior year, reflecting ongoing expansion efforts [9][12] - The company raised its full-year 2025 guidance, projecting revenue between $2,955 million and $2,985 million, representing a 13.3% increase from the previous year [12][19] - Life Time plans to manage its net debt leverage ratio to remain at or below 2.00 times and anticipates comparable center revenue growth of 9.5% to 10.0% [19][12]
Life Time Launches Complimentary AI Health Companion for Everyone: "Just Ask L•AI•C"
Prnewswire· 2025-07-29 20:15
Core Insights - Life Time has launched L•AI•C, an AI-powered wellness companion that provides personalized workouts, nutrition, and recovery tips, leveraging over 30 years of health and wellness expertise [1][2][4] - The AI wellness market is projected to exceed $30 billion by 2030, indicating significant growth potential for Life Time's innovative offerings [1] - L•AI•C is designed to integrate with users' wearable device data over time, enhancing personalization and differentiating it from other AI tools [4][5] Company Overview - Life Time operates more than 180 athletic country clubs across the U.S. and Canada, focusing on promoting healthy living and aging [10] - The company has a comprehensive app that offers a variety of health and wellness resources, including on-demand classes, meditation sessions, and custom health programs [8][10] - Life Time has been recognized as a Great Place to Work®, highlighting its commitment to a positive workplace culture for its over 49,000 employees [10] Product Features - L•AI•C offers personalized support for workouts, nutrition, and recovery, with features such as guided exercise videos and supplement recommendations from registered dietitians [7][8] - The Life Time app includes access to hundreds of on-demand and livestream classes, meditation sessions, and a wealth of editorial content from Experience Life magazine [8][9] - The app is designed to enhance individual health journeys, providing trusted support and resources tailored to user needs [6][7]
Marine, Mom of Four, Pastry Chef Among Five Winners in Life Time's First-Ever 60XT Wellness Challenge
Prnewswire· 2025-07-21 20:31
Core Insights - Life Time announced the winners of its inaugural 60XT Challenge, an eight-week body transformation program that engaged over 25,000 participants nationwide [1][2] - Each grand prize winner received $10,000 in cash and a prize package valued at $15,000, which includes a four-night stay at Breathless Resorts & Spa and premium wellness gear [3] Participant Transformations - Raiza Costa lost 27 pounds, embraced strength training, and improved her lifestyle through the challenge [4] - Kenneth Crowder lost over 30 pounds, halved his body fat, and gained six pounds of muscle while spending more time with his family [5] - Scarlett Espinoza rebuilt her strength post-injury, losing 14 pounds and gaining six pounds of muscle [6] - Bharon Hoag lost nearly 30 pounds and redefined his mindset towards health [7] - Chaya Sanders lost over 20 pounds and 10% body fat, improving her overall well-being [8] Additional Finalists - Five other finalists received $5,000 in cash and a prize package valued at $5,000 [9] Company Overview - Life Time operates over 180 athletic country clubs across the U.S. and Canada, offering a range of health and fitness services [12] - The company provides resources through the Life Time app, including on-demand classes and personalized support [10][11] - Life Time emphasizes a commitment to fostering a positive workplace culture, recently being certified as a Great Place to Work® [12]
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 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].