Welcome to our dedicated page for Life Time Group Holdings news (Ticker: LTH), a resource for investors and traders seeking the latest updates and insights on Life Time Group Holdings stock.
Life Time Group Holdings, Inc. (NYSE: LTH) generates a steady flow of news as it expands and evolves its position as a healthy lifestyle brand and operator of athletic country clubs. Company announcements frequently highlight new club openings, program launches, expert guidance on wellness topics, and updates on its broader ecosystem of digital tools, events, and supplements.
Recent news has showcased Life Time’s continued physical expansion, with new destinations such as Life Time South Lamar in Austin, Life Time West Boca in Florida, and Life Time Otay Ranch in Chula Vista. These stories detail how each club blends performance training spaces, recovery amenities, social environments, and, in some cases, adults-only or boutique formats tailored to local communities.
Life Time also issues news on its training and programming innovations. For example, the company has announced the nationwide expansion of CTR (Core. Tone. Reform.), a Pilates-inspired reformer workout, and the return of the LT Games hybrid athlete competition in Minneapolis. These updates illustrate how Life Time uses branded formats and events to engage both members and non-members.
In addition, Life Time news features expert commentary on topics such as creatine supplementation and strategies for managing daylight saving time changes, often tying these insights to its LTH supplement line and broader healthy living philosophy. Financial news, including quarterly results and outlook updates, provides insight into membership trends, new club pipelines, and capital investments.
This page aggregates such coverage so readers can follow Life Time’s club openings, program expansions, wellness guidance, and financial disclosures in one place. Investors, members, and observers can use this feed to monitor how the company is developing its athletic country club network and related offerings over time.
Life Time Group Holdings reported robust financial results for Q4 and FY 2022, showing a marked revenue increase of 31.1% to $472.7 million in Q4 and 38.3% to $1.82 billion for the year. The company attributed this growth to increased memberships and center usage. Net income rose significantly to $13.7 million, compared to a loss of $304.8 million in Q4 2021. Adjusted EBITDA surged by 122.9% to $107 million in Q4. The company plans to open 10 new centers in 2023 and anticipates first-quarter revenue of $505-$510 million, reflecting a 29% increase year-over-year.
Life Time (NYSE: LTH) has launched a 50,000-square-foot luxury athletic country club in Scottsdale, Arizona, enhancing Macerich's redevelopment efforts at Scottsdale Fashion Square. This facility features a rooftop beach club, advanced fitness offerings, and exclusive amenities aimed at promoting a healthy lifestyle. With a total of seven locations in Arizona since entering the market in 2003, Life Time emphasizes high-end experiences in fitness and wellness. The new club includes state-of-the-art equipment, dedicated fitness studios, and a spa, catering to those seeking premium health and wellness options.
Life Time Group Holdings, Inc. (NYSE: LTH) announced the successful closing of a sale-leaseback transaction for $33 million as part of its ongoing strategy to execute $300 million in such transactions in 2023. The latest agreement involves a non-binding letter of intent for an additional $45 million sale-leaseback with an institutional investor, set to conclude by May 2023. The company's efforts are focused on leveraging proceeds from these transactions to foster growth opportunities and enhance its balance sheet.
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Life Time (NYSE: LTH) announced its exciting lineup for 2023, featuring over 25 athletic events including cycling, running, and triathlons across 11 states. New additions include the Little Sugar MTB, complementing the Big Sugar Gravel weekend. The Life Time Grand Prix presented by Mazda will showcase seven iconic gravel and mountain bike events, with a total prize purse of $250,000 for competing athletes. Events like the Chicago Half Marathon and Miami Marathon will also see participant engagement rise. These events enhance Life Time's mission to promote healthy living and community involvement.
On February 23, 2023, Life Time Group Holdings (NYSE: LTH) announced its participation in the BofA Securities 2023 Consumer & Retail Conference, scheduled for March 14-15, 2023, at Hotel South Beach, Miami Beach, Florida. Key leaders, including Founder and CEO Bahram Akradi and CFO Bob Houghton, will engage in a fireside chat on March 14 at 3:30 PM ET. Additionally, a tour and dinner will showcase the new Life Time Coral Gables development, featuring a luxury athletic club and premium coworking spaces. Interested investors can reserve spots through the Investor Relations team.
Life Time (NYSE: LTH) has unveiled Manhattan's first permanent indoor pickleball courts at Life Time Sky, a luxury athletic club. Officially opened on February 20, 2023, the facility boasts a 9,500-square-foot space, featuring two pickleball courts and an Alpha training area for strength and metabolic conditioning. Life Time continues its expansion in New York City, aiming to grow its pickleball presence, currently with nearly 500 courts nationwide and plans to exceed 1,000 by the end of 2024. The club provides open court time, classes, and advanced training led by top instructors, enhancing its offerings for health and fitness enthusiasts.
Life Time (NYSE: LTH) is solidifying its position in the growing pickleball market by hosting nine major tournaments in 2023 in partnership with Major League Pickleball and the Professional Pickleball Association. Starting from February 23-26 with the PPA Indoor National Championships in Lakeville, Minn., the events will attract thousands of players and fans across multiple locations, including Charlotte, N.C., and San Clemente, Calif. Life Time has nearly 500 permanent courts and aims to exceed 1,000 by the end of 2024, as it seeks to become the premier destination for pickleball in the U.S.
Life Time Group Holdings, Inc. (NYSE: LTH) will release its financial results for the fourth quarter and full year ended December 31, 2022, on March 8, 2023, before market open. A conference call is scheduled for 8:30 a.m. ET to discuss these results. Investors can participate by dialing 877-451-6152 (U.S.) or 1-201-389-0879 (International) approximately 10 minutes before the call starts. A live audio webcast will be available at https://ir.lifetime.life. Life Time operates over 160 athletic clubs in the U.S. and Canada, focusing on promoting a healthy lifestyle.
Life Time Group Holdings (NYSE: LTH) announced the signing of non-binding letters of intent for the sale-leaseback of two properties, totaling approximately $78 million. The first transaction is expected to close by March 31, 2023, for about $33 million, while the second, currently under construction, aims for completion by September 30, 2023, with gross proceeds of $45 million. These transactions are part of Life Time's strategy to enhance its balance sheet and support growth opportunities, leveraging established relationships with institutional investors.