Life Time Group Holdings Inc Stock Price, News & Analysis

Life Time (NYSE: LTH) has opened its eighth Atlanta location, Life Time North Druid Hills, on December 16, 2024. The new 65,000 square-foot facility, transformed from the former Athletic Club Northeast space, represents the company's first location in DeKalb County.

The facility features a resort-style outdoor area with a beach club, pool deck, and 12 racquet sport courts for pickleball and tennis. Indoor amenities include five boutique studios, dedicated training spaces, three indoor pickleball courts, a five-lane lap pool, and premium recovery facilities. The location offers nearly 150 weekly classes and includes features like LifeCafe, LifeSpa, Kids Academy, and executive-style dressing rooms with Atlanta's first cold plunge pool.

Life Time (NYSE: LTH) announces the completion of a significant transformation of its Highland Park athletic club, featuring a 20,800-square-foot expansion to be unveiled on December 7. The renovation of this 30-year-old facility increases the total space to 71,000 square feet and introduces new wellness experiences.

The transformed facility includes new features such as dedicated spaces for GTX and Ultra Fit Signature Group Training programs, an LT Recovery zone, LifeClinic chiropractic services, and a 3,000-square-foot Pilates studio offering 35 weekly classes. Additional improvements include four specialized studios, a refreshed Kids Academy, and updates to the LifeSpa.

This renovation is part of Life Time's broader investment strategy, with similar improvements completed at multiple locations in 2024, including facilities in Annapolis, Omaha, and Kingwood.

Life Time Foundation has announced enhancements to Green Onion, a complimentary digital nutrition software for K-12 schools. The platform helps school districts analyze food products at the ingredient level to identify and replace unwanted ingredients with healthier alternatives. The software, which goes beyond standard Nutrition Facts labels, flags ingredients of concern based on the Ingredient Guide for Better School Food Purchasing. Green Onion features a streamlined layout and receives real-time product data from suppliers via 1WorldSync, ensuring up-to-date information. Users can track progress towards eliminating unwanted ingredients commonly found in lower nutritional quality foods.

Life Time (NYSE: LTH) is expanding its digital fitness offerings by launching 100 new on-demand classes and additional meditations through its complimentary app. The release includes 50 immediate videos, with five new classes being added weekly. The classes range from 5-60 minutes and span multiple categories including strength, cardio, stretching, yoga, barre, and pilates. The expansion adds to Life Time's existing library of 130 digital on-demand videos and 175 weekly livestreamed classes. The new content features experienced instructors and includes alternative move demonstrations, enhanced music, and updated set designs.

Life Time (NYSE: LTH) has announced plans to open its second athletic country club in Boca Raton, Florida, located within the Uptown Boca mixed-use development. The 37,000 square-foot two-story facility is scheduled to open in late 2025. The new club will feature a fitness floor, group training spaces, multiple studios, luxurious locker rooms, and wellness amenities including a cold plunge, sauna, and steam room. This marks Life Time's sixth location in Florida, with additional expansion planned in Winter Park (2026) and Jacksonville (2027).

Life Time (NYSE: LTH) announces a free livestream event focusing on men's hormonal health, scheduled for Nov. 13 at Noon CT via the Life Time app. The panel features experts including Chief Science Officer James LaValle and MIORA Medical Director Dr. Gregory Pippert, who will discuss hormone balance optimization, common imbalance signs, and support strategies.

The event will cover key male hormones, nutrition, stress management, supplementation, and hormone replacement therapy (HRT). This initiative is part of Life Time's MIORA program, which offers personalized care plans including diagnostic blood draws, Metabolic Code assessments, and various treatment options such as peptides, bioidentical hormones, and IV therapies.

Life Time (NYSE: LTH) has launched LTH, a rebranded and expanded line of supplements and wellness products, responding to consumer demand for trusted health solutions. The launch comes as a survey reveals 71% of adults feel overwhelmed by supplement choices or confused by label information. The product line includes over 15 new items launched this year, featuring NOURISH multivitamin, REWIND Collagen Elixir, and REVIVE Colostrum Powder, with more products planned for 2025. All LTH products undergo rigorous third-party testing and are available in Life Time clubs, online, and via the Life Time app.

Life Time Group Holdings (NYSE: LTH) reported strong Q3 2024 financial results with total revenue increasing 18.5% to $693.2 million. Net income surged 422.5% to $41.4 million, while Adjusted EBITDA grew 26.1% to $180.3 million. The company's center memberships increased 5.4% year-over-year to 826,502, with average center revenue per membership rising 12.9% to $815. The company reduced its net debt leverage ratio to 2.4x and delivered positive operating cash flow. Life Time opened two new centers during Q3, bringing the total to 177 centers.

Life Time Group Holdings (NYSE: LTH) announced the pricing of an upsized private offering of $500 million in senior secured notes due 2031, increased from the initially planned $400 million. The notes will carry a 6.000% interest rate paid semi-annually. Concurrently, the company plans to secure a $1,000 million new term loan facility maturing in 2031. The proceeds will be used to refinance existing debt, including the 5.750% Senior Secured Notes and 8.000% Senior Notes due 2026, and repay revolving credit facility loans. The offering is expected to close on November 5, 2024.