Man Sues Life Time after Contracting Staph Infection
CHICAGO -- Life Time Fitness says a recent lawsuit by a man who says he contracted a staph infection after using one of the club’s hot tubs is without merit....
Life Time Continues to Cut Costs While Keeping Eye on Expansion
Chanhassen, Mn Like many public companies, Life Time Fitness has seen its stock price fluctuate wildly over the past several months. With a drop to as...
Life Time’s 2Q Results Generate Favorable Response
CHANHASSEN, MN -- Things are looking up for Life Time Fitness after the company released its second quarter 2009 financial results today....
Life Time Slows Down Growth as COO Leaves Company
Chanhassen, MN Life Time Fitness will open the last of its three new clubs for 2009 next month when the Chanhassen, MN-based company opens the long-delayed...
Life Time President, COO Gerend to Exit Company
CHANHASSEN, MN -- Life Time Fitness, Chanhassen, MN, announced today that President and Chief Operating Officer Michael J. Gerend will leave the company effective May 1....
Life Time Earnings Fall in First Quarter 2009
CHANHASSEN, MN -- As he has in recent financial results calls, Life Time Fitness CEO Bahram Akradi remained confident about his company’s future despite a 13.2 percent decrease in net income, which was announced Thursday during the company’s first quarter 2009 call with investor analysts....
Health Magazine Rates Equinox No. 1
NEW YORK -- In its April issue, Health magazine rated New York-based Equinox Fitness Clubs No. 1 in a survey of the healthiest fitness clubs in the United States....
Life Time Fitness CEO Remains Confident After Earnings Call and Cites Strong January for Company
Chanhassen, MN Life Time Fitness CEO Bahram Akradi expressed optimism about his company's club model during last month's conference call with analysts...
Life Time’s Akradi Remains Confident After 2008 Earnings Call
CHANHASSEN, MN -- Life Time Fitness CEO Bahram Akradi, along with CFO Mike Robinson, spelled out the highs and lows of their company during a year-end and fourth-quarter earnings call with analysts today. The highs included increased revenue, and the lows included decreased net income. However, Akradi remains confident in Life Time’s business model....
Life Time Announces Preliminary 2008 Results
CHANHASSEN, MN -- Life Time Fitness, Chanhassen, MN, had membership growth of 13.6 percent in 2008 compared to 2007, according to preliminary financial results announced today for the fourth quarter and full year ended Dec. 31, 2008. The company also announced preliminary expectations for 2009. ...
Life Time Lays Off 100, Receives Boost in Stock
Life Time Fitness will cut 100 jobs at its headquarters in Chanhassen, MN, as the company scales down its expansion plans....
Life Time Stock Gets Boost Despite Negative Report
CHANHASSEN, MN -- The stock of Life Time Fitness, which took a hit last week after a negative report from a stock market research company, received a boost this week after the purchase of the company's stock by Green Equity Investors, an affiliate of the $9 billion private equity firm Leonard Green and Partners....
Life Time Fitness Lays Off 100
CHANHASSEN, MN -- Life Time Fitness will cut 100 jobs at its headquarters in Chanhassen, MN, as the company scales down its expansion plans, according to multiple media outlets in the Twin Cities....
Life Time Fitness Slowing Its Growth
Even as Life Time Fitness announced continued growth in the third quarter, its CEO, Bahram Akradi, announced that the company would slow...
Life Time Continues its Growth in Third Quarter
CHANHASSEN, MN -- Life Time Fitness CEO Bahram Akradi said during an earnings call with analysts today that he is pleased with the company’s growth in the third quarter 2008. Yet Akradi spent little time on the biggest news of the company in the last two weeks: the sale of his shares of company stock....
