The Sports Club Co. Revenues Down
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LOS ANGELES -- The Sports Club Co. Inc. had a decrease in revenues in the third quarter.
In financial results announced Wednesday, the company’s third quarter revenues were $13.3 million compared to $15.5 million in the third quarter 2008, a decrease of 13.9 percent.
For the nine months ended Sept. 30, 2009, the company reported revenues of $41.4 million compared to $47.9 million in the first nine months of 2008, a decrease of 13.3 percent.
The Sports Club Co., Los Angeles, operates and owns luxury sports and fitness facilities under the name The Sports Club/LA and is traded on the Pink Sheets.
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