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Life Time gears up to launch ten new clubs this year as it reveals strong results
US health and racquets club, Life Time, has raised its outlook for 2025 after unveiling its second quarter results.
Revenue increased by 14 per cent over the prior year quarter to US$761.5 million and net income was up by 36.6 per cent to US$72.1 million. This was attributed to continued member growth and more in-club spend, thanks to increased prices and higher member utilisation of services, especially personal training.
Four new clubs opened during the second quarter and as of 30 June there were 184 sites. For the fifth consecutive quarter positive cashflow was achieved.
Bahram Akradi, founder, chair and CEO, said: "We’re pleased with our second quarter results and the momentum we’re seeing in our business. Total visits, visits per membership and retention continued to achieve all-time highs.
“Our business performance, combined with the strength of our balance sheet and cashflow, positions us well to continue to grow, including modestly accelerated new club growth in 2026 from our robust club development pipeline."
For the full year, the company is planning to open 10 new clubs and has upped comparable centre revenue growth from 8.5-9.5 per cent to 9.5-10 per cent.
Life Time continues to innovate and recently announced the launch of its own AI coaching tool called L.AI.C , in partnership with Microsoft.
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