Reports Q3 revenue $782.65M, consensus $771.74M. Bahram Akradi, founder, chairman and CEO, stated: “Our third quarter results reflect strong execution and continued momentum across the business. Our growth strategy remains on track. Nearly all of next year’s planned 12 to 14 new clubs are currently under construction. Membership engagement continues to rise, and in-center performance remains robust. Supported by a solid balance sheet, low leverage, and strong cash generation, we are well positioned for continued growth.”
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LTH: