Life Time is getting paid more per member: average center revenue per membership rose 12% to $1,016, pushing results past expectations for a sixth straight quarter. Management raised full-year revenue guidance to $3.38 billion to $3.39 billion.
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Buy, Sell or Hold: Planet Fitness, Peloton, Xponential Fitness, or Life Time
The pandemic sent the personal fitness market on a roller coaster ride. With the lockdowns forcing gyms and fitness centers to close, home fitness equipment sales soared. The reopening of the economy…
Michael Dell Bets Big as He Puts 100% of His Money in Only 3 Stocks
Although Michael Dell is best known for being founder, chairman, and CEO of Dell Technologies (NYSE: DELL | DELL Price Prediction), the billionaire is also a big investor. His MSD Capital is…