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Health and Fitness Club Industry News: Chains

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Pure Barre Selects Zimmerman to Stretch Growth Potential
Posted: May 10, 2017 in Chains

FORT LAUDERDALE, FL - Zimmerman Advertising has announced its partnership with Pure Barre, the largest barre fitness concept in North America. The 450 boutique studios offer an exceptionally effective total body workout loved by more than 550,000 fitness enthusiasts. The Pure Barre expansion plan projects having more than 1,000 studios open in the U.S., Canada and around the world by 2021. Doubling in size is a huge undertaking that propelled the search for the right marketing partner. Read More...

UFC Gym Set to Open New 42,000 Square-Foot Location in Huntington Beach on May 13
Posted: May 9, 2017 in Chains

SANTA ANA, CA - UFC GYM announced that the opening of its newest signature gym will be in Huntington Beach, California on Saturday, May 13. This 42,000 square-foot gym's grand opening festivities will begin at 8AM PT. As a signature gym, this location will be open 24 hours a day, seven days per week. Read More...

Award-Winning Owner Acquires Orangetheory Fitness Shelton Studio Amidst Accelerated Connecticut Growth
Posted: May 8, 2017 in Chains

BOCA RATON, FL - Orangetheory Fitness, the scientifically backed and fast-growing fitness franchise, announced multi-unit franchisee Mark Molina has acquired rights to the Shelton, Connecticut studio, which will grand reopen under his leadership at the end of May. This acquisition is part of Orangetheory Fitness' expansion plans to grow the brand's presence throughout the state of Connecticut, with a goal of doubling the company's studio count in the state by the end of 2017. Read More...

Gold’s Gym Experiences Strong First Quarter With Domestic And International Growth
Posted: May 3, 2017 in Chains

DALLAS, TX - Gold’s Gym, a trusted source on health and fitness, announced that, during the first quarter of 2017, it signed franchise agreements to open nine gyms in the U.S., with 23 additional locations currently under development in 12 countries internationally. These signings expand the brand’s presence in new and existing markets across the world, including Tennessee, New York, California and in nations such as Egypt and Australia. Gold’s Gym also opened 17 new locations both domestically and internationally, resulting in a total of 737 open gyms at the end of the first quarter. Read More...

Equinox Unveils New Location In Century City
Posted: May 3, 2017 in Chains

LOS ANGELES, CA - Equinox, a high performance lifestyle leader, announced the opening of its newest Southern California club in Century City. Expanded and located in the new Westfield center, the 30,000-square foot club combines the unparalleled service that Equinox offers at each of its 88 global locations with its own, distinctively “Hollywood” experience. Read More...

Planet Fitness, Inc. Announces First Quarter 2017 Results
Posted: May 2, 2017 in Chains

NEWINGTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its first quarter ended March 31, 2017. Total revenue increased from the prior year period by 9.3% to $91.1 million. System-wide same store sales increased 11.1%. Net income increased 9.3% to $17.9 million, or $0.14 per diluted share, compared to net income of $16.3 million, or $0.09 per diluted share in the prior year period. Adjusted net income increased 21.2% to $18.4 million, or $0.19 per diluted share, compared to $15.2 million, or $0.15 per diluted share in the prior year period. Adjusted EBITDA increased 23.3% to $42.3 million from $34.3 million in the prior year period. 54 new Planet Fitness stores were opened system-wide compared to 48 in the year ago period, bringing system-wide total stores to 1,367 at March 31, 2017. Read More...

Hundreds of Anytime Fitness Gyms to Host “May Free Workouts” to Keep America Moving
Posted: May 2, 2017 in Chains

WOODBURY, MN - Starting as a grassroots effort by a few Anytime Fitness gyms in 2015, "May Free Workouts" has grown into a nationwide campaign to promote physical activity. More than 700 gyms participated last year, with a similar number expected to host 2017 events. Activities in past years have included yoga sessions in the park, tug-of-war competitions, Zumba classes and kickboxing lessons. All workouts, designed for people of any fitness level, are led by Anytime Fitness personal trainers or gym staff members. Read More...

9Round Celebrates 500th Location
Posted: May 1, 2017 in Chains

GREENVILLE, S.C. - 9Round, a fast-growing kickboxing gym franchise, has opened its 500th location in Orlando, Florida. This opening showcases the brand's commitment to continued growth by bringing specialized kickboxing fitness training to new markets around the world. "We are thrilled to now be offering our kickboxing themed fitness program in 500 open locations around the world," said Shannon Hudson, Founder and CEO of 9Round. Read More...

UFC Gym Expands Arizona Footprint With Phoenix Grand Opening On Thursday, May 4
Posted: May 1, 2017 in Chains

PHOENIX, AZ - UFC Gym announced the grand opening of its new gym in Ahwatukee (Phoenix) on Thursday, May 4, from 4 PM - 9 PM PT. The 12,000-square foot facility serves as the second UFC GYM in the area, following the opening of the Tucson franchise late last year. Read More...

Town Sports International Holdings, Inc. Reports First Quarter 2017 Results
Posted: April 26, 2017 in Chains

NEW YORK, N.Y. - Town Sports International Holdings, Inc. (“TSI” or the “Company”) (NASDAQ: CLUB) reported financial results for its first quarter ended March 31, 2017. Total member count increased 7,000to 551,000 during Q1 2017 compared to an increase of 12,000 in Q1 2016. Membership monthly attrition averaged 3.9% per month in Q1 2017 compared to 3.5% per month in Q1 2016. Q1 2017 net loss was $2.9 million, or $0.11 loss per share, compared with Q1 2016 net loss of $6.9 million, or $0.28 loss per share. Adjusted EBITDA was $10.7 million in Q1 2017, an increase of 35.3% compared to Adjusted EBITDA of $7.9 million in Q1 2016. Read More...

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