Health and Fitness Club Industry News: Chains
Saturday, May 18th, 2024
ClubCorp Reports Record First Quarter Results, Raises 2015 Outlook and Announces Multi-Year Drive to $300 Million Adjusted EBITDA
Posted: April 30, 2015 in Chains
DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE: MYCC) - announced financial results for its fiscal-year 2015 first quarter ended March 24, 2015. The first quarter of fiscal 2015 and fiscal 2014 consisted of 12 weeks. All growth percentages refer to year-over-year progress. Read More...
ClubCorp Completes Acquisition of Multi-Club Portfolio
Posted: April 7, 2015 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) – announced it has completed its acquisition of a multi-club portfolio of six golf clubs further increasing its portfolio of private clubs. The acquisition includes four private clubs, one semi-private club and one public golf club – adding 171 holes of golf in already established ClubCorp markets throughout the Southeast United States. Read More...
ClubCorp Announces Agreement to Acquire a Collection of Six Golf Clubs
Posted: March 23, 2015 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) – announced agreements have been signed to acquire a multi-club portfolio of six golf clubs for a combined purchase price of just under $44 million. The sellers are Stratford Golf Partners and Accord Golf Capital and the acquisition will be funded from existing liquidity. This acquisition includes four private clubs, one semi-private club and one public golf club – adding 171 holes of golf in already established ClubCorp markets throughout the Southeast United States. Read More...
ClubCorp Delivers Record Full Year Results Ahead of Long-Term Growth Objective
Posted: March 12, 2015 in Chains
DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE: MYCC) - announces its fiscal-year 2014 financial results for the fourth quarter and full-year ended December 30, 2014. Read More...
ClubCorp Announces the Acquisition of Rolling Green Country Club in Chicago
Posted: January 20, 2015 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) announces the acquisition of Rolling Green Country Club in Arlington Heights, Illinois, the company's second purchase this year of a private golf and country club in northwestern Chicago. ClubCorp plans a $1.5 million-dollar reinvention project at Rolling Green that will include renovations and upgrades to the golf course, clubhouse and pool complex. Read More...
ClubCorp Announces the Acquisition of Ravinia Green Country Club in Chicago
Posted: January 13, 2015 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs® (NYSE: MYCC) announces the acquisition of Ravinia Green Country Club, a private, previously member-owned club in upscale Riverwoods, Illinois, located 30 minutes north of Chicago in the North Shore. The acquisition marks the first country club in the Chicago area for ClubCorp, which currently owns and operates The Mid-America Club in the Aon Center and The Metropolitan Club in Willis Tower in downtown Chicago. ClubCorp plans a million-dollar reinvention project that will include renovations and upgrades to the golf course, clubhouse and pool complex. Read More...
ClubCorp Announces 2015 Outlook and Reinvention Capital; Reports on Board’s Analysis of REIT Options
Posted: December 8, 2014 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) today disclosed management's outlook for 2015, which reflects expectations of strong same-store growth, continued returns from the company's reinvention strategy and continued growth from the revenue and cost synergies of acquisitions, including the acquisition of Sequoia Golf. Read More...
ClubCorp Announces the Acquisition of Oro Valley Country Club
Posted: December 4, 2014 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) announces the acquisition of Oro Valley Country Club, a private previously member-owned club located in northwest Tucson at the base of the Santa Catalina Mountains. ClubCorp plans a million-dollar reinvention project that will include improvements to the golf course, clubhouse and outdoor patio. Read More...
ClubCorp Announces Increase in Its Quarterly Cash Dividend by 8%
Posted: December 3, 2014 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) today announced its Board of Directors has approved an 8% increase to its quarterly dividend. The increase will result in an annual cash dividend of $0.52 per share from $0.48 per share today. As a result, the Board of Directors has declared the Company's next quarterly cash dividend of $0.13 per share will be payable on January 15, 2015 to all common stockholders of record at the close of business on January 2, 2015. Read More...
ClubCorp Holdings, Inc. to Host Analyst Meeting
Posted: December 1, 2014 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE: MYCC) today announced that management will host an Analyst Meeting on December 10th in Dallas, Texas. The event will feature presentations by the company's management team, and is designed to provide investors and analysts an opportunity to experience ClubCorp's clubs and properties, while providing investor discussions and engagement about the Company's strategy and business. Read More...
