Health and Fitness Club Industry News: Chains
Saturday, April 18th, 2026
ClubCorp Reports Sixth Consecutive Year of Record Results, and Announces Acquisition of North Hills Country Club
Posted: February 22, 2017 in Chains
DALLAS, TX - ClubCorp - The World Leader in Private Clubs (NYSE:MYCC) - announced financial results for its fiscal-year 2016 fourth quarter ended December 27, 2016. The fourth quarter of fiscal 2016 and fiscal 2015 consisted of 16 weeks. Fiscal 2016 and fiscal 2015 consisted of 52 weeks. All comparisons are year-over-year. Fiscal 2016 revenue was $1.1 billion, up 3.4%, net income increased $13.6 million to $4.0 million, and adjusted EBITDA was $247.7 million, up 6.2%; Fourth quarter revenue was $345.3 million, up 4.1%, net income increased $11.7 million to $5.4 million, and adjusted EBITDA was $83.3 million, up 4.7%; ClubCorp acquires North Hills Country Club in Glenside, Pennsylvania. Read More...
ClubCorp Charity Classic Raises Record-Breaking $3,053,312
Posted: February 15, 2017 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE:MYCC) – announced that, through its Charity Classic events, the company raised $3,053,312 in 2016, breaking its previous all-time fundraising record set in 2015. The Charity Classic, ClubCorp’s major philanthropic effort benefiting over 100 national and local charitable organizations, Augie’s Quest/ALS Therapy Development Institute and ClubCorp’s E.P.C.F., has now raised more than $20.3 million since its inception in 2007. Read More...
ClubCorp Acquires Eagle’s Nest Country Club
Posted: February 8, 2017 in Chains
DALLAS, TX - ClubCorp – The World Leader in Private Clubs (NYSE:MYCC) – announces the acquisition of Eagle’s Nest Country Club, a premier member-owned country club located in Maryland, just north of Baltimore. ClubCorp plans to spend more than $1 million on capital projects that will bring new amenities, improvements and upgrades to the club. Read More...
ClubCorp Reviewing Strategic Alternatives
Posted: January 12, 2017 in Chains
DALLAS, TX - ClubCorp Holdings, Inc. - The World Leader in Private Clubs (NYSE:MYCC) - announced that the Board of Directors has established a Strategic Review Committee, which, with the assistance of financial advisors, is reviewing and evaluating alternatives to further enhance shareholder value. Read More...
ClubCorp Reports Tenth Consecutive Quarter of Growth, Narrows Full Year Outlook, and Initiates Strategy to Reduce Leverage
Posted: October 13, 2016 in Chains
DALLAS, TX - ClubCorp -- The World Leader in Private Clubs (NYSE: MYCC) -- announces financial results for its fiscal-year 2016 third quarter ended September 6, 2016. The third quarter of fiscal 2016 and fiscal 2015 consisted of 12 weeks. Year-to-date results of fiscal 2016 and fiscal 2015 consisted of 36 weeks. All growth percentages refer to year-over-year progress. Third quarter revenue was $259.3 million, up 1.6% due to increases in dues and food and beverage revenue. Third quarter net income was $1.2 million. Third quarter adjusted EBITDA was $59.0 million, up 7.5%. Read More...
Clubcorp CEO, Eric Affeldt, To Be Inducted Into Hospitality Industry Hall of Honor
Posted: September 15, 2016 in Chains
HOUSTON, TX - Eric Affeldt, CEO of ClubCorp, a world leader in private golf and country clubs, will be inducted into the Hospitality Industry Hall of Honor this year at the University of Houston Conrad N. Hilton College of Hotel and Restaurant Management. The Hall of Honor, housed at Hilton College, was created in 1996 to recognize industry leaders who have made extraordinary contributions to American and international business and society. Read More...
ClubCorp Acquires Heritage Golf Club
Posted: August 31, 2016 in Chains
DALLAS, TX - ClubCorp -- The World Leader in Private Clubs (NYSE: MYCC) -- announces the acquisition of Heritage Golf Club, a premier private country club in Hilliard, Ohio, just west of Columbus. ClubCorp plans to spend more than $1 million on improvements to the clubhouse, golf course and practice facilities. Read More...
ClubCorp Announces Sponsorship of PGA Tour Professional Austin Connelly
Posted: August 8, 2016 in Chains
DALLAS, TX - ClubCorp -- The World Leader in Private Clubs (NYSE: MYCC) -- announced a sponsorship with rising star Austin Connelly, playing in his first year as a professional and competing in this weekend's John Deere Classic on the PGA TOUR. Connelly, just 19 years old, learned the game as a junior golfer at Hackberry Creek Country Club, a member of the ClubCorp family of clubs. Read More...
ClubCorp Reports Strong Second Quarter Results, Announces Promotion of Mark Burnett to President and Announces Deal to Manage a New Business Club Atop of One World Trade Center in New York City
Posted: July 14, 2016 in Chains
DALLAS, TX - ClubCorp -- The World Leader in Private Clubs (NYSE: MYCC) -- announced financial results for its fiscal-year 2016 second quarter ended June 14, 2016. The second quarter of fiscal 2016 and fiscal 2015 consisted of 12 weeks. Year-to-date results of fiscal 2016 and fiscal 2015 consisted of 24 weeks. All growth percentages refer to year-over-year progress. Second quarter revenue was $269.0 million, up 2.0% due to solid increases in dues and F&B revenue; Second quarter net income was $5.8 million, up $6.0 million; Second quarter adjusted EBITDA was $63.3 million, up 5.3%; ClubCorp Promotes Mark Burnett to President and COO; ClubCorp signs management deal to operate a new Business Club in NYC; Read More...
ClubCorp Announces Its Eighth Straight Quarter of Record Results
Posted: April 27, 2016 in Chains
DALLAS, TX - ClubCorp -- The World Leader in Private Clubs (NYSE: MYCC) -- announced financial results for its fiscal-year 2016 first quarter ended March 22, 2016. The first quarter of fiscal 2016 and fiscal 2015 consisted of 12 weeks. All growth percentages refer to year-over-year progress: First quarter revenue was $214.9 million, up 6.3% due to solid increases in dues, F&B and golf ops revenue; First quarter adjusted EBITDA was $42.1 million, up 8.2%; ClubCorp reiterates 2016 adjusted EBITDA expected to be between $242 and $252 million. Read More...
