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Last $3.36 USD
Change Today -0.05 / -1.47%
Volume 78.1K
CLUB On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GM
As of 8:10 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

town sports international (CLUB) Snapshot

Open
$3.39
Previous Close
$3.41
Day High
$3.44
Day Low
$3.30
52 Week High
01/12/15 - $7.69
52 Week Low
05/27/15 - $3.27
Market Cap
82.7M
Average Volume 10 Days
123.8K
EPS TTM
$-3.08
Shares Outstanding
24.6M
EX-Date
11/11/14
P/E TM
--
Dividend
--
Dividend Yield
4.76%
Current Stock Chart for TOWN SPORTS INTERNATIONAL (CLUB)

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town sports international (CLUB) Details

Town Sports International Holdings, Inc., together with its subsidiaries, owns and operates fitness clubs in the Northeast and Mid-Atlantic regions of the United States. It offers special purpose rooms for group fitness classes; and other exercise programs, as well as accommodates cardiovascular and strength-training equipment. The company also provides amenities, including swimming pools, racquet and basketball courts, babysitting services, and pro-shops; and fee-based programs services, which comprise personal training, small group training, children’s programs, and other signature classes for adult members. It sells its memberships through direct sales, corporate and group sales, and call center, as well as through its online Website. As of December 31, 2014, the company operated 158 fitness clubs comprising 107 New York Sports Clubs, 30 Boston Sports Clubs, 13 Washington Sports Clubs, 5 Philadelphia Sports Clubs, 3 clubs located in Switzerland, and 1 BFX Studio. Town Sports International Holdings, Inc. was founded in 1973 and is based in New York, New York.

3,200 Employees
Last Reported Date: 02/27/15
Founded in 1973

town sports international (CLUB) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $384.8K
Chief Financial Officer
Total Annual Compensation: $261.7K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $344.5K
Chief Information Officer and Senior Vice Pre...
Total Annual Compensation: $330.1K
Senior Vice President of Human Resources
Total Annual Compensation: $279.4K
Compensation as of Fiscal Year 2014.

town sports international (CLUB) Key Developments

Town Sports International Holdings Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Impairment of Fixed Assets; Provides Capital Expenditures Guidance for the Full Year Ending December 31, 2015

Town Sports International Holdings Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, total revenues were $111,424,000 against $115,903,000 a year ago. Operating loss was $7,941,000 against $2,104,000 a year ago. Net loss was $12,764,000 against $3,515,000 a year ago. Basic and diluted loss per share was $0.52 against $0.15 a year ago. Net cash provided by operating activities was $25,477,000 against $14,398,000 a year ago. Capital expenditures were $6,383,000 against $7,185,000 a year ago. EBITDA was $4,344,000 against $10,295,000 a year ago. Adjusted EBITDA was $6,848,000 against $14,055,000 a year ago. Cash position was $110.8 million for a net debt level of $196.7 million compared to a net debt level of $214.8 million as of December 31, 2014. For the quarter, the company reported impairment of fixed assets of $1,137,000 against $3,623,000 a year ago. For the full year ending December 31, 2015, the company currently plan to invest $30.0 million to $34.0 million in capital expenditures. This amount includes approximately $7.0 million to $8.0 million related to planned 2015 openings, including one club and one BFX Studio location that both opened in mid-March, and two future BFX Studio locations. Total capital expenditures also includes approximately $16.0 million to $18.0 million to continue enhancing or upgrading existing clubs and approximately $4.0 million to $5.0 million principally related to major renovations at certain clubs. The company also expect to invest approximately $3.0 million to continue to enhance management information and communication systems. The company expects these capital expenditures to be funded by cash flow from operations and available cash on hand.

Town Sports International Holdings Inc., Q1 2015 Earnings Call, May 05, 2015

Town Sports International Holdings Inc., Q1 2015 Earnings Call, May 05, 2015

Town Sports International Holdings Inc. Announces Board Changes

Town Sports International Holdings Inc. announced the resignation of Paul Arnold, Rice Edmonds, John Flood III and Kevin McCall as board members, and the appointment of Martin Annese, Jason Fish, Mark McEachen, Patrick Walsh and Spencer Wells as members of the board. The changes in the Board were made in accordance with two separate agreements by the company that together involve its three large shareholders, HG Vora Capital Management, PW Partners Atlas Fund III LP and Farallon Capital Management, L.L.C. In connection with the appointments, the Board increased its size from seven to eight directors, effective immediately. Further, the company has agreed to include each of Messrs. Annese, Fish, McEachen, Walsh and Wells, along with incumbent directors Robert J. Giardina, Thomas J. Galligan III, and Bruce C. Bruckmann, in the company's slate of director nominees for the 2015 annual meeting of shareholders. As a result of the transactions Robert Giardina's retention agreement, Mr. Giardina's employment with the company will be terminated as of March 27, 2015. Mr. Giardina's service as a member of the Board shall continue, and he will be treated as a non-employee director.

 

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CLUB Competitors

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Company Last Change
Central Sports Co Ltd ¥2,299 JPY +16.00
Groupe Fnac €61.08 EUR -0.62
Life Time Fitness Inc $71.90 USD -0.12
Renaissance Inc ¥1,287 JPY -1.00
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Industry Analysis

CLUB

Industry Average

Valuation CLUB Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales NM Not Meaningful
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