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Last $2.78 USD
Change Today -0.04 / -1.42%
Volume 11.7K
CLUB On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GM
As of 1:58 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

town sports international (CLUB) Snapshot

Open
$2.82
Previous Close
$2.82
Day High
$2.86
Day Low
$2.73
52 Week High
01/12/15 - $7.69
52 Week Low
06/15/15 - $2.54
Market Cap
68.4M
Average Volume 10 Days
205.2K
EPS TTM
$-3.08
Shares Outstanding
24.6M
EX-Date
11/11/14
P/E TM
--
Dividend
--
Dividend Yield
--
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 March 31, 2015 the company operated 158 fitness clubs comprising 107 New York Sports Clubs, 30 Boston Sports Clubs, 13 Washington Sports Clubs, 5 Philadelphia Sports Clubs, and 3 clubs located in Switzerland, as well as 2 BFX Studios. 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 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. Announces Management Changes

Town Sports International Holdings Inc. announced that the company’s President and Chief Executive Officer Dan Gallagher is leaving the company, effective June 19, 2015. Patrick Walsh, Chairman of the board of directors, will serve as Executive Chairman while the board conducts a search for Mr. Gallagher’s successor.

Town Sports International Brings its Boutique Brand to Boston

Town Sports International announced the expansion of its boutique brand, BFX Studio, with the opening of its first Boston location at 699 Boylston Street. The launch of BFX Studio Back Bay follows the success of two locations already open in New York City'sFinancial District and Chelsea section of Manhattan. Sleek architectural details are a trademark of the 10,000-square-foot space which features unique equipment and a new training approach which continues to re-define boutique fitness. Like its first two locations in New York, BFX Studio Back Bay brings a signature cross-training approach to the boutique studio scene with three studios housed under one roof: indoor cycling, group exercise and personal training. BFX Studio's interior design is a testament to that. Its Ride Republic studio is half a platform stadium-style room and half a high-intensity training floor. Its Master Class studio easily converts from strict high-intensity training, to a barre or boxing space. BFX Studio Back Bay also features wearable, performance-based technology and exclusive fitness assessment tools like Fit3D and DMX STRENGTH which take keeping track of training results to a new level. The new location also features high-end locker room accommodations, luxury shower amenities, a wide range of classes as well as digital perks such as electronic check-in and free WiFi.

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.

 

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