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Industry Focus

CG: Life Time is Getting Back in Shape

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 9 November 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

After a dismal quarter from Peloton, investors seem convinced that fitness trends may be shifting back to pre-pandemic norms. Life Time Fitness is looking to capitalize on this sentiment by attracting members back to its resort-like gyms. However, does this old company revisiting public markets have the financial fortitude for your portfolio? Join Asit Sharma and Emily Flippen as they discuss in today’s show.

Stocks: Life Time Group Holdings (NYSE: LTH)

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Transcript

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0:00.0

Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

0:11.0

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today

0:16.0

we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.

0:20.4

And we're talking energy. And today we're talking tech.

0:23.7

Let's dive in.

0:26.8

Welcome to Industry Focus.

0:28.4

Today is Tuesday, November 9th, and I'm your Consumer Goods

0:31.1

host, Emily Flippin. Today I am joined by Motley Fool's senior analyst to Osit Sharma

0:36.0

and we're going to be talking about lifetime fitness. It's an old company headed back to public markets after more than six years of being private.

0:44.3

Osset, thank you so much for joining.

0:46.1

Emily, thank you for having me.

0:47.7

It feels like I've waited a lifetime to talk about this company.

0:51.4

It is an interesting business and you know I grew up in

0:55.6

Texas where there were a decent number of lifetime fitnesses but I was

0:59.6

surprised when I moved away for college and subsequent jobs just how as a sparse lifetime

1:06.6

fitness locations are so I'm willing to take a bet that there are a lot of people

1:10.3

listening who maybe have no idea how a lifetime gym, which they do operate a chain of fitness centers, how a lifetime gym is different than an existing gym, whereas other listeners are probably saying, oh man, I love Lifetime.

1:23.3

I've been a member for years, but whichever way it falls,

1:26.8

it should be an interesting conversation.

1:28.6

Yeah, I think I'm in the half of folks

1:31.1

who know about Lifetime Fitness, but maybe there's a third group there who

1:36.0

sort of understand it because there's one near them, but aren't really members.

...

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