Town Sports International Holdings (CLUB)
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Town Sports Gets Clubbed
SeekingAlpha  Feb 22  Comment 
By Mike Arnold: Executive summary: A challenging competitive environment is too heavily discounted in shares of Town Sports International Holdings. The market is disregarding positive recent catalysts, including an $82 million sale of...
UPDATE: Piper Jaffray Downgrades Town Sports International on Little Reason for Optimism
Benzinga  Feb 20  Comment 
In a report published Thursday, Piper Jaffray analyst Sean P. Naughton downgraded the rating on Town Sports International (NASDAQ: CLUB) from Overweight to Neutral, and lowered the price target from $15.00 to $9.00. In the report, Piper Jaffray...
Town Sports International Holdings' CEO Discusses Q4 2013 Results - Earnings Call Transcript
SeekingAlpha  Feb 20  Comment 
Town Sports International Holdings Inc. (CLUB) Q4 2013 Results Earnings Conference Call February 19, 2014 4:30 PM ET Executives Dan Gallagher - President, COO and CFO Bob Giardina - Chief Executive Officer Analysts Sean...
'DALLAS BUYERS CLUB,' 'JACKASS PRESENTS: BAD GRANDPA,' and 'THE WALKING DEAD' Among Make-Up Artist Winners at the Make-Up Artists and Hair Stylists Guild Awards
DailyFinance  Feb 16  Comment 
LOS ANGELES, CA -- (Marketwired) -- 02/16/14 -- MUAHS photography available by clicking HERE. The Make-Up Artists and Hair Stylists Guild tonight announced winners of its Make-Up Artists and Hair Stylists awards in 14 categories of...
Update On Town Sports: Competition Elevates Risk
SeekingAlpha  Jan 16  Comment 
By Implied Value: A lot has happened since I first featured Town Sports International (CLUB) on Nov 12, 2013. This article will be provide an update on new developments as well as my revised view on the stock. In short, while I believe shares are...
Town Sports International Holdings, Inc. Promotes Daniel Gallagher to President and Chief Operating Officer
DailyFinance  Jan 10  Comment 
Town Sports International Holdings, Inc. (“TSI” or the “Company”) (NASDAQ:CLUB) today announced the promotion of Daniel Gallagher from Chief Financial Officer to President and Chief Operating Officer. In his new role,...
Town Sports International Holdings, Inc. Announces Participation in the 16th Annual ICR XChange Conference
DailyFinance  Dec 30  Comment 
Town Sports International Holdings, Inc. (NASDAQ: CLUB), a leading owner and operator of health clubs located primarily in major cities from Washington, DC north through New England, today announced that management will...
Town Sports International Signs Deal to Sell New York City Property for $82 Million
DailyFinance  Dec 24  Comment 
Town Sports International Holdings, Inc. (Nasdaq:CLUB), the owner and operator of New York Sports Clubs, is pleased to announce the entry into an agreement to sell its property located at 151 East 86th Street, New York to an...
Town Sports (CLUB) Sells NYC Building for $82M
StreetInsider.com  Dec 24  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Town+Sports+%28CLUB%29+Sells+NYC+Building+for+%2482M/9006706.html for the full story.




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New York based Town Sports International Holdings (NASDAQ: CLUB) is one of the two leading owners and operators of fitness clubs in the Northeast and Mid-Atlantic regions of the United States and the third largest fitness club operator in the United States, in each case as measured by the number of clubs. The company operates under the brand names of New York Sports Clubs, Boston Sports Clubs, Washington Sports Clubs, and Philadelphia Sports Clubs. The company also operates three clubs in Switzerland.

Growth Strategy

Town Sports International Holdings uses a "clustering' strategy within its key markets which offers its members the convenience of working out no matter where they are; near home or work. Additionally, in its primary markets (especially New York), the company's strong foothold offers a significant competitve advantage through real estate related barriers to entry.

Industry

The health club industry is a relatively fragmented marketplace that is growing rapidly. In the last decade, the industry has grown sales approximately 7.5% per year and serves more than 40 million members (according to the International Health, Raquet & Sportsclub Association).

References

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