QUOTE AND NEWS
Benzinga  Mar 24  Comment 
On March 24, 2015, Town Sports International Holdings, Inc. (Nasdaq: CLUB) ("TSI" or the "Company") announced that the Board of Directors unanimously approved, effective immediately, the appointment of each of Martin J. Annese, Jason M. Fish, Mark...
Forbes  Mar 6  Comment 
In trading on Friday, sporting goods & activities shares were relative leaders, up on the day by about 1.4%.  Leading the group were shares of Life Time Fitness (LTM), up about 14.8% and shares of Town Sports International (CLUB) up about 2.9% on...
Forbes  Feb 23  Comment 
In trading on Monday, sporting goods & activities shares were relative laggards, down on the day by about 2.8%.  Helping drag down the group were shares of 500.com (WBAI), off about 17.8% and shares of Town Sports International (CLUB) down about...
Benzinga  Jan 12  Comment 
Town Sports International Holdings, Inc. (NASDAQ: CLUB) announced preliminary Q4 results Monday. Revenue for the fourth quarter is expected to come in at the higher end of the company’s previous guidance of $108.0 million to $109.0...
News.com.au  Dec 1  Comment 
CLUB Med is about to change hands. Meanwhile, Japan’s credit rating has been downgraded by Moody’s due to “rising uncertainty”.
Benzinga  Nov 26  Comment 
Imperial Capital initiated coverage on Town Sports International Holdings, Inc. (NASDAQ: CLUB) Wednesday with an In-Line rating and $7 price target. Analyst John O’Neil noted that the price target represented a “6 percent potential upside...




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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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