QUOTE AND NEWS
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...
TheStreet.com  Sep 12  Comment 
NEW YORK (TheStreet) -- Shares ofaTown Sports International Holdings, Inc. are up 5.44% to $6.54aon heavy trading volume after the company announced the completed sale of its Manhattan property to Monty Two East 86th Street Associatesafor $85.5...
Benzinga  Aug 21  Comment 
Town Sports International (NASDAQ: CLUB) trended up slightly Thursday after a hedge fund disclosed a 16 percent stake and said it would push the company to explore alternatives including a possible sale. Town Sports, which runs a string of...
StreetInsider.com  Aug 21  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/HG+Vora+Capital+Management+Files+13D+on+Town+Sports+%28CLUB%29/9773221.html for the full story.
SeekingAlpha  Aug 2  Comment 
By Ravi Ramenani: Having a Gym membership is like a carrying a condom in your wallet, you may never use it but you always want to have it. About 50M Americans actively participate or posses some kind of membership to health clubs which...
Benzinga  Jul 31  Comment 
EDAP TMS SA (NASDAQ: EDAP) shares slipped 39.77% to $2.06 following the FDA Panel rejection of Ablatherm-HIFU for the treatment of prostate cancer. eHealth (NASDAQ: EHTH) declined 31.03% to $21.83 after the company reported downbeat quarterly...
SeekingAlpha  Jul 30  Comment 
Town Sports International Holdings, Inc. (NASDAQ:CLUB) Q2 2014 Results Earnings Conference Call July 30, 2014 04:30 PM ET Executives Carolyn Spatafora - Chief Financial Officer Bob Giardina - Chief Executive Officer Dan Gallagher -...
TheStreet.com  Jul 1  Comment 
DELAFIELD, Wis. (Stockpickr) -- Whenever I see a large investor take a stake in a small-cap company, I perk up and pay full attention. Hedge fund operators and large asset managers don't just buy small-cap stocks on whim. They do a ton of...




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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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