Life Time Group Holdings, Inc.: The Enhanced Member Retention & 3 Critical Factors Driving Our Optimism! 

Life Time Group Holdings, Inc. showcased a strong financial performance in the first quarter of 2024, although there were some mixed aspects within the results. The company reported a notable increase in total revenue, which rose by 16.8% to $596.7 million from the year earlier. This rise was predominantly fueled by a 19% growth in membership dues and enrollment fees and a 10.5% uptick in in-center revenue. These figures reflect Life Time’s ongoing efforts to expand its membership base, which grew by 5% to over 802,000 members, and increase membership engagement and spend.