Life Time Group Raises FY2025 Sales Guidance from $2.92B-$2.98B to $2.94B-$2.98B vs $2.95B Est
Author: Benzinga Newsdesk | May 08, 2025 06:52am
2025 Outlook
Full-Year 2025 Guidance
Percent
Year Ending
Year Ending
Year Ended
Change
December 31, 2025
December 31, 2025
December 31, 2024
(Using
(Guidance as of
($ in millions)
(Guidance)
(Actual)
Midpoints)
February 27, 2025)
Revenue
$2,940 – $2,980
$2,621.0
12.9 %
$2,925 – $2,975
Net Income
$286 – $293
$156.2
85.3 %
$277 – $284
Adjusted EBITDA
$792 – $808
$676.8
18.2 %
$780 – $800
Rent
$337 – $347
$304.9
12.2 %
$337 – $347
The Company is also reiterating or updating the following operational and financial guidance for full-year fiscal 2025:
Open 10 to 12 new centers.
Manage our net debt leverage ratio to remain at or below 2.00 times.
Comparable center revenue growth of 8.5% to 9.5%, increased from our previous expectations of 7% to 8%.
Adjusted EBITDA growth driven primarily by dues revenue growth and expanded operating leverage.
Rent to include non-cash rent expense of $35 million to $38 million.
Interest expense, net of interest income and capitalized interest, of approximately $80 million to $84 million, reflecting the positive impact of the interest rate swap agreement. Our previous expectations were $90 million to $94 million.
Provision for income tax rate estimate of 23%, revised down from the previous estimate of 27% to reflect the tax benefit realized on stock option exercises in the first quarter.
Cash income tax expense of $39 million to $41 million, which compares to our previous expectation of $58 million to $62 million and reflects the tax benefit discussed above.
Depreciation and amortization expense of $286 million to $294 million, reflecting the impact of asset acquisitions and the timing of certain capital expenditure initiatives. The previous expectations were $265 million to $273 million.
