Health and fitness club chain Life Time Group (LTH) posts a fourth-quarter earnings beat on the top and bottom line as it seeks to expand its North American locations and grow membership
Life Time CEO Bahram Akradi joins Yahoo Finance to discuss the gym operator's growth outlook.
"Life Time has always focused at the higher end of a leisure brand, and then we focus being on as much a subscription business as possible," Akradi says, adding: "Our members are using the club about... 12 and a half, 13 times per month. It's a deeply used subscription. The retention rates are at all-time highs"
Akradi also shares his perspective on GLP-1 weight-loss drugs and their presence within the health and wellness space.
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Editor's note: This article was written by Luke Carberry Mogan.