Form 8-K TOWN SPORTS INTERNATIONA For: Mar 07

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AAPL
2. AMD
3. PLTR
4. CRWD
5. VRTX
6. DOX
7. CHKP
8. ON
9. SPY
10. EL

Go back to Form 8-K TOWN SPORTS INTERNATIONA For: Mar 07

S&P Downgrades Town Sports Int'l (CLUB) to 'SD'; Debt Repurchase = Distressed Restructuring

March 8, 2016 10:57 AM EST

Standard & Poor's Ratings Services said it lowered its corporate credit rating on Town Sports International Holdings Inc. (Nasdaq: CLUB) to 'SD' from 'B-'. We also lowered our issue-level rating on subsidiary Town Sports International LLC's term loan due 2020 to 'D' to reflect the distressed restructuring that we view as tantamount to default. We expect that the issue-level rating on the term... More

Town Sports Int'l (CLUB) Posts Q4 GAAP EPS of $3.47

March 7, 2016 4:05 PM EST

Town Sports Int'l (NASDAQ: CLUB) reported Q4 EPS of $3.47, which may not compare with the analyst estimate of ($0.27). Revenue for the quarter came in at $100.8 million versus the consensus estimate of $102.7 million.

Member Count Adjustment:

We added 64,000 net members in the... More