ClubCorp Holdings (MYCC) Reports Q1 Loss Per Share of 12c
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ClubCorp Reports Twelfth Consecutive Quarter of Growth, Announces Acquisition of Oakhurst Golf and Country Club and "The Collective" a New Club Concept
April 12, 2017 6:55 AM EDTFirst quarter revenue was $221.3 million, up 3.0%, net loss decreased $0.8 million to $7.5 million, and adjusted EBITDA was $43.7 million, up 4.2%ClubCorp acquires Oakhurst Golf and Country Club in Clarkston, MichiganClubCorp signs lease to open a new concept business / social club "The Collective" in Seattle, WashingtonThe Company's Board of Directors provides an update on its review of strategic alternatives by unanimously determining not to pursue a strategic transaction at this time. The Board's Strategic Review Committee will remain in place, and the Company will continue executing its three-pronged growth strategy focused on organic growth, reinvention and... More
