NEW YORK--(BUSINESS WIRE)--
Town Sports International Holdings, Inc. ("TSI" or the "Company")
(NASDAQ:CLUB) today announced that it is delaying its previously
announced quarterly conference call to discuss third quarter 2014
financial results, which was scheduled to be held on Wednesday, October
29. The call is being postponed solely as a result of the Company
continuing to analyze the accounting treatment for the sale of its East
86th Street property, which closed on September 12, 2014, in connection
with the preparation of the Company's financial statements for the
quarter ended September 30, 2014.
The Company will make a further announcement in a subsequent press
release to reschedule the date and time of the quarterly conference call
to review financial results, which the Company currently expects to be
held no later than Tuesday, November 11, 2014.
About Town Sports International Holdings, Inc.
New York-based Town Sports International Holdings, Inc. is a leading
owner and operator of fitness clubs in the Northeast and mid-Atlantic
regions of the United States and, through its subsidiaries, operated 163
fitness clubs as of June 30, 2014, comprising 109 New York Sports Clubs,
29 Boston Sports Clubs, 16 Washington Sports Clubs (two of which are
partly-owned), six Philadelphia Sports Clubs, and three clubs located in
Switzerland. These clubs collectively served approximately 488,000
members. For more information on TSI, visit http://www.mysportsclubs.com.
From time to time we may use our Web site as a channel of distribution
of material company information. Financial and other material
information regarding the Company is routinely posted on and accessible
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Town Sports International Holdings, Inc., New York
Joseph Teklits/Farah Soi, 203-682-8200
Source: Town Sports International Holdings, Inc.
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