Life Fitness, Rosemont, Illinois, reported second quarter revenue of $229.8 million, marking a 32 percent increase from the same period in 2015, according to financials released on Thursday by parent company Brunswick Corp., Lake Forest, Illinois.
Sales increased in the quarter due to growth at health clubs and at local and federal governments, according to Brunswick. The increase in net sales to European and Asian businesses was called "solid" in the earnings presentation. The United States accounted for 56 percent of total Life Fitness sales with Europe accounting for 17 percent and the rest of the world accounting for 27 percent.
Life Fitness reported second quarter operating earnings of $24.1 million, which included restructuring and integration charges of $2.6 million. This compares with operating earnings of $23.2 million in the second quarter of 2015. The increase in operating earnings included benefits from higher sales, partially offset by increased investment in growth initiatives, an unfavorable impact from sales mix, and restructuring and integration costs associated with the