Lifetime Fitness has deployed about half a billion dollars into pickleball at 120 of their more than 160 locations. Participation, they said, is up 10 fold in the past year. In quarter four of 2022, its return on invested capital was negative five and a half percent.
There are no style points in investing, and big brands continue to dominate teen spending habits.
(00:21) Dylan Lewis and Nick Sciple discuss: - Piper Sandler’s Generation Z survey about brands and spending. - Tailwinds for Ulta Beauty, Spotify, and Nike. - Investing in resale companies. - How the competitive landscape shifted for upstart brands.
(10:52) Ricky Mulvey and Sanmeet Deo look at two health trends for investors to watch. Companies discussed: NKE, SPOT, LULU, ULTA, WINA, TSX: ATZ, LTH, XPOF Host: Dylan Lewis Guests: Nick Sciple, Sanmeet Deo Producer: Ricky Mulvey Engineer: Dan Boyd
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