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Bally Files Financials; Considers Sale or Merger

Published Monday, December 05, 2005

CHICAGO--The wait is now over. After a year-and-a-half quiet period and a deadline extension, Bally Total Fitness released its financial statements for 2004 and the first nine months of 2005. The company also restated its financials for 2000 through 2003. Visit the company's investor Web site to download the annual and quarterly reports. The company announced that it posted a $1.8 million net profit versus losses in 2003 and 2004. While the number of new members increased in 2005, the total members slipped 1 percent. In today's investor conference call, Paul Toback compared the process of ...

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