Joint Corp Stock Price, News & Analysis

The Joint Corp. (NASDAQ: JYNT) announces the appointment of Krischelle Tennessen as Chief Human Resources Officer. Reporting to CEO Peter D. Holt, she will focus on enhancing organizational growth and talent recruitment. Tennessen brings nearly 30 years of experience, previously serving as senior vice president at Five Below, where she supported significant expansion. With over 800 locations, The Joint Chiropractic is a leader in providing affordable chiropractic care, generating nearly 11 million patient visits annually and earning recognition on top business lists.

The Joint Corp. (NASDAQ: JYNT) has expanded its corporate portfolio by opening two greenfield clinics and acquiring six previously franchised clinics, raising its total to 126 locations. In 2022, the company opened 16 new clinics and acquired 16 others, enhancing its presence in various states, including Arizona and California. The management highlighted that investments in their corporate portfolio are vital for long-term growth. However, uncertainties related to labor shortages and the impact of COVID-19 on operations remain significant concerns for future performance.

The Joint Corp. (NASDAQ: JYNT), a leader in chiropractic clinics, announced its participation in the 11th Annual Deer Valley Event on December 14-15, 2022, at the Montage Deer Valley Hotel in Park City, Utah. CEO Peter Holt and CFO Jake Singleton will hold one-on-one meetings during the event. Interested investors can reach out to their ROTH representative or contact LHA Investor Relations for details. With over 800 locations and nearly 11 million patient visits yearly, The Joint Chiropractic continues to innovate in accessible healthcare.

The Joint Corp. (NASDAQ: JYNT) has opened its first chiropractic clinic in Wasilla, Alaska, as part of a multi-unit franchise agreement to expand into the state. This marks a significant growth phase for the company, with plans for two additional clinics in Anchorage and another location targeted for fall 2023. With over 800 clinics nationally, The Joint aims to provide affordable chiropractic care without the need for insurance, emphasizing convenience and accessibility for patients.

The Joint Corp. has launched its "Back Friday" promotion, running from Nov. 14 to Nov. 30, offering up to four free chiropractic visits with the purchase of certain visit packages. Customers can gain one additional visit with a 6-visit package, two visits with a 10-visit package, and four visits with a 20-visit package. This initiative aims to alleviate the physical and mental stresses associated with the holiday season, promoting better health through affordable, no-appointment chiropractic care. The Joint is the largest provider in the U.S. with over 800 locations.

The Joint Corp. (JYNT) reported a 27% revenue growth to $26.6 million for Q3 2022 compared to Q3 2021, driven by strong clinic openings and organic growth. System-wide sales rose by 18% to $110.4 million, with a 6% increase in comparable sales. The company achieved a milestone of 805 clinics by the end of the quarter. However, operating income declined to $500,000 from $1.3 million, and net income was $491,000, down from $1.9 million. The company adjusted its 2022 revenue guidance to between $100 million and $102 million, reflecting ongoing challenges.

The Joint Corp. (NASDAQ: JYNT) will release its third quarter 2022 financial results on November 3, 2022, after market close. A conference call hosted by President and CEO Peter D. Holt and CFO Jake Singleton will take place at 5:00 p.m. ET to discuss these results. Interested parties can join the call by dialing (866) 652-5200 or (412) 317-6060. A live webcast and slide presentation will be available on their investor relations page. The Joint Chiropractic is recognized as the largest provider of chiropractic care in the U.S., with over 800 locations and nearly 11 million annual patient visits.

The Joint Corp. (NASDAQ: JYNT) has entered a three-year sponsorship agreement with Wofford College in Spartanburg, SC, becoming the Official Chiropractor of Wofford College Athletics through June 2025. This partnership aims to support the athletic performance of Wofford's student athletes competing in NCAA Division I. The Joint Chiropractic is recognized for its innovative approach to chiropractic care, providing affordable services without insurance barriers. With over 800 locations nationwide and nearly 11 million annual patient visits, The Joint is a leader in the chiropractic industry.