Welcome to our dedicated page for Joint news (Ticker: JYNT), a resource for investors and traders seeking the latest updates and insights on Joint stock.
The Joint Corp (NASDAQ: JYNT) operates one of the nation's largest chiropractic networks through its innovative corporate-owned and franchise clinic model. This page serves as the definitive source for investors and industry observers tracking the company's latest developments.
Access official press releases, financial updates, and operational announcements in one centralized location. Our curated collection focuses on material events including quarterly earnings reports, franchise expansion initiatives, leadership updates, and strategic partnerships that shape the company's position in the healthcare sector.
All content undergoes strict verification to ensure accuracy and relevance for stakeholders. The streamlined format enables quick scanning of key developments while maintaining depth for detailed analysis. Regular updates reflect JYNT's evolving role in making chiropractic care more accessible through its unique membership-based model.
Bookmark this page for efficient monitoring of Joint Corp's progress in transforming retail healthcare delivery. Combine these verified updates with SEC filings and market analysis for comprehensive investment research.
The Joint Corp. (NASDAQ: JYNT) has launched its 'Back Friday' promotion running from Nov. 15 to Nov. 30, offering additional chiropractic visits with the purchase of service packages. Customers can receive one extra visit with a 6-visit package, two with a 10-visit package, or four additional visits with a 20-visit package. The aim is to support health during the stress of the holiday season, which can cause physical and mental strain. The Joint Chiropractic emphasizes accessible, no-appointment care, serving over eight million patients annually across more than 650 locations.
The Joint Corp. (NASDAQ: JYNT) reported strong Q3 2021 results, showcasing a 36% revenue growth to $21.0 million compared to Q3 2020. System-wide sales rose by 37% to $93.4 million, with comparable sales increasing by 27%. The company sold 44 franchise licenses and opened 33 clinics, totaling 666 clinics by quarter-end. Positive adjustments were made to 2021 guidance, with expected revenue between $80.0 million and $81.0 million
and Adjusted EBITDA of $13.0 million to $14.0 million, representing 48% growth compared to 2020.
The Joint Corp. (NASDAQ: JYNT) has promoted Jason Greenwood to Chief Marketing Officer, effective immediately. Having joined the company in 2018, Greenwood has been pivotal in transforming marketing strategies that support growth across its franchise and corporate clinics. Under his leadership, The Joint aims to enhance brand awareness and drive towards opening 1,000 clinics by the end of 2023. The company continues to experience rising consumer interest in chiropractic services, indicating a robust demand for affordable healthcare solutions.
The Joint Corp. (NASDAQ: JYNT) will release its third quarter 2021 financial results on November 4, 2021, after market close. CEO Peter D. Holt and CFO Jake Singleton will discuss the results during a conference call at 5:00 p.m. ET the same day. Interested parties can join the call by dialing (765) 507-2604 or (844) 464-3931. A live webcast will also be available on the company's investor relations page. The Joint Chiropractic is a leader in chiropractic care with over 600 locations and 8 million patient visits annually.
The Joint Corp. (NASDAQ: JYNT), recognized for its excellence in franchise financing, was awarded the TOP$CORE FUND Award at the Multi-Unit Franchising Conference held in Las Vegas. This accolade highlights The Joint Chiropractic's commitment to supporting franchisees' access to financing, demonstrating a strong performance in unit economics and franchisee relationships. Darrell Johnson, CEO of FRANdata, acknowledged the brand's transparency and lender support, emphasizing its historical success rate despite pandemic challenges. With over 600 locations, The Joint Chiropractic continues to innovate in providing accessible, affordable care.
The Joint Corp. (NASDAQ: JYNT) emphasizes the importance of spine health as children return to school. In a recent statement, the company highlights that long hours at desks and heavy backpacks can lead to posture issues and tech neck. Children are encouraged to maintain proper posture and engage in daily activities to prevent strain. The American Chiropractic Association offers tips for selecting the right backpack, including ensuring it does not exceed 10-15% of a child's body weight. The Joint Chiropractic provides accessible chiropractic care across its network.
The Joint Corp. (NASDAQ: JYNT) has been named the official chiropractor of Austin Peay Athletics, enhancing its visibility in the sports sector. This partnership demonstrates The Joint's commitment to chiropractic care and its benefits in improving athletic performance and injury prevention. The agreement was announced on August 9, 2021, by company president Peter D. Holt. With over 600 locations nationwide and significant annual patient visits, The Joint is a leader in chiropractic services, promoting affordable, convenient access to care without insurance hassles.
The Joint Corp. reported significant growth in Q2 2021, with revenues increasing 61% to $20.2 million compared to Q2 2020. System-wide sales rose 64% to $87.8 million, and system-wide comp sales grew 53%. Operating income reached $2.0 million, up 687%, while Adjusted EBITDA climbed 237% to $3.8 million. The company sold 63 franchise licenses and opened 36 new clinics, boosting total clinics to 633. Due to strong performance, the company raised its 2021 revenue guidance to between $77.0 million and $79.0 million.