Joint Corp Stock Price, News & Analysis

The Joint Corp. (NASDAQ: JYNT), the largest operator and franchisor of chiropractic clinics in the U.S., will report its Q2 2021 financial results on August 5, 2021, after market close. The conference call featuring President and CEO Peter D. Holt and CFO Jake Singleton will start at 5:00 p.m. ET. Interested parties can join the call by dialing 765-507-2604 or 844-464-3931 with code 5959205. The event will be webcasted live and the presentation slides will be available on their Investor Relations page.

The company has over 600 locations and facilitates more than 8 million patient visits annually.

The Joint Corp. (NASDAQ: JYNT) has opened its first chiropractic clinic in Michigan, located in Ann Arbor. This expansion into Michigan marks a significant milestone as it extends their retail footprint to 35 states. The clinic offers a unique, no-appointments, and no-insurance hassle model of chiropractic care, catering to the increasing consumer demand for affordable services. The Joint Corp. operates over 600 locations nationwide, facilitating more than eight million patient visits annually, reinforcing its position as a leader in the chiropractic industry.

The Joint Corp. (NASDAQ: JYNT) has opened a new corporate chiropractic clinic in Virginia Beach, VA, marking the first of six planned openings in the region for 2021. As part of their strategy, The Joint aims to open 20 to 30 corporate clinics this year, primarily through new greenfield locations and some franchise acquisitions. This expansion strategy will enhance their presence in the Southeast, aligning with their goal of reaching 1,000 clinics by the end of 2023. The company continues to evolve its retail healthcare model, reducing the need for insurance.

The Joint Corp. (NASDAQ: JYNT) has appointed Mark Miller as Vice President of Real Estate & Construction, effective June 3, 2021. Miller brings over 30 years of experience in strategic store expansion, having previously worked with Veggie Grill and Panda Restaurant Group. He will oversee real estate development, including market analysis and site acquisition. CEO Peter Holt expressed confidence that Miller's leadership will help achieve the company's goal of 1,000 clinics by 2023, enhancing access to affordable chiropractic care across the U.S.

The Joint Corp. (NASDAQ:JYNT), a prominent chiropractic clinic operator, announced its participation in the 18th Annual Craig-Hallum Institutional Investor Conference on June 2, 2021. CEO Peter D. Holt and CFO Jake Singleton will conduct one-on-one meetings with institutional investors. The Joint has over 600 locations and facilitates more than eight million patient visits annually, making chiropractic care accessible and affordable without requiring insurance.

Recognized in Franchise Times' "Top 200+ Franchises" and Entrepreneur's "Franchise 500®" lists, The Joint continues to innovate in the retail healthcare sector.

The Joint Corp. (NASDAQ:JYNT) announced its inclusion in the S&P SmallCap 600 effective May 27, 2021. This recognition reflects the company's efforts to enhance access to chiropractic care through a retail model, emphasizing quality and affordability without insurance. President and CEO Peter D. Holt highlighted the commitment of the entire team towards improving patient quality of life. The S&P SmallCap 600 tracks financially viable small-cap companies, showcasing the growth potential of The Joint in the chiropractic industry, which includes over 600 locations and 8 million annual patient visits.

On May 24, 2021, S&P Dow Jones Indices announced that The Joint Corp. (JYNT) will replace Cubic Corp. (CUB) in the S&P SmallCap 600 index effective May 27, 2021. This change is part of an acquisition process where Veritas Capital is acquiring Cubic, pending final closing conditions. The addition of The Joint Corp. represents a strategic shift in the index, as it falls under the Health Care sector, unlike Cubic, which is in the Industrials sector.

The Joint Corp. (NASDAQ: JYNT) has opened its 600th chiropractic clinic, marking a significant growth milestone for the company. This new location in Bowling Green, KY, represents the first The Joint Chiropractic clinic in the state, contributing to a network that now spans 34 states. The company aims to reach 1,000 clinics by the end of 2023, highlighting its expanding footprint and commitment to accessible chiropractic care. The growth reflects consumer demand for affordable wellness solutions, particularly post-pandemic, reinforcing the robustness of The Joint's business model.

The Joint Corp. (NASDAQ: JYNT) reported significant financial growth for Q1 2021, achieving a 29% increase in revenue to $17.5 million compared to Q1 2020. System-wide sales rose by 28% to $77.8 million, while comparable sales increased by 21%. Operating income surged 162% to $2.0 million, and Adjusted EBITDA rose 108% to $3.5 million. The company also updated its guidance for 2021, projecting revenues between $73.5 million and $77.5 million, indicating a strong outlook for future growth.