Xponential Fitness Inc Stock Price, News & Analysis

Rumble Boxing has quickly become one of Xponential Fitness’ fastest-growing concepts, surpassing 200 signed franchise agreements in under a year since its launch. The brand, which combines boxing-inspired workouts with group fitness, operates 17 franchise locations with new studios opening in major cities like Miami, Dallas, and San Francisco. Internationally, master agreements have been signed in Australia and New Zealand. The rapid growth reflects strong interest from diverse entrepreneurs in the fitness franchise market.

Xponential Fitness, Inc. (NYSE: XPOF) announced promising 2021 operating highlights, reflecting resilience amid COVID-19 challenges. The company surpassed 2,100 open studios and increased total licenses sold to over 4,400. Membership grew by 49%, reaching 449,000, while studio visits rose 54% to 29.7 million. System-wide sales reached $708 million, up 60%, and same-store sales grew by 41%. They expect to meet or exceed their 2021 outlook, with new studio openings projected between 230 to 250 and revenue between $147 million to $148.5 million. Management will present at the Jefferies Summit on January 24, 2022.

Xponential Fitness (NYSE: XPOF) has announced that four of its brands—Club Pilates, Pure Barre, CycleBar, and StretchLab—are featured on Entrepreneur magazine’s 2022 Franchise 500® list. Club Pilates is ranked 165, Pure Barre 222, CycleBar 496, and StretchLab makes its debut at 498. The ranking recognizes impressive growth, financial stability, and brand strength among franchises. The company aims to lead in the boutique fitness industry, which has shown resilience post-pandemic with over 2,000 studios globally.

Xponential Fitness, Inc. (NYSE: XPOF) has signed a Master Franchise Agreement in New Zealand to license at least 30 studios for its brands CycleBar, StretchLab, and Rumble over the next decade. Boutique Fitness Studios NZ Ltd., a subsidiary of Xponential's Australian Master Franchisee, will spearhead this expansion. The deal follows successful initiatives in Australia and aims to enhance Xponential's international presence. The company has over 2,000 studios globally and plans further expansions in Germany and Singapore, alongside recent growth in various countries.

Xponential Fitness, Inc. (NYSE: XPOF) will participate in the Morgan Stanley Global Consumer & Retail Conference on November 30, 2021. CEO Anthony Geisler and CFO John Meloun will present at 12:10 p.m. ET and engage in virtual investor meetings throughout the day. The presentation will be live-streamed on Xponential's Investor Relations page, with a replay available afterwards. Founded in 2017 and based in Irvine, California, Xponential Fitness curates leading boutique fitness brands, including Club Pilates and CycleBar, across multiple fitness verticals.

Xponential Fitness, Inc. (NYSE: XPOF) reported strong Q3 2021 results, achieving a 60% increase in revenue year-over-year, totaling $40.9 million. North American system-wide sales rose by 93% to $192.4 million, driven by a 65% growth in same-store sales. The company opened 68 new studios and sold 248 franchise licenses. Although there was a net loss of $8.9 million, an improved Adjusted EBITDA of $6.8 million was reported. The guidance for 2021 was raised, projecting 230 to 250 new studio openings and revenue of $147.0 million to $148.5 million.

Xponential Fitness, Inc. (NYSE: XPOF) has announced an exclusive agreement with Fitness International, LLC, operator of LA Fitness and City Sports Club. This deal will develop over 350 franchised locations across 500 Fitness International locations over five years, expanding Xponential's footprint. Existing franchisees can open Xponential studios in LAF and CSC facilities. Reduced buildout costs and no initial franchise fees aim to enhance revenue generation for franchisees. However, immediate revenue impact is not expected during the current calendar year, with further updates to come on November 11, 2021.

Xponential Fitness, Inc. (NYSE: XPOF) will release its third quarter 2021 financial results on November 11, 2021, after market close. Management will host a conference call at 1:30 p.m. PT / 4:30 p.m. ET on the same day to discuss these results. Callers can participate by dialing (877) 407-9716 with conference ID 13723447, or join via live webcast at their Investor Relations website. A replay will be available from November 11, 2021, at 4:30 p.m. PT until November 25, 2021, at 8:59 p.m. PT.

Xponential Fitness, Inc. has appointed Chelsea A. Grayson as an independent director, expanding the board to four members and enhancing its independence. Grayson brings extensive experience as a former CEO and board member of global companies, including her current role on the board of Spark Networks. Her insights into retail and brand management are expected to support Xponential's growth strategies, particularly in enhancing retail and merchandise sales across over 2,000 studios.