Welcome to our dedicated page for Xponential Fitness news (Ticker: XPOF), a resource for investors and traders seeking the latest updates and insights on Xponential Fitness stock.
Xponential Fitness, Inc. (NYSE: XPOF) regularly issues news and updates as one of the leading global franchisors of boutique health and wellness brands. Its press releases and announcements provide insight into the performance and evolution of a franchise platform that spans Pilates, barre, stretching, strength training and yoga concepts operated by franchisees and master franchisees in the United States and internationally.
News about Xponential Fitness often covers quarterly and annual financial results, where the company reports on system-wide sales, average unit volume, membership trends, net new studio openings and revenue by category, including franchise revenue, equipment revenue, merchandise revenue, franchise marketing fund revenue and other service revenue. These releases also discuss non-GAAP measures such as Adjusted EBITDA and adjusted net income, along with explanations and reconciliations.
Investors and observers can also find updates on corporate actions and strategic decisions. Recent communications have described brand portfolio changes, including divestitures of certain concepts, and financing developments such as new credit facilities and debt refinancing transactions. Leadership changes, board appointments and governance developments are disclosed through 8-K filings and accompanying press releases, offering additional context on the company’s management and oversight.
This news page on Stock Titan aggregates Xponential Fitness headlines, earnings releases, transaction announcements and other company communications in one place. Readers interested in XPOF stock can use it to follow financial performance updates, capital structure changes, franchise system developments and key corporate events over time.
Xponential Fitness (NYSE: XPOF) has launched XPASS, a cross-brand subscription service providing access to thousands of classes across its nearly 2,000 studios nationwide. Subscribers can discover and book classes based on their preferences, with flexible options ranging from $19 to $249 monthly for 1 to 20 classes. Danyal Ali has been appointed President of XPASS, bringing extensive experience from Groupon and Gympass. This rollout follows successful testing in select markets, aiming to enhance consumer flexibility in boutique fitness offerings.
Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, announced participation in upcoming investor conferences. Key executives, including CEO Anthony Geisler, CFO John Meloun, and President Sarah Luna, will present at the Raymond James 43rd Annual Institutional Investors Conference on March 7, 2022, at 2:15 p.m. ET in Orlando, FL, and at the Bank of America Securities 2022 Consumer and Retail Technology Conference on March 8, 2022, at 2:40 p.m. ET in New York, NY. Live broadcasts and replays will be available on the company's Investor Relations webpage.
Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, will announce its fourth-quarter and full-year 2021 financial results on March 3, 2022, post-market. Management will discuss these results during a conference call at 1:30 p.m. PT that day. Dial-in access for listeners includes (877) 407-9716 (U.S.) or +1 (201) 493-6779 (International). A replay will be available until March 17, 2022. The event can also be streamed from the investor relations section of their website.
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.