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, 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.
Xponential Fitness (NYSE: XPOF) has acquired Body Fit Training (BFT), an Australia-based fitness franchisor, for $44 million. The acquisition includes cash and debt from Xponential's existing loan facility and is expected to be immediately accretive to EBITDA margins. BFT operates nearly 130 studios across Australia, New Zealand, and Singapore, with over 150 additional studios planned to open in the next year. This deal boosts Xponential's international presence to over 1,000 studios across 10 countries.
Club Pilates, the largest boutique Pilates brand in the U.S., has announced a significant expansion through a franchise agreement with David Schuck. This deal includes the acquisition of 13 existing studios and rights to open 16 new locations across Houston, Dallas, and Central Florida, making it one of the largest franchise deals in the brand's history. Since 2020, Club Pilates has opened over 87 new studios, bringing its total to nearly 650 globally. The brand continues to expand internationally into markets like Australia and Japan.
Xponential Fitness has signed a Master Franchise Agreement for its Rumble boxing brand in Australia, allowing the franchisee to license at least 100 studios over five years. This marks a significant step in the company's international expansion, joining existing brands like CycleBar and StretchLab. Box X Operations, the franchisee, aims to open multiple studios in Sydney and Newcastle. With this agreement, Xponential aims to capitalize on the growing boutique fitness market in Australia, supported by promotional efforts from notable figures in the entertainment industry.
Xponential Fitness, Inc. (NYSE: XPOF) has upgraded its production studio, XSTUDIO, enhancing its digital fitness offerings. The centerpiece is a 70-by-14-foot LED wall, creating an immersive experience for users of its GO platform, which features workout classes from multiple brands like Club Pilates and CycleBar. Since its launch in March 2020, GO has added over 25 instructors and offers more than 2,500 classes. Subscriptions range from $19.99 to $29.99 monthly. CEO Anthony Geisler emphasized this investment aims to make boutique fitness accessible anywhere.
Xponential Fitness, Inc. (NYSE: XPOF), a leader in boutique fitness brands, will participate in two upcoming conferences. CEO Anthony Geisler and CFO John Meloun will present virtually at The Raymond James Consumer Conference on September 14, 2021, at 3:40 p.m. ET, and at The Jefferies Fitness and Wellness Summit on September 15, 2021, at 2:25 p.m. ET. Both presentations will be accessible via the company's Investor Relations page and will include virtual investor meetings throughout the day.
Xponential Fitness, Inc. (XPOF) reported significant growth in Q2 2021, achieving a 67% increase in revenue to $35.8 million compared to Q2 2020. System-wide sales surged 179% to $171.6 million, with same store sales up 129%. Despite a net loss of $8 million, improved Adjusted EBITDA reached $8.3 million. The company opened 59 new studios and sold 197 North American franchise licenses. Looking ahead, Xponential anticipates revenue of $135.5 million to $137 million for the year, driven by strategic expansion.
Xponential Fitness, Inc. (NYSE: XPOF) announced that underwriters from its IPO have exercised part of their option to purchase an additional 904,000 shares, raising approximately
Xponential Fitness, Inc. (NYSE: XPOF) will release its second quarter 2021 financial results on August 24, 2021, after market close. A conference call to discuss the results will take place at 1:30 p.m. PT / 4:30 p.m. ET on the same day. Participants can dial (877) 407-9716 for U.S. access or +1 (201) 493-6779 internationally, using conference ID 13722134. A live webcast will be available on their website. A replay will be accessible from August 24 until September 7, 2021. Xponential Fitness offers a diverse platform of nine boutique fitness brands.