Xponential Fitness Inc Stock Price, News & Analysis

Xponential Fitness (NYSE: XPOF) has inked a Master Franchise Agreement in Japan to introduce StretchLab, the largest assisted stretching brand globally. This agreement allows the Master Franchisee to open at least 40 studios over the next decade. Currently, Xponential operates over 2,600 studios worldwide across 16 countries. The deal represents the fifth brand from Xponential to enter the Japanese market, following franchises like Club Pilates and Rumble. Sunpark Co. Ltd., a multi-brand operator in Japan, will oversee this expansion. Xponential aims to capitalize on increasing consumer interest in health and well-being in Japan. Additionally, the company has successfully expanded its brands internationally, with multiple agreements signed since 2021 for markets including Australia, Mexico, and Kuwait.

Xponential Fitness, Inc. (NYSE: XPOF), a leading global franchisor of boutique fitness brands, announces it will release its Q1 2023 financial results on May 4, 2023, after market close. A conference call will take place at 1:30 p.m. PT / 4:30 p.m. ET to discuss the results. Interested parties can access the call via telephone or through a live webcast on the company's Investor Relations website. A replay will be available until May 18, 2023. Xponential Fitness operates a diverse platform of ten brands, including Club Pilates and CycleBar, across 48 U.S. states and 14 international markets, making boutique fitness accessible to all.

Xponential Fitness, Inc. (NYSE:XPOF) has launched its digital platform, Xponential+, on LG Electronics Smart TVs, making premium workout classes accessible in over 250 countries. The platform, which aims to democratize boutique fitness, offers live and on-demand classes from various brands like Club Pilates and CycleBar. Users can enjoy a wide variety of workouts, including strength training and yoga, for a cost comparable to a single studio class. This strategic partnership enhances LG's content offerings and expands Xponential’s market reach, promoting user engagement through immersive fitness experiences. Since its inception in May 2022, Xponential+ has gained recognition for providing authentic studio classes anytime, anywhere, furthering the company's mission to enhance fitness accessibility.

Snapdragon Capital Partners has invested over $30 million in Spartan Fitness Holdings, Inc., a leading boutique fitness platform and the largest franchise owner of Club Pilates. This investment aims to support Spartan's expansion of Club Pilates and the acquisition of additional health and wellness concepts. Since launching in March 2019, Spartan has expanded to 60 studios across several states, including Texas and Florida, and has plans for further growth with 40 area development rights. The partnership with Snapdragon, which began in June 2021, has seen rapid growth from 6 to 60 studios, with future expansion into the wellness spa sector with Hand & Stone and V/O Med Spa.