Xponential Fitness Inc Stock Price, News & Analysis

Xponential Fitness (NYSE: XPOF), the largest global boutique fitness franchisor, announced charitable initiatives aimed at supporting health and wellness causes. With over 2,000 studios, Xponential is contributing to local communities through various October and November initiatives, including support for Miracles for Kids, which aids families with critically ill children. The company also promotes wellness through donation-based classes and fundraising across its brands, aligning with Breast Cancer Awareness Month and National Gratitude Month.

Xponential Fitness (NYSE:XPOF) announced the launch of its fitness classes on lululemon Studio, effective October 5. This initiative includes streaming classes from renowned brands such as Pure Barre, Rumble, AKT, and YogaSix, expanding lululemon's offerings to over 10,000 on-demand and live-streamed classes. The partnership aims to enhance the hybrid fitness experience for consumers. Members can enjoy discounted classes at physical locations and access Xponential's digital platform, Xponential+ (XPLUS), further integrating boutique fitness into the digital realm.

Xponential Fitness, Inc. (NYSE:XPOF) has announced a five-year licensing agreement with Princess Cruises, allowing the incorporation of its boutique fitness brands across Princess' fleet of 15 ships. This partnership will offer a minimum of 120 licensed studio experiences, enhancing fitness offerings for passengers. The onboard fitness options include Pure Barre, Club Pilates, and others, while digital subscriptions will be accessible in over 23,000 staterooms. This collaboration aims to provide unique vacation experiences and mutual marketing benefits.

Xponential Fitness, Inc. (NYSE: XPOF), the largest global franchisor of boutique fitness brands, announces that its CEO Anthony Geisler, CFO John Meloun, and President Sarah Luna will speak at upcoming investor conferences. Key events include the Jefferies Virtual Fitness & Wellness Summit on September 12, 2022, the Piper Sandler Growth Frontiers Conference in Nashville on September 13-14, and the Raymond James Consumer Conference in New York on September 15. Presentation links and replays will be available on the Company’s investor relations website.

Xponential Fitness, Inc. (NYSE: XPOF) reported robust financial results for Q2 2022, with revenue soaring by 66% to $59.6 million compared to Q2 2021. North America system-wide sales surged 45% to $249.8 million, alongside a notable 25% growth in same-store sales. The company sold 251 franchise licenses and opened 128 new studios, bringing total franchise licenses to 4,935. Notably, net income reached $31.5 million, or $3.28 per share, a significant turnaround from a net loss of $8 million last year. Xponential also raised its full-year guidance, anticipating 39% revenue growth.

Xponential Fitness, Inc. (NYSE: XPOF) has signed a Master Franchise Agreement for its indoor cycling brand CycleBar in Japan, aiming to open at least 30 studios over the next decade. This follows similar agreements in the UK and Mexico, expanding CycleBar's international reach. The first studio in Japan is expected to launch in 2023. Naoki Shimabukuro, CEO of Club Pilates Japan, will lead the initiative, leveraging his success with existing Club Pilates studios. The expansion capitalizes on Japan's growing interest in fitness.

Xponential Fitness (NYSE: XPOF) anticipates strong second quarter results for 2022, with operating highlights scheduled for release on August 11, 2022. The company reported the opening of 128 studios, bringing the total to 2,357 globally. Notably, total members surged 32% year-over-year to 539,000, while system-wide sales hit $250 million, a 45% increase compared to Q2 2021. Despite macroeconomic challenges, the company remains on track to meet or exceed its full-year guidance.

Xponential Fitness (NYSE: XPOF) has partnered with C4 Energy to enhance its fitness offerings at Row House and Rumble locations nationwide. C4 Energy, created by Nutrabolt, will provide its energy drinks to participants in these boutique fitness studios. Row House, known for its rowing workouts, and Rumble, dedicated to boxing and strength training, will incorporate C4 products to support their members' fitness journeys. This partnership signifies a strategic move for Xponential Fitness as it expands its B2B efforts, aiming to enrich the community experience and performance for fitness enthusiasts.

Xponential Fitness, Inc. (NYSE: XPOF) has appointed Jair Clarke as a new member of its Board of Directors, alongside his roles on the Audit and Human Capital Management Committees. With extensive experience from Microsoft, Disney, and IBM, Clarke's expertise in technology and business intelligence is expected to enhance the Company’s operations. Chairman Mark Grabowski and CEO Anthony Geisler expressed confidence in Clarke’s ability to guide Xponential's growth in the dynamic fitness industry.