Xponential Fitness Inc Stock Price, News & Analysis

Xponential Fitness, Inc. (NYSE: XPOF) reported a 56% revenue growth to $63.8 million for Q3 2022 compared to Q3 2021. The company’s North America system-wide sales also rose 37% to $264.8 million, with a 17% increase in same-store sales. Despite this growth, Xponential reported a net loss of $13.1 million or $1.53 per share. Adjusted EBITDA rose significantly to $20 million from $6.8 million year-over-year. Looking ahead, the company has raised its full-year 2022 revenue and Adjusted EBITDA guidance.

Xponential Fitness (NYSE: XPOF) has signed a Master Franchise Agreement in Portugal for its Club Pilates brand. This venture allows the franchisee to open at least 20 studios over a decade. Currently, Club Pilates operates six studios in Spain and has agreements for expansion in the UK and Germany. The European fitness industry, valued at over $30 billion annually, presents significant growth potential. Research indicates the Pilates and yoga studio market could reach $49.4 million by 2027, growing at a CAGR of 13.05% from 2021.

Xponential Fitness, Inc. (NYSE: XPOF) will announce its third quarter 2022 financial results on November 10, 2022, after market close. A conference call to discuss these results will occur at 1:30 p.m. PT / 4:30 p.m. ET. Callers can join by dialling (877) 407-9716 and using conference ID 13732449. The event will also be available via live webcast on Xponential's Investor Relations website. For those unable to attend live, a replay will be accessible until November 24, 2022.

Xponential Fitness has announced the inaugural opening of Body Fit Training (BFT) in Toronto, Canada, marking BFT's entry into the North American fitness market. The brand, acquired by Xponential Fitness, already boasts over 200 studios across countries including Australia and the UK, with over 500 locations globally. The fitness concept offers 50-minute group strength training led by accredited coaches, emphasizing functional fitness. BFT plans further expansion across the U.S., with agreements signed for new studios in major cities.

Xponential Fitness (NYSE: XPOF) has signed a Master Franchise Agreement with Kuwait Real Estate Company, Aqarat, to open at least eight boutique fitness studios in Kuwait over the next decade. Notable brands involved include Rumble, Club Pilates, StretchLab, and CycleBar. The fitness industry in Kuwait is valued at nearly $240 million and is experiencing rapid growth. This agreement marks Xponential's expansion beyond North America, as it continues to diversify its brand presence in 15 countries worldwide.

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.