Xponential Fitness, Inc. Class A Common Stock (XPOF)
17.13
-0.20 (-1.13%)
Xponential Fitness Inc is a company that specializes in providing a diverse range of fitness and wellness services, operating a portfolio of boutique fitness brands
Focused on the growing market of health-conscious consumers, the company offers various workout experiences, including yoga, Pilates, cycling, and so much more, appealing to individuals seeking personalized and community-oriented fitness solutions. With a franchise-based business model, Xponential Fitness enables its brands to expand their reach across numerous locations, promoting an active lifestyle through innovative fitness offerings and high-quality training programs.
Over the past six months, Xponential Fitness’s shares (currently trading at $14.68) have posted a disappointing 7.4% loss, well below the S&P 500’s 6.1% gain. This may have investors wondering how to approach the situation.
Boutique fitness studio franchisor Xponential Fitness (NYSEXPOF) reported revenue ahead of Wall Street’s expectations in Q3 CY2024, but sales were flat year on year at $80.49 million. On the other hand, the company’s full-year revenue guidance of $315 million at the midpoint came in slightly below analysts’ estimates. Its non-GAAP loss of $0.04 per share was 113% below analysts’ consensus estimates.
Xponential Fitness announces Mark King as the new CEO effective June 17, 2024, boosting investor confidence. King, with a robust track record at Taco Bell and Adidas, aims to enhance global brand performance and franchise operations.
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