secwatch.observer — SEC 8-K summary
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Issuer:     Xponential Fitness, Inc. (XPOF)
CIK:        0001802156
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001193125-23-135906
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xponential Fitness Q1 revenue up 40% to $70.7M; raises full-year guidance across key metrics
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- Revenue $70.7M (+40% YoY); North America system-wide sales $317.8M (+42% YoY).
- Same-store sales +20% (vs +47% in Q1 2022); net loss $15.0M ($1.38 loss per share) vs $15.2M loss.
- Adjusted EBITDA $22.9M vs $14.5M; adjusted net income $1.3M vs adjusted net loss $5.3M.
- Raised FY2023 guidance: revenue $290-300M (+20%), system-wide sales $1.37-1.38B (+33%), Adj. EBITDA $102-106M (+40%).
- Sold 188 franchise licenses, opened 115 net new studios in Q1; total 5,638 licenses and 2,756 studios operating.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1802156/000119312523135906/0001193125-23-135906-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1802156/000119312523135906/d316211d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-135906

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer