Xponential Fitness Q2 revenue up 30% to $77.3M, raises full-year guidance, announces $50M buyback

Xponential Fitness, Inc.

2023-Q2 EPS reported $0.08 revenue$6,987,000

Revenue $77.3M (+30% YoY); North America system-wide sales $341.3M (+37%).
Net income $27.5M ($1.44 basic EPS); adjusted net income $4.2M ($0.05 basic EPS).
Adjusted EBITDA $25.3M, up 43% from $17.6M.
Board approved $50M stock repurchase, funded by MSD Partners term loan amendment.
Raised FY 2023 guidance: revenue $295-305M, Adj. EBITDA $102.5-106.5M, system-wide sales $1.385-1.395B.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Xponential Fitness, Inc. updated its full year 2023 guidance (raised).

Period: full year 2023
Guidance: raised
Result: guidance update

Exact text from the filing

Xponential is increasing full-year 2023 guidance for system-wide sales, revenue, and Adjusted EBITDA, and re-affirming guidance for new studio openings as follows:

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Xponential Fitness, Inc. reported second quarter ended June 30, 2023 results: revenue $77.3 million, net income $27.5 million, EPS earnings per basic share of $1.44. Guidance raised.

Period: second quarter ended June 30, 2023
Revenue: $77.3 million
Net income: $27.5 million
EPS: earnings per basic share of $1.44
Guidance: raised
Result: reported results

Exact text from the filing

reconciliation to the corresponding GAAP measures are included in the tables that accompany this release. Financial Highlights: Q2 2023 Compared to Q2 2022 • Grew revenue 30% to $77.3 million. • Increased North America system-wide sales 1 by 37% to $341.3 million. • Reported North America same store sales 2 growth of 15%, compared to growth of 25% in Q2 of 2022. •

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Xponential Fitness, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-23-202874

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.