Xponential Fitness FY2023 system-wide sales $1.40B, up 36% YoY; same-store sales +16%

Xponential Fitness, Inc.

System-wide sales $1.40B, exceeding top of guidance ($1.395B), up 36% YoY.
Same-store sales growth 16% (down from 25% in 2022); Q4 AUV $590K vs $522K prior year.
Total members grew 21% to 717K; studio visits up 31% to 51.5M.
New studio openings 557, at top half of guidance range of 550-560; total open studios 3,062.
Company cites departure from company-owned transition studio strategy to increase profitability in 2024.

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