earnings
confidence high
sentiment positive
materiality 0.75
Xponential Fitness Q1 revenue up 12% to $79.5M; adjusted EBITDA $29.8M, +30% YoY
Xponential Fitness, Inc.
2024-Q1 EPS reported
-$0.30
revenue$3,051,000
- Revenue $79.5M, up 12% YoY; net loss improved to $4.4M from $15.0M.
- North America same-store sales grew 9% in Q1 (vs 19% in prior year).
- Sold 173 franchise licenses and opened 111 new studios in Q1.
- Reaffirms FY2024 guidance: 540-560 studio openings, revenue $340-350M, Adj. EBITDA $136-140M.
- Adjusted net income $9.1M ($0.15 per basic share) vs $1.3M (loss $0.02) a year ago.