Financial Data and Key Metrics Changes - North America run rate average unit volumes (AUVs) increased to $638,000 in Q2 2024, up 10% from $581,000 in the prior-year period [13] - Consolidated revenue for Q2 was $76.5 million, down 1% year-over-year, primarily due to declines in equipment and merchandise revenues [17] - The company recorded a net loss of $13.7 million in Q2 2024, compared to a net income of $27.5 million in the prior-year period [25] Business Line Data and Key Metrics Changes - Franchise revenue increased to $43 million, up 22% year-over-year, driven by higher royalties from increased system-wide sales [18] - Equipment revenue decreased to $12.9 million, down 10% year-over-year, attributed to a higher proportion of installations in less equipment-intensive brands [19] - Merchandise revenue fell to $5.9 million, down 30% year-over-year, due to a slowdown in retail purchases by members [19] Market Data and Key Metrics Changes - North America system-wide sales reached $421.5 million, up 24% year-over-year, with a 7% same-store sales increase [16] - The company ended Q2 with 3,102 global open studios, having opened 108 new studios during the quarter [15] - The company sold 87 licenses globally in Q2, trending lower due to approval delays and regulatory scrutiny [16] Company Strategy and Development Direction - The company will focus on growing its existing portfolio of brands rather than pursuing additional acquisitions [9] - The core focus will be on ensuring the health and profitability of franchisees, which is seen as the greatest determinant of future success [10] - The company plans to refine its operational processes to better support franchisees and improve overall efficiency [34] Management's Comments on Operating Environment and Future Outlook - Management acknowledged short-term disruptions due to leadership changes and regulatory issues, impacting Q2 results and guidance [12] - Despite these challenges, management expressed confidence that these issues would not significantly affect long-term goals [11] - The company expects to see a normalization of same-store sales in the mid to high-single digits for the remainder of the year [49] Other Important Information - The company is winding down the AKT brand, which had eight open studios and was not a significant contributor to revenue [14] - Adjusted EBITDA for Q2 was $25.4 million, slightly up from $25.3 million in the prior-year period, with a margin of approximately 33% [27] - The company anticipates total revenue for 2024 to be between $310 million to $320 million, down from previous guidance [30] Q&A Session Summary Question: What fine-tuning opportunities do you see at Xponential? - Management noted the need for improved internal processes and better communication with franchisees to enhance operational efficiency [34] Question: What are the short-term disruptions affecting the business? - Management indicated a 90-day delay in expected performance due to leadership changes and consumer impacts [40] Question: How do you view international growth opportunities? - Management sees significant potential for brands like Club Pilates to expand internationally, emphasizing the importance of finding strong master franchise partners [37] Question: What is driving the recent decline in merchandise revenue? - Management attributed the decline to a general softness in consumer spending, which has not yet affected membership growth [19][53] Question: What is the outlook for studio openings? - Management expects a total of approximately 300 new studio openings in the second half of the year, with delays primarily due to distractions in Q2 [48] Question: How will pricing strategies affect future revenue? - Management plans to maintain current pricing strategies, with most price increases coming from new members rather than existing ones [68]

Xponential Fitness (XPOF) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.19. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -115.79%. A quarter ago, it was expected that this franchisor of boutique fitness brands would post earnings of $0.18 per share when it actually produced earnings of $0.16, delivering a surprise of -11.11%. Over the last four ...

Xponential Fitness, Inc. Announces Second Quarter 2024 Financial Results • Sold 87 franchise licenses and opened 108 new studios in Q2 2024 • Quarterly run-rate average unit volume (AUV)3 of $638,000 in Q2 2024 grew 10% year-over-year, while total members of 801,000 were up 17% • Lowered guidance for studio openings, revenue and Adjusted EBITDA4 in light of second quarter shortfall and current business conditions IRVINE, Calif., August 1, 2024 – Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Co ...

An Industry Player's Expected Results Among the stocks in the Zacks Leisure and Recreation Services industry, Marriott Vacations Worldwide (VAC) is soon expected to post earnings of $1.99 per share for the quarter ended June 2024. This estimate indicates a year-over-year change of -9.1%. This quarter's revenue is expected to be $1.22 billion, up 3.3% from the yearago quarter. Over the last 30 days, the consensus EPS estimate for Marriott Vacations Worldwide has been revised 0.1% down to the current level. N ...

Financial Data and Key Metrics Changes - Adjusted EBITDA margins expanded to 38% of revenue, up from 32% in Q1 2023, driven by growth in studio footprint and leaner operating expenses [7][28] - Net revenues totaled $79.5 million, a 12% increase year-over-year [9] - Adjusted EBITDA was $29.8 million, up 30% from $22.9 million in the prior-year period [28] - The company recorded a net loss of $4.4 million, significantly improved from a net loss of $15 million in Q1 2023 [25] Business Line Data and Key Metrics Changes - North American system-wide sales increased by 25% to over $400 million, with same-store sales up 9% [8][20] - The company ended the quarter with 3,156 global open studios, having opened 111 new studios during Q1 [10] - Franchise revenue grew by 27% year-over-year to $41.8 million, driven by increased royalty revenue [20] Market Data and Key Metrics Changes - Total members in North America grew 17% year-over-year to 783,000, with total studio visits increasing by 18% to 14.9 million [8] - International business accounted for 31% of license sales and 23% of new openings in Q1 [12] Company Strategy and Development Direction - The acquisition of Lindora is expected to enhance access to the broader health and wellness market, with a total addressable market (TAM) in the U.S. estimated at approximately 8,400 studios [11] - The company is focused on optimizing its portfolio of brands and remains open to acquisition and divestiture opportunities [11] - The company aims to reach 40% adjusted EBITDA margins this year and grow to 45% by 2026 [9][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the initial demand for Lindora franchises, with nearly 40 licenses sold since March [7] - The company anticipates same-store sales will normalize to mid-to-high single-digit percentages in 2024 [20] - Management expects gradual increases in revenue and adjusted EBITDA throughout the year, similar to 2023 [32] Other Important Information - The company has approximately $160 million in federal and state net tax loss carry-forwards, resulting in a minimal cash tax burden for the coming years [29] - Total long-term debt increased to $331.4 million as of March 31, 2024, primarily due to share repurchases [31] Q&A Session Summary Question: Free cash flow conversion and debt reduction focus - The company expects around $65 million in free cash flow for 2024, prioritizing debt reduction over stock buybacks [37][38] Question: Lindora's market potential and franchisee interest - Management indicated no cannibalization of franchisee interest from Lindora, expecting the TAM to grow significantly over the next few years [39][40] Question: Same-store sales expectations and quarterly cadence - Same-store sales for Q1 were slightly lower than expected, with management anticipating normalization to high single digits by Q4 [44][45] Question: Changes in opening mix by brand - Club Pilates had the highest number of openings in Q1, with expectations for a similar mix throughout 2024 [50][66] Question: Full-year profit outlook and adjusted EBITDA margin progression - Management expects adjusted EBITDA margins to reach around 40% for the year, with a gradual increase in subsequent quarters [53][54]

| --- | --- | --- | --- | --- | --- | --- | |-------|--------------|---------|------------|-------|-------|---------| | | | | | | | | | AI、T | CLUB PILATES | lindora | pure barre | | | YOGASIX | LEGAL DISCLAIMER 2 The information contained in this presentation is provided solely for the purpose of acquainting the readers with Xponential Fitness, Inc. (the "Company," "Xponential" or "we") and its business operations, strategies and financial performance. This presentation and any accompanying oral statements ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40638 Xponential Fitness, Inc. Irvine, CA 92614 (Address of principal executive offices) (Zip Code) (Exact Name of Registrant as ...

Exhibit 99.1 Xponential Fitness, Inc. Announces First Quarter 2024 Financial Results IRVINE, Calif. –(BUSINESS WIRE)– Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), one of the leading global franchisors of boutique health and wellness brands, today reported financial results for the first quarter ended March 31, 2024. All financial data included in this release refer to global numbers, unless otherwise noted. All KPI information is presented on an adjusted basis to include historical ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40638 Xponential Fitness, Inc. (Exact name of Registrant as specified in its Charter) Delaware 84-4395129 (State or other jurisdictio ...

Xponential Fitness, Inc. (NYSE:XPOF) Q4 2023 Earnings Conference Call February 29, 2024 4:30 PM ET Company Participants Avery Wannemacher - Senior Associate, Addo IR Anthony Geisler - CEO Sarah Luna - President John Meloun - CFO Conference Call Participants Randy Konik - Jefferies John Heinbockel - Guggenheim Partners Jonathan Komp - Robert W. Baird Megan Alexander - Morgan Stanley Joe Altobello - Raymond James Ryan Meyers - Lake Street Capital Markets Korinne Wolfmeyer - Piper Sandler Alex Perry - Bank of ...