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XWELL Expands Florida Presence with Grand Opening of Waterford Lakes Wellness Center on September 5
Globenewswire· 2025-08-28 12:00
Core Points - XWELL is celebrating the grand opening of its new wellness center in Orlando, Florida, on September 5, 2025, featuring live demonstrations and participation from the Orlando Magic [1][2][3] - The new location at Waterford Lakes Town Center will offer a variety of wellness services, including facials, massages, and waxing, with plans to introduce injectables, IV therapy, and compression services in the future [4][5] - This opening follows the successful launch of XWELL's Clearwater location, marking the company's continued expansion in Florida and its commitment to providing accessible wellness solutions [5][6] Company Overview - XWELL, Inc. operates a portfolio of wellness brands focused on health, beauty, and self-care, including Xpres Spa and Naples Wax Center, and aims to redefine the modern wellness experience through innovation and accessibility [6]
XpresSpa Group(XWEL) - 2025 Q2 - Earnings Call Transcript
2025-08-14 22:00
Financial Data and Key Metrics Changes - Total revenue for Q2 2025 increased sequentially to approximately $7.7 million from $7.0 million in Q1 2025, but decreased year-over-year from $9.3 million in Q2 2024 [20] - Total cost of sales decreased year-over-year to $5.9 million from $6.2 million, while general and administrative expenses also decreased to $4.3 million from $4.7 million [20] - Operating loss for Q2 2025 was approximately $2.7 million compared to an operating loss of approximately $1.9 million in Q2 2024 [20] - Net loss attributable to ExWell was approximately $2.3 million compared to a net loss of approximately $2.0 million in the prior year [20] - As of June 30, 2025, cash and cash equivalents were approximately $5.3 million, with total assets of approximately $11.8 million and no long-term debt [20] Business Line Data and Key Metrics Changes - Revenue from EXPRESS PA locations was approximately $4.9 million, while Express Test contributed approximately $2.2 million [20] - Revenue from Naples Wax Center was approximately $647,000, indicating a diversified revenue stream [20] Market Data and Key Metrics Changes - The partnership with the Orlando Magic enhances brand visibility and engagement in the Florida market, which is a strategic priority for the company [6][7] - The expanded relationship with Priority Pass broadens access to wellness offerings across U.S. and international airport spa networks [7] Company Strategy and Development Direction - The company is executing a multi-pronged strategy to broaden operational footprint and deepen customer engagement [5] - Plans to expand beyond airport environments into local markets with new brick-and-mortar wellness centers [11] - Introduction of a flexible membership model to enhance accessibility and customer loyalty [13] - Strategic acquisitions of medical spas in key metropolitan markets are being pursued to tap into the growing wellness market [14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to meet increasing demand for integrated wellness solutions [18] - The company is focused on managing resources responsibly and optimizing efficiencies to drive profitability [19] - Positive momentum in operating results reflects the strength of execution and market recognition [16] Other Important Information - The redesigned digital platform integrates all brands into a seamless user experience, enhancing customer engagement [10] - The company has secured a three-year extension of its traveler-based genomic surveillance program in partnership with the CDC [15] Q&A Session Summary - No specific questions or answers were provided in the content, indicating that the conference call concluded without a Q&A segment [23]
XWELL to Celebrate Grand Opening of First Florida Wellness Center in Clearwater on July 25
GlobeNewswire News Room· 2025-07-16 12:00
Core Insights - XWELL is opening its first brick-and-mortar location outside of an airport in Clearwater, Florida, on July 25, 2025, focusing on wellness solutions for both locals and visitors [1] - The Clearwater center will offer a range of skincare treatments and services in a calming environment, enhancing the customer experience [3][4] Group 1: New Location and Services - The Clearwater location is modeled after XWELL's successful Naples Wax Centers, providing services such as waxing, facials, and soon to include massages, injectables, IV therapy, and compression services [3] - The center will utilize medical-grade skincare products and experienced health professionals to deliver its services [3] Group 2: Launch Event and Promotions - A celebratory launch event will take place on July 25, featuring live facial demonstrations, complimentary skin analysis, and product sampling [2] - Attendees will receive gift bags with skincare samples and a $25 discount card for future services [2] Group 3: Membership and Community Engagement - XWELL will introduce a flexible membership model at the Clearwater location, valid at both the new site and in-airports nationwide, promoting accessibility to wellness treatments [4] - A Plaza Discount of 15% off products and services will be offered to local employees, supporting community engagement [4] Group 4: Company Overview - XWELL, Inc. operates a portfolio of wellness brands, including Xpres Spa®, Naples Wax Center®, XpresCheck®, and HyperPointe™, aiming to redefine the modern wellness experience through innovation and accessibility [6]