Xponential Fitness Inc. (NYSE: XPOF) has completed the divestiture of its brand Stride Fitness to Stride Fitness Franchising Inc. owned by Shaun Grove the current president of Rumble Boxing.
Xponential Fitness Inc. (NYSE: XPOF) is expanding beyond fitness boutiques and gyms with its latest acquisition of Irvine-based Lindora, an operator of weight management-focused clinics. Terms of the deal were undisclosed.
Fitness studio franchisor Xponential Fitness Inc. (NYSE: XPOF) is set to acquire metabolic health firm Lindora in early 2024. Shares of the firm, currently valued at $675 million, fell 1.4% to $14.23 during midday trading.
Xponential Fitness Inc. (NYSE: XPOF) raised its 2023 outlook for revenue and new studio openings following its third quarter report on Tuesday. The fitness boutique franchisor anticipates 2023 revenue to reach the range of $305 million to $315 million, up from a previous guidance of $295 million to $305 million based on “the company’s performance year-to-date."
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