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Xponential Fitness Reports Q2 Loss, Cuts Full-Year Revenue Guidance

Xponential Fitness logoXponential Fitness
Sig3.35Sen-6.80Env0.00Soc0.00Gov-0.80

Xponential Fitness reported Q2 results for the quarter ended June 30 that fell short of expectations. Revenue dropped 13% year over year to $66 million and the company swung to a $4.8 million net loss. North America same-store sales fell 6.8%, equipment revenue fell 26%, and merchandise revenue declined sharply. Selling, general and administrative expenses rose 33% on higher legal costs, and the company cut full-year revenue guidance to $250 million–$260 million.

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