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Stock impact report

Holzer & Holzer, LLC Reminds Shareholders of April 9, 2024 Lead Plaintiff Deadline in Xponential Fitness, Inc. (XPOF) Class Action – Nationally Ranked Investors’ Rights Firm Encourages Inv...

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: GlobeNewswire
ATLANTA, March 27, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors that a shareholder class action lawsuit has been filed against Xponential Fitness, Inc. (“Xponential Fitness,” or the “Company”) (NYSE: XPOF). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information, including: (a) that Xponential Fitness had permanently closed at least 30 stores; (b) that the Company’s reported SSS and AUV metrics had been misstated by excluding underperforming stores; (c) that 8 out of 10 Xponential Fitness brands were losing money monthly; (d) that over 50% of Xponential Fitness studios did not make a positive financial return; (e) that over 60% of the Company’s revenue was one-time and nonrecurring; (f) that more than 100 of the Company’s franchises were for sale at a price that is at least 75% less than their initial cost; (g) that Xponential Fitness had misled many of its franchisees into opening franc Show less Read more
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