Xponential Fitness Signs Master Franchise Agreement in New Zealand for CycleBar, StretchLab & Rumble
Xponential Fitness, Inc. Class A (XPOF)
Company Research
Source: Business Wire
New Agreement with Australian Partner Who Will Immediately Begin Promotion & Development of Brands in Neighboring New Zealand IRVINE, Calif.--(BUSINESS WIRE)--Xponential Fitness, Inc. (NYSE: XPOF), a curator of leading boutique fitness brands across multiple verticals, announced today that it has recently signed a Master Franchise Agreement in New Zealand for three of its brands: CycleBar, StretchLab, and Rumble. The agreement provides the Master Franchisee with the opportunity to license at least 30 studios across the three brands to potential franchisees in New Zealand over the next 10 years. Xponential has over 2,000 open studios worldwide, operating in 10 countries and across four continents.The New Zealand Master Franchisee, Boutique Fitness Studios NZ Ltd., is a wholly owned subsidiary of Boutique Fitness Studios Pty Ltd., Xponential’s Master Franchisee in Australia for CycleBar, StretchLab and Rumble, which is run by CEO Matt Gordin.“New Zealand is a natural extension of our
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XPOF
Earnings
- 2/29/24 - Miss
XPOF
Sec Filings
- 4/19/24 - Form 3
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- XPOF's page on the SEC website