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-0.00212464589235123 0.00283286118980176 -0.00070821529745041 -0.00191218130311609 -0.00424929178470258 0.00991501416430599 0.00424929178470258 0.00424929178470258
Stock impact report

Why Xponential Fitness (XPOF) Stock Is Trading Lower Today [Yahoo! Finance]

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: Yahoo! Finance
Shares of boutique fitness studio franchisor Xponential Fitness (NYSE:XPOF) fell 23.4% in the afternoon session after the company reported second-quarter results that missed expectations and lowered its full-year financial guidance. The boutique fitness franchisor reported second-quarter revenue of $76.21 million, which was flat year on year and missed analysts' expectations of $77.35 million. Its adjusted earnings per share of $0.26 also fell short of consensus estimates. The shortfall prompted a negative revision to its future outlook. Management lowered its full-year revenue guidance to a midpoint of $305 million, a 4.7% drop from its previous forecast. Similarly, its full-year adjusted EBITDA guidance was cut to a midpoint of $108.5 million, coming in well below Wall Street's projections. These downward revisions signaled to investors that the company anticipates challenges ahead, contributing to the negative reaction in its stock price. Show less Read more
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