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Stock impact report

XpresSpa Announces Second Quarter 2019 Financial Results

XpresSpa Group, Inc. (XSPA) 
Last xpresspa group, inc. earnings: 11/14 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: xpresspagroup.com/investors/corp_overview
Company Research Source: GlobeNewswire
First quarter of positive comparable store sales since third quarter 2017 Loss from continuing operations reduced by 39.7% over prior year period First quarter of positive Adjusted EBITDA since fourth quarter 2017 NEW YORK, Aug. 14, 2019 (GLOBE NEWSWIRE) -- XpresSpa Group, Inc. (Nasdaq: XSPA), a health and wellness company, today announced financial results for the second quarter ended June 30, 2019. Doug Satzman, XpresSpa Group CEO, stated, “We are demonstrating significant progress in strengthening our operations and financial condition and thank our XpresSpa team for making this momentum possible. Comparable store sales rose 3.8% during the second quarter 2019, increased 1.4% on a year-to-date basis through June, and have been positive for five consecutive months from March through July. The second quarter 2019 recorded a reduction in our loss from continuing operations by 39.7% as well as marking our first quarter of positive Adjusted EBITDA since the fourth quarter 2017. Thi Show less Read more
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