Xponential Fitness Cuts Guidance For Studio Openings, Revenue And Adjusted EBITDA Citing Q2 Shortfall And Current Business Conditions
Portfolio Pulse from Benzinga Newsdesk
Xponential Fitness has reduced its guidance for studio openings, revenue, and adjusted EBITDA due to a shortfall in Q2 and current business conditions.
August 01, 2024 | 9:22 pm
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Xponential Fitness has lowered its guidance for studio openings, revenue, and adjusted EBITDA due to a Q2 shortfall and current business conditions.
The reduction in guidance indicates that the company is facing challenges in its business operations, which is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100