Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Xponential Fitness, Inc. (XPOF) and Encourages Stockholders to Learn More About the Investigation
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Bronstein, Gewirtz & Grossman, LLC is investigating potential claims against Xponential Fitness, Inc. after the company announced a restatement of its 2023 financial statements. The restatement revealed accounting errors that increased net loss from $1.7 million to $6.4 million and decreased Adjusted EBITDA from $105.3 million to $100.3 million, causing the stock to drop.
March 23, 2025 | 2:15 pm
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The company's announcement of accounting errors in its 2023 financial statements could lead to potential legal action and investor concerns.
The financial restatement reveals significant accounting errors, which could trigger legal investigations, damage investor trust, and negatively impact the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100