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According to data from the IHRSA, the U.S. fitness club industry lost $20.4 billion in 2020, just a year after generating a record $35 billion in revenue. In Payments, Like Geopolitics, India Seeks a Third Way, Visitors Flock to Macau Again, But Its Gambling Dependence Draws Beijings Ire, Gina Raimondo Becomes China Player in a Job Where Her Predecessor Used to Nap, UK Mothers Say It No Longer Makes Financial Sense to Work, Starbucks Illegally Fired 6 New York Union Activists, Judge Rules, Vietnams VinFast Delivers First EVsto US Customers, Musk Tamps Down Speculation That Tesla Will Mine Lithium, Another Blow to City Centers: Retail Stores Move Outward, New York City Isnt Waiting for the White House to Enforce Fair Housing, Singapore Crypto Lender Hodlnaut's Founders Propose Selling Business Rather Than Liquidating Firm, Celsius Examiner Report Mentions FTX More Than 150 Times. The largest global franchiser of boutique fitness brands continues to grow exponentially. In partnership with its franchisees, Xponential offers energetic, accessible, and personalized workout experiences led by highly qualified instructors in studio locations across 48 U.S. states and Canada, and through master franchise or international expansion agreements in 12 additional countries. Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Founded in 2017 and headquartered in Irvine, California , Xponential Fitness, Inc., is a curator of leading boutique fitness brands across multiple verticals. You WILL sweat, and you WILL love it!., Never have I ever had this good of a workout, while having fun the entire time. Xponential Fitness is the curator of the best brands across every vertical in the boutique fitness . A 45-minute, 10-round full-body boxing & strength workout crafted around specially designed water-filled, teardrop-style boxing bags, Rumble delivers serious results in a fun, high-energy setting. "The addition of Pure Barre to our already robust portfolio of brands enhances our company and establishes Xponential as the number one curator . We all need courage, determination, focus, and stamina. Im not here to run each of these brands, because theres just no way I could be CEO of eight brands and run all the day-to-day operations, too.. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Stocks Drop for a Second Day; Yields Stay Elevated: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. Obviously, people need to do their jobs, but were not micromanaging. Management Team :: Xponential Fitness, Inc. (XPOF) Management Team Governance Documents Management Team Board of Directors Committee Composition Anthony Geisler Founder, Director and Chief Executive Officer Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. Our consumers came right back to the studio [post-Covid], Meloun says. Ms. Luna has served as our President since January 2021, and, prior to that, held various roles at our brands since 2015, including President of Pure Barre, and Senior Vice President of Operations and National Sales Director at Club Pilates. Overnight on Wall Street is daytime in Asia. Anthony Geisler, CEO and Founder of Xponential Fitness. Earlier in his career, Mr. Meloun served as World Wide Financial Planning & Analysis Manager at Emerson Network Power, and, prior to that, Mr. Meloun held various roles at Motorola, most recently serving as Senior Marketing and Engineering Analyst. Confident in . Name and Address of Reporting Person* H&W INVESTCO LP (Last) (First) (Middle) The IPO helps cap off a busy week for. StretchLab is an open, energetic studio designed to get your body moving the way it was intended to. Owner of 10 fitness concepts, including BFT, Xponential has a reputation for rapidly scaling its brands. We believe extensive training drives your success - from lease negotiation to build out, recruitment to finance, and sales & marketing, youll be supported every step of your journey! Bibendum mauris in id sagittis aenean. Xponentials public offering follows Mark Wahlberg-backed Australian franchise studio operator F45 Trainings debut on the public market last week. A fitness class held outside a CycleBar in Culver City, California. On my 5-day sailing on the Discovery Princess, there were 6 Pure Barre classes offered (either 1 . And it all started with one idea. Mr. Geisler holds a B.A. All I can tell you is that tomorrow were going to have the same challenges weve had every other day., He says that he will focus on where best to invest resources, including finding real estate and locations as well as supporting inexperienced franchisees, many of whom are running their first business with Xponential Fitness. Live market coverage co-anchored from Hong Kong and New York. Our Brands View All > BY THE NUMBERS 10 Founded in 2017 by Anthony Geisler, Xponential Fitness has built and curated a diversified platform of nine boutique fitness brands spanning across fitness and wellness verticals -. They worked their butts off, he says. C/O XPONENTIAL FITNESS, INC. 17877 VON KARMAN AVE, SUITE 100 (Street) IRVINE CA 92614 (City) (State) (Zip) 1. With rides designed for all fitness levels, we promise to empower, inspire and elevate you throughout every day. IRVINE, Calif.-- (BUSINESS WIRE)-- Xponential Fitness, Inc. (NYSE: XPOF) ("Xponential" or the "Company"), the largest global franchisor of boutique fitness brands, today reported financial results for the third quarter ended September 30, 2022. Mr. Geisler is our founder and has served as our Chief Executive Officer and on our board of directors since 2017. Answer: Xponential Fitness. Anthony Geisler is the Founder and CEO of Xponential Fitness, the curator of leading brands across each vertical of the boutique fitness industry, including Club Pilates, Pure Barre, CycleBar, Row House, StretchLab, AKT, YogaSix, and STRIDE. "Then it's, do you want to be partners with these people." What Could Elon Musk Possibly Be Thinking? The company offers XPASS, a fitness pass that allows members to attend classes across the company's nine brands, and gets "consumers who like to snack around within boutique fitness" to stick around, he says. With a goal to open more than 500 franchises yearly over the next half a decade, Anthonys confident that Xponential Fitness is heading in the right direction. It wasnt until 2001, however, that Anthony would develop an interest in fitness and franchising, when he began training at LA Boxing, a boutique boxing gym in Costa Mesa. From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. With many of our brands ranked in industry growth awards like Entrepreneur Magazine's Fastest Growing Franchise, Franchise 500 and the Inc 5,000 list, our brands continue to lead in the boutique fitness space. From boxing to barre and everything in between A healthier, better looking, and more successful you starting at $9.99 per month. Xponential Fitness Brings Aussie Favorite Body Fit Training to the U.S. Jill Abrahamsen November 4, 2022 6:00 am The Functional Training Franchise is Positioned for Nationwide Expansion You don't have to go Down Under to join the boutique fitness brand Body Fit Training (BFT) anymore. Xponential Fitness owner of companies like Pure Barre, Rumble, and YogaSix generated $63.8 million in revenue in Q3 2022, a 56% increase year-over-year. Highly recommend!, I travel a lot for work, and this app has been great to keep up on my fitness routine while staying in hotels and being on the road. Her work has been featured in Age of Awareness, Times Beacon Record, The New York Times, and she has an upcoming piece in Slate. He says what sets Xponential apart is its ability to keep consumers in its ecosystem. Raised in a working-class family in Southern California, Anthony witnessed firsthand his parents struggle to provide for their family. Track your investments 24 hours a day, around the clock from around the world. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Thats the business were in, though, he says. Live market coverage co-anchored from Hong Kong and New York. Creating a strong foundation for movement with a range of class offerings that challenge your mind as well as your body, Club Pilates provides a path to a more fulfilling life. I believe that if people dont have that time with their family, then they probably arent focused on whats going on at work. In addition, Mr. And a Car. I instruct franchise owners to do the same. Assets: Current Assets: Cash, cash equivalents and restricted cash $ 15,750 $ 21,320 Accounts receivable, net 15,865 11,702 Inventories 9,217 6,928 Prepaid expenses and other current assets IPO planned to raise $300 million at about $1 billion value, Bank of America, Goldman Sachs among banks working on deal. He has dedicated most of his career to franchising "Then the economicshow much money do these boxes make and is it something we can replicate," continued Geisler of his criteria. Xponential Fitness Enters 2023 'Fully Energized,' says CEO, Providing 2022 Operating Highlights Xponential Fitness grew its total members and studio visits by 32% and surpassed 2,600 open fitness studios. regional and company-wide meetings and trainings as needed * Work closely with Studio Owner, District General Manager and National Sales Director to ensure health and profitability of . Body Fit Training was founded in 2017 in Melbourne, Australia, and offers a variety of group classes for functional fitness, strength training, cardio, and conditioning. Xponential opened 240 new studios in 2020nearly 40% less than its 2019 totalbut expanded into countries including Saudi Arabia, Japan, South Korea and Australia. With our carefully curated playlists, high energy music, disco ball bumping and a supportive community, you will instantly feel welcome at AKT. Having been recognized for his entrepreneurial spirit at the University of Southern California in 1999, he created and sold a web development business for US$20,000 within a year of graduating. IRVINE, Calif., February 27, 2023--Xponential Fitness, Inc. (NYSE: XPOF) (the "Company" or "Xponential Fitness"), the largest global franchisor of boutique fitness brands, today announced. Why? With decades of fitness and franchising experience, Xponential Fitness is the largest boutique fitness franchisor with the resources, network, playbook, and platform in place available to help support and grow our franchise owners every step of the way. With the $44 million acquisition, Xponential plans to grow the company in the US and Canada. Previously, Mr. Meloun served in executive roles at The Joint Corp, a national operator, manager and franchisor of chiropractic clinics, including as Chief Financial Officer, and as Director of Financial Planning and Reporting. It was hard, manual, laborious work. Recognizing the potential of boutique fitness clubs, Geisler founded Xponential in 2017, making Club Pilates the companys first brand. We'll guide you through the entire opening process, from site selection, lease negotiation, and construction, to recruiting your studio staff and activating your membership sales process, and marketing your studio. XPLUS. The company will seek to raise about $300 million in the offering at a valuation of about $1 billion, said one of the people, who asked not to be identified because the information was private. articles a month for anyone to read, even non-subscribers! COPYRIGHT BRAND SOCIETY, LLC DBA ATHLETECH NEWS 2022, ALL RIGHTS RESERVED, Dry Scooping A Dangerous Fitness Trend Among Teens, FitOn Announces $40M in New Funding & Acquisition of Peerfit, Q&A with Shayan Azizbaeigi, SVP Product, Fitness & Wellbeing, Xplor Technologies: How Technology is Changing the Boutique Fitness Landscape, Startling Stat: PureGym Reveals 1 in 4 in the U.K. Feel Mentally, Physically, and Socially Unwell, Fhitting Room Expands, Celebrates 10-Year Anniversary, Minority Gym Report: Retro Fitness Targets Communities of Color with Project LIFT. 17877 Von Karman Ave, Suite 100, Irvine, CA, 92614 | 2022 Xponential Fitness, LLC. Pure Barre, YogaSix and StretchLab fitness classes are now available to guests . Their work ethic and devotion to the family was inspiring for Anthony. In addition to Club Pilates, he has brought 9 other brands onto the platform since, creating the largest boutique fitness franchise company in the world, with over 2,000 global locations. According to its filings, system-wide sales in 2020 fell 21.2% to $422.1 million, from $560.4 million the year prior. Xponential Fitness, Inc. 17877 Von Karman Ave Suite 100 Irvine, CA 92614 T: 949-346-3000 Investor Relations Addo Investor Relations T: 310-829-5400 investor@xponential.com Transfer Agent Computershare T: 781-575-2725 or 800-952-9245 (TDD) - press 0 and # to be directed to customer service https://www.computershare.com From his time as manager of Justin Bieber and Asher Roth, to his part in acquiring Big Machine Records, to selling his own company for $1 billion, Braun has built one of the most impressive resumes in music. Mr. Geisler began his career in fitness with the purchase of LA Boxing in 2001. January 11, 2023 Xponential Fitness CEO talks fitness demand, franchise growth, and adding brands Xponential Fitness, Inc. (NYSE: XPOF) is the largest global franchisor of boutique fitness brands. Xponential Fitness has acquired Body Fit Training, an Australian functional fitness franchise. The minute you sign your LOI, the marketing of your studio begins, with personalized support to ensure you generate maximum leads. 'Y':'N') +'&scr='+screen.width+'x'+screen.height+'x'+screen.colorDepth +'&z='+Math.random() +'&ref='+escape(document.referrer.substr(0,255)) +'&uri='+escape(document.URL.substr(0,255));document.write('
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