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Xponential Fitness raises FY23 revenue view to $295M-$305M from $290M-$300M
The Fly

Xponential Fitness raises FY23 revenue view to $295M-$305M from $290M-$300M

Consensus $299.9M. Sees FY23 New studio openings in the range of 540 to 560, or an increase of 8% at the midpoint as compared to full year 2022; North America system-wide sales in the range of $1.385 billion to $1.395 billion, or an increase of 35% at the midpoint as compared to full year 2022; this compares to previous guidance of $1.370 billion to $1.380 billion; Adjusted EBITDA in the range of $102.5 million to $106.5 million, or an increase of 41% at the midpoint as compared to full year 2022; this compares to previous guidance of $102.0 million to $106.0 million.

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