Xponential Fitness Inc., franchisor of boutique fitness brands, provided second quarter 2022 operating highlights, including same-store growth of 25 percent.

“Xponential Fitness expects to deliver strong results for the second quarter of 2022 and has continued to reinforce its position as the leading provider of boutique fitness globally,” said Anthony Geisler, CEO. “We saw consistent strength across all of our key operating metrics in the second quarter as consumers continue to prioritize health and wellness as a necessary investment, not discretionary spend. While no one is entirely immune from inflation or overall macroeconomic uncertainty, we are delivering on our expectations. Xponential entered the second half of 2022 on solid ground and is on track to meet or exceed guidance metrics for the year.”

Q2 2022 Operating Highlights
For the quarter ended June 30, 2022, the company provided the following preliminary results. All figures are for North America unless otherwise noted as global.

  • Opened 128 studios, increasing global open studios to 2,357;
  • Sold 251 licenses, increasing the total licenses sold to 4,935 across ten brands globally;
  • Grew total members by 32 percent year-over-year to 539,000, up from 408,000 in Q2 2021;
  • Grew studio visits by 28 percent year-over-year to 9.7 million, up from 7.6 million in Q2 2021;
  • Increased system-wide sales to $250 million, up 45 percent from $172 million in Q2 2021;
  • Delivered same-store sales growth of 25 percent, compared to 129 percent in Q2 2021; and
  • Achieved Q2 2022 run-rate average unit volume (AUV) of $480,000, compared to $384,000 in Q2 2021.

The company will report full results on August 11.

Xponential Fitness’ portfolio of brands includes Club Pilates, CycleBar, StretchLab, Row House, AKT, YogaSix, Pure Barre, Stride, Rumble and BFT.

Photo courtesy Xponential Fitness