Club Pilates, Pure Barre, CycleBar, and
StretchLab Return to the List; Row House and YogaSix Debut at 476
and 494, Respectively
Xponential Fitness, Inc. (NYSE: XPOF), the largest global
franchisor of boutique fitness brands, has announced that six of
its ten brands have earned rankings on Entrepreneur’s 2023
Franchise 500® list, the first time that more than half of the
company’s portfolio has been recognized in the same year. The 44th
annual Franchise 500 is a highly sought-after honor in the
franchise industry, ranking brands based on unit growth, financial
strength and stability, and brand power.
Pure Barre, Club Pilates, CycleBar and StretchLab all excelled
in these capacities, reappearing on the list at numbers 181, 211,
370, and 397, respectively. Sister brands Row House and YogaSix
also made their debuts at 476 and 494, respectively, cementing
Xponential’s position as a high-growth industry leader. Notably,
Club Pilates, Pure Barre, StretchLab, and YogaSix lead their
respective modalities – Pilates, barre, assisted stretching, and
yoga – as No. 1 in their category.
“Each year, Xponential Fitness continues to raise the bar,
thanks to our dedicated franchise partners, world-class boutique
fitness offerings, and cutting-edge technologies from XPASS to
XPLUS,” said Sarah Luna, President of Xponential Fitness. “Landing
over half of our brands on this coveted list is a testament to
Xponential’s strength and innovation in the boutique fitness
industry. With the incomparable support we provide our franchise
partners, combined with the creativity and determination of our
entire franchise partner and employee base, we are confident that
all of our brands can remain their undeniable category
leaders.”
In Entrepreneur’s continuing effort to best understand and
evaluate the ever-changing franchise marketplace, the company’s
44-year-old ranking formula continues to evolve as well. The
editorial team researches and assesses several factors that go into
the evaluation including costs and fees, size and growth, support,
brand strength, and financial strength and stability. Each
franchise is given a cumulative score based on an analysis of more
than 150 data points, and the 500 franchises with the highest
cumulative scores become the Franchise 500® in ranking order.
Overall, Xponential experienced one of its strongest years in
2022, opening 511 studios globally in 2022, including locations in
the United States, Canada, Singapore, Australia, New Zealand,
Dominican Republic, South Korea, Japan, Spain, and the UK.
Xponential also sold over 1,000 new franchise licenses in 2022 and
signed master franchise and international expansion agreements in
new markets including Portugal, Kuwait, Mexico, and the UK. In Q4,
2022, the Company also reached a new milestone, with North American
run-rate average unit volumes reaching $522,000. The Company
announced a number of strategic partnerships including lululemon,
Princess Cruises, C4 Energy®, and Aktiv+ Solutions, among others,
marking advances in their mission to make boutique fitness
accessible for everyone. In addition to the six brands ranked, the
Xponential family also includes Rumble, and BFT, AKT, and STRIDE
Fitness.
To view Club Pilates, Pure Barre, CycleBar, StretchLab, YogaSix
and Row House in the full ranking, visit www.entrepreneur.com/franchise500. Results can
also be seen in the January/February 2023 issue of Entrepreneur,
available on newsstands January 10. For more information about all
Xponential Fitness brands, visit www.xponential.com.
ABOUT XPONENTIAL FITNESS
Xponential Fitness, Inc. (NYSE: XPOF) is the largest global
franchisor of boutique fitness brands. Through its mission to make
boutique fitness accessible to everyone, the Company operates a
diversified platform of ten brands spanning across verticals
including Pilates, indoor cycling, barre, stretching, rowing,
dancing, boxing, running, functional training and yoga. 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 14 additional countries. Xponential Fitness’
portfolio of brands includes Club Pilates, the nation’s largest
Pilates brand; CycleBar, the nation’s largest indoor cycling brand;
StretchLab, the largest assisted stretching brand in the United
States; Row House, a high-energy, low-impact indoor rowing workout;
AKT, a dance-based cardio workout combining toning, interval and
circuit training; YogaSix, the largest franchised yoga brand; Pure
Barre, a total body workout that uses the ballet barre to perform
small isometric movements; STRIDE Fitness, a treadmill-based cardio
and strength training concept; Rumble, a boxing-inspired full-body
workout; and BFT, a functional training, and strength-based
program. For more information, please visit the Company’s website
at xponential.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230111005964/en/
David Robertson, Fishman Public Relations,
drobertson@fishmanpr.com or 847-945-1300
Xponential Fitness (NYSE:XPOF)
Historical Stock Chart
From Jun 2024 to Jul 2024
Xponential Fitness (NYSE:XPOF)
Historical Stock Chart
From Jul 2023 to Jul 2024