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Stock impact report

StretchLab Becomes First Assisted Stretching Franchise to Reach 500 Studios In North America [Yahoo! Finance]

Xponential Fitness, Inc. Class A (XPOF) 
Company Research Source: Yahoo! Finance
IRVINE, Calif., October 22, 2024 BUSINESS WIRE StretchLab , the largest assisted stretching brand, announced today it has officially reached 500 open locations in the U.S. alongside celebrating its most recent opening of StretchLab Honolulu in Hawaii. The opening of the Honolulu studio marks a milestone for the franchise as the first StretchLab to open its doors in the Aloha State's capital city. The opening ushers in a first-of-its-kind achievement by officially surpassing 500 open studios globally and reaching 1,000 licenses awarded, solidifying its status as the leader of the modality with continued demand. "Exceeding 500 locations just 10 months after celebrating 400 open locations, along with awarding over 1,000 licenses worldwide, is a testament to the rapid rise of this once-niche practice and how beneficial assisted stretching is for consumers across a variety of communities," said Verdine Baker, President of StretchLab. "Our franchisees are incredibly engaged and the locat Show less Read more
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