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Xponential issued a press release on March 13, 2025, announcing the Company’s fourth quarter and full year financial results. Among other items, Xponential reported an unexpected loss for the fourth quarter, as well as a 7.7% year-over-year revenue decline. The press release also announced that Xponential’s Board of Directors had “determined that the Company’s financial statements for its fiscal year ended December 31, 2023 should be restated.”
Following this news, Xponential’s stock price fell over 38% on March 14, 2025.