XPOF - Xponential Fitness Inc. (XPOF) Class Action Lawsuit Filed on Behalf of Investors – Nationally Ranked Investors' Rights Firm Holzer & Holzer LLC Encourages Investors With Significant Losses to Contact the Firm | Benzinga

ATLANTA, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Holzer & Holzer, LLC reminds investors that a shareholder class action lawsuit has been filed against Xponential Fitness, Inc. ("Xponential Fitness,"?or the "Company") (NYSE:XPOF). The lawsuit alleges Defendants made materially false and misleading statements and/or failed to disclose material adverse information, including: (a) that Xponential Fitness had permanently closed at least 30 stores; (b) that the Company's reported SSS and AUV metrics had been misstated by excluding underperforming stores; (c) that 8 out of 10 Xponential Fitness brands were losing money monthly; (d) that over 50% of Xponential Fitness studios did not make a positive financial return; (e) that over 60% of the Company's revenue was one-time and nonrecurring; (f) that more ...

XPOF) Class Action Lawsuit Filed on Behalf of Investors – Nationally Ranked Investors' Rights Firm Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm>Full story available on Benzinga.com