XPOF

In March 2026, Xponential Fitness reached a $17 million settlement with the Federal Trade Commission (FTC) for alleged Franchise Rule violations and deceptive practices, which caused a substantial stock price drop. Around the same time, the company finalized a $22.75 million settlement with over 500 current and former franchisees. In June 2026, Xponential Fitness faced a lawsuit and a $3.9 million fine in New York related to allegations of misleading prospective franchisees. In April 2026, under shareholder pressure, the company hired Jefferies to explore a potential sale or merger. In August 2026, Xponential Fitness reported a second-quarter net loss and cut its full-year outlook, leading to a 12% drop in shares. The company has been divesting non-core businesses and outsourcing retail to simplify operations and stabilize financial performance. The share price experienced a significant decline from $7.92 per share on September 19, 2025, to $3.65 per share on September 18, 2026.