NEW YORK, NY / ACCESSWIRE / March 28, 2024 / If you suffered a loss on your

Xponential Fitness, Inc. (NYSE:XPOF) investment and want to learn about a

potential recovery under the federal securities laws, follow the link below

for more information:

https://zlk.com/pslra-1/xponential-fitness-lawsuit-submission-form?prid=73252&wire=1

or contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call

(212) 363-7500 to speak to our team of experienced shareholder advocates.

THE LAWSUIT: A class action securities lawsuit was filed against Xponential

Fitness, Inc. that seeks to recover losses of shareholders who were adversely

affected by alleged securities fraud between July 26, 2021 and December 7,

2023.

CASE DETAILS: The filed complaint alleges that defendants made false

statements and/or concealed that: (a) Xponential had permanently closed at

least 30 stores; (b) Xponential's reported same-store sales ("SSS") and

average unit volume metrics had been misstated by excluding underperforming

stores; (c) 8 out of 10 Xponential brands were losing money monthly; (d) over

50% of Xponential studios did not make a positive financial return; (e) over

60% of Xponential's revenue was one-time and nonrecurring; (f) more than 100

of the Company's franchises were for sale at a price that is at least 75% less

than their initial cost; (g) Xponential had misled many of its franchisees

into opening franchises by misrepresenting the financial profile and

profitability of its studios, as well as the expected rate of return for new

studio openings; (h) many Xponential franchisees were substantially in debt,

suffering high attrition rates and running non-viable studios that had no

realistic path to profitability; and (i) based on the foregoing, defendants

lacked a reasonable factual basis for their positive statements about

Xponential's then-current business operations and future financial prospects.

WHAT'S NEXT? If you suffered a loss in Xponential Fitness stock during the

relevant time frame - even if you still hold your shares - go to

https://zlk.com/pslra-1/xponential-fitness-lawsuit-submission-form?prid=73252&wire=1

to learn about your rights to seek a recovery. There is no cost or obligation

to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has

established itself as a nationally-recognized securities litigation firm that

has secured hundreds of millions of dollars for aggrieved shareholders and

built a track record of winning high-stakes cases. The firm has extensive

expertise representing investors in complex securities litigation and a team

of over 70 employees to serve our clients. For seven years in a row, Levi &

Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as

one of the top securities litigation firms in the United States. Attorney

Advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 17th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

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