Xponential Fitness, Inc. (NYSE:XPOF) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET

Company Participants

Avery Wannemacher - Senior Associate, Addo Investor Relations

Anthony Geisler - CEO

Sarah Luna - President

John Meloun - CFO

Conference Call Participants

Randy Konik - Jefferies

Julio Marquez - Guggenheim Securities

Ryan Meyers - Lake Street Capital Markets

Warren Cheng - Evercore ISI

Megan Alexander - Morgan Stanley

Jeff Van Sinderen - B. Riley Securities FBR

Joe Altobello - Raymond James

Korinne Wolfmeyer - Piper Sandler

Jonathan Komp - Baird

JP Wollam - ROTH Capital Partners

Alex Perry - Bank of America Merrill Lynch

Operator

Good day, and welcome to the Xponential Fitness Inc. Third Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded.

I would now like to turn the conference over to Avery Wannemacher, Senior Associate, Addo Investor Relations. Please go ahead.

Avery Wannemacher

Thank you, operator. Good afternoon, and thank you all for joining our conference call to discuss Xponential Fitness third quarter 2023 financial results. I am joined by Anthony Geisler, Chief Executive Officer; Sarah Luna, President; and John Meloun, Chief Financial Officer. A recording of this call will be posted on the Investors section of our website at investor.xponential.com.

We remind you that during this conference call, we will make certain forward-looking statements, including discussions of our business outlook and financial projections. These forward-looking statements are based on management's current expectations and involve risks and uncertainties that could cause our actual results to differ materially from such expectations. For a more detailed description of these risks and uncertainties, please refer to our recent and subsequent filings with the SEC. We assume no obligation to update the information provided on today's call.

In addition, we will be discussing certain non-GAAP financial measures in this conference call. We use non-GAAP measures because we believe they provide useful information about our operating performance that should be considered by investors in conjunction with the GAAP measures that we provide. A reconciliation of these non-GAAP measures to -- most of our GAAP measures is included in the earnings release that was issued earlier today prior to this call.

Please note that all numbers reported in today's prepared remarks refer to global figures, unless otherwise noted. I will now turn the call over to Anthony Geisler, Chief Executive Officer of Xponential Fitness.