Xponential Fitness, Inc. (XPOF) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.176 Good afternoon, ladies and gentlemen, and welcome to Exponential Fitness, 00:00:05.176 -- 00:00:10.262 Inc. First Quarter 2025 Earnings Call. At this time, note that 00:00:10.262 -- 00:00:14.686 all lines are in the listen-only mode. Following the presentation, we will conduct a 00:00:14.686 -- 00:00:19.011 question and answer session. And if at any time during this call you require immediate 00:00:19.011 -- 00:00:22.334 assistance, please press star zero for an operator. 00:00:22.334 -- 00:00:25.918 Also note that this call is being recorded on Thursday, May 8, 2025. 00:00:25.918 -- 00:00:31.204 And I would like to turn the conference over to Patricia Neer, From Addo Investor 00:00:31.204 -- 00:00:34.148 Relations, please go ahead. 00:00:34.148 -- 00:00:37.733 Thank you, Operator. Good afternoon, and thank you all for joining our conference call 00:00:37.733 -- 00:00:42.640 to discuss Exponential Fitness' first quarter 2025 financial results. 00:00:42.640 -- 00:00:48.609 I am joined by Mark King, Chief Executive Officer, and John Malone, Chief Financial Officer. 00:00:48.609 -- 00:00:54.935 A recording of this call will be posted on the Investor section of our website at investor.exponential.com. 00:00:55.786 -- 00:00:59.250 We remind you that during this conference call, we will make certain forward-looking 00:00:59.250 -- 00:01:04.075 statements, including discussions of our business outlook and financial projections. 00:01:04.075 -- 00:01:08.539 These forward-looking statements are based on management's current expectations and involve 00:01:08.539 -- 00:01:12.664 risks and uncertainties that could cause our actual results to differ materially from 00:01:12.664 -- 00:01:14.506 such expectations. 00:01:14.506 -- 00:01:18.790 For...