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Announcing the Q3 2022 financial results, Planet Fitness reported that its total revenue increased by 58.4% to $244.4 million.
F45 had a Q3 2022 revenue of $29.3 million, an eight percent increase over the same period of 2021 with a net loss of $60 million.
Xponential Fitness reports its Q3 2022 revenue of $63.8 million and raises its guidance for full-year 2022 revenue and adjusted EBITDA.
DSG Ventures, DICK’s Sporting Goods’ new in-house fund, will help companies directly serving athletes & their communities through innovation.
Café vendor Brent Rodgers tells Athletech News that he has seen the way Equinox treats its employees and members, and would constantly lie.
Equinox CEO Harvey Spevak says his company had a record growth in the six out of last seven months, with Sept being biggest month ever.
Since consumers have been returning to gyms, Peloton has been unable to sell enough bikes, causing the Affirm share to plunge.
Peloton filed lawsuits against iFit and Echelon last year, alleging they profited from its tech and used the leaderboards.
According to the GWI Research report, for every $844 annual increase in wellness spending per person, happiness levels increase seven percent.
On the Peloton Q1 2023 earnings call, CEO Barry McCarthy said that the results show his company is making significant progress.
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