Thanks! Bragg looks really interesting. Seems like the market is overlooking what kind of company it is...might take a while to playout as they eventually scale and then hopefully just buyback stock
XPOF - should have just ripped the bandaid off when new management came in. Just abandon all guidance / future growth targets. Turning a significant growth runway into a 'rebuilding year' is quite something. And calling out that they are basically going to stop giving away franchise licenses to unqualified people means closures should remain elevated for the next 12-24 months.
I've also been watching the XPOF story....that was an interesting report to say the least. I too was wrong about how bad things were and how long this turnaround will take. That said, I could make the argument that most of the bad news is now priced in. I'm still waiting and watching.
Thanks! Bragg looks really interesting. Seems like the market is overlooking what kind of company it is...might take a while to playout as they eventually scale and then hopefully just buyback stock
XPOF - should have just ripped the bandaid off when new management came in. Just abandon all guidance / future growth targets. Turning a significant growth runway into a 'rebuilding year' is quite something. And calling out that they are basically going to stop giving away franchise licenses to unqualified people means closures should remain elevated for the next 12-24 months.
Agree with all the points. And yes, closures will be elevated this year as guided. Unsure about 2026, but they definitely have to prove it out
I've also been watching the XPOF story....that was an interesting report to say the least. I too was wrong about how bad things were and how long this turnaround will take. That said, I could make the argument that most of the bad news is now priced in. I'm still waiting and watching.
I think Q1 and investor day are the next catalysts on this one