By Connor Hart

Shares of Xponential Fitness tumbled after the company widened its loss in the fourth quarter and issued a 2025 outlook that missed Wall Street's expectations.

The stock fell 30%, to $8.49, in post-market trading Thursday. Shares ended the regular session roughly flat, putting them down 19% in the past year.

The fitness company posted a loss of $43.5 million, or $1.36 a share, compared with a loss of $8 million, or 3 cents a share, a year earlier.

The wider loss stemmed from an impairment charge, as well as higher litigation and acquisition fees, both of which offset increased profitably and fewer financial transaction fees, the company said.

On an adjusted basis, Xponential reported a loss of 19 cents a share. Analysts surveyed by FactSet expected per-share earnings of 39 cents.

Revenue fell 7%, to $83.2 million, but came in ahead of the $81.1 million that analysts modeled.

Chief Executive Mark King said that he has a better understanding of the company's opportunities and challenges following two full quarters in its top role.

"It is clear from some of the issues we have found and are addressing that there is a lot to do," he said. "That said, I have full confidence in the team we've assembled; they all have experience executing on exactly what Xponential must execute on to sustainably grow."

In 2025, Xponential expects revenue of $315 million to $325 million, missing the $339.5 million that analysts polled by FactSet expected.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

March 13, 2025 18:38 ET (22:38 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.