NASDAQ$XWEL
XpresSpa Group Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
XpresSpa Group's financial results for Q2 2020 were filed, with a focus on the launch and expansion of XpresCheck testing facilities amidst the COVID-19 pandemic and the temporary closure of traditional spa locations.
XpresSpa Group announced its Q2 2020 financial results, highlighting the launch of XpresCheck COVID-19 testing facilities at JFK and Newark airports. The company temporarily closed all global spa locations due to COVID-19 restrictions and is focusing on expanding its health and wellness services through XpresCheck.
- All global spa locations were temporarily closed starting March 24, 2020, due to COVID-19 restrictions.
- The company launched XpresCheck COVID-19 testing facilities at JFK International Airport and Newark Liberty International Airport.
- XpresSpa Group is in discussions with other airports to open new testing centers or convert existing spas to XpresCheck locations.
- The company raised approximately $38.4 million through registered direct equity offerings to improve its working capital position.
Headline financials
Revenue & EPS history
XpresSpa · Revenue · Quarterly
$143K
Revenue by segment
XpresSpa · $6.64M total across 3 segments · Q1 2026
- XpresSpa$4.2M—63.2%
- XpresTest$1.92M—28.9%
- Naples Wax$524K—7.9%
Forward guidance
XpresSpa Group is focused on expanding the XpresCheck concept across U.S. airports and into additional health and wellness services, while also managing the risks and regulatory challenges associated with the COVID-19 testing business.
Tailwinds
- Expansion of XpresCheck concept across U.S. airports.
- Potential to expand testing to other communicable diseases.
- Opportunity to administer vaccinations for the seasonal flu.
- Positioned to be part of the national rollout of a COVID-19 vaccination when available.
- Focus on building comprehensive health and wellness service capabilities.
Headwinds
- Risks and uncertainties related to domestic and international air travel due to COVID-19.
- Regulatory challenges associated with the COVID-19 testing business.
- Uncertainty regarding the timing of possible XpresCheck openings.
- Dependence on airport traffic and passenger volume.
- Potential for actual results to vary materially from expectations.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2020
+1.1%
Avg return
Earnings day
-2.3%
Avg return
5 days after
-4.5%
Avg return
30 days after
43%
16 / 37 earnings
Positive
+24.4%
Q4 2019
Best reaction
-11.1%
Q4 2017
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | — | — | — | |
| Q3 2025 | +0.0% | -8.4% | -9.6% | |
| Q2 2025 | -5.8% | -8.3% | -8.3% | |
| Q1 2025 | +1.2% | +12.8% | +9.3% | |
| Q4 2024 | +0.0% | +0.0% | +15.4% | |
| Q3 2024 | -1.2% | -10.6% | -24.1% | |
| Q2 2024 | +3.7% | +0.5% | -14.8% | |
| Q1 2024 | +3.4% | -8.4% | +41.6% | |
| Q4 2023 | +0.0% | +0.7% | +32.1% | |
| Q3 2023 | +6.2% | +35.4% | +31.1% | |
| Q2 2023 | -4.2% | -4.2% | -25.0% | |
| Q1 2023 | +0.0% | +4.2% | +4.2% | |
| Q4 2022 | +6.3% | -9.4% | -21.9% | |
| Q3 2022 | +0.0% | -12.3% | -10.5% | |
| Q2 2022 | -6.5% | -5.4% | +9.7% | |
| Q1 2022 | -1.1% | -18.7% | -22.0% | |
| Q4 2021 | +8.2% | +52.0% | +11.2% | |
| Q3 2021 | +11.7% | +13.1% | +25.5% | |
| Q2 2021 | -6.9% | -13.1% | -2.9% | |
| Q4 2020 | +6.4% | -3.5% | -20.8% | |
| Q3 2020 | -1.1% | -13.4% | -22.5% | |
| Q2 2020 | -6.5% | -4.2% | -42.9% | |
| Q1 2020 | -7.5% | -5.5% | +6.5% | |
| Q4 2019 | +24.4% | +26.8% | +17.1% | |
| Q3 2019 | +2.0% | -5.9% | -41.6% | |
| Q2 2019 | +0.0% | +21.2% | +31.9% | |
| Q1 2019 | +7.8% | -9.0% | -40.0% | |
| Q4 2018 | +0.3% | -12.0% | -22.7% | |
| Q3 2018 | +0.0% | +0.0% | +11.1% | |
| Q2 2018 | +0.0% | -25.0% | -20.0% | |
| Q1 2018 | -4.8% | -31.7% | -20.6% | |
| Q4 2017 | -11.1% | -24.7% | -17.3% | |
| Q3 2017 | -0.8% | -4.0% | -6.5% | |
| Q2 2017 | +11.5% | +4.4% | +9.7% | |
| Q1 2017 | +4.9% | +1.9% | +5.6% | |
| Q4 2016 | +0.9% | -9.7% | -20.8% | |
| Q3 2016 | +0.8% | -8.0% | -15.6% | |
| Q2 2016 | -1.9% | -1.0% | +1.9% | |
| Q1 2016 | — | — | — | |
| Q4 2015 | — | — | — | |
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| Q4 2013 | — | — | — | |
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| Q4 2012 | — | — | — | |
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| Q2 2012 | — | — | — | |
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| Q4 2011 | — | — | — | |
| Q3 2011 | — | — | — |
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