The Joint Corp Provided Operating Metrics For The Year Ended 2023; Grows Annual System-wide Sales 12%, Increases Comp Sales Of 4% Compared To 2022; Opens 114 New Clinics, Expanding Year-end Total Clinic Count To 935

Author: Benzinga Newsdesk | January 11, 2024 08:44am

2023 Full Year Operating Highlights

Performed 13.6 million patient visits, compared to 12.2 million in 2022.
Treated 932,000 new patients, compared to 845,000 in 2022.
Increased system-wide sales1 12%, compared to 21% in 2022.
Delivered comp sales2 of 4%, compared to 9% in 2022.
Sold 55 franchise licenses, compared to 75 in 2022.
Expanded total clinic count to 935, up from 838 clinics at December 31, 2022.
- Opened 104, closed 13, and sold to corporate three franchised clinics for a total of 800 at December 31, 2023, compared to 712 at December 31, 2022.
- Opened 10, closed four, and acquired three company-owned or managed clinics for a total of 135 at December 31, 2023, compared to 126 at December 31, 2022.

Posted In: JYNT