The Joint Corp. Expects to Restate Full Year 2024 and First Quarter 2025 Financial Statements due to Overestimated Noncash Impairment Charges
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The Joint Corp. Appoints Ron Stilwell as Senior VP of Operations and Patient Experience
- Executive Appointment: The Joint Corp. has appointed Ron Stilwell as Senior Vice President of Operations and Patient Experience, effective immediately, following his role as President at FullSpeed Automotive, where he oversaw nearly 1,000 franchised units focusing on operational excellence and strategic growth.
- Extensive Experience: With three decades of success in franchise operations, P&L management, and customer satisfaction, Stilwell previously helped Marco's Pizza achieve recognition as a top franchise brand known for rapid growth and operational excellence.
- Strategic Goals: Reporting directly to CEO Sanjiv Razdan, Stilwell is expected to drive growth by enhancing patient experience and improving franchisee relations, thereby strengthening clinic economics and profitability.
- Future Outlook: Stilwell expressed excitement about collaborating with management and franchisees to elevate patient experiences, with expectations to increase new patient acquisition, boost topline sales, and enhance profitability for both franchisees and the company.
The Joint Corp. Appoints Ron Stilwell as SVP of Operations and Patient Experience
- Executive Appointment: The Joint Corp. has appointed Ron Stilwell as Senior Vice President of Operations and Patient Experience, filling the role previously held by Eric Wyatt, and is expected to enhance patient experience and franchisee relations through his extensive expertise in franchise operations and customer satisfaction.
- Industry Experience: During his tenure as President at FullSpeed Automotive, Stilwell successfully managed nearly 1,000 franchised units, driving strategic growth for flagship brands, demonstrating his capability in improving operational efficiency and profitability.
- Strategic Goals: Stilwell expressed his commitment to enhancing patient experience and acquiring new patients, which is expected to drive sales growth for both the company and franchisees by improving service quality and overall profitability.
- Market Leadership: As the largest chiropractic franchisor in the U.S. with over 950 locations and more than 14 million patient visits annually, The Joint's leadership position in the industry is further solidified with Stilwell's addition to the team.
Thursday's Underperforming Sectors: Oil & Gas Exploration, Rental, Leasing, and Royalty Stocks
Market Performance: Rental, leasing, and royalty shares are lagging behind the market, down approximately 0.9% overall.
Key Contributors: Research Frontiers and Joint are leading the decline, with shares down about 3.5% and 2.5%, respectively.
Sector Laggards: The oil and gas exploration and production sector is also noted as a laggard on the same day.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
The Joint Corp. Sells 22 Clinics for $1.5 Million
- Asset Sale: The Joint Corp. signed an Asset Purchase Agreement to sell 22 corporate-owned or managed clinics for $1.5 million, which is expected to enhance the company's financial flexibility and optimize asset allocation.
- Management Service Agreements: Buyers will assume business operations via Management Service Agreements in mid-December until lease reassignments are completed, ensuring business continuity and minimizing operational disruption risks.
- Existing Franchisee Expansion: Nine clinics will be purchased by an existing franchisee with over 13 years of experience, indicating franchisee confidence in the company's business model, which will help enhance brand image and market recognition.
- Strategic Growth Plan: This transaction aligns with the company's strategy to reignite growth by attracting experienced operators, aiming to improve profitability at both clinic and company levels, thereby further solidifying its leadership position in the chiropractic care industry.
Insider Buying Update for Thursday, December 4: DMLP, JYNT
Dorchester Minerals Insider Purchase: Director Frank Damon Box bought 5,000 shares of DMLP at $21.96 each, totaling $109,825, and is currently up 2.9% based on recent trading highs.
Joint Insider Purchase: Charles E. Jobson purchased 13,000 shares of Joint for $8.41 each, amounting to $109,330, with a slight increase of 0.2% in trading on Thursday.
Previous Purchases: Box had previously bought shares worth $102,276 at $25.57 each, while Jobson's earlier purchase was for $141,668 at $8.45 each.
Market Performance: Dorchester Minerals is up 1.1% on Thursday, reflecting positive market activity for both companies involved.
Take Care of Your Back This Holiday with The Joint Chiropractic's "Back Friday Offers"
Holiday Chiropractic Offer: The Joint Chiropractic is launching its annual "Back Friday" campaign from Nov. 17 to Dec. 8, offering additional chiropractic visits with the purchase of visit packages to help alleviate holiday-related back stress.
Benefits of Chiropractic Care: Chiropractic adjustments can help reduce stress headaches, muscle tension, and fatigue, providing a natural energy boost and improved mobility during the demanding holiday season.
Convenient Care Model: The Joint Chiropractic operates with a no-appointments, no-insurance hassle model, making chiropractic care accessible and affordable for a wide range of patients, including children, athletes, and seniors.
Industry Leadership: The Joint Corp. is the largest operator of chiropractic clinics in the U.S., recognized for its innovative retail healthcare model and consistently ranked among top franchises in the chiropractic industry.
The Joint Corp. Appoints Ron Stilwell as Senior VP of Operations and Patient Experience
- Executive Appointment: The Joint Corp. has appointed Ron Stilwell as Senior Vice President of Operations and Patient Experience, effective immediately, following his role as President at FullSpeed Automotive, where he oversaw nearly 1,000 franchised units focusing on operational excellence and strategic growth.
- Extensive Experience: With three decades of success in franchise operations, P&L management, and customer satisfaction, Stilwell previously helped Marco's Pizza achieve recognition as a top franchise brand known for rapid growth and operational excellence.
- Strategic Goals: Reporting directly to CEO Sanjiv Razdan, Stilwell is expected to drive growth by enhancing patient experience and improving franchisee relations, thereby strengthening clinic economics and profitability.
- Future Outlook: Stilwell expressed excitement about collaborating with management and franchisees to elevate patient experiences, with expectations to increase new patient acquisition, boost topline sales, and enhance profitability for both franchisees and the company.
The Joint Corp. Appoints Ron Stilwell as SVP of Operations and Patient Experience
- Executive Appointment: The Joint Corp. has appointed Ron Stilwell as Senior Vice President of Operations and Patient Experience, filling the role previously held by Eric Wyatt, and is expected to enhance patient experience and franchisee relations through his extensive expertise in franchise operations and customer satisfaction.
- Industry Experience: During his tenure as President at FullSpeed Automotive, Stilwell successfully managed nearly 1,000 franchised units, driving strategic growth for flagship brands, demonstrating his capability in improving operational efficiency and profitability.
- Strategic Goals: Stilwell expressed his commitment to enhancing patient experience and acquiring new patients, which is expected to drive sales growth for both the company and franchisees by improving service quality and overall profitability.
- Market Leadership: As the largest chiropractic franchisor in the U.S. with over 950 locations and more than 14 million patient visits annually, The Joint's leadership position in the industry is further solidified with Stilwell's addition to the team.
Thursday's Underperforming Sectors: Oil & Gas Exploration, Rental, Leasing, and Royalty Stocks
Market Performance: Rental, leasing, and royalty shares are lagging behind the market, down approximately 0.9% overall.
Key Contributors: Research Frontiers and Joint are leading the decline, with shares down about 3.5% and 2.5%, respectively.
Sector Laggards: The oil and gas exploration and production sector is also noted as a laggard on the same day.
Author's Perspective: The views expressed in the article are those of the author and do not necessarily represent Nasdaq, Inc.
The Joint Corp. Sells 22 Clinics for $1.5 Million
- Asset Sale: The Joint Corp. signed an Asset Purchase Agreement to sell 22 corporate-owned or managed clinics for $1.5 million, which is expected to enhance the company's financial flexibility and optimize asset allocation.
- Management Service Agreements: Buyers will assume business operations via Management Service Agreements in mid-December until lease reassignments are completed, ensuring business continuity and minimizing operational disruption risks.
- Existing Franchisee Expansion: Nine clinics will be purchased by an existing franchisee with over 13 years of experience, indicating franchisee confidence in the company's business model, which will help enhance brand image and market recognition.
- Strategic Growth Plan: This transaction aligns with the company's strategy to reignite growth by attracting experienced operators, aiming to improve profitability at both clinic and company levels, thereby further solidifying its leadership position in the chiropractic care industry.
Insider Buying Update for Thursday, December 4: DMLP, JYNT
Dorchester Minerals Insider Purchase: Director Frank Damon Box bought 5,000 shares of DMLP at $21.96 each, totaling $109,825, and is currently up 2.9% based on recent trading highs.
Joint Insider Purchase: Charles E. Jobson purchased 13,000 shares of Joint for $8.41 each, amounting to $109,330, with a slight increase of 0.2% in trading on Thursday.
Previous Purchases: Box had previously bought shares worth $102,276 at $25.57 each, while Jobson's earlier purchase was for $141,668 at $8.45 each.
Market Performance: Dorchester Minerals is up 1.1% on Thursday, reflecting positive market activity for both companies involved.
Take Care of Your Back This Holiday with The Joint Chiropractic's "Back Friday Offers"
Holiday Chiropractic Offer: The Joint Chiropractic is launching its annual "Back Friday" campaign from Nov. 17 to Dec. 8, offering additional chiropractic visits with the purchase of visit packages to help alleviate holiday-related back stress.
Benefits of Chiropractic Care: Chiropractic adjustments can help reduce stress headaches, muscle tension, and fatigue, providing a natural energy boost and improved mobility during the demanding holiday season.
Convenient Care Model: The Joint Chiropractic operates with a no-appointments, no-insurance hassle model, making chiropractic care accessible and affordable for a wide range of patients, including children, athletes, and seniors.
Industry Leadership: The Joint Corp. is the largest operator of chiropractic clinics in the U.S., recognized for its innovative retail healthcare model and consistently ranked among top franchises in the chiropractic industry.
