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The Joint Corp. reported record second-quarter financial results, with significant growth in revenue, system-wide sales, and operating income. The company also raised all elements of its guidance for the year.
Revenue increased by 61% compared to Q2 2020.
System-wide sales grew by 64% compared to Q2 2020.
System-wide comp sales increased by 53% compared to Q2 2020.
Operating income rose by 687% compared to Q2 2020.
Due to strong second quarter 2021 revenues, as well as increased franchise openings and greenfield activity, management raised all elements of its 2021 financial guidance.