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Joint Corp. sells 45 California clinics for $2.3 million
The Joint Corp. (NASDAQ:JYNT) has sold 45 corporate-managed chiropractic clinics in Southern California to Elite Chiro Group for approximately $2.3 million, as part of a strategic shift to a capital-light, pure-play franchisor model. This transaction significantly reduces the company’s corporate-managed clinics and aligns with “The Joint 2.0” growth strategy. Analysts predict profitability this year and an EPS forecast of $0.29 for fiscal 2026, supported by the company’s strong gross profit margin.