The Joint Chiropractic expands into Delaware with first clinic

Published 03/10/2025, 13:54
The Joint Chiropractic expands into Delaware with first clinic

DOVER - The Joint Corp. (NASDAQ:JYNT), the nation’s largest provider of chiropractic care through The Joint Chiropractic network, opened its first location in Delaware on Friday, expanding its retail footprint to 43 states and the District of Columbia. The company maintains strong financial health with a 78% gross profit margin and generates over $53 million in annual revenue.

The new clinic, located at 50 North Dupont Highway in Dover, is owned by Delaware natives Troy and Dr. Cherese Bratcher, D.C., who also operate a clinic in Knightdale, North Carolina.

"I’m proud to share that The Joint has officially arrived in Delaware, marking an important step in our continued growth, especially in the northeast," said Sanjiv Razdan, President and CEO of The Joint Corp.

Dr. Cherese Bratcher, who has been a Doctor of Chiropractic for 10 years and is also a registered nurse and licensed massage therapist, will lead the clinical operations. Her husband Troy recently retired from over 20 years in cosmetology and barbering businesses to help develop The Joint’s presence in Delaware.

The Joint Chiropractic’s business model features a retail healthcare approach with no appointments necessary, no insurance requirements, and extended operating hours including evenings and weekends.

The company currently operates more than 950 locations nationwide with approximately 14 million patient visits annually, according to the press release statement. Trading near its 52-week low, JYNT shows potential upside based on InvestingPro’s Fair Value analysis, with multiple ProTips available for subscribers.

In other recent news, The Joint Corp. reported its Q2 2025 earnings, revealing a mixed financial performance. The company posted an earnings per share (EPS) of $0.01, surpassing analysts’ expectations of a $0.04 loss per share. However, revenue slightly missed projections, totaling $13.3 million against the anticipated $13.32 million. In other developments, The Joint Corp. has finalized a separation agreement with its former Chief Financial Officer, Jake Singleton. The agreement includes separation benefits such as a cash payment equal to six months of his base salary and additional payments for accumulated time off and accrued expenses. Furthermore, Debbie L. Gonzalez has been appointed as the new Chief Marketing Officer, effective October 7, 2025. Gonzalez brings extensive experience from her previous role at Concentrix, a Fortune 500 company. These recent developments highlight significant executive changes and financial results within The Joint Corp.

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