European Wax Center, Inc. Reports Third Quarter Fiscal Year 2024 Results
European Wax Center, Inc. - Class A (EWCZ)
Company Research
Source: GlobeNewswire
Reiterates fiscal 2024 financial outlook Updates fiscal 2024 outlook for net new centers Third Quarter Fiscal 2024 versus 2023 Net new centers increased 3.7% to 1,064 total centers in 45 statesSystem-wide sales of $240.2 million decreased 0.2%Total revenue of $55.4 million decreased 0.5%Same-store sales decreased 0.5%GAAP net income of $2.0 million decreased 50.7%Adjusted net income of $5.5 million decreased 8.2%Adjusted EBITDA of $18.4 million decreased 4.4% PLANO, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 and 39 weeks ended October 5, 2024. David Berg, Executive Chairman and CEO of European Wax Center, Inc. stated, “We are pleased that our third quarter results were in line with the revised expectations we provided in August. Over the past three months, I’ve been immersing myself in the business,
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EWCZ
News
- SHAPE Names European Wax Center "Best Nationwide Waxing Studio" [Yahoo! Finance]Yahoo! Finance
- SHAPE Names European Wax Center "Best Nationwide Waxing Studio"PR Newswire
- European Wax Center, Inc. (NASDAQ: EWCZ) had its "underweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $5.00 price target on the stock.MarketBeat
- European Wax Center Inc (EWCZ) Q3 2024 Earnings Call Highlights: Navigating Challenges with ... [Yahoo! Finance]Yahoo! Finance
- European Wax Center, Inc. (NASDAQ: EWCZ) had its "outperform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $8.00 price target on the stock.MarketBeat
EWCZ
Sec Filings
- 11/15/24 - Form 8-K/A
- 11/15/24 - Form NT
- 11/15/24 - Form 10-Q
- EWCZ's page on the SEC website