European Wax Center (EWCZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
European Wax Center, Inc. (NASDAQ:EWCZ ) Q4 2024 Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Bethany Johns - Director-Investor Relations Chris Morris - Chairman & Chief Executive Officer Stacie Shirley - Chief Financial Officer Conference Call Participants Randal Konik - Jefferies Scot Ciccarelli - Truist Dana Telsey - Telsey Advisory Group Jonathan Komp - Baird Lauren Ng - Morgan Stanley Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to European Wax Center's Fourth Quarter Fiscal 2024 Earnings Call.
Issues fiscal 2025 outlook Fiscal Year 2024 versus 2023 Net new centers increased 2.2% to 1,067 total centers in 45 states System-wide sales of $951.0 million decreased 0.4% and increased 1.2% on a 52-week basis Total revenue of $216.9 million decreased 1.9% and was flat on a 52-week basis Same-store sales increased 0.2% GAAP net income of $14.7 million increased 21.9% Adjusted Net Income of $25.6 million increased 15.2% Adjusted EBITDA of $75.5 million decreased 0.7% PLANO, Texas, March 11, 2025 (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 52 weeks ended January 4, 2025 as compared to the 14 and 53 weeks ended January 6, 2024. Chris Morris, Chairman and CEO of European Wax Center, Inc. stated, “We ended fiscal 2024 on a solid note, delivering fourth quarter results in line with our expectations thanks to the loyalty of our core guests and strong semiannual Wax Pass promotional period.
Investors interested in stocks from the Cosmetics sector have probably already heard of European Wax Center, Inc. (EWCZ) and e.l.f. Beauty (ELF).
PLANO, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will participate in the BofA Securities 2025 Consumer and Retail Conference in Miami, Florida on March 12, 2025.
European Wax Center (EWCZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Investors interested in Cosmetics stocks are likely familiar with European Wax Center, Inc. (EWCZ) and e.l.f. Beauty (ELF).
This Industry Outlook article features Estee Lauder, Helen of Troy, and European Wax Center.
European Wax Center (EWCZ) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Even though there are economic difficulties, companies such as EL, HELE, and EWCZ seem to be in a good place when it comes to digital innovation and strategic plans.