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European Wax Center, Inc. Class A (EWCZ)
:EWCZ
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.06Last Year’s EPS
0.08Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 11, 2025
|% Change Since: -21.92%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a transitional period for European Wax Center, with strong performance in mature centers and a stable core customer base. However, challenges related to franchisee profitability, planned center closures, and macroeconomic pressures are significant. The company's focus on strengthening its executive team and improving operational infrastructure indicates a commitment to overcoming these challenges and returning to growth.Company Guidance
During the European Wax Center's fourth quarter fiscal 2024 earnings call, the company provided guidance for fiscal 2025, outlining a transitional year focused on solidifying the foundation for future growth. They anticipate system-wide sales between $940 million and $960 million, with same-store sales expected to be flat to positive 2%. Revenue is projected to be between $210 million and $214 million. They also anticipate opening 10 to 12 new centers while closing 40 to 60 underperforming ones. Adjusted EBITDA is expected to fall between $69 million and $71 million, with an emphasis on investing in marketing and technology to enhance their capabilities. The company aims to return to positive unit growth by the end of 2026, driven by initiatives to improve guest engagement and operational infrastructure.Stability in Core Guests
The core guest segment, which includes loyal Wax Pass holders, remains stable and committed to their waxing routines, providing a strong foundation for recurring revenue.
Strong Unit Economics in Mature Centers
Mature units exhibit strong unit economics with AUVs north of $1 million and approximately 40% cash-on-cash returns, indicating a solid performance in established locations.
Executive Team Strengthening
Appointment of Tom Kim as CFO, Katie Mullen as Chief Commercial Officer, and Chris Andrews as Chief Information and Digital Officer to drive growth and improve operational efficiencies.
Improved Gross Margin
Fourth quarter gross margin improved by 190 basis points to 74.3%, primarily due to continued cost savings and a higher mix of royalty and marketing fees.
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EWCZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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EWCZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 11, 2025 | $5.11 | $4.45 | -12.92% |
| Nov 14, 2024 | $8.01 | $6.16 | -23.10% |
| Aug 14, 2024 | $6.93 | $5.06 | -26.98% |
| May 15, 2024 | $10.90 | $11.43 | +4.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does European Wax Center, Inc. Class A (EWCZ) report earnings?
European Wax Center, Inc. Class A (EWCZ) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is European Wax Center, Inc. Class A (EWCZ) earnings time?
European Wax Center, Inc. Class A (EWCZ) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EWCZ EPS forecast?
EWCZ EPS forecast for the fiscal quarter 2025 (Q1) is 0.06.
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