EWCZ Earnings Prediction
The chart below shows how EWCZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, EWCZ sees a +11.97% change in stock price 10 days leading up to the earnings, and a +3.90% change 10 days following the report. On the earnings day itself, the stock moves by -2.65%. This data can give you a slight idea of what to expect for the next quarter's release.
EWCZ Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
55.43M
-0.52%
-7.42%
Gross Margin
63.78%
1.66%
-1.74%
Operating Margin
22.47%
0.27%
-1.92%
Net Margin
3.66%
-51.39%
-63.47%
EPS
0.03
-50.00%
-66.67%
No Data Available
EWCZ Earnings Analysis
European Wax Center, Inc. Class A Common Stock Corporation (EWCZ.O) Earnings Conference Call
Positive
Revenue Decline Analysis: Total revenue of $55.4 million decreased half a percentage point, primarily due to guests pulling back on retail products in a challenged macro environment.
Center Growth Achievement: We ended Q3 with 1,064 centers representing a 3.7% growth year-over-year.
Net Center Openings: We had 12 gross openings during the quarter offset by seven closures resulting in a net add of five new centers.
Gross Margin Improvement: Cost savings continue to drive gross margin which increased 110 basis points versus the same quarter last year to 72.9%.
Strong Operating Cash Flow: Net cash provided by operating activities was $14.8 million compared to approximately $60,000 in investing outflows, highlighting one of our biggest strengths.
Negative
Revenue Decline Analysis: Total revenue of $55.4 million decreased half a percentage point, primarily due to guests pulling back on retail products in a challenged macro environment.
Same-Store Sales Decline: Same-store sales also decreased 0.5 percentage point compared to a 3.4% increase in the same quarter last year.
Adjusted EBITDA Decline: Adjusted EBITDA of $18.4 million decreased 4.4% from $19.3 million in the prior year period.
EBITDA Margin Decline: Adjusted EBITDA margin decreased to 33.2% from 34.6%.
Net Income Decline: Adjusted net income decreased to $5.5 million.
EWCZ FAQs
How does EWCZ typically perform around its earnings report dates?
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EWCZ Earning Call Sentiment
European Wax Center, Inc. (EWCZ) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
EWCZ.O
-2.24%Positive
The earnings call summary shows strong financial performance with revenue, net income, EBITDA, and cash flow all up year-over-year. The company has improved margins and effective cost management. Despite risks such as competitive pressures and supply chain challenges, the strategic focus on customer experience and market expansion is positive. The Q&A section indicates optimism for future growth, although specific timelines for new product launches are pending. The overall sentiment is positive due to strong financial results and strategic initiatives, suggesting a likely stock price increase of 2% to 8%.