EWCZ News & Events

FY25 consensus $208.77M. Narrows FY25 SSS view to 0.1%-0.3% from 0%-1%. Raises FY25 adjusted EBITDA view to $72M-$74M from $69M-$71M. Raises FY25 adjusted net income view to $33M-$35M from $31M-$33M. Narrows FY25 system-wide sales view to $945M-$948M from $940M-$950M. Chris Morris, Chairman and CEO of European Wax Center, stated: "We are pleased with the progress made in 2025 across our key business priorities, which has helped establish a stronger foundation for the company. As we look ahead to 2026, we remain focused on the areas within our control amid an evolving macro environment. This includes further strengthening our marketing and operational capabilities and making disciplined, strategic investments designed to elevate the guest experience and drive long-term performance. We look forward to sharing additional updates on our fourth quarter earnings call." The company notes that its fiscal 2025 financial results are subject to quarter and year-end closing procedures, including a financial statement audit. The company expects to publish its audited financial results for the fiscal year ended January 3, 2026 in March.

Sees FY25 adjusted EBITDA $69M-$71M; Same store sales growth 0%-1%. The company estimates that franchisees will open 12 new centers and close 35 to 40 centers, translating to 23 to 28 net center closings in fiscal 2025. The company expects 11 to 16 center closings during the fourth quarter. As of November 11, 2025, 1 center has opened and 0 have closed in the fourth quarter.

Reports Q3 revenue $54.2M, consensus $52.45M. Same-store sales increased 0.2%. Chris Morris, Chairman and CEO of European Wax Center, stated: "European Wax Center delivered a solid third quarter performance as we continued to strengthen the fundamentals that power our business model. Our new leadership team is executing with discipline and remains focused on our three strategic priorities: driving sales through traffic growth, improving four-wall profitability for our franchisees, and pursuing disciplined, profitable expansion."