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European Wax Center Narrows 2024 Same-Store Sales Guidance; Reaffirms 2024 Adjusted Profit, Revenue Outlook
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European Wax Center Narrows 2024 Same-Store Sales Guidance; Reaffirms 2024 Adjusted Profit, Revenue Outlook
Jan 13, 2025 7:19 AM

09:48 AM EST, 01/13/2025 (MT Newswires) -- European Wax Center ( EWCZ ) said Monday it now expects fiscal 2024 same-store sales to be between flat and up 0.2%, compared with its earlier guidance for a 1.5% decline to 0.5% growth.

Four analysts polled by FactSet expect a 0.4% decline.

The company said it continues to expect fiscal 2024 adjusted net income of $19 million to $22 million. Analysts surveyed by FactSet expect $21.2 million.

Fiscal 2024 revenue is still expected between $216 million and $221 million. Analysts polled by FactSet expect $218.9 million.

Shares were up 2.1% in early Monday trading.

Price: 6.29, Change: +0.13, Percent Change: +2.11

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