earnings
confidence high
sentiment positive
materiality 0.65
European Wax Center tightens FY2025 outlook; net center closings improve to 20
European Wax Center, Inc.
- Net center closings of 20 (prior 23-28); 11 gross openings and 31 closures in fiscal 2025.
- Adjusted EBITDA guidance raised to $72-74M from $69-71M; adjusted net income to $33-35M from $31-33M.
- System-wide sales outlook narrowed to $945-948M; same-store sales 0.1% to 0.3%.
- Audited FY2025 results expected in March 2026; company at ICR Conference Jan 12-13.