European Wax Center, Inc. Provides Update Ahead of the 2026 ICR Conference
01/12/2026 06:00 AM • European Wax Center, Inc. (NASDAQ: EWCZ) reported 20 net center closings in fiscal 2025, below its previous guidance of 23-28 closings, driven by timing of planned closures and progress on strategic initiatives. The company raised its fiscal 2025 financial outlook across key metrics including system-wide sales ($945-948M vs. $940-950M), total revenue ($206-208M vs. $205-209M), and adjusted EBITDA ($72-74M vs. $69-71M). Same-store sales guidance was narrowed to 0.1-0.3% growth.
EWCZ - The company beat expectations on net center closings (20 vs. 23-28 guidance) and raised its fiscal 2025 financial outlook across multiple metrics including revenue, system-wide sales, and adjusted EBITDA. Management expressed confidence in progress on strategic initiatives and the company's foundation for 2026, indicating operational improvements and better-than-expected performance.