European Wax Center Earlier Reported Q3 Sales $55.72M Miss $59.07M Estimate
Portfolio Pulse from Benzinga Newsdesk
European Wax Center (NASDAQ:EWCZ) reported Q3 sales of $55.72 million, missing the analyst consensus estimate of $59.07 million by 5.68 percent. However, this is a 1.22 percent increase over sales of $55.04 million the same period last year.
November 08, 2023 | 5:44 pm
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European Wax Center's Q3 sales missed the analyst consensus estimate by 5.68%, but showed a 1.22% YoY increase.
European Wax Center's Q3 sales missed the analyst consensus estimate, which could negatively impact investor sentiment and potentially lead to a short-term decrease in the stock price. However, the YoY increase in sales might mitigate this impact to some extent.
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