Reported Earlier, European Wax Center Q2 Sales $59.87M Miss $61.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
European Wax Center (NASDAQ:EWCZ) reported Q2 sales of $59.87 million, missing the analyst consensus estimate of $61.33 million by 2.38%. This represents a 1.32% increase over the same period last year.
August 14, 2024 | 3:03 pm
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European Wax Center (NASDAQ:EWCZ) reported Q2 sales of $59.87 million, missing the analyst consensus estimate of $61.33 million by 2.38%. This represents a 1.32% increase over the same period last year.
The miss on sales estimates by 2.38% is likely to have a negative short-term impact on EWCZ's stock price, despite the year-over-year increase in sales. Investors often react negatively to earnings misses.
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