European Wax Center, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results
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European Wax Center, Inc. (NASDAQ: EWCZ) reported its fiscal year 2024 results, showing a slight decrease in system-wide sales and total revenue, but an increase in net income and same-store sales. The company also issued its fiscal 2025 outlook.
March 11, 2025 | 10:15 am
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European Wax Center, Inc. reported a 1.9% decrease in total revenue for fiscal year 2024, but GAAP net income increased by 21.9%. Same-store sales saw a slight increase of 0.2%. The company issued its fiscal 2025 outlook.
Despite a slight decrease in revenue, the significant increase in net income and positive same-store sales growth are positive indicators for EWCZ. The issuance of the fiscal 2025 outlook suggests confidence in future performance.
CONFIDENCE 90
IMPORTANCE 80
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