European Wax Center, Inc. (EWCZ) Reports Q3 Adjusted Net Income of $6.7M

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Go back to European Wax Center, Inc. (EWCZ) Reports Q3 Adjusted Net Income of $6.7M

European Wax Center, Inc. Reports Third Quarter Fiscal 2022 Results

November 3, 2022 4:05 PM EDT

Raises full year expectations for new center openingsNarrows fiscal 2022 financial outlook Announces $40 million share repurchase program

Third Quarter Fiscal 2022 versus 2021

System-wide sales of $235.2 million increased 7.3%Total revenue of $55.0 million increased 12.3%Same-store sales increased 4.7%Delivered GAAP net income of $5.3 million, Adjusted net income of $6.7 million and Adjusted EBITDA of $18.6 million

PLANO, Texas, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ: EWCZ), the... More