24/7 Market News Snapshot 13 August, 2025 – European Wax Center, Inc. Class A Common Stock (NASDAQ:EWCZ)

August 13, 2025

DENVER, Colo., 13 August, 2025 (www.247marketnews.com) – (NASDAQ:EWCZ) are discussed in this article.
European Wax Center, Inc. (NASDAQ:EWCZ), a leading franchisor and operator in the wax services industry, has shown significant market momentum today, with its Class A Common Stock opening at $4.88 and rising approximately 11.90% to a current trading price of $4.935. This increase follows a previous session close of $4.410, highlighting strong investor interest, as evidenced by a trading volume of 893.98K. Technical indicators suggest potential bullish momentum, especially as resistance may form around the $5.00 threshold.

In conjunction with market activity, European Wax Center has released its financial results for the second quarter of fiscal year 2025. The company reported total revenue of $55.9 million, reflecting a 6.6% decrease from the prior year, while system-wide sales totaled $257.6 million, indicating a slight decline of 1.0%. Nevertheless, same-store sales experienced a modest uptick of 0.3%, signaling consistent demand for the company’s services.

CEO Chris Morris expressed confidence in the company’s strategic direction aimed at enhancing profitability and guest experiences. “We are witnessing early signs of our strategies taking hold, which underscores the stability of our core business,” he noted. Morris further emphasized the focus on driving traffic and maintaining strong support for franchisees while pursuing measured brand expansion.

Financially, the company achieved a 5.6% increase in adjusted net income to $11.8 million, along with a 4.7% rise in adjusted EBITDA to $21.6 million, showcasing resilience in a competitive environment. For the fiscal year 2025, European Wax Center updates its outlook to predict system-wide sales between $940 million and $950 million, alongside total revenue expected between $205 million and $209 million, reaffirming its commitment to operational excellence and long-term growth amidst a dynamic market landscape.

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