24/7 Market News Snapshot 14 May, 2025 – European Wax Center, Inc. Class A Common Stock (NASDAQ:EWCZ)

May 14, 2025

DENVER, Colo., 14 May, 2025 (www.247marketnews.com) – (NASDAQ:EWCZ) are discussed in this article.
European Wax Center, Inc. has captured significant market attention as its Class A Common Stock (NASDAQ:EWCZ) experienced a remarkable surge, opening at $4.59 and reaching an impressive $4.81—a notable increase of 21.46% from the previous day’s closing price of $3.96. This robust upward trajectory comes amid a trading volume of 1.03 million shares, reflecting strong investor interest and positioning EWCZ as a stock to watch closely.

In parallel, the company recently announced its financial results for the first quarter of fiscal 2025, validating its strategic growth initiatives. As of April 5, 2025, European Wax Center operated 1,062 centers across 45 states, reflecting a 1.0% increase in new openings compared to the same period last year. While total revenue decreased slightly to $51.4 million from $51.9 million year-over-year, the company achieved a commendable 0.7% rise in same-store sales. System-wide sales reached $225.9 million, illustrating a 2.1% growth attributed to increased guest spending in existing centers.

CEO Chris Morris expressed optimism regarding the company’s progress, highlighting the positive impact of enhanced data-driven marketing strategies aimed at driving customer traffic. His commitment to supporting franchisees with effective resources signifies a dedication to long-term sustainable growth.

The company’s financial health is bolstered by an Adjusted EBITDA of $18.8 million, a 7.2% increase from the previous year, alongside a 10.3% rise in Adjusted Net Income, which reached $9.5 million. Despite challenges posed by the broader economic landscape, European Wax Center remains firmly focused on its strategic objectives for fiscal 2025, committed to delivering superior experiences to its guests while navigating growth opportunities in the waxing industry.

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