BUZZ-European Wax Center rises on strong third-quarter results
I'm PortAI, I can summarize articles.
European Wax Center's shares rose 17% to $4.26 following strong Q3 results, reporting total revenue of $54.2 million, surpassing analyst expectations of $52.5 million. The company posted a quarterly diluted EPS of 9 cents, up from 3 cents per share last year. It anticipates 12 new center openings and 35 to 40 closures, resulting in a net loss of 23 to 28 centers in FY2025, while maintaining its fiscal 2025 outlook. Year-to-date, the stock is down approximately 39.4%.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments