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European Wax Center Inc   (EWCZ)
Other Ticker:  
 
    Sector  Services    Industry Personal Services
   Industry Personal Services
   Sector  Services
 
Price: $6.8800 $0.01 0.146%
Day's High: $7.005 Week Perf: 1.78 %
Day's Low: $ 6.77 30 Day Perf: 4.56 %
Volume (M): 277 52 Wk High: $ 16.76
Volume (M$): $ 1,906 52 Wk Avg: $11.70
Open: $6.85 52 Wk Low: $4.80



 Market Capitalization (Millions $) 347
 Shares Outstanding (Millions) 50
 Employees -
 Revenues (TTM) (Millions $) 218
 Net Income (TTM) (Millions $) 10
 Cash Flow (TTM) (Millions $) 22
 Capital Exp. (TTM) (Millions $) 1

European Wax Center Inc
European Wax Center Inc is a chain of waxing salons that originated in the United States but has since expanded internationally. The company specializes in providing professional waxing services for both men and women, with a focus on using high-quality products and following strict hygiene standards. European Wax Center offers a range of waxing services, including for areas such as eyebrows, legs, arms, back, and bikini. The company is known for its fast and efficient waxing techniques, along with its emphasis on customer service and creating a comfortable and welcoming environment.


   Company Address: 5830 Granite Parkway, 3rd Floor Plano 75024 TX
   Company Phone Number: 264-8123   Stock Exchange / Ticker: NASDAQ EWCZ


   

Stock Performances by Major Competitors

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European Wax Center Inc

European Wax Center Inc Rockets to Success with Impressive Q3 Revenue of $55.717 Million



European Wax Center Inc, the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, recently reported financial results for the period ending September 30, 2023. While the company experienced a noticeable increase in revenue and profit margins, several factors indicate potential concerns for investors. This article takes a closer look at the financial data, future prospects, and market performance to present a bearish outlook on European Wax Center Inc.
Financial Performance
European Wax Center Inc generated $55.717 million in revenue during the financial period ending September 30, 2023. Although this figure indicates strong revenue growth, it is crucial to analyze the bottom-line performance. The company's net income for the same period amounted to $4.194 million, reflecting a decline of -20.67% compared to $5.287 million in the corresponding period the previous year.

European Wax Center Inc

EWCZ's Soaring Profits: European Wax Center Inc. Delivers Remarkable 166.67% Surge in Q2 2023


As the financial results for European Wax Center Inc were released, the market was pleasantly surprised by the company's outstanding performance May through July, bolstered by impressive year-over-year growth. With the EPS skyrocketing to an unprecedented level of $0.08 per share, signifying a tremendous 166.67% increase, and a steady revenue increment of 10.743% to $59.09 million, compared to the same period last year, European Wax Center Inc has undoubtedly made a significant stride forward.
A particularly noteworthy point is the transformation from a negative EPS of $-0.02 per share in the previous quarter to a current positive figure. This shift showcases the unwavering commitment of European Wax Center Inc to financial improvement and their dedicated efforts to better serve their shareholders. Furthermore, their revenue has also shown a remarkable 18.436% growth from $49.89 million in the previous quarter, indicating their continued success in the market.

European Wax Center Inc

Despite Revenue Improvement, Financials Reveal Widening Deficit for European Wax Center Inc in First Quarter of 2023

European Wax Center Inc (EWCZ) had a challenging first quarter of 2023, and the financials don't paint a pretty picture for investors looking to make a return on their investment. With a return on equity (ROE) of 5.39%, EWCZ performed above its average ROE of 2.96%. However, this decline is likely due to a drop in net income. Aside from this, there are several other concerning points within the report that should give investors pause.
Firstly, out of the Personal Services industry, ten other companies outperformed EWCZ's ROE during the same period, which puts their company at a distinct disadvantage within their sector. They will need to increase their ROE to compete with their peers and not lose market share.







European Wax Center Inc's Segments

  European Wax Center Inc Outlook

On January 8 2024 the European Wax Center Inc provided following guidance

European Wax Center, Inc. has recently released an up...





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