European Wax Center provided an update on its fiscal 2025 performance ahead of the 2026 ICR Conference in Orlando, Florida.
The company reported 20 net center closings in fiscal 2025, below its previous outlook of 23 to 28 net center closings.
Updates were made to the fiscal 2025 financial outlook, including system-wide sales, total revenue, same-store sales, adjusted EBITDA, and adjusted net income.
The reported update reflects the company's focus on key business priorities in 2025 to strengthen its foundation for future growth. By closing 20 net centers and updating financial outlook metrics, European Wax Center aims to enhance operational capabilities and elevate the guest experience for sustained performance.
Net Center Closings
20 net center closings in fiscal 2025, driven by planned closures and strategic development initiatives.
Financial Outlook Updates
Revised fiscal 2025 outlook for key metrics, including system-wide sales, total revenue, same-store sales, adjusted EBITDA, and adjusted net income.
Fiscal Year End Results
Fiscal 2025 financial results pending completion of quarter and year-end closing procedures, with audited results expected in March 2026.
- The reported update reflects the company's focus on key business priorities in 2025 to strengthen its foundation for future growth. By closing 20 net centers and updating financial outlook metrics, European Wax Center aims to enhance operational capabilities and elevate the guest experience for sustained performance.
European Wax Center's update highlights its strategic initiatives in fiscal 2025 and sets the stage for continued growth in 2026. The company's focus on marketing, operations, and guest experience underscores its commitment to long-term success.