European Wax Center reports Q1 EPS 4c, consensus 5c

Reports Q1 revenue $51.4M, consensus $49.7M. Chris Morris, Chairman and CEO of European Wax Center (EWCZ), Inc. stated, “During the first quarter, we made meaningful progress against our strategic priorities and delivered solid financial performance, enabling us to reiterate our full-year outlook. We continue to advance our enhanced, data-rich marketing engine, and guest research is generating valuable insights that will shape our traffic-driving strategies. We’re also strengthening our corporate infrastructure to better support franchisees through enhanced tools, resources and action plans, all while maintaining our focus on long-term network health and our goal of achieving net unit growth by the end of 2026.”