European Wax Center reports Q3 EPS 9c, consensus 10c

Reports Q3 revenue $54.2M, consensus $52.45M. Same-store sales increased 0.2%. Chris Morris, Chairman and CEO of European Wax Center (EWCZ), stated: “European Wax Center delivered a solid third quarter performance as we continued to strengthen the fundamentals that power our business model. Our new leadership team is executing with discipline and remains focused on our three strategic priorities: driving sales through traffic growth, improving four-wall profitability for our franchisees, and pursuing disciplined, profitable expansion.”