European Wax Center Updates 2025 Outlook With Higher Adjusted EBITDA and Net Income Guidance
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European Wax Center Inc. has revised its fiscal 2025 outlook, now expecting 20 net center closings, down from 23-28. The company anticipates system-wide sales of $945-$948 million, total revenue of $206-$208 million, and same-store sales growth of 0.1%-0.3%. Adjusted EBITDA is forecasted at $72-$74 million, and adjusted net income is projected at $33-$35 million, both higher than previous estimates. This update reflects the impact of new openings and closures on its strategic initiatives.
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