European Wax Center reports FY25 Q4 results: 1.9% fewer centers, $947.3mln system-wide sales.

• European Wax Center has 1,047 centers in 44 states, down 1.9% YoY. • System-wide sales reached $947.3 million, a 0.4% decrease. • Total revenue was $206.6 million, down 4.7%. • Same-store sales increased 0.2%. • GAAP net income dropped 19.2% to $11.9 million. • Adjusted Net Income decreased 11.6% to $36.2 million. • Adjusted EBITDA was $73.3 million, down 3.0%.