European Wax Center shares surge 16.03% after-hours after reporting strong Q3 earnings, adjusted EBITDA growth, and reaffirming full-year guidance.

European Wax Center, Inc. (EWCZ) surged 16.03% in after-hours trading following its third-quarter fiscal 2025 earnings report, which highlighted a 9.6% year-over-year increase in adjusted EBITDA to $20.2 million, reaffirmed full-year guidance, and 0.2% same-store sales growth. The company’s management emphasized progress in strategic initiatives, including improved franchisee engagement, operational efficiency, and disciplined expansion, while narrowing projected center closures to 35–40 for the year. CEO Chris Morris underscored renewed momentum and resilience in core operations, with adjusted EBITDA margins rising 400 basis points to 37.2%. Additionally, $4.6 million in share repurchases under its $50 million authorization and positive premarket trading (8.22% gain) further signaled investor confidence in the company’s operational turnaround and long-term growth prospects.