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Stock impact report

European Wax Center's (NASDAQ:EWCZ) Q4 Sales Beat Estimates But Full-Year Sales Guidance Misses Expectations [Yahoo! Finance]

European Wax Center, Inc. - Class A (EWCZ) 
Company Research Source: Yahoo! Finance
On the other hand, the company's full-year revenue guidance of $228.5 million at the midpoint came in 2.3% below analysts' estimates. It made a GAAP profit of $0.07 per share, improving from its profit of $0.02 per share in the same quarter last year. Is now the time to buy European Wax Center? Find out by accessing our full research report, it's free European Wax Center (EWCZ) Q4 FY2023 Highlights: Revenue: $56.33 million vs analyst estimates of $54.07 million (4.2% beat) EPS: $0.07 vs analyst estimates of $0.04 ($0.03 beat) Management's revenue guidance for the upcoming financial year 2024 is $228.5 million at the midpoint, missing analyst estimates by 2.3% and implying 3.4% growth (vs 6.8% in FY2023) (adjusted EBITDA guidance for the period also missed) Free Cash Flow of $16.74 million, similar to the previous quarter Gross Margin (GAAP): 72.4%, up from 70% in the same quarter last year Same-Store Sales were up 1.3% year on year (beat vs. expectations of roughly fla Show less Read more
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