European wax center, inc. reports third quarter fiscal year 2023 results

Third quarter fiscal 2023 versus 2022 net new centers increased 12.6% to 1,026 total centers in 45 states system-wide sales of $240.7 million increased 2.4% total revenue of $55.7 million increased 1.2% same-store sales increased 3.4% gaap net income of $4.2 million and adjusted net income of $6.1 million adjusted ebitda of $19.3 million plano, texas, nov. 08, 2023 (globe newswire) -- today, european wax center, inc. (nasdaq: ewcz), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the united states, reports financial results for the 13 and 39 weeks ended september 30, 2023. david willis, chief executive officer of european wax center, inc. stated: “the third quarter marked another period of top-line, bottom-line and unit growth for european wax center.
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