European Wax Center (EWCZ) said Monday it now expects fiscal 2024 same-store sales to be between flat and up 0.2%, compared with its earlier guidance for a 1.5% decline to 0.5% growth.
Four analysts polled by FactSet expect a 0.4% decline.
The company said it continues to expect fiscal 2024 adjusted net income of $19 million to $22 million. Analysts surveyed by FactSet expect $21.2 million.
Fiscal 2024 revenue is still expected between $216 million and $221 million. Analysts polled by FactSet expect $218.9 million.
Shares were up 2.1% in early Monday trading.
Price: 6.29, Change: +0.13, Percent Change: +2.11
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