These Analysts Slash Their Forecasts On European Wax Center After Q1 Results
These Analysts Slash Their Forecasts On European Wax Center After Q1 Results
European Wax Center, Inc (NASDAQ:EWCZ) reported a profit for the first quarter on Wednesday.
欧洲蜡像中心公司（纳斯达克股票代码：EWCZ）周三公布了第一季度盈利。
The company posted quarterly net income of $3.7 million versus a year-ago net loss of $1.1 million in. Its adjusted net income surged 41.3% to $4.8 million. Total revenue rose 4% year-over-year to $51.9 million, according to data from Benzinga Pro.
该公司公布的季度净收入为370万美元，而去年同期的净亏损为110万美元。其调整后的净收入激增了41.3％，至480万美元。根据Benzinga Pro的数据，总收入同比增长4％，达到5190万美元。
Its same-store sales rose 1.2%, while system-wide sales rose 1.3% to $221.4 million during the quarter.
本季度，其同店销售额增长了1.2％，而全系统销售额增长了1.3％，至2.214亿美元。
David Willis, Chief Executive Officer of European Wax Center, Inc. stated, "We began 2024 with stable frequency and spend among our existing guests which led to positive system-wide sales and revenue growth in the first quarter and underpins our predictable, recurring business model. Further, continued franchisee demand drove new center growth in-line with our expectations. We're pleased that our development pipeline remains robust and supported by our well-capitalized and committed franchisees."
欧洲蜡像中心公司首席执行官大卫·威利斯表示：“2024年初，我们的频率和现有客人的支出保持稳定，这使第一季度全系统销售和收入实现了正增长，并支撑了我们可预测的经常性商业模式。此外，持续的加盟商需求推动了新中心的增长，符合我们的预期。我们很高兴我们的开发渠道依然强劲，并得到了资本充足、忠诚的加盟商的支持。”
European Wax Center shares gained 4.9% to close at $11.43 on Wednesday.
周三，欧洲蜡像中心股价上涨4.9％，收于11.43美元。
These analysts made changes to their price targets on European Wax Center after the company reported quarterly results.
在欧洲蜡像中心公布季度业绩后，这些分析师更改了他们的目标股价。
- B of A Securities cut the price target on European Wax Center from $19 to $16. B of A Securities analyst Lorraine Hutchinson maintained a Buy rating.
- Truist Securities slashed European Wax Center price target from $17 to $16. Truist Securities analyst Scot Ciccarelli maintained a Buy rating.
- Telsey Advisory Group lowered the price target on European Wax Center from $18 to $16. Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating.
- B of A Securities将欧洲蜡像中心的目标股价从19美元下调至16美元。B of A 证券分析师洛林·哈钦森维持买入评级。
- Truist Securities将欧洲蜡像中心的目标股价从17美元下调至16美元。Truist Securities分析师斯科特·西卡雷利维持买入评级。
- 泰尔西咨询集团将欧洲蜡像中心的目标股价从18美元下调至16美元。泰尔西咨询集团分析师达娜·特尔西维持跑赢大盘的评级。
Read More: Wall Street's Most Accurate Analysts Say Hold These 3 Real Estate Stocks Delivering High-Dividend Yields
阅读更多：华尔街最准确的分析师表示，持有这3只具有高股息收益率的房地产股