European Wax Center generated Q4 revenue of $45.1 million, down from the prior year as system-wide sales declined and same-store sales turned slightly negative. The company reported a net loss of $1.46 million while adjusted profitability also declined due to lower revenue and higher operating expenses.
Total revenue declined 9.3% year over year to $45.1 million.
System-wide sales decreased 1.6% to $225.6 million.
Same-store sales declined 0.1% during the quarter.
Adjusted EBITDA dropped to $12.7 million with margin falling to 28.1%.
The company did not provide financial guidance for fiscal 2026 because it has agreed to be acquired by General Atlantic and expects to become a private company after the transaction closes.
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