Core Insights - European Wax Center, Inc. (EWCZ) reported mixed second-quarter 2025 results, with earnings per share (EPS) of 27 cents exceeding the Zacks Consensus Estimate of 19 cents, while total revenues of $55.9 million fell short of the consensus estimate of $57 million [1][2][10] Financial Performance - Total revenues decreased by 6.6% year-over-year, primarily due to weaker same-day services and retail sales, despite a 0.3% increase in same-store sales [2][10] - System-wide sales amounted to $257.6 million, down 1% from $260.2 million in the previous year [2] - Selling, general and administrative expenses (SG&A) rose by 13.2% to $14.5 million, with SG&A as a percentage of total revenues increasing by 430 basis points to 25.9% [3] - Adjusted EBITDA increased by 4.7% to $21.6 million, with the adjusted EBITDA margin rising by 420 basis points to 38.7% [4][10] Balance Sheet and Cash Flow - As of July 5, 2025, EWCZ had cash and cash equivalents of $63.9 million, net long-term debt of $374 million, and total shareholders' equity of $76.5 million [5] - The company generated $27.9 million in net cash from operating activities during the quarter [5] - Inventory levels remained stable year-over-year [5] Share Repurchase - EWCZ repurchased nearly 0.2 million shares of its Class A common stock for $1.1 million, bringing total repurchases under its existing $50 million authorization to $41.2 million [6] Future Outlook - For 2025, EWCZ revised its projections for system-wide sales to $940-$950 million, down from $940-$960 million, and total revenues to $205-$209 million, down from $210-$214 million [7] - Same-store sales are now expected to be in the range of 0-1%, compared to the previous forecast of 0-2% [7] - The company anticipates opening 10-12 new centers and closing 40-60 centers, resulting in a net loss of 28-50 centers for the year [8]

WESTCHESTER, Ill., March 11, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE:INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, today announced it has been recognized for the 11th time as one of the 2025 World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. "We are proud to be named one of the World's Most Ethical Companies by Ethisphere in 2025. This honor underscores ...

WESTCHESTER, Ill., March 11, 2025 (GLOBE NEWSWIRE) -- Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, today announced it has been recognized for the 11th time as one of the 2025 World’s Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. “We are proud to be named one of the World’s Most Ethical Companies by Ethisphere in 2025. This honor underscores ...