Baird analyst Jonathan Komp raised the firm’s price target on European Wax Center to $21 from $19 and keeps an Outperform rating on the shares. The analyst said they provided an encouraging update, including healthy Q4 revenue/EBITDA upside, a positive 2023E outlook; especially for new unit development, and signs of recent same-store sales momentum.
Published first on TheFly
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- European Wax Center announces leadership updates
- European Wax Center sees FY23 revenue $222M-$229M, consensus $223.47M
- European Wax Center reports Q4 revenue $53.5M, consensus $51.07M
- European Wax Center, Inc. Reports Record Fourth Quarter and Fiscal Year 2022 Results
- European Wax Center, Inc. Announces Leadership Updates
