European Wax Center, Inc. (EWCZ) Q3 2024 Earnings Call Transcript Summary
European Wax Center, Inc. (EWCZ) Q3 2024 Earnings Call Transcript Summary
Gross margin improved by 110 basis points year-over-year to 72.9%.The following is a summary of the European Wax Center, Inc. (EWCZ) Q3 2024 Earnings Call Transcript:
以下是歐洲脫蠟中心公司（EWCZ）2024年第三季度業績會會議記錄的總結：
Financial Performance:
財務表現:
Q3 financial performance was met as per revised expectations with a total revenue of $55.4 million, slightly down year-over-year by half a percentage point.
System-wide sales remained relatively flat at $240.2 million compared to $240.7 million in the same quarter last year.
Gross margin improved by 110 basis points year-over-year to 72.9%.
Adjusted EBITDA of $18.4 million decreased by 4.4% from $19.3 million in the prior year period.
第三季度的財務表現符合修訂後的預期，總營業收入爲5540萬美元，同比略微下降0.5%。
整體系統銷售與去年同季度相比基本持平，爲24020萬美元，去年同期爲24070萬美元。
毛利率同比提高了110個點子，達到了72.9%。
調整後的息稅折舊攤銷前利潤（EBITDA）爲1840萬美元，同比減少4.4%，低於去年同期的1930萬美元。
Business Progress:
業務進展：
Due to challenges experienced with laser hair removal pilot, resources were reallocated towards the core waxing business, signaling a prioritized focus to enhance the traditional service offerings.
Established a partnership with Dolabra Digital to overhaul marketing strategies aimed at improving guest acquisition and engagement.
Implemented organizational changes and grew teams to drive performance in franchise operations and commercial functions.
由於激光脫毛試點項目面臨的挑戰，資源被重新分配到核心脫蠟業務上，顯示出增強傳統服務產品的優先關注。
與Dolabra Digital建立了合作關係，旨在改進營銷策略，以提高客流獲取和參與度。
實施了組織變革，擴大團隊以推動特許經營業務和商業職能的績效。
Opportunities:
機會：
The partnership with Dolabra Digital is expected to streamline marketing efforts, potentially leading to a more efficient allocation of resources and heightened effectiveness in attracting and retaining guests.
Revamped guest acquisition strategies present an opportunity for market expansion and heightened brand engagement.
與Dolabra Digital的合作預計將簡化營銷工作，可能導致資源的更有效分配，增強吸引和留住客人的效率。
改進的客流獲取策略爲市場擴張和品牌參與提供了機會。
Risks:
風險：
Anticipated potential center closings that may exceed the number of new openings in 2025 indicate a risk of net negative growth for the future, overshadowing the projections for new unit expansions.
預計2025年中心關閉數量可能超過新開設數量，表明未來淨負增長的風險，掩蓋了新單位擴展的預測。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
