European Wax Center Inc. reported third quarter fiscal 2025 results with total revenue of $54.2 million, a decrease of 2.2% compared to the prior year period. System-wide sales were $238.2 million, down 0.8%. Same-store sales increased 0.2%. GAAP net income rose to $5.4 million, up 164.4%, while adjusted net income was $10.7 million, an increase of 14.2%. Adjusted EBITDA reached $20.2 million, up 9.6%. The company operated 1,053 total centers as of the end of the quarter, a 1.0% decrease from the previous year. For fiscal 2025, the company expects franchisees to open 12 new centers and close 35 to 40 centers, resulting in 23 to 28 net center closings.