Earnings Feed

EWCZ

Consumer

Adjusted EBITDA increased 4.7% to $21.6 million, with margin expansion of 420 basis points to 38.7%.
Gross margin improved modestly to 74.6%, driven by higher royalty, marketing fees, and product margin improvements.
Net interest expense rose slightly to $6.6 million, and adjusted net income increased 5.6% to $11.8 million.
Q2 ended with 1,059 centers, a net decrease of 3 centers, better than anticipated closures.
Same-store sales grew 30 basis points year-over-year, showing modest improvement.
SG&A expenses increased by $1.6 million to $14.5 million, influenced by payroll, professional fees, and stock-based compensation.
System-wide sales decreased 1% year-over-year to $257.6 million in Q2 2025.
Total revenue declined 6.6% to $55.9 million, mainly due to lower wholesale product and retail sales.

ACVA

Consumer

1mo

ACV reported Q2 2025 revenue of $194 million, a 21% year-over-year increase, within guidance despite challenging market conditions.
Adjusted EBITDA was $19 million, at the midpoint of guidance, with margin improving 520 basis points year-over-year.
Auction & Assurance revenue grew 20% year-over-year, comprising 57% of total revenue, driven by 13% unit growth and 6% ARPU increase.
Marketplace Services revenue grew 25% year-over-year, representing 39% of total revenue, with record results for ACV Transport and ACV Capital.
Non-GAAP cost of revenue as a percentage of revenue decreased by approximately 200 basis points year-over-year.
Non-GAAP net income margin increased by 430 basis points year-over-year, also at the midpoint of guidance.
Non-GAAP operating expenses, excluding cost of revenue, decreased by 300 basis points year-over-year as a percentage of revenue.
SaaS and data services revenue remained approximately flat year-over-year, comprising 4% of total revenue.