Business
MINILUXE REPORTS ON RECORD FINANCIAL RESULTS FOR THE SECOND QUARTER AND 1H OF 2025
Reported figures all in U.S. Dollars Boston, MA, Aug. 22, 2025 (GLOBE NEWSWIRE) -- Mini...
About this update from Miniluxe Holding Corp.
[{"type":"text","content":"MINILUXE REPORTS ON RECORD FINANCIAL RESULTS FOR THE SECOND QUARTER AND 1H OF 2025Announces Double Digit System Wide Sales Growth, Strong Same Store Organic Revenue and 100% YoY Adjusted EBITDA Growth for its Fleet\n\n\n\n\n Reported figures all in U.S. Dollars\n \n\n\n\n\n Boston, MA, Aug. 22, 2025 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 and 26 weeks ended June 29, 2025 (\"Q2 2025\" and “H1 2025”). The fiscal year of MiniLuxe (“The Company”) is a 52-week reporting cycle ending on Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks; fiscal years referred to in this release consist of 52-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars.\n \n\n MiniLuxe’s brand and purpose statement includes the aspiration to have a broader impact that positively transforms and empowers the nail care industry and its workers. Empowerment for MiniLuxe team members comes from offering a safer and healthier environment with ultra-hygienic practices, continuous professional development, economic mobility with access to health and other benefits.  Additionally, with an employee’s growing tenure with the Company, there are more opportunities for career path advancement, equity ownership, and artistic self-expression.\n \n\n\n Highlights of Business Performance in Q2 2025 and 1H 2025\n \n\n\n\n System wide YoY growth of over 12% and net full company growth YoY revenue growth of 8% for the quarter and 9% for H1 2025 from H1 2024.\n \n\n\n\n The Company had a record summer month in June with 10% revenue growth and 18% EBITDA growth versus the prior year.\n \n\n\n\n Gross profit increased 5% to $3.2M from $3.0M in Q2 2025.\n \n\n\n\n Gross profit margin decreased by 1 percentage point to 43% from 44%, as a result of intentional investment in higher staffing levels to capture revenue from peak periods and high demand occasions (Mother’s Day, Juneteenth, July Fourth weekend) and also new hires with skills to deliver premium services\n \n\n\n\n Overall Fleet adjusted EBITDA improved by 100% YoY.\n \n\n\n\n Talent retention across the company remained at 87% YoY.\n \n\n\n\n Key subsequent hire event –\n \n\n Lanchi Venator as new CFO of Company.\n \n\n\n\n\n\n Q2 Comm...