MiniLuxe's Q1 net revenue rises on improved staffed hours, premium services

MiniLuxe Holding

26/05/2026 02:31

Corrects revenue in Key Details table to $6.4 mln from $1.6 mln

Overview

The U.S. beauty services provider's Q1 net revenue grew 4% yr/yr to $6.4 mln

Gross profit rose 5% yr/yr to $2.7 mln, with margin improving to 42%

Company raised over $3.5 mln in private placement funding and secured new debt facility

Outlook

MiniLuxe says it will focus on expanding through operating and franchise partners

Company plans to accelerate studio-level profitability and strengthen balance sheet

MiniLuxe continues to progress new locations in Massachusetts and Connecticut via joint ventures

Result Drivers

STAFFED HOURS & PREMIUM SERVICES - Revenue growth and gross margin improvement driven by increased staffed hours and higher mix of premium services, per company

COST DISCIPLINE - SG&A expenses declined 3% yr/yr due to cost controls and early AI initiatives, per company

WEATHER IMPACT - Company said positive same-store sales growth was achieved despite unusually high number of inclement weather closures

Company press release: ID:nGNX8m8Dh5

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$6.4 mln


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 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)