Nail care studio operator MiniLuxe's Q2 revenue rises, aided by expansion

MiniLuxe Holding

26/08/2026 12:28

Overview
U.S. nail care studio operator's Q2 net revenue grew 3% yr/yr to $7.7 mln
Studio-level profitability improved for 14th straight qtr, operating loss unchanged yr/yr
Company launched C$6 mln share buyback and agreed to acquire Belle Vista Nail Studio

Outlook
Company expects seasonally higher demand in second half of 2026
MiniLuxe plans to expand through acquisitions and franchise partnerships

Result Drivers
STUDIO NETWORK EXPANSION - Co said growth was driven by expanding its network of operating and franchise partners, with franchise channel noted as fastest-growing part of studio base
TALENT RETENTION - Co highlighted ongoing efforts to attract, develop and retain high-quality nail designer talent as a key strategic focus
STAFFING COSTS - Co said it deliberately carried higher nail designer hours in Q2 to prepare for seasonally higher demand in 2H, which reduced margins

Company press release: ID:nGNX54FRN2

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Net Revenue
 
$7.7 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.)