European Wax Center

European Wax Center, Inc. engages in the provision of out-of-home hair removal services. Its menu of services is focused on body and facial waxing. The firm operates company-owned waxing centers and franchises its model. It offers body, skincare, and brow products. The company was founded in 2004 and is headquartered in Plano, TX.

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European Wax Center posts record Q4 results and eyes expansion

European Wax Center (EWCZ) reported strong Q4 2022 performance, driven by the success of the Wax Pass program and strategic growth initiatives. The company's focus on analytics, staff retention, and revenue optimization positions it well for continued success in 2023. Challenges in maintaining comp growth and adapting to market dynamics exist, but EWCZ is poised to capitalize on expansion opportunities and drive profitability.

European Wax Center excels in Q1 performance, faces growth challenges

European Wax Center delivered a strong Q1 performance with notable revenue growth and margin expansion, driven by successful strategies targeting loyal and routine guests.
While facing challenges in managing episodic guest impact and maintaining consistency in newer store cohorts' performance, the company remains focused on growth and retention strategies.
Opportunities in converting routine guests to Wax Pass members, leveraging growth partners, and enhancing guest experience through targeted initiatives position European Wax Center for continued success.

European Wax Center posts strong Q2 results, eyes laser expansion

European Wax Center (EWCZ) delivered robust Q2 results, maintaining financial stability and efficiency while focusing on driving sales growth and enhancing guest experience.
The company's strategic initiatives, including laser hair removal tests and bundling strategies, aim to capture new customer segments and optimize revenue streams.
Challenges such as market preferences and operational balancing are being addressed through innovation, consistent training, and a focus on franchisee success.
EWCZ's strong performance, operational strengths, and growth opportunities position it well for sustained success and market expansion in the beauty services industry.

European Wax Center reports resilient Q3 performance amidst economic challenges

European Wax Center (EWCZ) navigated challenges to deliver growth in Q3, focusing on loyal guests and expanding its footprint.
The company's financial performance remained strong, with a focus on generating free cash flows and creating long-term shareholder value.
Despite macroeconomic pressures, EWCZ is committed to strategic initiatives and maintaining growth momentum in 2023.

European Wax Center posts strong Q4 results, eyes growth opportunities

European Wax Center (EWCZ) reported strong financial performance in Q4 2023 and outlined ambitious growth plans for 2024, targeting significant increases in system-wide sales and adjusted EBITDA.
The company's strategic focus on expanding net new centers, introducing new services, and optimizing operational efficiency positions it well for continued success and market leadership.
While facing challenges in pricing strategies and operational complexities, EWCZ remains proactive in addressing these issues and capitalizing on opportunities for growth and innovation.
By leveraging market data analysis, driving customer engagement, and enhancing operational efficiency, European Wax Center (EWCZ) aims to sustain profitability, attract new guests, and drive long-term success.

European Wax Center (EWCZ) reports stable Q1 performance and growth opportunities

European Wax Center (EWCZ) delivered stable performance with growth in center count and total revenue, despite challenges in same-store sales.
Strong profit margins and cash position increase highlight financial resilience, with initiatives showing promising early results.
Opportunities lie in driving new guest acquisition, improving existing guest metrics, and achieving long-term sales goals.
Challenges include weather impacts on sales, expense fluctuations, and delays in unit development, but the company remains optimistic about meeting targets.

European Wax Center reports modest Q2 growth amid market challenges

European Wax Center (EWCZ) navigated challenges in Q2 2024 with modest growth but faces headwinds from the macroeconomic environment.
The company is adjusting its outlook for the remainder of 2024 and focusing on strategic initiatives to drive growth and improve financial performance.
Despite challenges, EWCZ remains committed to enhancing the guest experience, driving new guests, and working closely with franchise partners for long-term success.

European Wax Center (EWCZ) addresses challenges, focuses on growth strategies

European Wax Center (EWCZ) navigated challenges in Q3 2024 with a focus on strategic priorities, financial performance in line with expectations, and partnerships to drive growth. The company's outlook for fiscal 2024 remains positive, with a commitment to improving profitability and guest acquisition.

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European Wax Center, Inc. engages in the business of managing franchisee and operation of out-of-home waxing services by number of centers and system-wide sales. The firm is also involved in selling franchises, distributing facial and body waxing products to franchisees which are used to perform waxing services, and providing branded facial and body waxing products directly to consumers. The company was founded in 2004 and is headquartered in Plano, TX.

PLANO, Texas, Sept. 12, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ) (the “Company” or “European Wax Center”), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced the release of its 2022 Environmental, Social and Governance (“ESG”) Report, highlighting the Company's efforts to build a more confident, inclusive and sustainable community.

European Wax Center, Inc. Publishes Inaugural Environmental, Social and Governance Report

PLANO, Texas , Aug. 15, 2023 /PRNewswire/ --  European Wax Center, Inc.  (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to be recognized in two of Entrepreneur 's most coveted lists for franchises - the inaugural 2023 Top Franchises For Multi-Unit Owners and Best of the Best Franchises. Entrepreneur's Top Franchises for Multi-Unit Owners unveils the top franchisors with the best incentives, systems and overall opportunities for multi-unit ownership.

European Wax Center Recognized by "Entrepreneur" and Featured in July/August Issue as a Top Franchise For Multi-Unit Owners and Best of the Best Franchise

European Wax Center, Inc. (NASDAQ:EWCZ ) Q2 2023 Earnings Conference Call August 9, 2023 8:00 AM ET Company Participants Bethany Johns - Director of Investor Relations David Berg - Chief Executive Officer and Director David Willis - President and Chief Operating Officer Stacie Shirley - Chief Financial Officer Conference Call Participants Randal Konik - Jefferies Dana Telsey - Telsey Advisory Group Joshua Young - Truist Securities Jonathan Komp - Baird John Heinbockel - Guggenheim Partners Kelly Crago - Citi Simeon Gutman - Morgan Stanley Operator Good morning, ladies and gentlemen. Thank you for standing by.

European Wax Center, Inc. (EWCZ) Q2 2023 Earnings Call Transcript

The headline numbers for European Wax Center, Inc. (EWCZ) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

European Wax Center, Inc. (EWCZ) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

European Wax Center, Inc. (EWCZ) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.20 per share a year ago.

European Wax Center, Inc. (EWCZ) Q2 Earnings Lag Estimates

Achieves milestone 1000 th center opening Reiterates fiscal 2023 outlook Second Quarter Fiscal 2023 versus 2022 Net new centers increased 12.3% to 1,003 total centers in 45 states System-wide sales of $254.2 million increased 10.0% Total revenue of $59.1 million increased 10.7% Same-store sales increased 2.6% GAAP net income of $5.6 million increased 175.4% Adjusted EBITDA of $21.2 million increased 13.8% PLANO, Texas, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 and 26 weeks ended July 1, 2023. David Berg, Chief Executive Officer of European Wax Center, Inc. stated: “We are pleased to deliver second quarter results in line with our expectations, reinforcing the strength and consistency of the European Wax Center business model.

European Wax Center, Inc. Reports Second Quarter Fiscal Year 2023 Results

President and Chief Operating Officer David Willis Appointed Chief Executive Officer David Berg to Become Executive Chairman of the Board of Directors

European Wax Center Announces CEO Succession Plan

European Wax Center, Inc. is a primarily franchised network of nearly 1,000 personal beauty care centers in the United States. The company's franchise base is expanding and has access to plenty of investment capital. However, "episodic" visitors are starting to show demand reduction, perhaps as a harbinger of the potential for wider demand softness ahead.

European Wax Center Grows Quickly Amid Signs Of Client Fatigue

PLANO, Texas, July 26, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report second quarter fiscal 2023 financial results before the market opens on Wednesday, August 9, 2023. Following the release, the company's management will host a conference call at 8:00 a.m. ET/7:00 a.m. CT to review the results.

European Wax Center, Inc. to Report Second Quarter Fiscal 2023 Financial Results on August 9th

Following strong Q1 net new center growth of 11.9% across 45 states, European Wax Center will celebrate the opening of its 1,000th center on July 18th, 2023 in Louisville, Kentucky   PLANO, Texas , July 13, 2023 /PRNewswire/ -- European Wax Center, Inc.  (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to celebrate the milestone opening of its 1,000th center in Louisville, Kentucky - Fern Creek on July 18, 2023. Located at 7714 Bardstown Road, Suite 105, in Louisville, KY 40291, this location marks the 5th center for European Wax Center franchisee Mark Mick.

EUROPEAN WAX CENTER ANNOUNCES 1,000TH CENTER OPENING

PLANO, Texas , June 28, 2023 /PRNewswire/ --  European Wax Center, Inc.  (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to announce it has been recognized as one of the 2023 Fortune Best Workplaces in Texas™. European Wax Center was listed among small-medium businesses and was previously Certified™ by Great Place to Work® in March 2023.

European Wax Center Recognized as one of the 2023 Fortune Best Workplaces in Texas™ by Great Place To Work®

European Wax Center wins among "Splurge-Worthy Skin Care That's Actually Worth Your Hard-Earned $$$" PLANO, Texas , May 31, 2023 /PRNewswire/ --  European Wax Center, Inc.  (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to announce its NYLON Beauty Hit List Award win. The best-selling EWC TREAT® Face & Body Exfoliating Gel was selected by NYLON editors and judges as a winning "Bump Banisher.

European Wax Center's EWC TREAT® Face & Body Exfoliating Gel WINS 2023 NYLON Beauty Hit List Award

PLANO, Texas, May 22, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (the “Company” or “European Wax Center”) (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced the appointment of Andrea Wasserman as Chief Commercial Officer effective May 30, 2023.

European Wax Center, Inc. Appoints Andrea Wasserman as Chief Commercial Officer

European Wax Center, Inc. (NASDAQ:EWCZ ) Q1 2023 Earnings Conference Call May 10, 2023 8:00 AM ET Company Participants Bethany Johns - Director, Investor Relations David Berg - CEO & Director David Willis - President & COO Stacie Shirley - CFO Conference Call Participants Randal Konik - Jefferies Lorraine Hutchinson - Bank of America Merrill Lynch Dana Telsey - Telsey Advisory Group Hannah Pittock - Morgan Stanley Scot Ciccarelli - Truist Securities Alex Conway - Baird John Heinbockel - Guggenheim Securities Kelly Crago - Citigroup Operator Thank you for standing by, and welcome to the European Wax Center's First Quarter 2023 Earnings Results. [Operator Instructions].

European Wax Center, Inc. (EWCZ) Q1 2023 Earnings Call Transcript

The headline numbers for European Wax Center, Inc. (EWCZ) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

European Wax Center, Inc. (EWCZ) Reports Q1 Earnings: What Key Metrics Have to Say

European Wax Center, Inc. (EWCZ) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.23 per share a year ago.

European Wax Center, Inc. (EWCZ) Lags Q1 Earnings and Revenue Estimates

First Quarter Fiscal 2023 versus 2022 Net new centers increased 11.9% to 978 total centers in 45 states System-wide sales of $218.4 million increased 5.5% Total revenue of $49.9 million increased 9.8% Same-store sales increased 4.5% GAAP net loss of $1.1 million and Adjusted EBITDA of $16.3 million PLANO, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 weeks ended April 1, 2023. David Berg, Chief Executive Officer of European Wax Center, Inc. stated: “We are pleased with our solid performance in the first quarter, as we continued to deliver on our two key growth vectors – unit growth and in-center sales growth.

European Wax Center, Inc. Reports First Quarter Fiscal Year 2023 Results

Nation's largest franchisor and operator of out-of-home waxing services launches new campaign that encourages inclusivity and promotes providing services for all NEW YORK, May 9, 2023 /PRNewswire/ -- There's no one type of person who gets waxed, and a new campaign from European Wax Center ("EWC"), the nation's largest and fastest-growing franchisor and operator of out-of-home waxing services, and JOAN Creative, the agency best known for making legendary brands modern and modern brands legendary, invites everyone to the waxing party. The campaign, launching this month, is the first for the brand from JOAN, which was named EWC's agency of record in February 2023.

JOAN Creative and European Wax Center Want to Wax "Every Body Smooth" in New Bold Campaign

NEW YORK , May 8, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of European Wax Center, Inc. (NASDAQ: EWCZ). If you are a shareholder of European Wax Center, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at: https://pjlfirm.com/european-wax-center-inc/ You may also contact Robert H.

SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating European Wax Center, Inc. for Potential Breaches of Fiduciary Duty By Its Board of Directors

European Wax Center, Inc. (EWCZ) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why European Wax Center, Inc. (EWCZ) is Poised to Beat Earnings Estimates Again

European Wax Center wins coveted beauty award in the subcategory, "Bustle's 10 Best Body Products - Best Body Mask" PLANO, Texas , May 4, 2023 /PRNewswire/ -- European Wax Center, Inc.  (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to announce its Bustle Award win. The best-selling EWC TREAT® Face & Body Detoxifying Mask was recognized by Bustle editors and experts as a winner in the Best Body Mask category.

European Wax Center's EWC TREAT® Face & Body Detoxifying Mask WINS 2023 Bustle Award

Reported figures in U.S. Dollars Achieved 29 % Y oY Revenue Growth , Nearly 100% From Existing Core Business   Toronto, Ontario, April 27, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 53 weeks ended January 1, 2023 (“FY2022”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks.

MINILUXE REPORTS FINANCIAL RESULTS FOR YEAR ENDED JANUARY 1, 2023

European Wax Center, Inc. (EWCZ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

European Wax Center, Inc. (EWCZ) Expected to Beat Earnings Estimates: Should You Buy?

European Wax Center wins coveted beauty award in the subcategory, "Best Ingrown Hair Serum"

European Wax Center's EWC TREAT® Ingrown Hair Serum WINS 2023 NewBeauty Award

European Wax Center wins coveted beauty award in the subcategory, "Best Body Treatment"

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