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, March 22, 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 by Entrepreneur as one of the Fastest-Growing Franchises, ranking at 30 out of 1,321. This 2023 ranking highlights companies that saw the greatest franchise unit growth in the U.S. and Canada from July 2021 to July 2022, and European Wax Center will be highlighted in the March/April issue of Entrepreneur magazine and on Entrepreneur.com.

EUROPEAN WAX CENTER NAMED ONE OF THE FASTEST-GROWING FRANCHISES OF 2023 BY ENTREPRENEUR

European Wax Center, Inc. (NASDAQ:EWCZ ) Q4 2022 Earnings Conference Call March 9, 2023 8:00 AM ET Company Participants Bethany Johns - Director of Investor Relations David Berg - Chief Executive Officer David Willis - Chief Financial & Chief Operating Officer Conference Call Participants Randy Konik - Jefferies Jonathan Komp - Baird Dana Telsey - Telsey Group Kelly Crago - Citi Hannah Pittock - Morgan Stanley Korinne Wolfmeyer - Piper Sandler Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to the European Wax Center's Fourth Quarter Fiscal 2022 Earnings Call.

European Wax Center, Inc. (EWCZ) Q4 2022 Earnings Call Transcript

Current Chief Financial Officer and Chief Operating Officer David Willis Promoted to President

European Wax Center, Inc. Announces Leadership Updates

Issues fiscal 2023 outlook, including 10% unit growth Issues fiscal 2023 outlook, including 10% unit growth

European Wax Center, Inc. Reports Record Fourth Quarter and Fiscal Year 2022 Results

PLANO, Texas , March 8, 2023 /PRNewswire/ -- European Wax Center (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 Certified™ by Great Place to Work®. Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

European Wax Center Earns 2023 Great Place to Work Certification™

Coty

COTY vs. EWCZ: Which Stock Is the Better Value Option?

SAN RAFAEL, Calif. , Feb. 15, 2023 /PRNewswire/ -- Wax Center Partners ("WCP"), a growing, multi-unit European Wax Center franchisee, opens two new centers in Northern CA.

WAX CENTER PARTNERS OPENS TWO NEW EUROPEAN WAX CENTERS IN NORTHERN CALIFORNIA

With almost 1,000 wax-away-from-home franchised centers, EWCZ dominates their niche. Store level economics, crucial to long-term success, are excellent.

European Wax Center Is An Attractive, Relatively Undiscovered Franchising Company

The company's growth is encouraging, but its high valuation and debt load look a little, well, hairy.

Is European Wax Center Stock a Buy in 2023?

PLANO, Texas , Jan. 10, 2023 /PRNewswire/ --  European Wax Center (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, was recognized as one of the top 500 franchises in Entrepreneur's Franchise 500®, the world's first, best, and most comprehensive franchise ranking. The 44th annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry.

EUROPEAN WAX CENTER RANKED AMONG THE TOP FRANCHISES IN ENTREPRENEUR'S HIGHLY COMPETITIVE FRANCHISE 500®

Reports preliminary fiscal 2022 net new center openings and system-wide sales above previous outlook Expects remaining fiscal 2022 financial results at or above high end of outlook

European Wax Center, Inc. Provides Update Ahead of Presentation at ICR Conference 2023

PLANO, Texas, Jan. 02, 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 members of its management team will participate in the ICR Conference 2023 at the JW Marriott & Ritz-Carlton Resort in Orlando, Florida on January 9 - 10, 2023.

European Wax Center, Inc. Announces Participation in the ICR Conference 2023

The Nation's Fastest Growing Out-of-Home Waxing Brand Expands PLANO, Texas , Nov. 10, 2022 /PRNewswire/ --  European Wax Center, Inc.  (NASDAQ: EWCZ), a leading personal care franchise brand offering expert out-of-home wax services, announced the opening of its West Covina location in California, its 65th center in the Los Angeles area. The new center opened on October 11th, 2022 at the Eastland Center Shopping Mall and will provide guests with an unparalleled, professional personal care experience delivered by highly trained wax specialists.

EUROPEAN WAX CENTER ANNOUNCES NEW CENTER OPENING IN WEST COVINA, CA

European Wax Center, Inc. (NASDAQ:EWCZ ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Amir Yeganehjoo - Senior Vice President-Financial Planning & Investor Relations David Berg - Chief Executive Officer David Willis - Chief Financial & Chief Operating Officer Conference Call Participants Jonathan Komp - R.W. Baird Dana Telsey - Telsey Group Lorraine Hutchinson - Bank of America John Heinbockel - Guggenheim Partners Kelly Crago - Citi Simeon Gutman - Morgan Stanley Scot Ciccarelli - Truist Korinne Wolfmeyer - PSC Operator Good afternoon, ladies and gentlemen, and thank you for standing by.

European Wax Center, Inc. (EWCZ) Q3 2022 Earnings Call Transcript

European Wax Center, Inc. (EWCZ) delivered earnings and revenue surprises of 33.33% and 2.16%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

European Wax Center, Inc. (EWCZ) Surpasses Q3 Earnings and Revenue Estimates

PLANO, Texas, Oct. 20, 2022 (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 third quarter fiscal 2022 financial results after the market closes on Thursday, November 3rd, 2022. Following the release, the company's management will host a conference call at 5:00 p.m. ET/4:00 p.m. CT to review the results.

European Wax Center, Inc. to Report Third Quarter Fiscal 2022 Financial Results on November 3rd

European Wax Center went public in May 2021, raising approximately $97 million in gross proceeds in an IPO. The firm operates a mostly franchised network of cosmetic hair removal centers in the United States.

European Wax Center Grows But Customer Visit Cadence Slows

The Finishing Touch for Highly Precise Results! PLANO, Texas , Sept.

EUROPEAN WAX CENTER THE LEADER IN WAX NOW PARTNERS WITH THE BEAUTY TOOL EXPERTS, TWEEZERMAN

European Wax Center, Inc. (NASDAQ:EWCZ ) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Amir Yeganehjoo - Senior Vice President, Finance and IR David Berg - Chief Executive Officer David Willis - Chief Financial and Chief Operating Officer Conference Call Participants Jonathan Komp - Baird John Heinbockel - Guggenheim Partners Scot Ciccarelli - Truist Kelly Crago - Citi Hannah Pittock - Morgan Stanley Operator Good day and thank you for standing by. Welcome to the European Wax Center's Second Quarter Earnings Call.

European Wax Center, Inc.'s (EWCZ) CEO David Berg on Q2 2022 Results - Earnings Call Transcript

European Wax Center, Inc. (EWCZ) delivered earnings and revenue surprises of 100% and 0.99%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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

Raises full year expectations for new center openings Reiterates fiscal 2022 financial outlook

European Wax Center, Inc. Reports Second Quarter Fiscal 2022 Results

European Wax Center has continued to compound its growth aggressively since its IPO. The company has a large runway for growth as an undisputed market leader.

European Wax Center: Wax Your Portfolio For Smooth Returns

PLANO, Texas, July 21, 2022 (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 2022 financial results after the market closes on Thursday, August 4th, 2022. Following the release, the company's management will host a conference call at 5:00 p.m. ET/4:00 p.m. CT to review the results.

European Wax Center, Inc. to Report Second Quarter Fiscal 2022 Financial Results on August 4th

PLANO, Texas, May 26, 2022 (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 members of its management team are scheduled to participate in investor meetings at the Baird 2022 Global Consumer, Technology and Services Conference in New York on June 6 -7, 2022 and the Jefferies Consumer Conference in Nantucket on June 21-22, 2022. Portfolio managers and analysts who wish to request a meeting should contact their Baird and Jefferies representatives, respectively.

European Wax Center, Inc. Announces Participation in Upcoming Conferences

PLANO, Texas, May 19, 2022 (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 the pricing of a public offering of 4,500,000 shares of its Class A common stock by selling stockholders, including stockholders affiliated with General Atlantic, L.P. (collectively, the “Selling Stockholders”) at a price to the public of $21.50 per share. In connection with the offering, the underwriters will have a 30-day option to purchase up to an additional 675,000 shares of Class A common stock from the Selling Stockholders. The offering is expected to close on May 24, 2022, subject to satisfaction of customary conditions.

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