European Wax Center, Inc. operates as a holding company for EWC Ventures, LLC that franchises and operates out-of-home waxing services in the United States. The company also sells facial and body waxing products to franchisees, as well as sells skincare products through website. As of March 27, 2021, it had a portfolio of centers operating in 808 locations, including 803 are franchised centers and 5 corporate-owned centers. The company was founded in 2004 and is headquartered in Plano, Texas.
IPO Year: 2021
Exchange: NASDAQ
Website: waxcenter.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/12/2025 | $6.00 → $5.00 | Market Perform | Telsey Advisory Group |
| 1/6/2025 | $9.00 → $7.00 | Overweight → Neutral | Piper Sandler |
| 12/19/2024 | $6.00 | Outperform → Market Perform | Telsey Advisory Group |
| 11/15/2024 | $5.00 | Equal-Weight → Underweight | Morgan Stanley |
| 8/15/2024 | $16.00 → $5.50 | Buy → Neutral | Citigroup |
| 9/21/2023 | $19.00 → $22.00 | Neutral → Overweight | Piper Sandler |
| 4/5/2023 | $21.00 | Outperform → Neutral | Robert W. Baird |
| 8/30/2022 | $22.00 | Neutral | Piper Sandler |
| 11/1/2021 | $30.00 → $36.00 | Outperform | Telsey Advisory Group |
| 9/15/2021 | $25.00 → $26.00 | Equal-Weight | Morgan Stanley |
USA Today and Plant-A Insights Group name waxing industry leader as one of the most trusted brands in the United States PLANO, Texas, March 27, 2025 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, has been named one of America's Most Trusted Brands in 2025 by USA Today. In partnership with Plant-A Insights Group, America's Most Trusted Brands 2025 recognizes brands in the United States that consumers trust most, based on a range of relevant metrics. This year's study is based on
PLANO, Texas, March 25, 2025 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services, is proud to announce its NewBeauty Award win. The brand's EWC TREAT® Brightening Ingrown Hair Wipes has been named "Best Ingrown Hair Treatment" in the 2025 NewBeauty Awards. The EWC TREAT® Brightening Ingrown Hair Wipes builds on the success of two-time NewBeauty award-winning EWC TREAT® Ingrown Hair Serum with a new format and enhanced formula that addresses skin discoloration. Formulated with vitamin C, azelaic, kojic, and
PLANO, Texas, March 21, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ:EWCZ) (the "Company" or "European Wax Center"), the leading franchisor and operator of out-of-home waxing services in the United States, announced that on March 21, 2025, and in connection with the previously announced appointment of Katie Mullen as the Company's Chief Commercial Officer, the Company's Board of Directors approved grants of (i) restricted stock units ("RSUs") covering 160,000 shares of the Company's Class A common stock (the "Mullen RSUs"), (ii) non-qualified stock option awards to purchase 220,000 shares of the Company's Class A common stock with an exercise price of $3.99, which is equal to
Issues fiscal 2025 outlook Fiscal Year 2024 versus 2023 Net new centers increased 2.2% to 1,067 total centers in 45 statesSystem-wide sales of $951.0 million decreased 0.4% and increased 1.2% on a 52-week basisTotal revenue of $216.9 million decreased 1.9% and was flat on a 52-week basisSame-store sales increased 0.2%GAAP net income of $14.7 million increased 21.9%Adjusted Net Income of $25.6 million increased 15.2%Adjusted EBITDA of $75.5 million decreased 0.7% PLANO, Texas, March 11, 2025 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 and
Seasoned financial executive with high-growth franchise experience Thomas Kim appointed CFO Current CFO Stacie Shirley to depart the Company; will remain as a strategic advisor through April 30, 2025 Company also strengthens executive leadership team with the appointments of Katie Mullen as Chief Commercial Officer and Chris Andrews as Chief Information and Digital Officer PLANO, Texas, March 11, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ:EWCZ) (the "Company" or "European Wax Center"), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that Thomas "Tom" Kim has been appointed Chief Financial Officer (CFO), effective
PLANO, Texas, Feb. 26, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ:EWCZ), the leading 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 BofA Securities 2025 Consumer and Retail Conference in Miami, Florida on March 12, 2025. Management will participate in a fireside chat at 9:40 AM EST on March 12, 2025. A link to the webcast will be available at https://investors.waxcenter.com/. About European Wax Center, Inc.European Wax Center, Inc. (NASDAQ:EWCZ) is the leading franchisor and operator of out-of-home waxing services in the United States. European Wax Center locations pe
PLANO, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report fourth quarter and fiscal year 2024 financial results before the market opens on Tuesday, March 11, 2025. 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. To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call. All other participants are asked to access the earnings webcast at https://investors.waxcenter.com
PLANO, Texas, Feb. 3, 2025 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services, recently hosted an exclusive Galentine's Day Celebration with popular Bravo TV Celebrity Ciara Miller. Taking place at one of its 85 New York locations, the intimate event highlighted European Wax Center's dedication to empowering guests to reveal their most beautiful skin while highlighting popular Valentine's Day waxing services and products. As the largest provider of waxing services in the United States, European Wax Center
PLANO, Texas, Jan. 16, 2025 /PRNewswire/ -- European Wax Center (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, has been recognized in Entrepreneur's Franchise 500® as the #1 franchise in the waxing category for the fourth year in a row. As the world's first and most comprehensive franchise ranking, the annual Entrepreneur Franchise 500® has been a highly sought-after honor in the franchise industry and recognized as an invaluable resource for potential franchisees. The 2025 Franchise 500® list ranks European Wax Center a
Reports fiscal 2024 net new center openings Updates fiscal 2024 financial outlook PLANO, Texas, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, provides an update on fiscal 2024 expected performance ahead of meetings at the 2025 ICR Conference in Orlando, Florida. Stacie Shirley, Chief Financial Officer of European Wax Center, Inc., stated: "We are pleased to share our expectations for solid full year results, including 23 net new center openings. We anticipate system-wide sales near the high end of our previous outlook driven by strong fourth quarter Wax Pass sales
S-8 - European Wax Center, Inc. (0001856236) (Filer)
8-K - European Wax Center, Inc. (0001856236) (Filer)
10-K - European Wax Center, Inc. (0001856236) (Filer)
8-K - European Wax Center, Inc. (0001856236) (Filer)
SCHEDULE 13G/A - European Wax Center, Inc. (0001856236) (Subject)
SCHEDULE 13G/A - European Wax Center, Inc. (0001856236) (Subject)
8-K - European Wax Center, Inc. (0001856236) (Filer)
8-K - European Wax Center, Inc. (0001856236) (Filer)
SCHEDULE 13G - European Wax Center, Inc. (0001856236) (Subject)
8-K - European Wax Center, Inc. (0001856236) (Filer)
Telsey Advisory Group reiterated coverage of European Wax Center with a rating of Market Perform and set a new price target of $5.00 from $6.00 previously
Piper Sandler downgraded European Wax Center from Overweight to Neutral and set a new price target of $7.00 from $9.00 previously
Telsey Advisory Group downgraded European Wax Center from Outperform to Market Perform and set a new price target of $6.00
Morgan Stanley downgraded European Wax Center from Equal-Weight to Underweight and set a new price target of $5.00
Citigroup downgraded European Wax Center from Buy to Neutral and set a new price target of $5.50 from $16.00 previously
Piper Sandler upgraded European Wax Center from Neutral to Overweight and set a new price target of $22.00 from $19.00 previously
Robert W. Baird downgraded European Wax Center from Outperform to Neutral and set a new price target of $21.00
Piper Sandler initiated coverage of European Wax Center with a rating of Neutral and set a new price target of $22.00
Telsey Advisory Group reiterated coverage of European Wax Center with a rating of Outperform and set a new price target of $36.00 from $30.00 previously
Morgan Stanley reiterated coverage of European Wax Center with a rating of Equal-Weight and set a new price target of $26.00 from $25.00 previously
PLANO, Texas, March 21, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ:EWCZ) (the "Company" or "European Wax Center"), the leading franchisor and operator of out-of-home waxing services in the United States, announced that on March 21, 2025, and in connection with the previously announced appointment of Katie Mullen as the Company's Chief Commercial Officer, the Company's Board of Directors approved grants of (i) restricted stock units ("RSUs") covering 160,000 shares of the Company's Class A common stock (the "Mullen RSUs"), (ii) non-qualified stock option awards to purchase 220,000 shares of the Company's Class A common stock with an exercise price of $3.99, which is equal to
PLANO, Texas, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Today, 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, announced the appointment of Julia Hunter to its Board of Directors ("Board"), effective August 1, 2024. Ms. Hunter will serve on the Nominating and Governance committee. Ms. Hunter joins the European Wax Center Board currently serving as the CEO of luxury California lifestyle and fashion brand Jenni Kayne. During her ten-year tenure as CEO, Jenni Kayne has grown revenue forty times over through both its e-commerce platform and its expanding brick
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. "We are excited to deepen our executive leadership team and welcome Andrea Wasserman as our first Chief Commercial Officer. In this newly created role, Andrea will lead the Marketing, Merchandising, Loyalty, Customer Relationship Management, eCommerce, and Data Insights teams and work across functions to drive revenue and profitable growth derived from
Current Chief Financial Officer and Chief Operating Officer David Willis Promoted to President Consumer Industry Veteran Stacie Shirley Appointed to Chief Financial Officer PLANO, Texas, March 09, 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 Stacie Shirley to Chief Financial Officer effective March 27, 2023. Stacie Shirley succeeds David Willis who has been promoted to President effective March 27, 2023. Mr. Willis will retain his role as Chief Operating Officer of the Company. "Today
PLANO, Texas, Nov. 29, 2021 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ:EWCZ), a leading personal care franchise brand that offers expert wax services, today announced the appointment of Nital Scott to its Board of Directors. With the appointment of Ms. Scott, the European Wax Center Board of Directors now has seven members. "We are thrilled to have Nital join the European Wax Center team. Her deep experience in retail and consumer-facing beauty spaces will be invaluable as we continue to execute on our strategic priorities of new center openings and same-store sales growth. I look forward to partnering with her to enhance value for all European Wax Center stakeholders," said Da
4 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
3 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
4 - European Wax Center, Inc. (0001856236) (Issuer)
SC 13G - European Wax Center, Inc. (0001856236) (Subject)
SC 13G - European Wax Center, Inc. (0001856236) (Subject)
SC 13G/A - European Wax Center, Inc. (0001856236) (Subject)
SC 13G - European Wax Center, Inc. (0001856236) (Subject)
SC 13G/A - European Wax Center, Inc. (0001856236) (Subject)
SC 13G/A - European Wax Center, Inc. (0001856236) (Subject)
SC 13G/A - European Wax Center, Inc. (0001856236) (Subject)
SC 13G - European Wax Center, Inc. (0001856236) (Subject)
SC 13G - European Wax Center, Inc. (0001856236) (Subject)
SC 13G/A - European Wax Center, Inc. (0001856236) (Subject)
Issues fiscal 2025 outlook Fiscal Year 2024 versus 2023 Net new centers increased 2.2% to 1,067 total centers in 45 statesSystem-wide sales of $951.0 million decreased 0.4% and increased 1.2% on a 52-week basisTotal revenue of $216.9 million decreased 1.9% and was flat on a 52-week basisSame-store sales increased 0.2%GAAP net income of $14.7 million increased 21.9%Adjusted Net Income of $25.6 million increased 15.2%Adjusted EBITDA of $75.5 million decreased 0.7% PLANO, Texas, March 11, 2025 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 and
PLANO, Texas, Feb. 25, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report fourth quarter and fiscal year 2024 financial results before the market opens on Tuesday, March 11, 2025. 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. To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call. All other participants are asked to access the earnings webcast at https://investors.waxcenter.com
Reiterates fiscal 2024 financial outlook Updates fiscal 2024 outlook for net new centers Third Quarter Fiscal 2024 versus 2023 Net new centers increased 3.7% to 1,064 total centers in 45 statesSystem-wide sales of $240.2 million decreased 0.2%Total revenue of $55.4 million decreased 0.5%Same-store sales decreased 0.5%GAAP net income of $2.0 million decreased 50.7%Adjusted net income of $5.5 million decreased 8.2%Adjusted EBITDA of $18.4 million decreased 4.4% PLANO, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Today, European Wax Center, Inc. (NASDAQ:EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 an
PLANO, Texas, Nov. 05, 2024 (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 year 2024 financial results before the market opens on Thursday, November 14, 2024. 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. To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call. All other participants are asked to access the earnings webcast at https://inve
Second Quarter Fiscal 2024 versus 2023 Net new centers increased 5.6% to 1,059 total centers in 45 statesSystem-wide sales of $260.2 million increased 2.3%Total revenue of $59.9 million increased 1.3%Same-store sales increased 1.6%GAAP net income of $6.0 million increased 7.3%Adjusted net income of $7.3 million increased 4.0%Adjusted EBITDA of $20.6 million decreased 2.6% PLANO, Texas, Aug. 14, 2024 (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 6, 2024. In a separate release today, European Wax Cen
PLANO, Texas, Aug. 01, 2024 (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 year 2024 financial results before the market opens on Wednesday, August 14, 2024. 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. To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call. All other participants are asked to access the earnings webcast at https://in
Reiterates fiscal 2024 outlook Announces $50 million share repurchase program First Quarter Fiscal 2024 versus 2023 Net new centers increased 7.5% to 1,051 total centers in 45 statesSystem-wide sales of $221.4 million increased 1.3%Total revenue of $51.9 million increased 4.0%Same-store sales decreased 1.2%GAAP net income of $3.7 million and Adjusted net income of $4.8 millionAdjusted EBITDA of $17.5 million increased 7.4% PLANO, Texas, May 15, 2024 (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 6, 2024.
PLANO, Texas, May 01, 2024 (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 first quarter fiscal year 2024 financial results before the market opens on Wednesday, May 15, 2024. 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. To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call. All other participants are asked to access the earnings webcast at https://investors
PLANO, Texas, Feb. 21, 2024 (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 fourth quarter and fiscal year 2023 financial results before the market opens on Wednesday, March 6, 2024. 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. To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call. All other participants are asked to access the earnings webcast at https://in
PLANO, Texas, Oct. 25, 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 third quarter fiscal 2023 financial results before the market opens on Wednesday, November 8, 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. To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call. All other participants are asked to access the earnings webcast at https://investors