European Wax Center, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results
European Wax Center, Inc. - Class A (EWCZ)
Company Research
Source: GlobeNewswire
Fiscal Year 2023 versus 2022 Net new centers increased 10.6% to 1,044 total centers in 45 statesSystem-wide sales of $955.0 million increased 6.3%Total revenue of $221.0 million increased 6.6%Same-store sales increased 2.9%GAAP net income of $12.3 million and Adjusted net income of $22.5 millionAdjusted EBITDA of $76.0 million PLANO, Texas, March 06, 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 14 and 53 weeks ended January 6, 2024. David Willis, Chief Executive Officer of European Wax Center, Inc. stated: “European Wax Center delivered a strong fourth quarter and equally strong full year 2023 performance. We opened 100 net new centers in 2023, all of which were developed by existing operators, demonstrating continued demand from our franchisees. Further, our core guests, Wax Pass and routine guests, rema
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News
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EWCZ
Sec Filings
- 4/23/24 - Form 4
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- EWCZ's page on the SEC website