European Wax Center(EWCZ)

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European Wax Center (EWCZ) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-03-12 17:01
Core Viewpoint - European Wax Center, Inc. (EWCZ) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on upward trends in earnings estimates [1][4]. Earnings Estimates and Ratings - The Zacks rating system is primarily driven by changes in a company's earnings picture, with the Zacks Consensus Estimate tracking EPS estimates from sell-side analysts [2][3]. - The recent upgrade reflects an improvement in European Wax Center's earnings outlook, which could lead to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimate Revisions - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements, influenced by institutional investors [5]. - Rising earnings estimates for European Wax Center suggest an improvement in the company's underlying business, which should be positively reflected in its stock price [6]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [8]. - The upgrade of European Wax Center to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [11]. Recent Earnings Estimate Changes - For the fiscal year ending December 2025, European Wax Center is expected to earn $0.39 per share, reflecting a -13.3% change from the previous year [9]. - Over the past three months, the Zacks Consensus Estimate for the company has increased by 0.9%, indicating positive sentiment among analysts [9].
European Wax Center(EWCZ) - 2024 Q4 - Earnings Call Transcript
2025-03-11 20:52
European Wax Center (EWCZ) Q4 2024 Earnings Call March 11, 2025 04:52 PM ET Company Participants Bethany Johns - Director of IRChris Morris - Chairman & CEOStacie Shirley - Chief Financial OfficerRandal Konik - Managing DirectorDana Telsey - CEO and Chief Research Officer Conference Call Participants Scot Ciccarelli - MD & Senior Research AnalystJonathan Komp - Senior Research AnalystNone - Analyst Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to European WaxCentre's Fo ...
European Wax Center(EWCZ) - 2025 Q4 - Annual Report
2025-03-11 20:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 4, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40714 EUROPEAN WAX CENTER, INC. (Exact name of Registrant as specified in its Charter) Delaware 86-3150064 (State or other jurisdiction ...
European Wax Center(EWCZ) - 2024 Q4 - Earnings Call Transcript
2025-03-11 17:50
European Wax Center, Inc. (NASDAQ:EWCZ) Q4 2024 Earnings Conference Call March 11, 2025 8:00 AM ET Company Participants Bethany Johns - Director-Investor Relations Chris Morris - Chairman & Chief Executive Officer Stacie Shirley - Chief Financial Officer Conference Call Participants Randal Konik - Jefferies Scot Ciccarelli - Truist Dana Telsey - Telsey Advisory Group Jonathan Komp - Baird Lauren Ng - Morgan Stanley Operator Good morning, ladies and gentlemen and thank you for standing by. Welcome to Europea ...
European Wax Center(EWCZ) - 2024 Q4 - Annual Results
2025-03-11 10:40
Financial Results - European Wax Center, Inc. reported financial results for the fiscal year ended January 4, 2025[6]. - The company issued a press release on January 13, 2025, detailing its performance and future outlook[6]. - Specific revenue figures and growth percentages were not provided in the extracted content, but the press release is referenced for detailed financial commentary[6]. Company Classification and Compliance - The company is classified as an emerging growth company under the Securities Act of 1933[5]. - The filing is intended to satisfy the reporting obligations under the Securities Exchange Act of 1934[3]. Report Details - The report includes a cover page interactive data file embedded within the Inline XBRL document[8]. - The Chief Administrative Officer, Gavin M. O'Connor, signed the report on behalf of the company[12]. - The report does not include detailed user data or specific metrics related to new products or market expansion[6]. - Future guidance and strategic initiatives were not explicitly mentioned in the extracted content[6]. Company Information - The company is headquartered in Plano, Texas, and operates under the symbol EWCZ on The Nasdaq Stock Market LLC[5].
European Wax Center, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results
Newsfilter· 2025-03-11 10:01
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 ...
European Wax Center, Inc. Announces Chief Financial Officer Transition
Globenewswire· 2025-03-11 10:00
Core Viewpoint - European Wax Center, Inc. has appointed Thomas Kim as the new Chief Financial Officer (CFO), effective April 7, 2025, succeeding Stacie Shirley, who will remain as a strategic advisor until April 30, 2025 [1][2][3] Executive Appointments - The company has strengthened its executive leadership team with the appointments of Katie Mullen as Chief Commercial Officer, effective March 5, 2025, and Chris Andrews as Chief Information and Digital Officer, effective March 31, 2025 [1][4][5] - Katie Mullen will lead marketing transformation and guest acquisition efforts, bringing nearly two decades of experience from roles at JCPenney and Neiman Marcus Group [4][8] - Chris Andrews will oversee digital transformation, leveraging over 20 years of experience in technology and data functions, including his previous role as Chief Information Officer at Unleashed Brands [5][9] Background of New CFO - Thomas Kim has over a decade of executive-level finance experience, previously serving as CFO at Brinks Home and Smoothie King, where he contributed to revenue growth and profitability [2][7] - He holds an MBA from Harvard Business School and a bachelor's degree from the United States Military Academy at West Point [7] Company Overview - European Wax Center, Inc. is the leading franchisor and operator of out-of-home waxing services in the United States, performing over 23 million services annually and generating $955 million in sales for fiscal 2023 [10]
European Wax Center (EWCZ) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2025-03-06 15:15
Wall Street analysts forecast that European Wax Center, Inc. (EWCZ) will report quarterly earnings of $0.05 per share in its upcoming release, pointing to a year-over-year decline of 50%. It is anticipated that revenues will amount to $52.47 million, exhibiting a decline of 6.9% compared to the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this per ...
European Wax Center, Inc. Announces Participation in the BofA Securities 2025 Consumer and Retail Conference
Globenewswire· 2025-02-26 21:05
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 Euro ...
European Wax Center, Inc. to Report Fourth Quarter and Fiscal Year 2024 Financial Results on March 11th
GlobeNewswire News Room· 2025-02-25 22:00
Core Points - European Wax Center, Inc. plans to report its fourth quarter and fiscal year 2024 financial results on March 11, 2025, before market opens [1] - The company will host a conference call at 8:00 a.m. ET to discuss the results [1] - European Wax Center is the leading franchisor and operator of out-of-home waxing services in the U.S., with over 1,000 centers in 45 states [3] Company Overview - European Wax Center performs more than 23 million services annually, providing a professional personal care experience [3] - The company utilizes its proprietary Comfort Wax® and offers a collection of products to enhance waxing results [3] - In fiscal 2023, the company generated sales of $955 million [3]