NEW YORK, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Ibotta, Inc. (NYSE:IBTA) and European Wax Center, Inc. (NASDAQ:EWCZ). Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices. Additional information about each case can be found at the link provided. Ibotta, Inc. (NYSE:IBTA) On August 13, 2024, Ibotta re ...

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against European Wax Center, Inc. ("European Wax" or the "Company") (NASDAQ:EWCZ) on behalf of European Wax stockholders. Our investigation concerns whether European Wax has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On August 14, 2024, European Wax issued a press ...

NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of European Wax Center, Inc. ("European Wax" or "the Company") (NASDAQ: EWCZ). Investors who purchased European Wax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/EWCZ. Investigation Details On August 14, 2024, European Wax issued a press release reporting its financial r ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Aug. 15, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises European Wax Center, Inc. ("European Wax Center") (NASDAQ: EWCZ) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. European Wax Center investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to co ...

SAN DIEGO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether European Wax Center, Inc. (NASDAQ: EWCZ) or any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material, adverse information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. What if I purchased European Wax securities? If you purchased securities and suf ...

For the quarter ended June 2024, European Wax Center, Inc. (EWCZ) reported revenue of $59.87 million, up 1.3% over the same period last year. EPS came in at $0.15, compared to $0.08 in the year-ago quarter. The reported revenue represents a surprise of -2.29% over the Zacks Consensus Estimate of $61.27 million. With the consensus EPS estimate being $0.08, the EPS surprise was +87.50%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...

European Wax Center, Inc. (EWCZ) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 87.50%. A quarter ago, it was expected that this company would post earnings of $0.06 per share when it actually produced earnings of $0.13, delivering a surprise of 116.67%. Over the last four quarters, ...

European Wax Center has a new CEO -- and a new problem with growth. The U.S. macroeconomics story of consumers cutting back on discretionary purchases continues. Shares of European Wax Center (EWCZ -27.99%) got destroyed this afternoon -- down 26.6% through 12:30 p.m. ET -- after the company apparently beat on earnings but missed on sales. Analysts forecast the body-hair removal franchisor would earn $0.08 per share on $61.3 million in sales in the second quarter, or about $3.9 million. Actual earnings were ...

European Wax Center, Inc. (NASDAQ:EWCZ) Q2 2024 Results Conference Call August 14, 2024 8:00 AM ET Company Participants Bethany Johns - Director of Investor Relations David Berg - CEO Stacie Shirley - Chief Financial Officer Conference Call Participants Randal Konik - Jefferies Josh Young - Truist Dana Telsey - Telsey Advisory Group Lorraine Hutchinson - Bank of America Korinne Wolfmeyer - Piper Sandler Simeon Gutman - Morgan Stanley Jonathan Komp - Baird Kelly Crago - Citi John Heinbockel - Guggenheim Part ...

EXHIBIT 99.1 European Wax Center, Inc. Reports Second Quarter Fiscal Year 2024 Results Updates fiscal 2024 outlook including expected net new center openings Second Quarter Fiscal 2024 versus 2023 • Net new centers increased 5.6% to 1,059 total centers in 45 states • System-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% • Adjuste ...