Group 1: Company Overview - Molson Coors Brewing (TAP) is part of the Consumer Staples group, which consists of 180 companies and is currently ranked 10 in the Zacks Sector Rank [2] - TAP has a Zacks Rank of 1 (Strong Buy), indicating a favorable outlook based on earnings estimate revisions [3] Group 2: Performance Metrics - The Zacks Consensus Estimate for TAP's full-year earnings has increased by 6.1% in the past quarter, reflecting improved analyst sentiment [4] - Year-to-date, TAP has gained approximately 5.4%, outperforming the Consumer Staples sector, which has returned an average of -1.7% [4] - In the Beverages - Alcohol industry, which includes 19 stocks, TAP is performing better as this group has lost about 6.9% year-to-date [6] Group 3: Comparative Analysis - Another outperforming stock in the Consumer Staples sector is European Wax Center, Inc. (EWCZ), which has returned 2.3% year-to-date [5] - EWCZ belongs to the Cosmetics industry, currently ranked 86, which has declined by 13.1% year-to-date [6]

Core Insights - European Wax Center, Inc. (EWCZ) is currently rated 2 (Buy) by Zacks Rank, while e.l.f. Beauty (ELF) is rated 5 (Strong Sell), indicating a stronger earnings outlook for EWCZ compared to ELF [3]. Valuation Metrics - EWCZ has a forward P/E ratio of 18.19, significantly lower than ELF's forward P/E of 23.10, suggesting EWCZ may be undervalued relative to ELF [5]. - The PEG ratio for EWCZ is 1.32, while ELF's PEG ratio is considerably higher at 5.23, indicating EWCZ has a more favorable growth outlook relative to its valuation [5]. - EWCZ's P/B ratio stands at 4.08, compared to ELF's P/B ratio of 5.65, further supporting the notion that EWCZ is a better value investment [6]. Value Grades - EWCZ has a Value grade of B, while ELF has a Value grade of F, highlighting EWCZ's stronger position in terms of value metrics [6].

Company Overview - European Wax Center, Inc. is the leading franchisor and operator of out-of-home waxing services in the United States, with over 1,000 centers in 45 states [3] - The company performs more than 23 million services annually, generating sales of $955 million in fiscal 2023 [3] - Founded in 2004 and headquartered in Plano, Texas, European Wax Center is known for its innovative Comfort Wax® and proprietary products [3] Industry Insights - The demand for waxing services increases significantly around Valentine's Day, with over half of the services booked being Brazilian/Bikini focused [2] - The company emphasizes the importance of education and customer comfort during the waxing experience, showcasing a commitment to guest satisfaction [2] Marketing and Events - European Wax Center hosted an event offering complimentary waxing sessions, skincare tips, and product demonstrations, highlighting its engagement with customers [1] - The event featured Bravolebrity Ciara Miller, who shared her personal care routine and the confidence gained from waxing, reinforcing the brand's message of self-love [2]

Core Insights - Investors are evaluating European Wax Center, Inc. (EWCZ) and e.l.f. Beauty (ELF) for potential value investment opportunities [1] Valuation Metrics - EWCZ has a forward P/E ratio of 17.38, while ELF has a forward P/E of 30.65 [5] - EWCZ's PEG ratio is 1.26, compared to ELF's PEG ratio of 1.49, indicating EWCZ may offer better value considering expected EPS growth [5] - EWCZ's P/B ratio is 3.90, significantly lower than ELF's P/B of 8.57, suggesting EWCZ is more undervalued relative to its book value [6] Earnings Outlook - EWCZ is experiencing an improving earnings outlook, which enhances its attractiveness in the Zacks Rank model [7] - The Zacks Rank for EWCZ is 2 (Buy), while ELF holds a 3 (Hold) rating, indicating a stronger earnings estimate revision trend for EWCZ [3]

Group 1 - European Wax Center, Inc. (EWCZ) shares increased by 8% to close at $6.87, with a notable trading volume and a 23.5% gain over the past four weeks [1][2] - The company is focusing on innovative marketing and technology solutions to attract new guests and enhance engagement with existing ones, supported by committed franchise partners for long-term development [2] - For fiscal 2024, European Wax Center anticipates system-wide sales to be near the top end of its previous guidance, driven by strong fourth-quarter Wax Pass sales and guest loyalty [2] Group 2 - The company is expected to report quarterly earnings of $0.05 per share, reflecting a year-over-year decline of 50%, with revenues projected at $52.13 million, down 7.5% from the previous year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [4] - European Wax Center holds a Zacks Rank of 3 (Hold), similar to e.l.f. Beauty, which experienced a 6.7% decline in its last trading session [4][5]

Company Overview - European Wax Center (NASDAQ: EWCZ) is the leading franchisor and operator of out-of-home waxing services in the United States, with over 1,000 locations across 45 states [6] - The company performed more than 23 million services annually, generating sales of $955 million in fiscal 2023 [6] Franchise Recognition - European Wax Center has been recognized as the 1 franchise in the waxing category in Entrepreneur's Franchise 500® for the fourth consecutive year [1][4] - In the 2025 Franchise 500® list, the company ranked 62 out of 500 franchises, highlighting its strong performance in unit growth, financial strength, stability, and brand power [2][4] Service Offerings - The company offers a full suite of waxing services and has recently expanded its portfolio to include Eyebrow Tint and laser hair removal in specific markets [3] - The innovative Comfort Wax® is formulated with high-quality ingredients to enhance the waxing experience, making it more efficient and relatively painless [6] Business Model and Values - The company's business model is designed to maximize opportunities in 2025, focusing on driving value for franchisees, shareholders, and associates [4] - European Wax Center emphasizes its core values: We Care About Each Other, We Do the Right Thing, We Delight Our Guests, and We Have Fun While Being Awesome, contributing to its recognition as a Certified™ Great Place to Work® [6]

Core Viewpoint - European Wax Center, Inc. anticipates solid fiscal 2024 results with 23 net new center openings, exceeding previous expectations of 17 to 22 [3][4]. Fiscal 2024 Performance and Outlook - The company expects system-wide sales to be between $947 million and $950 million, an increase from the previous outlook of $930 million to $950 million [4]. - Same-store sales are projected to range from 0.0% to 0.2%, a significant improvement from the previous forecast of (1.5)% to 0.5% [4]. - Total revenue is estimated to be between $216 million and $221 million [6]. - Adjusted net income is expected to be between $19 million and $22 million [6]. - Adjusted EBITDA is projected to be between $70 million and $74 million, which includes up to $4 million of costs related to the company's investment in laser hair removal [6][9]. Share Repurchase Program - The company repurchased approximately 1.6 million shares for $10 million during the fourth quarter, with a cumulative repurchase of $40.1 million out of the $50 million authorized under its current share repurchase program [6]. Leadership and Strategic Focus - Chris Morris, the new CEO, expresses confidence in leveraging the company's business model for sustained growth and long-term value for stakeholders [3]. - The management remains focused on action plans to attract new guests and increase ticket sales [3]. Company Overview - European Wax Center, Inc. is the leading franchisor and operator of out-of-home waxing services in the U.S., with over 1,000 centers across 45 states [10]. - The company performed more than 23 million services annually and generated sales of $955 million in fiscal 2023 [10]. - The company emphasizes its innovative Comfort Wax® and proprietary products to enhance the waxing experience [10].

Core Viewpoint - European Wax Center, Inc. has appointed Chris Morris as the new CEO and Chairman of the Board, effective January 8, 2025, succeeding David Berg, who will remain on the Board [1][3] Leadership Transition - Chris Morris brings over 25 years of experience in consumer brand operations, including his recent role as CEO of Dave & Buster's, where he opened 30 new locations and established an international expansion pipeline [2][5] - David Berg, the outgoing CEO, has been credited with positioning the company for long-term success during a critical transitional period [3] Company Outlook - The company reaffirms its fiscal 2024 outlook as previously provided on November 14, 2024 [4] - European Wax Center operates over 1,000 locations across 45 states, performing more than 23 million services annually and generating sales of $955 million in fiscal 2023 [6][7]

PLANO, Texas, Nov. 19, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the leading franchisor and operator of out-of-home waxing services in the United States, is excited to announce its 2024 Shape Beauty Award Win. Chosen by SHAPE's dedicated team of testers and beauty professionals, European Wax Center has been named Best Nationwide Waxing Studio.The accolade comes as part of an extended version of SHAPE's coveted beauty awards, which are widely viewed as an essential resource for wellness- ...

Financial Data and Key Metrics Changes - The company reported its third quarter fiscal 2024 performance, with specific financial metrics to be discussed by the CFO later in the call [4]. Business Line Data and Key Metrics Changes - Detailed performance across various business lines will be provided by the CFO, indicating a focus on strategic priorities [4]. Market Data and Key Metrics Changes - The call will include insights into market performance, although specific data points are yet to be disclosed [4]. Company Strategy and Development Direction - The CEO will outline the company's strategic priorities during the call, emphasizing the direction for future growth [4]. Management's Comments on Operating Environment and Future Outlook - Management will provide commentary on the operating environment and future outlook, highlighting potential risks and uncertainties [5]. Other Important Information - A legal disclaimer was issued regarding forward-looking statements, indicating that actual results may differ from expectations due to various risks [5]. Q&A Session Summary - The Q&A session will follow the prepared remarks, allowing analysts to pose questions regarding the company's performance and outlook [4].