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 ...

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% 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 fr ...

PLANO, Texas, Aug. 14, 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 that the Board of Directors has appointed David Berg as Chief Executive Officer (CEO), effective August 12, 2024. Mr. Berg succeeds David Willis, who served as CEO and previously held various positions including President, Chief Operating Officer and Chie ...

Analysts on Wall Street project that European Wax Center, Inc. (EWCZ) will announce quarterly earnings of $0.08 per share in its forthcoming report, representing no change year over year. Revenues are projected to reach $61.27 million, increasing 3.7% from the same quarter last year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's ...

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 Californi ...