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- ...

Reiterates fiscal 2024 financial outlook Updates fiscal 2024 outlook for net new centers Third Quarter Fiscal 2024 versus 2023 Net new centers increased 3.7% to 1,064 total centers in 45 statesSystem-wide sales of $240.2 million decreased 0.2%Total revenue of $55.4 million decreased 0.5%Same-store sales decreased 0.5%GAAP net income of $2.0 million decreased 50.7%Adjusted net income of $5.5 million decreased 8.2%Adjusted EBITDA of $18.4 million decreased 4.4% PLANO, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- ...

PLANO, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report third quarter fiscal year 2024 financial results before the market opens on Thursday, November 14, 2024. Following the release, the company’s management will host a conference call at 8:00 a.m. ET/7:00 a.m. CT to review the results. To access the conference call dial-in in ...

PLANO, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing 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 2024 Piper Sandler Growth Frontiers Conference at the Virgin Hotel in Nashville, Tennessee on September 10, 2024. Management will participate in a fireside chat at 9:00 AM EST on September 10, 2024. A link to the webcast will be availabl ...

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 ...