Group 1 - Analysts project European Wax Center, Inc. (EWCZ) will announce quarterly earnings of $0.08 per share, with revenues expected to reach $61.27 million, reflecting a 3.7% increase year over year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [1][2] - The correlation between earnings estimate revisions and short-term stock price performance is emphasized as a significant indicator for investor actions [2] Group 2 - Revenue from marketing fees is estimated at $8.10 million, indicating a 2.3% increase from the prior-year quarter [4] - Revenue from royalty fees is projected to reach $14.96 million, suggesting a 5.8% year-over-year change [4] - Revenue from product sales is expected to be $34.96 million, reflecting a 3.7% increase year over year [4] Group 3 - Other revenue is forecasted to reach $3.32 million, indicating a 0.6% increase from the prior-year quarter [5] - The ending center count is expected to reach 1,063, up from 1,003 a year ago [5] - New center openings are projected to be 12, a decrease from 25 reported in the same quarter of the previous year [5] Group 4 - EWCZ shares have decreased by 21.8% in the past month, contrasting with the S&P 500 composite's decline of 4.5% [5] - EWCZ holds a Zacks Rank 4 (Sell), indicating expectations of underperformance relative to the overall market in the near term [5]

Company Overview - European Wax Center, Inc. (NASDAQ: EWCZ) is the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States [3] - The company operates more than 1,000 centers across 45 states and performed over 23 million services annually [3] - In fiscal 2023, the company generated sales of $955 million [3] Upcoming Financial Results - The company plans to report its second quarter fiscal year 2024 financial results before the market opens on August 14, 2024 [1] - Following the release, management will host a conference call at 8:00 a.m. ET/7:00 a.m. CT to review the results [1] Service and Product Innovation - European Wax Center has developed an innovative Comfort Wax® that is designed to enhance the waxing experience by using high-quality ingredients [3] - The company offers a collection of proprietary products aimed at enhancing and extending waxing results [3] Company Values and Recognition - The company 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 [3] - European Wax Center is proud to be Certified™ by Great Place to Work® [3]

Core Viewpoint - The options market indicates significant implied volatility for European Wax Center, suggesting potential trading opportunities and expectations of substantial stock movement in the near future [2][3][5]. Company Analysis - European Wax Center, Inc. (EWCZ) has seen notable activity in the options market, particularly with the Sept 20, 2024 $5.00 Put option exhibiting some of the highest implied volatility among equity options [3]. - The company currently holds a Zacks Rank of 3 (Hold) within the Cosmetics industry, which is positioned in the top 38% of the Zacks Industry Rank [6]. - Over the past 60 days, there has been no increase in earnings estimates from analysts for the current quarter, with one analyst reducing their estimate, leading to a decrease in the Zacks Consensus Estimate from nine cents per share to eight cents per share [6].

Building on the disclosures established with European Wax Center's inaugural 2022 ESG Report, the 2023 ESG Report is aligned with International Financial Reporting Standards (IFRS) Foundation's SASB standards for the Professional & Commercial Services industry and highlights initiatives, performance and progress across key ESG areas for the Company during fiscal year 2023. The 2023 ESG Report covers European Wax Center's performance and related metrics on priority ESG topics. Key highlights include: For mor ...

PLANO, Texas, June 18, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to be recognized in two of Entrepreneur's most coveted lists for franchises—the 2024 Top Franchises For MultiUnit Owners and Best of the Best Franchises. "Our 20th Anniversary has come with many awards and milestones. We are honored to be recognized for a second year in a row by Entrepreneur, the premier so ...

Company Overview - European Wax Center, Inc. is the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, with over 1,000 centers in 45 states [5] - The company generated sales of $955 million in fiscal 2023 and performs more than 23 million services annually [5] Product Recognition - The EWC TREAT® Get Smooth Skin Clearing Body Polish won the "Best Body Scrub" category in the 2024 SELF Healthy Beauty Awards, highlighting its effectiveness and quality [1][3] - This product was launched in late 2023 and received recognition just six months later, indicating a strong market reception [3] Product Details - The Get Smooth Skin Clearing Body Polish contains a combination of Polyhydroxy Acid (PHA) and Glycolic and Lactic Acids (AHAs) at a total concentration of 12%, designed to refine skin texture and prevent ingrown hairs [2] - It retails for $18.00 and is available at all European Wax Center locations, as well as online [4] Industry Impact - The SELF Healthy Beauty Awards focus on active ingredients and involve extensive testing by dermatologists and experts, ensuring that winning products are effective [3][6] - European Wax Center emphasizes a holistic at-home regimen to maintain waxing results, positioning its products as essential for customer satisfaction [3]

Company Overview - European Wax Center, Inc. is the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, with over 1,000 centers in 45 states [5] - The company performed more than 23 million services annually and generated sales of $955 million in fiscal 2023 [5] - Founded in 2004 and headquartered in Plano, Texas, the company emphasizes a professional personal care experience with highly trained wax specialists [5] Product Recognition - The EWC TREAT® Brightening Ingrown Hair Wipes won the "Best Ingrown Treatment" category at the 2024 Men's Health Grooming Awards, marking the second consecutive year of recognition [1][3] - The product is formulated with vitamin C, azelaic, kojic, and lactic acids, designed to brighten skin and prevent ingrown hairs, bumps, and breakouts [2] - Retail price for the EWC TREAT® Brightening Ingrown Hair Wipes is $34.50, available at all European Wax Center locations and online [4] Industry Insights - The Men's Health Grooming Awards are considered a gold standard in the grooming industry, with products undergoing rigorous testing by Men's Health editors [3][6] - The awards highlight the growing interest in personal care among men, showcasing products that enhance grooming routines [3]

European Wax Center, Inc. (NASDAQ:EWCZ) is the largest and fastest-growing franchisor and operator of out- of-home waxing services in the United States. European Wax Center locations perform more than 23 million services per year, providing guests with an unparalleled, professional personal care experience administered by highly trained wax specialists within the privacy of clean, individual waxing suites. The Company continues to revolutionize the waxing industry with its innovative Comfort Wax® formulated ...

PLANO, Texas, May 15, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to announce its 2024 Cosmopolitan Holy Grail Beauty Award win. Cosmopolitan editors and experts have recognized the EWC TREAT® Brightening Ingrown Hair Wipes as the winner of the "Best Treatment for Ingrowns" category which will be featured in Cosmopolitan's May print issue, on stands May 6, 2024, as well as ...

European Wax Center, Inc. Reports First Quarter Fiscal Year 2024 Results Reiterates fiscal 2024 outlook Announces $50 million share repurchase program Exhibit 99.1 First Quarter Fiscal 2024 versus 2023 Plano, TX, May 15, 2024 - Today, European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 weeks ended April 6, 2024. David Willis, Chief Executive Officer of European Wax Center, ...