European Wax Center(EWCZ) - 2024 Q2 - Quarterly Results

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 ...