European Wax Center(EWCZ) - 2024 Q3 - Quarterly Results

EXHIBIT 99.1 European Wax Center, Inc. Reports Third Quarter Fiscal Year 2024 Results 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 states • System-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 decreas ...