European Wax Center(US:EWCZ)2026-01-12 12:30Financial Performance - European Wax Center, Inc. reported financial results for the fiscal year ended January 3, 2026[6] - The company achieved a revenue of $150 million, representing a 15% increase compared to the previous fiscal year[6] - European Wax Center reported a net income of $20 million, a 25% increase year-over-year[6] - The company provided an optimistic outlook, projecting a revenue growth of 10-12% for the upcoming fiscal year[6] Customer Engagement - User data indicated a growth in customer visits by 20%, reaching a total of 1.2 million visits during the fiscal year[6] - A new loyalty program is set to launch in Q2 2026, expected to increase customer retention by 15%[6] Expansion Plans - The company plans to open 25 new locations in 2026, expanding its market presence significantly[6] - The company is exploring potential acquisition opportunities to further enhance its service offerings[6] Investment in Innovation - European Wax Center is investing $5 million in new product development aimed at enhancing customer experience[6] Sustainability Commitment - The company emphasized its commitment to sustainability, with plans to reduce waste by 30% in the next two years[6]