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EWCZ: Kaskela Law Firm Announces Investigation into European Wax Center, Inc. Shareholder Buyout Proposal and Encourages Investors to Contact the Firm – EWCZ
Globenewswire· 2026-02-28 12:00
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of European Wax Center to assess the fairness of the buyout price for shareholders [1][3]. Group 1: Buyout Details - European Wax Center announced an agreement to be taken private at a price of $5.80 per share in cash on February 10, 2026 [2]. - Following the transaction's closure, shareholders will be cashed out at $5.80 per share, and the company's shares will cease to be publicly traded [2]. Group 2: Financial Consideration - The investigation aims to determine if the buyout price of $5.80 per share is adequate, especially considering an analyst's price target of $15.00 per share for European Wax Center [3].
Shareholder Alert: The Ademi Firm investigates whether European Wax Center, Inc. is obtaining a Fair Price for its Public Shareholders
Prnewswire· 2026-02-27 15:25
Core Viewpoint - Ademi LLP is investigating European Wax Center, Inc. for potential breaches of fiduciary duty and other legal violations related to its transaction with Searchlight Capital Partners and Abry Partners, focusing on whether shareholders are receiving a fair price for their shares [1] Transaction Details - European Wax Center shareholders will receive $5.80 per share in cash for each share of Class A common stock, with an implied equity value of approximately $330 million [1] - The transaction is structured as an all-cash deal [1] Board Conduct - The investigation centers on the European Wax Center board of directors' conduct and whether they are fulfilling their fiduciary duties to all shareholders [1] - The transaction agreement includes provisions that significantly limit competing offers, imposing a substantial penalty if European Wax Center accepts a competing bid [1]
Interparfums Q4 Earnings Top Estimates, Organic Sales Increase 3%
ZACKS· 2026-02-25 14:06
Core Insights - Interparfums, Inc. (IPAR) achieved record fourth-quarter 2025 results with both revenue and earnings increasing year over year, surpassing the Zacks Consensus Estimate [1][5] Financial Performance - Quarterly earnings reached 88 cents per share, a 16% increase from 75 cents in the prior-year period, exceeding the Zacks Consensus Estimate of 78 cents [5][10] - Consolidated net sales rose 7% to $386.2 million from $361.5 million in the same quarter last year, with organic sales increasing by 3% [5][10] - European operations saw net sales grow by 9% to $233 million, while U.S. operations increased by 4% to $155 million, driven by brands like GUESS and Roberto Cavalli [6] Operational Highlights - The top seven brands, which account for approximately 77% of total sales, demonstrated healthy growth, particularly from Jimmy Choo, Coach, Lacoste, and Roberto Cavalli [3] - Travel Retail continued to outperform overall company growth, indicating strong demand in that segment [3] Cost and Margin Analysis - Consolidated gross margin decreased to 61.5%, down 300 basis points from 64.5% in the prior year, primarily due to tariff-related cost pressures [7] - Selling, general, and administrative expenses rose to $209.8 million from $193 million last year, while operating income fell 24% to $27.5 million, leading to a contraction in operating margin by 280 basis points to 7.1% [7] Financial Health - At the end of 2025, Interparfums had $295.2 million in cash, cash equivalents, and short-term investments, with inventories declining by 6% year over year [8] - Long-term debt, excluding the current portion, was approximately $121.3 million, and the company reaffirmed its annual cash dividend at $3.20 per share for 2026 [8] Future Outlook - Interparfums reaffirmed its 2026 guidance, projecting net sales of $1.48 billion and earnings per share of $4.85, considering current exchange rates and the anticipated full-year impact of tariffs [11]
European Wax Center, Inc. to Report Fourth Quarter and Fiscal Year 2025 Financial Results on March 4th
Globenewswire· 2026-02-23 21:15
PLANO, Texas, Feb. 23, 2026 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), a leading franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report fourth quarter and fiscal year 2025 financial results before the market opens on Wednesday, March 4, 2026. In light of the Company’s entry into a definitive agreement to be taken private by General Atlantic, European Wax Center, Inc. will not be hosting a conference call or providing financial ...
Kaskela Law Firm Announces Investigation into Fairness of European Wax Center, Inc. (NASDAQ: EWCZ) Shareholder Buyout and Encourages Current EWCZ Shareholders to Contact the Firm
Businesswire· 2026-02-20 13:01
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of European Wax Center, Inc. to assess the fairness of the buyout price for shareholders [1] Company Summary - European Wax Center, Inc. has announced an agreement to be taken private at a specified price [1]
EWCZ ALERT: European Wax Shareholders Unhappy With Merger Should Contact Julie & Holleman LLP Regarding Potential Legal Claims
Globenewswire· 2026-02-19 15:57
Core Viewpoint - Julie & Holleman LLP is investigating the proposed $330 million acquisition of European Wax Center, Inc. by General Atlantic, highlighting concerns over conflicts of interest and the perceived undervaluation of the deal at $5.80 per share [1][5]. Group 1: Company Overview - European Wax Center is a leading franchisor and operator of waxing services, making significant progress on its business priorities throughout 2025, which has established a stronger foundation for future growth [3]. - The company's Chairman and CEO, Chris Morris, expressed "tremendous optimism" regarding the company's prospects in November 2025 [3]. Group 2: Acquisition Details - General Atlantic, which already owns 40% of European Wax Center, announced on February 10, 2026, that it would acquire the remaining shares for $5.80 per share, with the deal expected to close in mid-2026 [4]. - The acquisition has raised concerns from Julie & Holleman regarding the fairness of the deal, particularly as key insiders will remain with the company while public shareholders may be receiving a price below the company's true value [5].
EWCZ Investors Have the Opportunity to Join Investigation of European Wax Center, Inc. with the Schall Law Firm
Globenewswire· 2026-02-18 15:12
Core Viewpoint - The Schall Law Firm is investigating potential breaches of fiduciary duty by the directors and management of European Wax Center, Inc. following its announcement of a definitive agreement to be taken private by General Atlantic in an all-cash transaction valued at approximately $330 million [1][2]. Group 1 - The investigation is focused on whether the board of European Wax Center breached its fiduciary duties to shareholders [2]. - The transaction with General Atlantic implies an equity value of around $330 million [2].
EUROPEAN WAX CENTER INVESTIGATION ALERT: Kaskela Law Firm is Investigating Fairness of European Wax Center, Inc.(NASDAQ: EWCZ) Proposed Buyout Price and Encourages EWCZ Stockholders to Contact the Firm
Globenewswire· 2026-02-13 13:00
Core Viewpoint - Kaskela Law LLC is investigating the proposed buyout of European Wax Center, Inc. to assess whether the buyout price undervalues the company's shares [1][3]. Group 1: Buyout Details - On February 10, 2026, European Wax Center announced an agreement to be taken private by General Atlantic at a price of $5.80 per share in cash [2]. - Following the transaction's closure, European Wax Center's shares will no longer be publicly traded, and shareholders will be cashed out [2]. Group 2: Investigation Focus - The investigation aims to determine if investors are receiving adequate financial consideration for their shares and whether the company's officers or directors breached fiduciary duties or violated securities laws in agreeing to the buyout price [3]. - At the time of the announcement, at least one analyst had a price target of $15.00 per share for EWCZ shares, indicating a significant disparity between the target and the proposed buyout price [3]. Group 3: Shareholder Actions - European Wax Center shareholders who believe the buyout price is too low are encouraged to contact Kaskela Law LLC for information regarding their legal rights and options [4].
EWCZ Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of European Wax Center to General Atlantic
Globenewswire· 2026-02-12 20:46
Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed sale of European Wax Center (EWCZ) to General Atlantic for $5.80 per share, which is significantly below its 52-week high of $7.60 per share, indicating a potentially opportunistic purchase [1][2]. Group 1: Sale Details - General Atlantic currently owns 42% of EWCZ's outstanding common stock, and the sale was approved by a special committee of the EWCZ board [1]. - The sale price of $5.80 is below the price target of $6.00 set by Truist Financial analyst Scot Ciccarelli prior to the announcement [2]. Group 2: Investigation Focus - The investigation will assess whether the Special Committee acted in the best interests of EWCZ shareholders, including the independence of its members and the fairness of the sale price [3]. - The inquiry will also determine if all material information regarding the transaction has been fully disclosed to shareholders [3]. Group 3: Firm Background - Wohl & Fruchter LLP has over a decade of experience representing investors in litigation related to corporate misconduct, recovering hundreds of millions of dollars for investors [4].
European Wax Center, Inc. (NASDAQ:EWCZ) Faces Investigation Amid Acquisition Offer
Financial Modeling Prep· 2026-02-11 09:03
Core Insights - European Wax Center, Inc. (EWCZ) is a significant entity in the beauty and personal care sector, focusing on hair removal services through a franchise model [1] - The stock is currently trading at $5.72, closely matching a cash offer of $5.80 per share from General Atlantic, with an ongoing investigation into the fairness of this sale [2][5] - EWCZ's stock has experienced a notable 43% increase recently, reflecting heightened market interest [2][5] Stock Performance - The stock has shown volatility, trading between $5.71 and $5.75 on the current day, with a yearly high of $7.60 and a low of $2.72, indicating significant fluctuations [3] - The market capitalization of EWCZ is approximately $318 million, with a trading volume of 11.68 million shares, suggesting strong investor engagement [4] Investigation and Implications - Halper Sadeh LLC is investigating the sale to General Atlantic to ensure a fair price for shareholders, which is critical given the stock's recent performance [2][4][5] - The outcome of this investigation may have substantial implications for EWCZ's shareholders and the proposed transaction [4]