earnings
confidence high
sentiment positive
materiality 0.65
European Wax Center ends FY2021 with 853 centers, deepest pipeline of 330+ locations
European Wax Center, Inc.
- Added 57 net new centers in FY2021, nearly all opened by existing franchisees.
- Ended year with 853 total centers and deepest pipeline ever (over 330 locations).
- New guest growth significantly increased vs 2019 levels.
- Fiscal 2022 performance expected at least in line with long-term growth targets.
- Full FY2021 financial results to be published in March 2022.