secwatch.observer — SEC 8-K summary
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Issuer:     European Wax Center, Inc. (EWCZ)
CIK:        0001856236
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000950170-22-007412
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

European Wax Center Q1 revenue $45.4M (+23.9%); raises FY2022 outlook; $3.30 special dividend
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- Q1 revenue $45.4M (+23.9%), same-store sales +29.0%; net income $4.0M vs $1.1M prior year.
- Adjusted EBITDA $15.2M (+20.9%); opened 21 net new centers, total 874 centers.
- Completed debt refinancing: $400M Class A-2 Notes at 5.5% fixed, funded $3.30/share special dividend payable May 6.
- Raised FY2022 guidance: revenue $199-$209M (was $198-$208M), adj. EBITDA $69.5-$72.5M, adj. net income $24-$28.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856236/000095017022007412/0000950170-22-007412-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856236/000095017022007412/ewcz-20220504.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-007412

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer