---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-006808"
form_type: "8-K"
ticker: "EWCZ"
cik: "0001856236"
company_name: "European Wax Center, Inc."
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T07:44:20.181171+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# European Wax Center reports record FY2022 revenue; names new CFO and President

## Summary
- Total revenue $207.4M (+16.0% YoY); same-store sales +10.4%; GAAP net income $13.6M vs $4.0M.
- Adjusted EBITDA $71.6M (+11.7%); adjusted net income $71.5M vs $29.7M prior year.
- FY2023 outlook: net new centers 95-100; total revenue $222-$229M; adjusted EBITDA $77-$80M.
- Stacie Shirley appointed CFO effective Mar 27, 2023; receives equity award with $0.6M grant-date fair value.
- David Willis promoted to President while retaining COO role; oversaw CFO transition.

## SEC filing metadata
- accession: 0000950170-23-006808
- form_type: 8-K
- ticker: EWCZ
- cik: 0001856236
- company_name: European Wax Center, Inc.
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856236/000095017023006808/0000950170-23-006808-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856236/000095017023006808/ewcz-20230306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-006808
- JSON: https://secwatch.observer/filing/0000950170-23-006808.json
- Plain text: https://secwatch.observer/filing/0000950170-23-006808.txt

## Key facts
- Earnings Releases
  European Wax Center, Inc. reported Fiscal 2023 results: revenue $222 million to $229 million. Guidance initiated.
  - Period: Fiscal 2023
  - Revenue: $222 million to $229 million
  - Guidance: initiated
  - Result: guidance update
  source text: Fiscal 2023 Outlook (1) Fiscal 2023 Outlook New Center Openings, Net 95 to 100 System-Wide Sales $965 million to $990 million Total Revenue $222 million to $229 million Same-Store Sales Mid-Single Digits Adjusted Net Income (2) $22 million to $24.5 million Adjusted EBITDA $77 million to $80 million —————————————— (1) Fiscal 2022 and Fiscal 2023 each include a 53rd week in the fourth quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017023006808/0000950170-23-006808-index.htm
- Earnings Releases
  European Wax Center, Inc. reported the 14 weeks ended December 31, 2022 results: revenue $53.5 million, net income $2.3 million.
  - Period: the 14 weeks ended December 31, 2022
  - Revenue: $53.5 million
  - Net income: $2.3 million
  - Result: reported results
  source text: Total revenue of $53.5 million increased 18.7% from $45.1 million in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017023006808/0000950170-23-006808-index.htm
- Earnings Releases
  European Wax Center, Inc. reported the 53 weeks ended December 31, 2022 results: revenue $207.4 million, net income $13.6 million.
  - Period: the 53 weeks ended December 31, 2022
  - Revenue: $207.4 million
  - Net income: $13.6 million
  - Result: reported results
  source text: Total revenue of $207.4 million increased 16.0% from $178.7 million in the prior year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017023006808/0000950170-23-006808-index.htm
- Executive change
  Stacie Shirley was appointed as Chief Financial Officer at European Wax Center, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: the Company announced the appointment of Stacie Shirley, age 54, as Chief Financial Officer (“CFO”) of the Company effective March 27, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017023006808/0000950170-23-006808-index.htm
- Executive change
  David Willis changed role as President at European Wax Center, Inc..
  - Action: promoted
  - Role: President
  source text: the Company announced the promotion of David Willis as President of the Company, effective March 27, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017023006808/0000950170-23-006808-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.