---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-019997"
form_type: "8-K"
ticker: "EWCZ"
cik: "0001856236"
company_name: "European Wax Center, Inc."
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T07:05:46.513308+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# European Wax Center Q1 net loss $1.1M; same-store sales up 4.5%, reiterates FY2023 outlook

## Summary
- Net loss $1.1M vs net income $4.0M prior year; adjusted net income $3.4M vs $8.6M.
- Total revenue $49.9M (+9.8% YoY); system-wide sales $218.4M (+5.5%).
- Opened 34 net new centers, ending with 978 centers (11.9% YoY increase).
- Same-store sales increased 4.5%; adjusted EBITDA $16.3M (+7.5% YoY).
- Reiterated FY2023 outlook: 95-100 net new centers, total revenue $222M-$229M, adj. EBITDA $77M-$80M.

## SEC filing metadata
- accession: 0000950170-23-019997
- form_type: 8-K
- ticker: EWCZ
- cik: 0001856236
- company_name: European Wax Center, Inc.
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856236/000095017023019997/0000950170-23-019997-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856236/000095017023019997/ewcz-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-019997
- JSON: https://secwatch.observer/filing/0000950170-23-019997.json
- Plain text: https://secwatch.observer/filing/0000950170-23-019997.txt

## Key facts
- Earnings Releases
  European Wax Center, Inc. reported the 13 weeks ended April 1, 2023 results: revenue $49.9 million, net income $1.1 million. Guidance reaffirmed.
  - Period: the 13 weeks ended April 1, 2023
  - Revenue: $49.9 million
  - Net income: $1.1 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: • Net new centers increased 11.9% to 978 total centers in 45 states • System-wide sales of $218.4 million increased 5.5% • Total revenue of $49.9 million increased 9.8% • Same-store sales increased 4.5% • GAAP net loss of $1.1 million and Adjusted EBITDA of $16.3 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017023019997/0000950170-23-019997-index.htm

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