{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-060624","form_type":"8-K","ticker":"EWCZ","cik":"0001856236","company_name":"European Wax Center, Inc.","filed_at":"2023-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.129972+00:00","generated_at":"2026-06-08T10:57:52.865320+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"European Wax Center Q3 net income down 20.7%; cuts FY2023 guidance on transaction weakness","bullets":["GAAP net income of $4.2M vs $5.3M YoY; adjusted net income $6.1M vs $6.7M.","Total revenue $55.7M (+1.2%); same-store sales +3.4%.","Adjusted EBITDA $19.3M (+3.4%); margin improved 80 bps to 34.6%.","Opened 23 net new centers; total centers up 12.6% to 1,026.","FY2023 outlook lowered: system-wide sales $945-955M, Adjusted EBITDA $74.5-76M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-060624","json":"https://secwatch.observer/filing/0000950170-23-060624.json","markdown":"https://secwatch.observer/filing/0000950170-23-060624.md","text":"https://secwatch.observer/filing/0000950170-23-060624.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856236/000095017023060624/0000950170-23-060624-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856236/000095017023060624/ewcz-20231108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T10:57:52.865320+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3e6e9ad9dd9a90ef840a6b9371491641c46820e6","claim":"European Wax Center, Inc. reported 13 and 39 weeks ended September 30, 2023 results: revenue $55.7 million, net income $4.2 million. Guidance lowered.","evidence_excerpt":"Quarter Fiscal 2023 versus 2022 • Net new centers increased 12.6% to 1,026 total centers in 45 states • System-wide sales of $240.7 million increased 2.4% • Total revenue of $55.7 million increased 1.2% • Same-store sales increased 3.4% • GAAP net income of $4.2 million and Adjusted net income of $6.1 million • Adjusted EBITDA of $19.3 million Plano, TX, November","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856236/000095017023060624/0000950170-23-060624-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"13 and 39 weeks ended September 30, 2023"},{"label":"Revenue","value":"$55.7 million"},{"label":"Net income","value":"$4.2 million"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}