---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-026849"
form_type: "8-K"
ticker: "EWCZ"
cik: "0001856236"
company_name: "European Wax Center, Inc."
filed_at: "2024-03-06T23:59:59+00:00"
generated_at: "2026-06-05T02:56:53.537011+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# European Wax Center FY2023 revenue +6.6% to $221M; FY2024 guidance sees system-wide sales >$1B

## Summary
- Ended FY2023 with 1,044 centers (+10.6% YoY); opened 100 net new centers, all by existing franchisees.
- System-wide sales $955.0M (+6.3%); same-store sales +2.9%; total revenue $221.0M (+6.6%).
- GAAP net income $12.3M (-9.3% YoY); adjusted EBITDA $76.0M (+6.1%); adjusted net income $22.5M.
- Completed $40M share repurchase program; spent $23.6M on buybacks in Q4 alone.
- FY2024 outlook: 75-80 net new centers; total revenue $225M-$232M; adjusted EBITDA $75M-$80M.

## SEC filing metadata
- accession: 0000950170-24-026849
- form_type: 8-K
- ticker: EWCZ
- cik: 0001856236
- company_name: European Wax Center, Inc.
- filed_at: 2024-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856236/000095017024026849/0000950170-24-026849-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856236/000095017024026849/ewcz-20240306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-026849
- JSON: https://secwatch.observer/filing/0000950170-24-026849.json
- Plain text: https://secwatch.observer/filing/0000950170-24-026849.txt

## Key facts
- Earnings Releases
  European Wax Center, Inc. updated its the fiscal year ended January 6, 2024 guidance (initiated).
  - Period: the fiscal year ended January 6, 2024
  - Guidance: initiated
  - Result: reported results
  source text: On March 6, 2024, European Wax Center, Inc. (the “Company”) issued the press release attached hereto as Exhibit 99.1 reporting its financial results for the fiscal year ended January 6, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017024026849/0000950170-24-026849-index.htm

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