---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-059991"
form_type: "8-K"
ticker: "EWCZ"
cik: "0001856236"
company_name: "European Wax Center, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:36:47.392378+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# European Wax Center Q1 revenue $51.9M (+4%); same-store sales -1.2%; net income $3.7M vs loss; announces $50M buyback

## Summary
- Revenue $51.9M (+4.0% YoY); same-store sales -1.2%; system-wide sales $221.4M (+1.3%).
- GAAP net income $3.7M vs loss of $1.1M; adjusted net income $4.8M (+41.3%); adjusted EBITDA $17.5M (+7.4%).
- Board authorized $50M share repurchase program with no expiration date.
- Reiterated FY2024 guidance: total revenue $225M-$232M, same-store sales +2% to +5%, adjusted EBITDA $75M-$80M.
- Net new centers increased 7.5% to 1,051 total; franchisees opened 7 net new centers in Q1.

## SEC filing metadata
- accession: 0000950170-24-059991
- form_type: 8-K
- ticker: EWCZ
- cik: 0001856236
- company_name: European Wax Center, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856236/000095017024059991/0000950170-24-059991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856236/000095017024059991/ewcz-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-059991
- JSON: https://secwatch.observer/filing/0000950170-24-059991.json
- Plain text: https://secwatch.observer/filing/0000950170-24-059991.txt

## Source-grounded claims
- claim_id: e9f095b6fb91bd45eafd9b0e4810ef8cf7168e39
  claim: European Wax Center, Inc. reported 13 weeks ended April 6, 2024 results: revenue $51.9 million, net income $3.7 million. Guidance reaffirmed.
  evidence_excerpt: Quarter Fiscal 2024 versus 2023 • Net new centers increased 7.5% to 1,051 total centers in 45 states • System-wide sales of $221.4 million increased 1.3% • Total revenue of $51.9 million increased 4.0% • Same-store sales decreased 1.2% • GAAP net income of $3.7 million and Adjusted net income of $4.8 million • Adjusted EBITDA of $17.5 million increased 7.4%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017024059991/0000950170-24-059991-index.htm

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