8-K
filed August 14, 2024, 7:59 PM ET
ticker EWCZ
CIK 0001856236
leadership
confidence high
sentiment negative
materiality 0.85
CEO David Willis departs, David Berg returns as CEO; Q2 net income up 7.3% but guidance slashed
European Wax Center, Inc.
- David Willis stepped down as CEO on Aug 12, 2024; replaced by Executive Chair David Berg, who was CEO from 2018-2023.
- Q2 revenue $59.9M (+1.3% YoY); GAAP net income $6.0M (+7.3%); adjusted EBITDA $20.6M (-2.6%);
- FY 2024 guidance cut: total revenue $216-221M (down from $225-232M), same-store sales (1.5%) to 0.5% (prev. 2%-5%).
- Net new center openings outlook reduced to 27-32 from 75-80; company repurchased $10M of stock in Q2.
Machine-readable event card
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- 0000950170-24-096630
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- EWCZ
- cik
- 0001856236
- company_name
- European Wax Center, Inc.
- filed_at
- 2024-08-14T23:59:59+00:00
- discovered_at
- 2026-05-14T18:03:14.966648+00:00
- generated_at
- 2026-05-31T09:25:59.010086+00:00
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- event_type
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- sentiment
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- materiality_score
- 0.85
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- 0.85
- confidence
- high
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- https://www.sec.gov/Archives/edgar/data/1856236/000095017024096630/0000950170-24-096630-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1856236/000095017024096630/ewcz-20240812.htm
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