---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-096630"
form_type: "8-K"
ticker: "EWCZ"
cik: "0001856236"
company_name: "European Wax Center, Inc."
filed_at: "2024-08-14T23:59:59+00:00"
generated_at: "2026-05-31T09:25:59.010086+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CEO David Willis departs, David Berg returns as CEO; Q2 net income up 7.3% but guidance slashed

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-24-096630
- form_type: 8-K
- ticker: EWCZ
- cik: 0001856236
- company_name: European Wax Center, Inc.
- filed_at: 2024-08-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856236/000095017024096630/0000950170-24-096630-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856236/000095017024096630/ewcz-20240812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-096630
- JSON: https://secwatch.observer/filing/0000950170-24-096630.json
- Plain text: https://secwatch.observer/filing/0000950170-24-096630.txt

## Source-grounded claims
- claim_id: 193dd67efd
  claim: David Willis departed as Chief Executive Officer at European Wax Center, Inc..
  evidence_excerpt: David Willis departed from his position as Chief Executive Officer of the Company, effective August 12, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017024096630/0000950170-24-096630-index.htm
- claim_id: 3721b2341f
  claim: David Berg changed role as Chief Executive Officer at European Wax Center, Inc..
  evidence_excerpt: David Berg, who has served the Company as Executive Chair since 2023 and previously served as the Company’s Chief Executive Officer, assumed the role of Chief Executive Officer effective as of August 12, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856236/000095017024096630/0000950170-24-096630-index.htm

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