---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-127701"
form_type: "8-K/A"
ticker: "EWCZ"
cik: "0001856236"
company_name: "European Wax Center, Inc."
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:54:15.791217+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EWCZ Q3 net income down 50.7%; reiterates FY24 financial outlook, cuts net new centers forecast

## Summary
- Q3 revenue $55.4M (-0.5% YoY); GAAP net income $2.0M (-50.7%); adjusted net income $5.5M (-8.2%).
- Same-store sales -0.5%; system-wide sales $240.2M (-0.2%); Adj. EBITDA $18.4M (-4.4%).
- FY2024 outlook reiterated: total revenue $216-221M, Adj. EBITDA $70-74M, system-wide sales $930-950M.
- Net new centers outlook lowered to 17-22 from 27-32; expects 43 gross openings but 21-26 permanent closures.
- Balance sheet: $48.0M cash, $391M senior secured notes; repurchased $20.1M of stock in Q3.

## SEC filing metadata
- accession: 0000950170-24-127701
- form_type: 8-K/A
- ticker: EWCZ
- cik: 0001856236
- company_name: European Wax Center, Inc.
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856236/000095017024127701/0000950170-24-127701-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856236/000095017024127701/ewcz-20241114.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-127701
- JSON: https://secwatch.observer/filing/0000950170-24-127701.json
- Plain text: https://secwatch.observer/filing/0000950170-24-127701.txt

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