EWCZ Q4 rev $49.7M, FY25 guides 28-50 net center closures; new CFO Kim appointed

European Wax Center, Inc.

Q4 total revenue $49.7M (-11.7% YoY, 14 vs 13 wks); same-store sales +0.7% on 13-wk basis.
FY2024 system-wide sales $951.0M (-0.4%); GAAP net income $14.7M (+21.9%); Adj. EBITDA $75.5M (-0.7%).
FY2025 outlook: total rev $210-214M, Adj. EBITDA $69-71M, same-store sales 0-2%.
Franchisees expected to open 10-12 and close 40-60 centers in FY2025, net 28-50 closings.
Thomas Kim appointed CFO effective April 7, 2025, replacing Stacie Shirley who becomes advisor through April 30.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Stacie Shirley

Chief Financial Officer

EWCZ · European Wax Center, Inc.

Effective: 2025-04-07
Successor: Thomas Kim
Filed: March 11, 2025, 7:59 PM ET

In connection with Mr. Kim’s appointment as the Company’s Chief Financial Officer, the Company announced that Stacie Shirley will depart from her position as Chief Financial Officer of the Company, effective as of the Effective Date.

Appointed

Thomas Kim

Chief Financial Officer

EWCZ · European Wax Center, Inc.

Effective: 2025-04-07
Filed: March 11, 2025, 7:59 PM ET

On March 5, 2025, the Company appointed Thomas Kim as Chief Financial Officer of the Company, effective April 7, 2025 or such earlier date that may be mutually agreed by the parties (the “Effective Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Stacie Shirley departed as Chief Financial Officer at European Wax Center, Inc..

Action: departed
Role: Chief Financial Officer

Exact text from the filing

In connection with Mr. Kim’s appointment as the Company’s Chief Financial Officer, the Company announced that Stacie Shirley will depart from her position as Chief Financial Officer of the Company, effective as of the Effective Date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas Kim was appointed as Chief Financial Officer at European Wax Center, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On March 5, 2025, the Company appointed Thomas Kim as Chief Financial Officer of the Company, effective April 7, 2025 or such earlier date that may be mutually agreed by the parties (the “Effective Date”).

View on SEC.gov

European Wax Center, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-036810

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