secwatch.observer — SEC 8-K summary
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Issuer:     European Wax Center, Inc. (EWCZ)
CIK:        0001856236
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0000950170-25-036810
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856236/000095017025036810/0000950170-25-036810-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856236/000095017025036810/ewcz-20250305.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-036810

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