secwatch.observer — SEC 8-K summary
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Issuer:     European Wax Center, Inc. (EWCZ)
CIK:        0001856236
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0000950170-25-070896
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EWCZ Q1 revenue $51.4M (-0.9% YoY), adj. EBITDA $18.8M (+7.2%); reiterates FY outlook
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- System-wide sales $225.9M (+2.1%); same-store sales +0.7%; total centers 1,062 (+1% YoY).
- GAAP net income $2.6M (-29.7%); Adjusted Net Income $9.5M (+10.3%) under revised definition.
- Adjusted EBITDA $18.8M (+7.2%), margin 36.5% vs 33.7%; reiterates FY25 adj. EBITDA $69-71M.
- Repurchased ~0.2M shares for $1.1M; cumulative buybacks $41.2M of $50M authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856236/000095017025070896/0000950170-25-070896-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856236/000095017025070896/ewcz-20250514.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-070896

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer