Highest-materiality recent filing
European Wax Center completes take-private by General Atlantic at $5.80/share; stock delisted
General Atlantic acquires all outstanding shares for $5.80 cash each; implied enterprise value ~$640M.
EWCZ stockholders approve merger with Glow Midco; close expected May 8, 2026
Statutory merger approval: 41,008,435 for, 5,122,714 against, 354,769 abstain.
European Wax Center reports Q4 net loss of $1.5M; FY revenue down 4.7% to $206.6M
Q4 net loss $1.5M vs net income $3.1M in prior year; total revenue $45.1M down 9.3%.
European Wax Center to be acquired by General Atlantic for $5.80/share in all-cash deal
Class A stockholders to receive $5.80 per share in cash; Class B holders receive $0.00001/share.
European Wax Center tightens FY2025 outlook; net center closings improve to 20
Net center closings of 20 (prior 23-28); 11 gross openings and 31 closures in fiscal 2025.
European Wax Center Q3 net income up 164% to $5.4M; same-store sales +0.2%
Total revenue $54.2M, down 2.2% YoY; system-wide sales $238.2M, down 0.8%.
Total revenue $55.9M decreased 6.6% YoY; same-store sales +0.3%.
Angela Jaskolski named COO effective Aug 18, 2025; will oversee Franchise Ops, Field Training, Learning & Development.
EWCZ Q1 revenue $51.4M (-0.9% YoY), adj. EBITDA $18.8M (+7.2%); reiterates FY outlook
System-wide sales $225.9M (+2.1%); same-store sales +0.7%; total centers 1,062 (+1% YoY).
EWCZ Q4 rev $49.7M, FY25 guides 28-50 net center closures; new CFO Kim appointed
Q4 total revenue $49.7M (-11.7% YoY, 14 vs 13 wks); same-store sales +0.7% on 13-wk basis.
FY2024 net new center openings 23 (guidance 17-22); system-wide sales guidance raised to $947-950M.
Issued 300,000 restricted shares of Class A common stock to Dolabra Holdings for professional services.
European Wax Center appoints Chris Morris as CEO and Chairman, effective Jan 8, 2025
Chris Morris, former Dave & Buster's CEO, succeeds David Berg; Berg stays on board.
EWCZ Q3 net income down 50.7%; reiterates FY24 financial outlook, cuts net new centers forecast
Q3 revenue $55.4M (-0.5% YoY); GAAP net income $2.0M (-50.7%); adjusted net income $5.5M (-8.2%).
European Wax Center Q3 net income falls 50.7%; cuts net new center outlook
Total revenue of $55.4M decreased 0.5% YoY; same-store sales down 0.5%.
Former CEO David Willis resigns from European Wax Center board; receives 18-month salary severance
David Willis resigned from the board effective August 15, 2024, following his earlier departure as CEO.
CEO David Willis departs, David Berg returns as CEO; Q2 net income up 7.3% but guidance slashed
David Willis stepped down as CEO on Aug 12, 2024; replaced by Executive Chair David Berg, who was CEO from 2018-2023.
each of the members of the board of directors of the Company as of immediately prior to the Effective Time ceased his or her respective service as a director of the Company
the officers of Merger Sub Inc. became the officers of the Surviving Corporation
the directors of Merger Sub Inc. became the directors of the Surviving Corporation
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.
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”).
On September 19, 2024, the Company announced that Andrea Wasserman departed from her position as Chief Commercial Officer of the Company, effective September 16, 2024.
On August 15, 2024, David Willis resigned from the board of directors (the “Board”) of European Wax Center, Inc. (the “Company”), effective August 15, 2024.
David Willis departed from his position as Chief Executive Officer of the Company, effective August 12, 2024.
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.
On August 1, 2024, Shaw Joseph notified European Wax Center, Inc. (the “Company”) that he would be resigning from the Company’s Board of Directors (“the Board”), effective immediately.
Following Mr. Joseph’s resignation, on August 1, 2024, the Board appointed Julia Hunter as a director of the Company to fill the vacancy on the Board, effective immediately.
Max materiality 0.90 · Median 0.70 · Most common event earnings