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European Wax Center Recognized by Entrepreneur and Featured in July/August Issue as a Top Franchise for Multi-Unit Owners and Best of the Best Franchise
Prnewswire· 2024-06-18 20:43
PLANO, Texas, June 18, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to be recognized in two of Entrepreneur's most coveted lists for franchises—the 2024 Top Franchises For MultiUnit Owners and Best of the Best Franchises. "Our 20th Anniversary has come with many awards and milestones. We are honored to be recognized for a second year in a row by Entrepreneur, the premier so ...
European Wax Center's EWC TREAT® Get Smooth Skin Clearing Body Polish WINS 2024 SELF Healthy Beauty Award
Prnewswire· 2024-06-06 01:00
European Wax Center's EWC TREAT® Get Smooth Skin Clearing Body Polish retails for $18.00 and is available for purchase at all European Wax Center locations as well as through waxcenter.com and Amazon. About European Wax Center Part of EWC's award-winning EWC TREAT® line, the Get Smooth Skin Clearing Body Polish helps keep skin soft and smooth with pH balanced ingredients that also refine pores and skin texture. Formulated for acne and ingrown hair-prone skin, Polyhydroxy Acid (PHA) and Glycolic and Lactic A ...
European Wax Center's TREAT® Brightening Ingrown Hair Wipes WINS 2024 Men's Health Grooming Awards
Prnewswire· 2024-05-28 20:47
PLANO, Texas, May 28, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States is proud to announce its 2024 Men's Health Grooming Award win. European Wax Center was recognized by Men's Health editors for the second consecutive year, with EWC TREAT® Brightening Ingrown Hair Wipes selected as a winner in the "Best Ingrown Treatment" category for 2024. The winning product is featured online now at ...
European Wax Center, Inc. Announces Participation in the Baird 2024 Global Consumer, Technology & Services Conference
Newsfilter· 2024-05-23 04:01
European Wax Center, Inc. (NASDAQ:EWCZ) is the largest and fastest-growing franchisor and operator of out- of-home waxing services in the United States. European Wax Center locations perform more than 23 million services per year, providing guests with an unparalleled, professional personal care experience administered by highly trained wax specialists within the privacy of clean, individual waxing suites. The Company continues to revolutionize the waxing industry with its innovative Comfort Wax® formulated ...
European Wax Center(EWCZ) - 2024 Q1 - Earnings Call Transcript
2024-05-15 23:19
财务数据和关键指标变化 - 第一季度系统销售额增长1.3%至2.214亿美元,总收入增长4%至5,190万美元 [27] - 同店销售下降1.2%,剔除天气和复活节假期影响,同店销售略有正增长 [28][47] - 毛利率提升约290个基点至73.9%,主要由于谈判成本节约 [29] - 第一季度调整后EBITDA增长7.4%至1,750万美元,利润率提升100个基点至33.7% [30] - 调整后净收入增长41.3%至480万美元 [31] - 公司现金余额为6,040万美元,经营活动净现金流为1,070万美元 [32] 各条业务线数据和关键指标变化 - 公司没有具体披露各业务线的数据和指标变化 [无] 各个市场数据和关键指标变化 - 公司没有具体披露各地区的数据和指标变化,但提到天气和假期对部分地区有一定影响 [28][47] 公司战略和发展方向及行业竞争 - 公司计划2024年新开75-80家净新店,主要由现有加盟商开设,体现了加盟商对公司业务模式的信心 [12][13] - 公司正在推出数据驱动的新店开业计划,帮助新店更快达到盈利,并制定了市场影响指引以防止过度开店 [77][78] - 公司正在试点推出激光脱毛服务,初步结果良好,未来将在更多州份扩展试点 [22][23][41] - 公司认为自己作为行业领导者,有能力利用规模优势推广激光脱毛服务,但核心业务仍是有韧性的蜡疗服务 [23][24] 管理层对经营环境和未来前景的评论 - 管理层认为现有客户的消费和频率保持稳定,但仍需努力提高核心客户的消费和频率 [15] - 管理层相信通过营销、运营等举措,可以吸引更多新客户,提高客单价和访问频率,从而实现全年收入增长目标 [16][24] - 管理层对2024年全年业绩保持信心,预计第二季度开始业绩将逐步改善 [35][61] 问答环节重要的提问和回答 问题1 **Randal Konik 提问** 询问第一季度同店销售下降1.2%的具体情况,以及全年同店销售指引的实现情况 [46][47] **Stacie Shirley 回答** 公司没有具体量化天气和复活节假期的影响,但第二季度开始同店销售有望改善,符合全年2%-5%的指引 [48][61] 问题2 **Scot Ciccarelli 提问** 询问公司是否有信心实现2%-5%的全年同店销售增长指引,以及各季度的同店销售走势 [59][60] **David Willis 和 Stacie Shirley 回答** 公司有信心通过营销、运营等举措实现全年同店销售指引,第二季度开始同店销售有望逐步改善 [61][62][63] 问题3 **Simeon Gutman 提问** 询问新店生产率以及新增门店对全年同店销售的影响 [90][91][92] **David Willis 和 Stacie Shirley 回答** 新店生产率初步数据良好,但样本较小,公司有信心通过各项举措实现全年同店销售指引 [92][93][94]
European Wax Center EWC TREAT® Brightening Ingrown Hair Wipes WINS 2024 Cosmopolitan Holy Grail Beauty Award
Prnewswire· 2024-05-15 20:47
PLANO, Texas, May 15, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to announce its 2024 Cosmopolitan Holy Grail Beauty Award win. Cosmopolitan editors and experts have recognized the EWC TREAT® Brightening Ingrown Hair Wipes as the winner of the "Best Treatment for Ingrowns" category which will be featured in Cosmopolitan's May print issue, on stands May 6, 2024, as well as ...
European Wax Center(EWCZ) - 2024 Q1 - Quarterly Results
2024-05-15 18:05
European Wax Center, Inc. Reports First Quarter Fiscal Year 2024 Results Reiterates fiscal 2024 outlook Announces $50 million share repurchase program Exhibit 99.1 First Quarter Fiscal 2024 versus 2023 Plano, TX, May 15, 2024 - Today, European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, reports financial results for the 13 weeks ended April 6, 2024. David Willis, Chief Executive Officer of European Wax Center, ...
Why European Wax Center (EWCZ) Might Surprise This Earnings Season
Zacks Investment Research· 2024-05-14 23:06
Investors are always looking for stocks that are poised to beat at earnings season and European Wax Center, Inc. (EWCZ) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because European Wax Center is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — ...
European Wax Center (EWCZ) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-05-10 22:16
The upcoming report from European Wax Center, Inc. (EWCZ) is expected to reveal quarterly earnings of $0.06 per share, indicating an increase of 50% compared to the year-ago period. Analysts forecast revenues of $51.88 million, representing an increase of 4% year over year.Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company's earnings discl ...
European Wax Center, Inc. (EWCZ) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-05-08 23:07
Wall Street expects a year-over-year increase in earnings on higher revenues when European Wax Center, Inc. (EWCZ) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 15, 2024, might help the stock move higher if these key numbers are bette ...