European Wax Center

EUROPEAN WAX CENTER RANKED AMONG THE TOP FRANCHISES IN ENTREPRENEUR'S HIGHLY COMPETITIVE FRANCHISE 500® 2024

Retrieved on: 
Thursday, February 22, 2024

The 2024 Franchise 500® ranks European Wax Center as #43 overall and the #1 franchise in the waxing category for its outstanding performance in unit growth, financial strength and stability, and brand power.

Key Points: 
  • The 2024 Franchise 500® ranks European Wax Center as #43 overall and the #1 franchise in the waxing category for its outstanding performance in unit growth, financial strength and stability, and brand power.
  • Renowned for its expertise and delighting guests with the most comfortable wax experience, European Wax Center locations perform more than 22 million services annually.
  • European Wax Center's Entrepreneur ranking is a testament to why guests continue to choose European Wax Center for their personal care needs.
  • To view European Wax Center in the full ranking, visit www.entrepreneur.com/franchise500 or pick up a copy of the January/February 2024 issue of Entrepreneur on newsstands now.

European Wax Center, Inc. Provides Update Ahead of Presentation at ICR Conference 2024

Retrieved on: 
Monday, January 8, 2024

PLANO, Texas, Jan. 08, 2024 (GLOBE NEWSWIRE) -- 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, provides an update ahead of its presentation at the 26th Annual ICR Conference.

Key Points: 
  • PLANO, Texas, Jan. 08, 2024 (GLOBE NEWSWIRE) -- 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, provides an update ahead of its presentation at the 26th Annual ICR Conference.
  • David Willis, Chief Executive Officer of European Wax Center, Inc., stated: “In 2023, we delivered another year of strong unit growth with 100 net new center openings, 18 of which opened in the fourth quarter.
  • The continued commitment of our franchise partners to growing the European Wax Center brand allows us to enter 2024 with a strong development pipeline and reinforces our confidence in our underlying business model.
  • Our core guests, which include both Wax Pass and routine guests, continue to choose European Wax Center for their personal care needs, representing a recurring revenue stream for our franchisees, and in turn, our business.

European Wax Center, Inc. Announces Participation in the ICR Conference 2024

Retrieved on: 
Thursday, December 21, 2023

PLANO, Texas, Dec. 21, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will participate in the ICR Conference 2024 at the JW Marriott & Ritz-Carlton Resort in Orlando, Florida on January 8 and 9, 2024.

Key Points: 
  • PLANO, Texas, Dec. 21, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will participate in the ICR Conference 2024 at the JW Marriott & Ritz-Carlton Resort in Orlando, Florida on January 8 and 9, 2024.
  • Management will participate in a fireside chat at 9:00am EST on January 8, 2024.
  • A link to the webcast will be available at https://investors.waxcenter.com .

European Wax Center, Inc. Announces Participation in the Morgan Stanley Global Consumer & Retail Conference

Retrieved on: 
Tuesday, November 28, 2023

PLANO, Texas, Nov. 28, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will host investor meetings and participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 5, 2023.

Key Points: 
  • PLANO, Texas, Nov. 28, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that members of its management team will host investor meetings and participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 5, 2023.
  • The fireside chat portion of the conference will be held at 3:00pm EST.
  • The webcast can be accessed live or as an archived replay on the Company’s Investor Relations website, https://investors.waxcenter.com .

EyeRate rebrands to Edge, the #1 Employee-Driven Growth Engine for Service and Franchise Brands

Retrieved on: 
Wednesday, November 15, 2023

SACRAMENTO, Calif., Nov. 15, 2023 /PRNewswire-PRWeb/ -- EyeRate today unveiled a new brand identity and product redesign as part of an extensive rebranding initiative. The company has officially rebranded to Edge, the leading Employee-Driven Growth Engine (EDGE) that enables frontline employees to earn millions more by aligning rewards and incentives with sales growth and positive customer feedback. With 85% of employees feeling unmotivated, Edge introduces an innovative frontline employee compensation and recognition model that drives business growth.

Key Points: 
  • A pioneer in the service industry, the Edge platform is redefining how frontline employees earn and multi-location businesses drive growth.
  • With 85% of employees feeling unmotivated, Edge introduces an innovative frontline employee compensation and recognition model that drives business growth.
  • "Our investment in the new Edge brand gives service brands a distinct advantage by customizing their employee incentives that drive business growth", said Ray Weisberg, cofounder and CEO of Edge.
  • Founded in 2019, the Edge founding team experienced inconsistent team recognition as service employees resulting in less than stellar business outcomes.

European Wax Center, Inc. Reports Third Quarter Fiscal Year 2023 Results

Retrieved on: 
Wednesday, November 8, 2023

PLANO, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- 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 and 39 weeks ended September 30, 2023.

Key Points: 
  • PLANO, Texas, Nov. 08, 2023 (GLOBE NEWSWIRE) -- 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 and 39 weeks ended September 30, 2023.
  • David Willis, Chief Executive Officer of European Wax Center, Inc. stated: “The third quarter marked another period of top-line, bottom-line and unit growth for European Wax Center.
  • While trends exiting the third quarter have stabilized, we are updating our fiscal 2023 outlook to reflect lower-than-expected transactions in the third and fourth quarters to date.
  • Due to a shift in our fiscal reporting calendar, the third quarter of fiscal 2023 had fewer promotional days than the prior year period, contributing to a lower year-over-year growth rate compared to recent quarters.

European Wax Center, Inc. to Report Third Quarter Fiscal 2023 Financial Results on November 8th

Retrieved on: 
Wednesday, October 25, 2023

PLANO, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report third quarter fiscal 2023 financial results before the market opens on Wednesday, November 8, 2023.

Key Points: 
  • PLANO, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that it plans to report third quarter fiscal 2023 financial results before the market opens on Wednesday, November 8, 2023.
  • Following the release, the company’s management will host a conference call at 8:00 a.m. ET/7:00 a.m. CT to review the results.
  • To access the conference call dial-in information, analysts should click here to register online at least 15 minutes before the start of the call.
  • A replay of the webcast will be available two hours after the call and archived on the same web page for one year.

European Wax Center Recognized as a Featured Franchise in The Franchise Times' Exclusive Top 400 Ranking List

Retrieved on: 
Monday, October 23, 2023

91 out of 400 in the exclusive annual ranking of the largest U.S.-based franchise systems by global systemwide sales.

Key Points: 
  • 91 out of 400 in the exclusive annual ranking of the largest U.S.-based franchise systems by global systemwide sales.
  • The full ranking list is currently available on FranchiseTimes.com and featured in the current October issue of The Franchise Times.
  • 91 out of 400 - and be recognized for our continued efforts to provide a best-in-class franchise business model," said David Willis, CEO of European Wax Center.
  • European Wax Center is expected to release its third quarter results in the coming weeks, which will include an update on continued franchise growth.

European Wax Center and Spongellé Announce the Biggest Collaboration to Hit Showers in 2023

Retrieved on: 
Monday, October 2, 2023

PLANO, Texas, Oct. 2, 2023 /PRNewswire/ -- European Wax Center (NASDAQ: EWCZ ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is revolutionizing the in-shower experience by partnering with Spongellé, the statement-makers in self-care. As the experts in wax, European Wax Center offers guests another method of extending their post-wax results from the comfort of their home with the Spongellé for EWC Body Buffer.

Key Points: 
  • As the experts in wax, European Wax Center offers guests another method of extending their post-wax results from the comfort of their home with the Spongellé for EWC Body Buffer.
  • European Wax Center is known for its high-quality, innovative products designed to extend and enhance their waxing services.
  • European Wax Center will debut the Spongellé for EWC TREAT® Get Smooth Skin Clearing Body Buffer on October 1, 2023.
  • Spongellé for EWC SLOW® Peppermint Body Buffer retails for $16.50 and will be available on WaxCenter.com starting December 1, 2023.

GLOSSLAB, MEMBERSHIP-BASED NAIL STUDIOS, TO EXPAND WITH 45 SOUTH FLORIDA FRANCHISES

Retrieved on: 
Tuesday, September 19, 2023

NEW YORK, Sept. 19, 2023 /PRNewswire/ -- GLOSSLAB , the membership based nail studio operator, will open 45 franchise locations in partnership with Joshua Coba, the co-founder of European Wax Center.

Key Points: 
  • NEW YORK, Sept. 19, 2023 /PRNewswire/ -- GLOSSLAB , the membership based nail studio operator, will open 45 franchise locations in partnership with Joshua Coba, the co-founder of European Wax Center.
  • Coba has secured the area representative rights to South Florida.
  • Of the 45 locations, 3 are open and 7 are already under construction and scheduled to open early 2024.
  • South Florida was the perfect region to grow the brand in this manner."