European Wax Center, Inc.

NASDAQ•EWCZ

CEO: Ms. Cindy Thomassee

Sector: Consumer Defensive

Industry: Household & Personal Products

Listing Date: 2021-08-05

European Wax Center, Inc. operates as the franchisor and operator of out-of-home waxing services in the United States. It offers body and facial waxing services; and pre- and post-service products, including ingrown hair serums, exfoliating gels, brow shapers, and skin treatments. The company was founded in 2004 and is headquartered in Plano, Texas.

Contact Information

5830 Granite Parkway, 3rd Floor, Plano, TX, 75024, United States

469-264-8123

waxcenter.com

Market Cap

$316.86M

P/E (TTM)

29.3

18.8

Dividend Yield

52W High

$6.52

52W Low

$2.95

52W Range

80%

Rank59Top 87.6%

2.2

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 2.2 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$45.10M+0.00%

4-Quarter Trend

EPS

-$0.01+0.00%

4-Quarter Trend

FCF

$7.05M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

System-wide Sales Performance System-wide sales reached 947M USD in 2025, down 0.4% from 951M USD in 2024, reflecting challenging macroeconomic conditions and net center closures.

Adjusted EBITDA Results Adjusted EBITDA totaled 73M USD in 2025, down 3.9% from 76M USD in 2024, reflecting operational headwinds and ongoing strategic business realignment efforts.

Consolidated Net Income Decline Consolidated net income was 12M USD in 2025, down 20.0% from 15M USD in 2024, impacted by lower revenue and increased operating costs.

Strong Cash Position Cash and cash equivalents reached 76.1M USD as of January 3, 2026, providing sufficient liquidity to support ongoing operations and strategic growth initiatives.

Risk Factors

Merger Agreement Uncertainty Proposed merger with General Atlantic affiliate may not be adopted by stockholders, potentially increasing stock price volatility and incurring significant legal transaction costs.

Franchisee Financial Health Risks Dependence on franchisee success; weak economic conditions or inability to secure financing could negatively impact royalty revenue and overall business performance and growth.

Intense Industry Competition High competition from 10,000 independent operators and 100,000 beauty salons could erode market share and pressure pricing, impacting revenue and long-term profitability.

Cybersecurity and Data Risks Potential security breaches or failure to protect sensitive guest data could lead to litigation, regulatory fines, and significant reputational damage to the brand.

Outlook

Strategic Business Realignment New leadership team focused on stabilizing operations, enhancing site selection, and improving center-level productivity to drive future transactions and sustainable profitability growth.

Growth Strategy Execution Committed to expanding footprint in existing markets, leveraging brand awareness and operational infrastructure to drive efficient expansion and increase total market share.

Digital Experience Investment Continued investment in mobile app and data analytics to enhance guest acquisition, streamline booking, and improve retention through personalized communication and marketing.

Peer Comparison

Revenue (TTM)

NATR

$480.14M

+5.7%

CHGG

$376.91M

-39.0%

AFRI

$325.10M

+15.9%

Gross Margin (Latest Quarter)

EWCZ

95.9%

-9.0pp

SKIN

64.3%

+13.0pp

NATR

61.3%

+1.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
NATR	$424.56M	21.7	12.2%	7.2%
ALCO	$322.80M	-2.3	-127.4%	43.9%
EWCZ	$316.86M	29.3	11.4%	52.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-4.3%

Flat Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 13, 2026

EPS:$0.16

Revenue:$52.38M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data