![]() This press release includes “forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. For more information, including how to receive your first wax free, please visit. Its network includes 944 centers in 45 states as of December 31, 2022. Founded in 2004, European Wax Center, Inc. Delivering a 360-degree guest experience, they also offer a collection of proprietary products to help enhance and extend waxing results. continues to revolutionize the waxing industry with their innovative Comfort Wax® formulated with the highest quality ingredients to make waxing a more efficient and relatively painless experience. (NASDAQ: EWCZ) is the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States providing guests with an unparalleled, professional personal care experience administered by highly trained wax specialists within the privacy of clean, individual waxing suites. A replay of the broadcast will remain on the Company’s investor relations website for one year.Įuropean Wax Center, Inc. The live audio webcast and the accompanying slides can be accessed at the Company’s investor relations website,. Management is scheduled to present at the ICR Conference 2023 on Monday, January 9, 2023, at 12:30 p.m. The Company expects to publish its audited financial results for the fiscal year ended Decemin March 2023. The Company notes that its fiscal 2022 financial results are subject to quarter and year-end closing procedures, including a financial statement audit. The Company also repurchased approximately 700,000 shares for $10 million during the fourth quarter of 2022, with approximately $30 million remaining under its share repurchase program. Adjusted EBITDA at the high end of previous outlook of $70 million to $71 million.Adjusted net income at the high end of previous outlook of $27.5 million to $28.5 million.Same-store sales above the high end of previous outlook of approximately 9.5%.Total revenue above the high end of previous outlook of $202 million to $205 million. ![]() The Company expects to deliver fiscal 2022 results of:
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