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European Wax Center
European Wax Center (EWCZ) investor relations material
European Wax Center Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary4 Mar, 2026
Executive summary
Ended fiscal 2025 with 1,047 centers, a 1.9% decrease year-over-year, as openings were outpaced by closures.
System-wide sales for the year were $947.3 million, down 0.4% year-over-year; total revenue fell 4.7% to $206.6 million.
GAAP net income for fiscal 2025 was $11.9 million, a 19.2% decrease; Adjusted Net Income was $36.2 million, down 11.6%.
Adjusted EBITDA for the year was $73.3 million, a 3.0% decrease year-over-year.
Announced agreement to be taken private by General Atlantic in an all-cash transaction; will cease public reporting and guidance.
Financial highlights
Fourth quarter system-wide sales were $225.6 million, down 1.6% year-over-year; total revenue was $45.1 million, down 9.3%.
Same-store sales for the year increased 0.2%; Q4 same-store sales decreased 0.1%.
Q4 net loss was $1.5 million, compared to net income of $3.1 million in the prior year; Adjusted Net Income for Q4 was $4.2 million, down 64.4%.
Q4 Adjusted EBITDA was $12.7 million, down 33.1% year-over-year.
Net income margin for the year was 5.7%, down from 6.8%; Adjusted EBITDA margin increased to 35.5% from 34.8%.
Outlook and guidance
No financial guidance for fiscal 2026 due to pending privatization; no conference call will be held.
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Next European Wax Center earnings date
Q1 202613 May, 2026
European Wax Center
Next European Wax Center earnings date
Q1 202613 May, 2026
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Frequently asked questions
European Wax Center, Inc. operates as a holding company for EWC Ventures, LLC that franchises and operates out-of-home waxing services. The Company operates and franchises hair removal salons in the United States. The Company's offerings include waxing services such as Brazilian, brow shaping, upper lip, chin and underarm hair removal, as well as lash extensions. The Company's patented soft touch wax is made with a combination of hard and soft waxes which allows it to lift hair on the first pass by providing flexibility in low to medium apprehension levels while maintaining efficacy in high apprehension levels. European Wax Center, Inc. is based in Plano, Texas.
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