NASDAQ$EWCZ

European Wax Center Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

European Wax Center reported record results driven by new center expansion, same-store sales acceleration, significant new guest acquisition and strong Wax Pass sales.

European Wax Center reported a strong fourth quarter and fiscal year 2021, with total revenue and profit exceeding full-year guidance. The company's success is attributed to its business model, recurring services, and network agility. The company intends to optimize its capital structure and expects another year of strong growth.

  • System-wide sales increased 51.2% from Q4 2020 and 23.2% from Q4 2019.
  • Total revenue increased 53.8% from Q4 2020 and 35.0% from Q4 2019.
  • GAAP net income improved $8.9 million from Q4 2020 and $38.2 million from Q4 2019.
  • The Company opened 20 net new centers during the quarter.

Headline financials

Total Revenue

$45.1M

Previous: $29.3M+53.8%
EPS (adj)

$0.13

Previous: -$0.15+187.2%
Net Income

$4.41M

Previous: -$4.54M+197.1%

Revenue & EPS history

European Wax Center · Revenue · Quarterly

$45.1M

Q4 2021+53.8%vs Q4 2020
Beat estimate in 6 of 11 quarters(55%)
ActualEstimate

Revenue by segment

European Wax Center · $55.7M total across 4 segments · Q3 2023

  • Product Sales
    $31.9M+1.0%
  • Royalty Fees
    $13.3M+2.0%
  • Marketing Fees
    $7.55M+2.9%
  • Other Revenue
    $2.93M-4.0%

Forward guidance

European Wax Center provided fiscal year 2022 outlook, including total revenue growth in excess of long-term framework.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+0.5%

Avg return

Earnings day

+0.0%

Avg return

5 days after

-0.3%

Avg return

30 days after

53%

10 / 19 earnings

Positive

+22.1%

Q1 2026

Best reaction

-26.3%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026+0.0%+0.3%+1.2%
Q3 2026+14.3%+0.3%+11.2%
Q2 2026+13.6%+5.7%-11.6%
Q1 2026+22.1%+39.6%+44.9%
Q4 2024-12.9%-14.9%-28.6%
Q3 2024-26.3%-26.3%-24.6%
Q2 2024-18.5%-14.7%+2.0%
Q1 2024+0.7%-0.8%+6.8%
Q4 2023+12.8%+11.1%-7.3%
Q3 2023-15.9%-17.0%-6.0%
Q2 2023+6.0%-0.9%-6.3%
Q1 2023-9.1%-3.2%-7.0%
Q4 2022-10.6%-11.6%+1.1%
Q3 2022+0.6%-2.9%+2.0%
Q2 2022-2.8%-7.6%-9.8%
Q1 2022+5.5%-10.9%-3.2%
Q4 2021+21.1%+32.8%+26.9%
Q3 2021-0.8%-9.2%-13.3%
Q2 2021+9.7%+30.8%+15.5%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020

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