European Wax Center(EWCZ) - 2023 Q4 - Annual Results

EXHIBIT 99.1 European Wax Center, Inc. Reports Fourth Quarter and Fiscal Year 2023 Results Issues fiscal 2024 outlook Fiscal Year 2023 versus 2022 • Net new centers increased 10.6% to 1,044 total centers in 45 states • System-wide sales of 955.0millionincreased6.3955.0 million increased 6.3% • Total revenue of 221.0 million increased 6.6% • Same-store sales increased 2.9% • GAAP net income of 12.3millionandAdjustednetincomeof12.3 million and Adjusted net income of 22.5 million • Adjusted EBITDA of $76.0 million Plano, TX, March 6, 2024 - Today, European Wax C ...