10-Q quarterly report · filed Nov 12, 2025

European Wax Center, Inc. (EWCZ) Q4 2025 10-Q Quarterly Report

Short answer

European Wax Center, Inc. (EWCZ) filed its Q4 2025 10-Q quarterly report on Nov 12, 2025 for the quarter ended Oct 4, 2025.

Q4 2025 key financials · XBRL

Net income
$4M
+176.7% YoY · +0.8% QoQ

Source: XBRL data from the European Wax Center, Inc. (EWCZ) Q4 2025 10-Q on SEC EDGAR. USD.

European Wax Center, Inc. Q4 2025 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $54.2M, down 2.2% YoY from $55.4M, primarily due to fewer existing-center transactions
  • Operating margin 25.6% vs 17.1% YoY; net margin 9.9% vs 3.7%
  • Product sales, largest revenue line, fell 3.4% to $30.6M; other revenue best performer, up 2.9% to $2.8M
  • System-wide sales $238.2M, down 0.8% YoY; six net center closures versus five net openings
  • Near-term uncertainty, declining transactions and profitability; more closures than openings expected in 2025

Risk Factors

  • Risk factors section not provided; submitted text contains Items 2–6 only
  • Share repurchases: 1,188,255 Class A shares repurchased at $3.91 average
  • Repurchase liquidity: $4.1 million remaining under the $50.0 million authorization
  • Regulatory compliance: no directors or officers adopted or terminated Rule 10b5-1 arrangements during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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