![]() Other Inside European Wax Center, Inc.'s 10-K Annual Report: Results for the Fourth Quarter of Fiscal 2022 versus Fiscal 2021 We look forward to extending our leadership position as the category killer and creator as we continue taking share in this growing, highly fragmented category.” Quarter-to-date transaction trends remain consistent with the past two quarters, and our 2023 top line outlook assumes continued stability supported by the unwavering loyalty of our recurring Wax Pass guests. Berg continued, “Looking ahead to fiscal 2023, we are well-positioned to deliver another year of growth, driven by new center openings and in-center sales. ![]() ![]() Our strong fourth quarter and full year results continue to validate European Wax Center’s position as the leader in out-of-home waxing. In addition, we continue to drive strong Wax Pass sales to guests, which underscore the commitment that our guests have to their waxing routines, engender brand loyalty and generate predictable visit frequency to our centers. We grew net new centers by over 10% and ended the year with our deepest pipeline ever, showcasing that our attractive unit economics generate sustained franchisee demand. stated: “We delivered record full year results in line with the guidance we provided at the beginning of 2022, demonstrating the stability of the European Wax Center model in a dynamic environment. David Berg, Chief Executive Officer of European Wax Center, Inc.
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