STOCK TITAN

European Wax Center Continues to Climb in Franchise Times' Top 400 Ranking

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

European Wax Center, Inc. (NASDAQ: EWCZ) has climbed 11 spots to secure the No. 80 position in Franchise Times' Top 400 Ranking of the largest U.S.-based franchise systems by global systemwide sales. As the largest and fastest-growing franchisor of out-of-home waxing services in the United States, European Wax Center's improved ranking reflects its continued growth and success in the franchise industry.

CEO David Berg attributes this achievement to the dedication of their franchise partners and emphasizes the company's commitment to providing comprehensive support. European Wax Center remains focused on expanding its nationwide footprint, enhancing customer experience, and driving financial performance for franchisees as part of its strategy to deliver sustainable growth and value for shareholders.

European Wax Center, Inc. (NASDAQ: EWCZ) è salita di 11 posizioni per assicurarsi la posizione numero 80 nella classifica dei Top 400 di Franchise Times, che elenca i più grandi sistemi di franchising con sede negli Stati Uniti in base alle vendite globali. In qualità di franchisor più grande e in più rapida crescita di servizi di ceretta fuori casa negli Stati Uniti, il miglioramento della posizione di European Wax Center riflette la sua continua crescita e successo nel settore del franchising.

Il CEO David Berg attribuisce questo risultato alla dedizione dei partner in franchising e sottolinea l'impegno dell'azienda a fornire un supporto completo. European Wax Center rimane concentrata sull'espansione della sua presenza a livello nazionale, sull'ottimizzazione dell'esperienza del cliente e sull'ottimizzazione delle performance finanziarie per i franchisee come parte della sua strategia per garantire una crescita sostenibile e valore per gli azionisti.

European Wax Center, Inc. (NASDAQ: EWCZ) ha subido 11 posiciones para asegurar el puesto número 80 en el Ranking Top 400 de Franchise Times, que clasifica los sistemas de franquicias más grandes de EE.UU. según las ventas globales. Como el franquiciador más grande y de más rápido crecimiento de los servicios de depilación fuera de casa en Estados Unidos, la mejora en la clasificación de European Wax Center refleja su crecimiento continuo y éxito en la industria de franquicias.

El CEO David Berg atribuye este logro a la dedicación de sus socios franquiciados y subraya el compromiso de la compañía de brindar apoyo integral. European Wax Center sigue enfocándose en la expansión de su presencia a nivel nacional, mejorando la experiencia del cliente y fomentando el rendimiento financiero para los franquiciados como parte de su estrategia para lograr un crecimiento sostenible y valor para los accionistas.

European Wax Center, Inc. (NASDAQ: EWCZ)는 Franchise Times의 미국 기반 최대 프랜차이즈 시스템의 글로벌 판매 기준으로 80위에 올랐습니다. 미국에서 가장 크고 빠르게 성장하는 프랜차이저로서, European Wax Center의 향상된 순위는 프랜차이즈 산업에서의 지속적인 성장과 성공을 반영합니다.

CEO David Berg는 이 성과를 프랜차이즈 파트너들의 헌신 덕분이라고 언급하며, 회사의 포괄적인 지원 제공에 대한 헌신을 강조합니다. European Wax Center는 전국적 입지 확장, 고객 경험 향상, 프랜차이즈의 재무 성과 개선에 중점을 두며, 지속 가능한 성장과 주주 가치를 제공하기 위한 전략의 일환으로 활동하고 있습니다.

European Wax Center, Inc. (NASDAQ: EWCZ) a grimpé de 11 places pour se hisser à la 80ème position dans le classement Top 400 de Franchise Times, qui répertorie les plus grands systèmes de franchise basés aux États-Unis en fonction des ventes mondiales. En tant que plus grand et plus rapide franchisor de services d'épilation en dehors de la maison aux États-Unis, l'amélioration de la position de European Wax Center reflète sa croissance continue et son succès dans l'industrie de la franchise.

Le PDG David Berg attribue cette réussite à la dévotion de leurs partenaires de franchise et souligne l'engagement de l'entreprise à fournir un soutien complet. European Wax Center reste concentré sur l'expansion de sa présence nationale, l'amélioration de l'expérience client et l'augmentation de la performance financière pour les franchisés dans le cadre de sa stratégie visant à offrir une croissance durable et de la valeur aux actionnaires.

European Wax Center, Inc. (NASDAQ: EWCZ) ist um 11 Plätze gestiegen und hat sich damit die 80. Position im Top 400 Ranking von Franchise Times gesichert, das die größten in den USA ansässigen Franchisesysteme nach globalen Systemumsätzen auflistet. Als größter und am schnellsten wachsenden Franchisor für Waxing-Dienstleistungen außerhalb des Hauses in den Vereinigten Staaten spiegelt die verbesserte Platzierung von European Wax Center das kontinuierliche Wachstum und den Erfolg in der Franchisebranche wider.

CEO David Berg schreibt diesen Erfolg der Hingabe ihrer Franchise-Partner zu und betont das Engagement des Unternehmens, umfassende Unterstützung zu bieten. European Wax Center bleibt darauf fokussiert, ihre nationale Präsenz auszubauen, das Kundenerlebnis zu verbessern und die finanzielle Leistung der Franchisenehmer als Teil ihrer Strategie zur nachhaltigen Wachstums- und Wertschaffung für die Aktionäre zu steigern.

Positive
  • Improved ranking in Franchise Times' Top 400, moving up 11 spots to No. 80
  • Recognition as the largest and fastest-growing franchisor in the out-of-home waxing services sector
  • Focus on expanding nationwide footprint and enhancing customer experience
  • Commitment to driving financial performance for franchisees
Negative
  • None.

The category leader in out-of-home waxing rises 11 spots in annual ranking of franchises

PLANO, Texas, Oct. 16, 2024 /PRNewswire/ -- European Wax Center, Inc. (NASDAQ: EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, is proud to be recognized for another year in Franchise Times' Top 400 Ranking. European Wax Center moved up 11 spots, securing the No. 80 position out of 400 in the exclusive annual ranking of the largest U.S.-based franchise systems by global systemwide sales.

Franchise Times Top 400 ranks the country's biggest brands and shows sales gains across leading franchise segments. The list is the culmination of a five-month research and reporting effort each year that results in the most credible and objective franchise ranking available. The full ranking list is currently available on FranchiseTimes.com and featured in the current October issue of Franchise Times.

"We are honored to return to Franchise Times' ranking of top U.S. franchises, this year at an elevated spot on the coveted list," said David Berg, CEO of European Wax Center. "This recognition would not be possible without the dedication of our franchise partners who play a crucial role in our growth. We only succeed when they do, and we are committed to providing them with ongoing, comprehensive, and results-driven support."

European Wax Center remains focused on expanding its nationwide footprint, enhancing the customer experience, and driving financial performance for franchisees, all of which are key pillars of the company's strategy as it continues to deliver sustainable growth and value for shareholders.

To learn more about opening a European Wax Center franchise, please visit https://waxcenter.com/pages/ewc-franchise-page.

About European Wax Center, Inc.

European Wax Center, Inc. (NASDAQ: EWCZ) is the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States. European Wax Center locations perform more than 23 million services per year, providing guests with an unparalleled, professional personal care experience administered by highly trained wax specialists within the privacy of clean, individual waxing suites. The Company continues to revolutionize the waxing industry with its innovative Comfort Wax® formulated with the highest quality ingredients to make waxing a more efficient and relatively painless experience, along with its collection of proprietary products to help enhance and extend waxing results. By leading with its values – We Care About Each Other, We Do the Right Thing, We Delight Our Guests, and We Have Fun While Being Awesome – the Company is proud to be Certified™ by Great Place to Work®. European Wax Center, Inc. was founded in 2004 and is headquartered in Plano, Texas. Its network, which now includes more than 1,000 centers in 45 states, generated sales of $955 million in fiscal 2023. For more information, including how to receive your first wax free, please visit: https://waxcenter.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/european-wax-center-continues-to-climb-in-franchise-times-top-400-ranking-302277310.html

SOURCE European Wax Center

FAQ

What is European Wax Center's new ranking in the Franchise Times' Top 400?

European Wax Center has moved up 11 spots to secure the No. 80 position out of 400 in the Franchise Times' Top 400 Ranking.

How does European Wax Center (EWCZ) plan to continue its growth?

European Wax Center plans to continue its growth by expanding its nationwide footprint, enhancing the customer experience, and driving financial performance for franchisees.

What factors contributed to European Wax Center's (EWCZ) improved ranking in 2024?

European Wax Center's improved ranking is attributed to its position as the largest and fastest-growing franchisor of out-of-home waxing services in the U.S., as well as the dedication of its franchise partners.

What is European Wax Center's (EWCZ) strategy for delivering value to shareholders?

European Wax Center's strategy for delivering value to shareholders focuses on sustainable growth through expanding its nationwide footprint, enhancing customer experience, and driving financial performance for franchisees.

European Wax Center, Inc.

NASDAQ:EWCZ

EWCZ Rankings

EWCZ Latest News

EWCZ Stock Data

268.10M
31.24M
0.74%
97.7%
4.76%
Household & Personal Products
Services-personal Services
Link
United States of America
PLANO