European Wax Center Inc (NAS:EWCZ)
$ 10.91 0.22 (2.05%) Market Cap: 530.34 Mil Enterprise Value: 839.60 Mil PE Ratio: 43.72 PB Ratio: 6.11 GF Score: 44/100
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European Wax Center Inc at Morgan Stanley Global Consumer & Retail Conference Transcript

Dec 05, 2023 / 08:00PM GMT
Release Date Price: $14.78 (-3.46%)
Simeon Ari Gutman
Morgan Stanley, Research Division - Executive Director

Hi, everyone. Good afternoon. I'm Simeon Gutman, Morgan Stanley's Hardline, Broadline and Food Retail Analyst.

My pleasure to welcome European Wax Center, represented by David Willis, CEO and Director; Stacie Shirley, CFO; and Andrea Wasserman, Chief Commercial Officer.

I'm going to read a quick disclosure, make an even quicker intro, and then we'll get right at the questions. For important disclosures, please see the Morgan Stanley research disclosure website at www.morganstanley.com/researchdisclosures. If you have any questions, please reach out to your Morgan Stanley sales representative.

And for those not familiar, this is the largest out-of-home waxing franchise chain in the entire United States. I always like to describe it as, this is the business that has the best mousetrap in their space. The story is, doing quite well, it's evolving. We're talking about lasering to some degree and continuing franchise

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