PR Newswire
NEW YORK, Aug. 25, 2024
NEW YORK, Aug. 25, 2024 /PRNewswire/ -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of European Wax Center, Inc. ("European Wax" or "the Company") (NASDAQ: EWCZ). Investors who purchased European Wax securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/EWCZ.
On August 14, 2024, European Wax issued a press release reporting its financial results for the second quarter of its fiscal year. Among other items, European Wax lowered its 2024 revenue forecast to a range of $216 million to $221 million, compared to prior guidance of $225 million to $232 million, and lowered its net income forecast to a range of $19 million to $22 million, compared to prior guidance of $22 million to $25 million. On this news, European Wax's stock price fell sharply during intraday trading on August 14, 2024.
If you are aware of any facts relating to this investigation or purchased European Wax securities, you can assist this investigation by visiting the firm's site: bgandg.com/EWCZ. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.
Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]
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SOURCE Bronstein, Gewirtz & Grossman, LLC
