European Wax Center appoints new COO and CDO to leadership team

Published 16/07/2025, 13:38
European Wax Center appoints new COO and CDO to leadership team

PLANO, Texas - European Wax Center, Inc. (NASDAQ:EWCZ) announced Wednesday the appointment of Angela Jaskolski as Chief Operating Officer and Kurt Smith as Chief Development Officer, as the waxing services franchisor aims to strengthen its executive team. The company, which maintains impressive gross profit margins of 74% according to InvestingPro data, has been focusing on operational excellence while trading below its Fair Value.

Jaskolski, who will assume her role on August 18, previously served as Chief Store Officer at Madison Reed, where she oversaw nearly 100 locations and drove increases in revenue and average unit volume. Her career includes leadership positions at Thrive Pet Healthcare and Self Esteem Brands, where she was President of Waxing the City.

Smith will join the company on July 22 after serving as Vice President and General Manager of Pizza Hut Latin America and the Caribbean at Yum! Brands, where he managed nearly 1,500 restaurants across 26 markets. His previous roles include Chief Growth Officer positions for Pizza Hut in various international regions.

Both executives will report directly to CEO Chris Morris, who stated in the press release that their expertise "will be critical as we look to resume thoughtful and profitable unit growth."

Jaskolski will oversee franchise operations and training initiatives, while Smith will lead business development, real estate, and franchise recruitment efforts.

European Wax Center operates more than 1,000 centers across 45 states and generated sales of $951 million in fiscal 2024, according to the company’s announcement.

In other recent news, European Wax Center reported its financial results for the first quarter of 2025, showing a modest growth in system-wide sales, which increased by 2.1% to $225.9 million, although total revenue saw a slight decline to $51.4 million. Adjusted EBITDA rose by 7.2% to $18.8 million, with a margin of 36.5%. The company maintains its full-year guidance, projecting system-wide sales between $940 million and $960 million and adjusted EBITDA between $69 million and $71 million. In another development, Citi analyst Kelly Crago raised the price target for European Wax Center to $6.00 from $4.50, while maintaining a Neutral rating on the stock, following a first-quarter performance that exceeded expectations. Crago highlighted the management’s initiatives to stabilize revenue and the company’s marketing strategies to attract new customers. Additionally, European Wax Center held its annual stockholder meeting, where Alexa Bartlett and Julia Hunter were elected to the Board of Directors, and Deloitte & Touche LLP was ratified as the company’s independent registered public accounting firm for the fiscal year ending January 3, 2026. These developments reflect ongoing efforts by European Wax Center to enhance its business stability and growth prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.