European Wax Center, Inc. (NASDAQ:EWCZ) Q4 2023 Earnings Call Transcript

David Willis: Yes, Jon. Great of course. Great question. As I had mentioned earlier, we do view laser as an accretive and additive component to our core business. Our franchisee has been an amazing partner in terms of the effort and resources he’s invested to help us pilot this in the handful of centers in New York. Candidly for our corporate staff, we have maintained focus on delivering our core business and supporting our franchisees in our core waxing business. So while this laser pilot we’ve given this a fair amount of air cover as we didn’t want to catch anyone off guard that we’re dabbling in this, but it’s been a little bit of a night and weekends project for our corporate staff. We’ve seen enough in the trends to say it’s certainly worth making a few investments in some dedicated resources to ensure we can further support this extended pilot. I hope that helps, Jon.

Jonathan Komp: Yes, very helpful. Thanks again.

Operator: Thank you. And I’m showing no further questions in the queue at this time. I would now like to turn the call back over to Mr. David Willis for any closing remarks.

David Willis: Lydia, thank you for hosting today, and thank you everyone for your time on the call today. We look forward to speaking with you in the days and the weeks to come. Have a great day.

Operator: Ladies and gentlemen, that does conclude our conference for today. Thank you for your participation. You may now disconnect.