European Wax Center is proud to be recognized and included in The Franchise Times’ Top 400.

European Wax Center ranked at No. 91 out of 400 in the largest U.S.-based franchise systems by global systemwide sales.

The Franchise Times Top 400 ranks the country’s biggest brands and shows major sales gains across leading franchise segments.

The combined annual sales at the largest U.S.-based franchisors increased by $26 billion or 3.8 percent last year, to $713.5 billion, according to the newly released report.

European Wax Center delivered record results in 2022, opening 91 net new centers – a 10.7% increase from 2021. The network generated a 12.8% sales increase to $899 million, and European Wax Center revenue increased 16.0% to $207 million.

“We are honored to have received such a high ranking by The Franchise Times – No. 91 out of 400 – and be recognized for our continued efforts to provide a best-in-class franchise business model,” said David Willis, CEO of European Wax Center.

European Wax Center is expected to release its third quarter results in the coming weeks, which will include an update on continued franchise growth.