Investors can contact the law firm at no cost to learn more about recovering their losses
LOS ANGELES, Aug. 15, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises European Wax Center, Inc. (“European Wax Center”) (NASDAQ: EWCZ) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. European Wax Center investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq.
Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: info@portnoylaw.com, to discuss their legal rights, or click here to join the case. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
On August 14, 2024, European Wax Center issued a press release disclosing its financial results for the second quarter of the fiscal year. The Company appointed a new CEO and revised its revenue forecast for 2024 to a range of $216 million to $221 million, in contrast to the previous guidance of $225 million to $232 million. Additionally, the company adjusted its net income forecast to a range of $19 million to $22 million, down from the prior guidance of $22 million to $25 million. On this news shares of European Wax Center fell significantly.
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The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.
Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bars
lesley@portnoylaw.com
310-692-8883
www.portnoylaw.com
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