Mister Car Wash

Mister Car Wash, Inc. offers exterior and interior car cleaning services. It offers a monthly subscription program, which is Unlimited Wash that includes unlimited car washes for a monthly charge with benefits like dedicated member only lanes using RFID technology. The company was founded in 1996 and is headquartered in Tucson, AZ.

Earnings data Q2 2021

Earnings data Q3 2021

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Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Mister Car Wash reports strong 2022 performance, eyes growth opportunities

Mister Car Wash delivered strong financial performance in 2022, with plans for strategic expansion and growth in 2023. Despite challenges like retail weakness and margin compression, the company is focused on driving retail traffic and member engagement.
Operational strengths include improved margins, successful acquisitions, and a proactive approach to marketing. Opportunities lie in driving growth through marketing initiatives, member engagement, and strategic investments.
Challenges include retail weakness, integration hurdles, and margin pressures. However, the company's resilience and focus on long-term sustainability position it well for navigating these challenges and capitalizing on growth opportunities.
With a solid foundation in place and a clear growth strategy for 2023, Mister Car Wash is poised to continue its upward trajectory in the car wash industry.

Mister Car Wash (MCW) resilient in Q1 amidst weather challenges

Mister Car Wash (MCW) navigated Q1 challenges with strong subscription revenues and a focus on growth pillars. Despite weather impacts, the company remains on track to meet full-year guidance. MCW's commitment to customer experience, efficient operations, and strategic growth positions them well for the future.

Mister Car Wash reports strong Q2 earnings, focuses on growth

Mister Car Wash (MCW) delivered a strong performance in Q2 2023, driven by positive comp store sales growth, strategic acquisitions, and the successful rollout of the Titanium program.
While facing challenges with softer retail sales and increased rent expenses, MCW remains focused on driving Titanium membership mix and optimizing cost structures for sustained growth.
Opportunities lie in increasing member loyalty, expanding into new markets, and further optimizing operational efficiency to enhance profitability and customer engagement.
With a revised full-year guidance and a determined outlook for the second half of 2023, MCW aims to continue adding value for customers and scaling its business to greater heights.

Mister Car Wash reports robust Q3 earnings, eyes growth opportunities

Mister Car Wash (MCW) delivered strong Q3 results with sales and Adjusted EBITDA up 8%, maintaining full-year guidance amidst operational improvements.
The company's strategic focus on Titanium launch, store enhancements, and capital allocation positions it well for growth and resilience in changing market dynamics.
Challenges in operating expenses and retail behavior moderation are balanced by opportunities in M&A, premium package sales, and recession resilience strategies.
MCW remains optimistic about its position in the car wash industry, emphasizing quality, growth, and operational excellence in the face of evolving market conditions.

Mister Car Wash reports resilient Q4 results and eyes revenue growth through Titanium

MCW's Q4 performance reflects resilience in the face of industry challenges, driven by the successful Titanium rollout. Strategic initiatives to enhance revenue per member and store expansion signal a focus on sustainable growth. Despite challenges, MCW remains well-positioned to capitalize on market opportunities and drive shareholder value.

Mister Car Wash reports solid Q1 performance and eyes growth

Mister Car Wash (MCW) delivered solid Q1 performance with sales and adjusted EBITDA up 6%. The company's subscription-based model and focus on premium offerings have driven revenue growth and high membership penetration.
While facing challenges in retail sales and labor costs, MCW remains cautious about price increases and is strategically evaluating growth opportunities. The appointment of a new VP of Marketing underscores the company's commitment to enhancing customer acquisition and loyalty efforts.
With a conservative pricing strategy and plans for store expansion, MCW is poised for continued growth and remains optimistic about future prospects. The company's emphasis on premium offerings and customer retention strategies position it well for sustained success.

Mister Car Wash reports strong Q2 earnings amidst retail challenges

Mister Car Wash (MCW) demonstrated robust financial performance in Q2, driven by sales growth, strong EBITDA margins, and successful Titanium member adoption.
While facing retail challenges, the company's strengths in employee engagement, operational efficiency, and targeted marketing efforts position it well for future growth.
Addressing challenges in retail sales and maximizing opportunities in marketing and operational investments will be key to sustaining growth and market competitiveness.

Mister Car Wash reports robust Q3 performance amidst growth strategies

Mister Car Wash (MCW) delivered a strong performance in Q3 2024, with notable sales growth, improved EBITDA, and strategic store expansion. The company's focus on customer satisfaction, employee engagement, and operational efficiency underpins its success.
While facing challenges in a competitive market and managing rapid expansion, MCW can capitalize on opportunities by enhancing brand loyalty, exploring new markets, and investing in technology. Strategic growth initiatives will be key to sustaining momentum.
Overall, MCW's Q3 earnings call highlights a resilient and growth-oriented company that is well-positioned to navigate challenges, capitalize on opportunities, and drive continued success in the car wash industry.

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Mister Car Wash, Inc. engages in the provision of exterior and interior car cleaning services. It offers car wash locations which consist of two formats: Express Exterior Locations and Interior Cleaning Locations. The company was founded in 1996 and is headquartered in Tucson, AZ.

I recommend a buy rating for Mister Car Wash (MCW) due to expected 7% growth in FY24 and accelerated growth in FY25. Despite a decline in membership per store, higher-tier membership upgrades and increased revenue per member indicate strong customer value perception. Risks include a prolonged weak consumer spending environment, but MCW's focus on driving retail traffic and price increases supports a positive growth outlook.

Mister Car Wash: Growth On Track To Accelerate In FY25

While the top- and bottom-line numbers for Mister Car Wash (MCW) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Mister Car Wash (MCW) Q3 Earnings

Mister Car Wash, Inc. (NYSE:MCW ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants John Lai - Chairman & Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants Justin Kleber - Baird Simeon Gutman - Morgan Stanley John Heinbockel - Guggenheim Securities David Bellinger - Mizuho Michael Lasser - UBS Christian Carlino - JPMorgan Sabrina Baxamusa - William Blair David Lantz - Wells Fargo Operator Good afternoon and welcome to Mister Car Wash's Conference Call to discuss Financial Results for the Third Quarter ending September 30, 2024. [Operator Instructions] Please note that this is being recorded and a reproduction of this call in whole or in part is not permitted without written authorization from the company.

Mister Car Wash, Inc. (MCW) Q3 2024 Earnings Call Transcript

Mister Car Wash (MCW) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.08 per share a year ago.

Mister Car Wash (MCW) Tops Q3 Earnings and Revenue Estimates

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation's largest car wash brand, today announced its financial results for the quarter ended September 30, 2024. “We are pleased with our strong third quarter performance and momentum in the business. Our subscription business remained incredibly resilient, our new premium Titanium offering ramped ahead of expectations, retail sales trends moved in the right direction, and we managed expenses. All of this dro.

Mister Car Wash Announces Third Quarter 2024 Financial Results

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW), the nation's largest car wash brand, today announced that its financial results for the third quarter of 2024 will be released after market close on Wednesday, October 30, 2024. On the same day, the Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 855-209-8213 (international.

Mister Car Wash to Report Third Quarter 2024 Financial Results on October 30, 2024

TUCSON, Ariz.--(BUSINESS WIRE)---- $MCW #Car--Mister Car Wash, Inc. (the “Company” or “Mister”; NYSE: MCW), the nation's largest car wash company is proud to announce the grand opening of its 500th location, which will be in Tucson, Arizona. This landmark store is set to open on September 20, marking a significant milestone in the Company's history. Mister is also the only publicly traded company listed on The New York Stock Exchange headquartered in Tucson, further cementing its deep roots and commitment to.

Mister Car Wash Celebrates Major Milestone with Opening of 500th Location in Tucson, AZ

TUCSON, Ariz.--(BUSINESS WIRE)---- $MCW #Car--Mister Car Wash opens new location in Monroe, MI.

Mister Car Wash Expands in Michigan

I upgraded my rating to buy for Mister Car Wash due to better growth outlook for FY25 and improved adj. EBITDA performance. In 2Q24, MCW reported strong total revenue growth and adj. EBITDA performance. Revised model assumptions show potential for attractive upside.

Mister Car Wash: Rating Upgrade On Better FY25 Growth And Adj EBITDA Performance

Mister Car Wash, Inc. (NYSE:MCW ) Q2 2024 Earnings Call July 31, 2024 4:30 PM ET Company Participants John Lai - Chairman and Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants Justin Kleber - Baird Henry Carr - UBS Chris O'Cull - Stifel Christian Carlino - JPMorgan David Bellinger - Mizuho John Heinbockel - Guggenheim Simeon Gutman - Morgan Stanley Phillip Blee - William Blair Peter Keith - Piper Sandler Robby Ohmes - Bank of America Tristan Thomas-Martin - BMO Capital Markets Operator Good afternoon and welcome to Mister Car Wash's Earnings Call to discuss the Financial Results for the Second Quarter ending June 30, 2024. [Operator Instructions] Please note that this call is being recorded and a reproduction of this call in whole or in part is not permitted without written authorization from the company.

Mister Car Wash, Inc. (MCW) Q2 2024 Earnings Call Transcript

Although the revenue and EPS for Mister Car Wash (MCW) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Mister Car Wash (MCW) Reports Q2 Earnings: What Key Metrics Have to Say

Mister Car Wash (MCW) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.09 per share a year ago.

Mister Car Wash (MCW) Beats Q2 Earnings Estimates

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation's largest car wash brand, today announced its financial results for the quarter ended June 30, 2024. “We delivered record revenue and adjusted EBITDA in the second quarter. Our subscription business continued to prove its resilience, and the strength of our new Titanium offering drove a healthy increase in revenue per member,” said John Lai, Chairman and CEO of Mister Car Wash. “This combined with grea.

Mister Car Wash Announces Second Quarter 2024 Financial Results

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW), the nation's largest car wash brand, today announced that its financial results for the second quarter of 2024 will be released after market close on Wednesday, July 31, 2024. On the same day, the Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 855-209-8213 (international c.

Mister Car Wash to Report Second Quarter 2024 Financial Results on July 31, 2024

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation's largest car wash brand, today announced that the Company will host a presentation at the William Blair 44th Annual Growth Stock Conference on Wednesday, June 5, 2024, at 10:40 am Central Time. The presentation will be live webcast and can be accessed on the Company's Investor Relations website, ir.mistercarwash.com. Following the event an online archive will be available on that site. About Mister Ca.

Mister Car Wash Announces Participation in the William Blair 44th Annual Growth Stock Conference

JPMorgan Chase on Friday boosted its rating on Mister Car Wash Inc. and cut its view on rival Driven Brands Holdings Inc. as analysts sifted through the latest results from the two car-service retailers.

Mister Car Wash upgraded to overweight by JPMorgan while Driven Brands gets cut

While the top- and bottom-line numbers for Mister Car Wash (MCW) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Mister Car Wash (MCW) Q1 Earnings: A Look at Key Metrics

Mister Car Wash, Inc. (NYSE:MCW ) Q1 2024 Earnings Conference Call May 1, 2024 4:30 PM ET Company Participants John Lai - Chairman and CEO Jed Gold - Chief Financial Officer Conference Call Participants David Bellinger - Mizuho John Heinbockel - Guggenheim Peter Keith - Piper Sandler Chris O'Cull - Stifel Jackie Sussman - Morgan Stanley Justin Kleber - Baird Phillip Blee - William Blair Michael Lasser - UBS Tristan Thomas-Martin - BMO Capital Markets Christian Carlino - JPMorgan David Lantz - Wells Fargo Vicky Liu - Bank of America Operator Good afternoon. And welcome to Mister Car Wash's Conference Call to Discuss Financial Results for the First Quarter ending March 31, 2024.

Mister Car Wash, Inc. (MCW) Q1 2024 Earnings Call Transcript

Mister Car Wash (MCW) came out with quarterly earnings of $0.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.08 per share a year ago.

Mister Car Wash (MCW) Meets Q1 Earnings Estimates

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation's largest car wash brand, today announced its financial results for the quarter ended March 31, 2024. “Our overall results in the first quarter were in line with expectations, and we are executing against our strategic initiatives to drive profitable growth. In the first quarter, our subscription business remained incredibly resilient, growth in our new Titanium membership package was very strong, and.

Mister Car Wash Announces First Quarter 2024 Financial Results

Pactiv Evergreen

Investors with an interest in Consumer Services - Miscellaneous stocks have likely encountered both Pactiv Evergreen Inc. (PTVE) and Mister Car Wash (MCW). But which of these two stocks presents investors with the better value opportunity right now?

PTVE vs. MCW: Which Stock Is the Better Value Option?

Mister Car Wash Shines In Profitability, While Shares Appear Fairly Valued

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW), the nation's largest car wash brand, today announced that its financial results for the first quarter of 2024 will be released after market close on Wednesday, May 1, 2024. On the same day, the Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 855-209-8213 (international call.

Mister Car Wash to Report First Quarter 2024 Financial Results on May 1, 2024

Investors interested in stocks from the Consumer Services - Miscellaneous sector have probably already heard of Pactiv Evergreen Inc. (PTVE) and Mister Car Wash (MCW). But which of these two companies is the best option for those looking for undervalued stocks?

PTVE or MCW: Which Is the Better Value Stock Right Now?

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW) announced the completion of a series of related transactions in support of a comprehensive plan to refinance its capital structure. Through these transactions, the Company extended its debt maturities and improved liquidity to support continued Company growth. Summary of Transactions Upsized, Amended & Extended the $901 million Term Loan B to $925 million now due in 2031 and removed a 0.10% credit spread adjus.

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