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

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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.

Mister Car Wash Welcomes Luke Hartke

Mister Car Wash to Report Third Quarter of Fiscal 2022 Financial Results on November 10, 2022

After falling over 50% year-to-date, Mister Car Wash shares trade at a little over 16x free cash flow per share (after adjusting for growth expenditure). In the long-term, Mister Car Wash is a competitively advantaged business with attractive unit economics and favorable growth prospects.

Mister Car Wash: Down 56% YTD And About Fairly Priced

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TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation's largest car wash brand, today announced that the Company is scheduled to participate in a fireside chat discussion at the 2022 Piper Sandler Growth Frontiers Conference on Tuesday, September 13, 2022, at 9:30 am Central Time. The audio portion of the event will be webcast live over the internet and can be accessed on the Company's Investor Relations website, ir.mistercarwash.com. An online archive wi

Mister Car Wash, Inc. Announces Participation in the 2022 Piper Sandler Growth Frontiers Conference

Mister Car Wash, Inc. (NYSE:MCW ) Q2 2022 Earnings Conference Call August 11, 2022 4:30 PM ET Company Participants Megan Everett - Senior Director, Communications John Lai - Chairperson and Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants Randy Konik - Jefferies Simeon Gutman - Morgan Stanley Simeon Siegel - BMO Capital Markets Michael Lasser - UBS Elizabeth Suzuki - Bank of America Chris O'Cull - Stifel Ryan Sundby - William Blair Operator Good afternoon and welcome to Mister Car Wash's Conference Call to discuss Financial Results for the Second Quarter of Fiscal 2022. [Operator Instructions] Please note, 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) CEO John Lai on Q2 2022 Results - Earnings Call Transcript

Mister Car Wash has seen its share price cut in half from last year's highs. High valuations from the get go and pressure on the business, which is really a discretionary service, are to blame.

Mister Car Wash: No Shine Yet

Mister Car Wash (MCW) delivered earnings and revenue surprises of -8.33% and 2.86%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Mister Car Wash (MCW) Misses 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, 2022. “We think our second quarter results demonstrate the resilience of our business. Demand throughout the quarter remained relatively consistent and we did not see a meaningful change in cancellation rates or the make-up of our Unlimited Wash Club subscription business,” commented John Lai, Chairperson and

Mister Car Wash Announces Second Quarter Fiscal 2022 Financial Results

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TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW) today announced the successful acquisition of Top Wash, three express exterior locations in Anoka, Fridley and Champlin, Minnesota. “The Twin Cities are one of our legacy markets and we are excited to see new growth in the area with the addition of these three stores and the recent opening of our Brooklyn Park location,” said Casey Lindsay, Vice President Corporate Development of Mister Car Wash. “The T

Mister Car Wash Acquires Top Wash in Minnesota

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 fiscal 2022 will be released after market close on Thursday, August 11, 2022. 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 callers pl

Mister Car Wash to Report Second Quarter of Fiscal 2022 Financial Results on August 11, 2022

Mister Car Wash went public in June 2021, raising around $563 million in gross proceeds in an IPO. The firm operates a network of car washing and related services in the U.S.

Mister Car Wash Grows Footprint But Faces Demand Risks

TUCSON, Ariz. , June 20, 2022 /PRNewswire/ -- Mister is proud to be Certified™ by Great Place to Work® for the first time this year.

Mister Car Wash Earns 2022 Great Place to Work Certification™

TUCSON, Ariz.--(BUSINESS WIRE)--Address of newest location in first paragraph should read 5909 96th Ln. North in Brooklyn Park, MN (instead of 5906); date of grand opening celebration in second paragraph should read July 8-10 (instead of June 24-26). The updated release reads: MISTER CAR WASH OPENS THIRD LOCATION IN BROOKLYN PARK, MN National Brand expands presence in northwest Minneapolis Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW), the nation's largest car wash brand, announc

CORRECTING and REPLACING Mister Car Wash Opens Third Location in Brooklyn Park, MN

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW), the nation's largest car wash brand, announced the opening of its newest location at 5906 96th Ln. North in Brooklyn Park, MN. The Zane location will host a grand opening celebration June 24-26 featuring free Platinum Express washes, valued at $20. As part of the Platinum package, customers will experience all of Mister's signature products including the waterfall HotShine® Carnauba wax, Repel Shield,

Mister Car Wash Opens Third Location in Brooklyn Park, MN

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation's largest car wash brand, today announced that the Company is scheduled to participate in the 2022 Stifel Cross Sector Insight Conference on Wednesday, June 8, 2022, at 2:25 pm Eastern Time. The audio portion of the event will be webcast live over the internet and can be accessed on the Company's Investor Relations website, ir.mistercarwash.com. An online archive will be available on that site followin

Mister Car Wash, Inc. Announces Participation in the 2022 Stifel Cross Sector Insight Conference

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company” or “Mister”; NYSE: MCW), the nation's largest car wash brand, announced the opening of its newest location at 7249 Red Bug Lake Rd in Oviedo, Fl. The Oviedo location will host a grand opening celebration June 10-12, featuring free Platinum Express washes, valued at $20. As part of the Platinum package, customers will experience all of Mister's signature products including the waterfall HotShine® Carnauba wax, Repel Shield, and

Mister Car Wash Opens New Location in Oviedo, Fl

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW) announced a partnership with the Project WET Foundation, a global non-profit water education organization. Together, the pair aims to advance and amplify water education, resources, and action steps for the global water-consuming community. “We take water conservation seriously,” said John Lai, CEO of Mister Car Wash. “We're committed to responsible stewardship of this natural resource and are continual

Mister Teams up With Global Water Education Leader

Mister Car Wash, Inc. (NYSE:MCW ) Q1 2022 Earnings Conference Call May 12, 2022 4:00 PM ET Company Participants John Lai - Chairman & CEO Jed Gold - CFO Megan Everett - Senior Director of Communications Conference Call Participants Michael Kessler - Morgan Stanley Michael Lasser - UBS Simeon Siegel - BMO Capital Markets Elizabeth Suzuki - Bank of America Kate McShane - Goldman Sachs Chris O'Cull - Stifel Financial Corp. Ryan Sundby - William Blair Jacob Moser - Wolfe Research Operator Good afternoon, and welcome to Mister Car Wash's conference call to discuss financial results for the first quarter fiscal 2022. At this time, all participants are in a listen-only mode.

Mister Car Wash, Inc. (MCW) CEO John Lai on Q1 2022 Results - Earnings Call Transcript

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, 2022. “We had another great quarter highlighted by strong sales and membership growth, greenfield performance, and our extraordinary team's consistent service delivery,” commented John Lai, Chairperson and CEO of Mister Car Wash. “We remain committed to the ongoing investments in our team members as we scale

Mister Car Wash Announces First Quarter Fiscal 2022 Financial Results

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash acquired Speedwash, which comprises four express exterior locations in Victorville and Hesperia, CA.

Mister Car Wash Acquires Speedwash in Victor Valley, California

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 fiscal 2022 will be released after market close on Thursday, May 12, 2022. 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 callers please

Mister Car Wash to Report First Quarter of Fiscal 2022 Financial Results on May 12, 2022

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash opens new location in Leesburg, Florida.

Mister Car Wash Opens New Location in Leesburg, FL

Tucson, Arizona-based Mister Car Wash Inc. ( MCW , Financial), the nation's largest car wash brand, is banking, quite effectively, on customer loyalty for its growth.

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