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

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

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.

Investors, Customers Alike Like Mister Car Wash

Customers who have tried Mister Car Wash really seem to like it, based on the 34.3% year-over-year increase in Unlimited Wash Club (UWC) memberships through the end of 2021 to 1.656 million members. In fact, UWC members represent two two-thirds of Mister Car Wash's total wash sales in the three-month period ending Dec. 31, according […]

Mister Car Wash Finding Loyalty Among Increasing Customer Base

Mister Car Wash, Inc. (MCW) CEO John Lai on Q4 2021 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 and year ended December 31, 2021. “We are pleased with the way we closed 2021 and the strong start we are seeing in 2022. Demand for our services remains healthy as more motorists value the convenience of professional car washing and the ease of being an Unlimited Wash Club member,” commented John Lai, Chairperson and CEO o

Mister Car Wash Announces Fourth Quarter and Fiscal 2021 Financial Results

Mister Car Wash (MCW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Will Mister Car Wash (MCW) Beat Estimates Again in Its Next Earnings Report?

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW), announced today that Mayra Chimienti has been promoted to Chief Operating Officer, effective immediately. In her new role, Chimienti will oversee operations, human resources, integrations, project management, learning & development, and internal communications. In her prior role as Vice President of Operations Services, Chimienti led the development of key initiatives that allowed Mister to scale a

Mayra Chimienti Promoted to Chief Operating Officer for Mister Car Wash

William Blair analyst Ryan Sundby initiated coverage of Mister Car Wash Inc (NYSE: MCW) with an Outperform rating and no price target. Sundby notes Mister Car Wash has become a leader in the U.S. car wash market.

Read Why William Blair Is Optimistic On This Car Wash Company

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 fourth quarter and full year 2021 will be released after market close on Thursday, March 24, 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

Mister Car Wash to Report Fourth Quarter and Full Year 2021 Financial Results on March 24, 2022

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash announces the opening of its newest location at 1726 Spring Green Boulevard in Katy, Texas.

Mister Car Wash Opens New Location in Katy, Texas

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash opens new location in Abilene, Texas and will celebrate grand opening on February 5th and 6th.

Mister Car Wash Opens New Location in Abilene, Texas

TUCSON, Ariz.--(BUSINESS WIRE)--As winter storms sweep the country, Mister Car Wash (NYSE:MCW), the nation's largest car wash brand, wants to make sure car owners are prepared to keep their vehicles protected through the winter months. “With cold weather comes an onslaught of corrosive elements, like salt, slush and ice-melting chemicals, that can damage your car over time,” said Joe Matheny, Senior Vice President of Operations at Mister Car Wash. “There are a few things you can do and invest i

Mister Car Wash Shares How to Best Care for Your Car in the Winter

Rent-A-Center

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

RCII vs. MCW: Which Stock Should Value Investors Buy Now?

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (NYSE: MCW), the nation's leading car wash brand, today announced that the Company is scheduled to present virtually at the 2022 ICR Conference on Monday, January 10, 2022, at 9:00 am Eastern Time. 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 following the event. About Mister Car Wash® | Inspiring People

Mister Car Wash, Inc. Announces Participation in the 2022 ICR Conference

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash opens new store in Houston, marking 17th new build location in 2021.

Mister Car Wash Opens New Location in Kemah, Texas

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash opens new Riverton, Utah store continuing growth along the Wasatch Front.

Mister Car Wash Opens New Location in Riverton, Utah

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash opens new Byron Center location in Grand Rapids, Michigan.

Mister Car Wash Opens New Location in Byron Center, Michigan

MIAMI, Dec. 21, 2021 /PRNewswire/ -- MKH Capital Partners, a family-backed, Miami-based private equity ﬁrm, announced today the successful closing of the sale of its express car wash platform Clean Streak Ventures LLC ("Clean Streak" or the "Company"), to Mister Car Wash, Inc. ("Mister") for $390 million. Clean Streak owns 23 operating and 10 development locations.

MKH Capital Partners Announces Successful Sale of Portfolio Company Clean Streak Ventures for $390 Million

The consensus price target hints at a 38.7% upside potential for Mister Car Wash (MCW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Mister Car Wash (MCW) Could Surge 39%: Read This Before Placing a Bet

Mister Car Wash has continued to make acquisitions since the company went public this summer. After acquiring some single locations, the company is now making a larger purchase.

Mister Car Wash: Not Shining Yet

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash has entered into a definitive agreement to acquire Clean Streak Ventures LLC adding 33 locations throughout Florida.

Mister Car Wash to Expand Footprint with Acquisition of 33 Locations in Florida

Mister Car Wash Inc (NYSE: MCW) has acquired Downtowner Car Wash, five locations in Cape Coral, Florida, for an undisclosed sum. Customers of Downtowner Car Wash can expect the business to continue operating as usual in the near term.

Mister Car Wash Acquires Downtowner Car Wash

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash expands Florida footprint with the acquisition of five Downtowner Car Wash locations.

Mister Car Wash Acquires Downtowner Car Wash in Cape Coral, Florida

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash Launches Annual 12 Days of Shine Sweepstakes

News for Mister Car Wash Stock (MCW)