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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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.

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

Mister Car Wash Launches Annual 12 Days of Shine Sweepstakes

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (NYSE: MCW) today announced that the Company is scheduled to present at the Morgan Stanley Virtual Global Consumer & Retail Conference on Wednesday, December 1, 2021, at 12:55 pm Eastern Time. The audio portion of the presentation 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 presentation. About M

Mister Car Wash, Inc. Announces Participation in the Morgan Stanley Virtual Global Consumer & Retail Conference

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash Announces Recipients of 2021 Teachers Who Shine Awards

Mister Car Wash Announces Recipients of 2021 Teachers Who Shine Awards

Mister Car Wash Inc (NYSE: MCW) has agreed to acquire Daddy O's Car Wash, three Express Exterior locations in the El Paso metro area, Texas, for an undisclosed sum. The deal brings the total number of Mister stores in El Paso to 16.

Mister Car Wash Acquires Daddy O's Car Wash For Undisclosed Sum

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash announces the acquisition of three Express Exterior Daddy O's Car Wash locations in El Paso, Texas.

Mister Car Wash Acquires Daddy O's Car Wash in El Paso, Texas

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash opens new location in Marion, Iowa, continuing growth in the greater Cedar Rapids area with third new store in two years.

Mister Car Wash Opens New Location in Marion, Iowa

TUCSON, Ariz.--(BUSINESS WIRE)--In the Fiscal 2021 Outlook table of the release dated November 11, 2021, Current GAAP net income (loss) should read: $(40) to $(30) million (instead of $(45) to $(40) million). Current Adjusted net income (loss) should now read: $125 to $135 million (instead of $125 to $130 million). The updated release reads: MISTER CAR WASH ANNOUNCES THIRD QUARTER FISCAL 2021 FINANCIAL RESULTS Net revenues increased 24.7% Comparable store sales increased 21.3% Unlimited Wash Cl

CORRECTING and REPLACING Mister Car Wash Announces Third Quarter Fiscal 2021 Financial Results

Mister Car Wash Inc (NYSE: MCW) reported third-quarter FY21 sales growth of 24.7% year-on-year, to $194.31 million, beating the analyst consensus of $188.16 million. Comparable store sales increased 21.3% versus last year and compounded two-year comparable stores sales rose 14.5% versus 3Q19.

Mister Car Wash Q3 Earnings Top Estimates, Lifts FY21 Revenue Outlook

Mister Car Wash Inc. (MCW) CEO John Lai on Q3 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 ended September 30, 2021. “Our third quarter results reflect continued strong top and bottom line performance fueled by our growing, Unlimited Wash Club® (“UWC”) subscription program and increased operational efficiencies, even as we invest to drive sustainable long-term growth," stated John Lai, Chairperson and CEO of Mist

Mister Car Wash Announces Third Quarter Fiscal 2021 Financial Results

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. ("Mister Car Wash"; NYSE:MCW) today announced that its financial results for the third quarter of fiscal 2021 will be released after market close on Thursday, November 11, 2021. 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 877-300-8521 (international callers please dial 1-412-317-6026) approximately 10 min

Mister Car Wash to Report Third Quarter of Fiscal 2021 Financial Results on November 11, 2021

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash Opens 35th Location in the Houston Market

Mister Car Wash Opens New Location in Spring, Texas

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW) announced the opening of its newest location at 1035 N Stratford Rd, Moses Lake, Washington. “We're thrilled to be expanding our presence in Washington with the opening of our 9th location in the tri-cities area,” said Ryan Darby, Vice President of Development and Construction at Mister Car Wash. “The Moses Lake area is a great addition to our presence in the tri-cities area and providing customers with

Mister Car Wash Opens a New Location in Moses Lake, Washington

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash announces the addition of Ron Kirk and Veronica Rogers to Board of Directors.

Mister Car Wash Announces Appointment of Veronica Rogers and Ronald Kirk to Board of Directors

Mister Car Wash has been a strong growth prospect with positive cash flow in recent years.

Mister Car Wash: A Clean Prospect For Your Portfolio

TUCSON, Ariz.--(BUSINESS WIRE)--Announcing a new charity effort within Mister's Tennessee locations.

Mister Car Wash to Donate $1 for Every Car Washed at all Tennessee Locations on September 25 to Support Disaster Relief Efforts

Mister Car Wash Inc (NYSE: MCW) announced the opening of two new Express Exterior locations, expanding its presence across the Houston Metro area. The two new locations are located at 2466 Gessner Rd.

Mister Car Wash Opens New Locations In Houston

TUCSON, Ariz., Sept. 2, 2021 /PRNewswire/ --  Mister Car Wash, Inc. (the "Company" or "Mister"; NYSE: MCW) is expanding its presence across the Houston Metro area with the opening of two new Express Exterior locations.

Mister Car Wash Expands Presence in Houston Market with Two New Locations

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (NYSE: MCW) today announced that the Company is scheduled to present at the Goldman Sachs 28th Annual Global Retailing Conference on Friday, September 10, 2021, at 4:10 pm Eastern Time. The audio portion of the presentation 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 presentation for up to 90 days.

Mister Car Wash, Inc. Announces Participation in the Goldman Sachs 28th Annual Global Retailing Conference

The company's performance is outstanding, but there's still one thing to be cautious about.

Why Mister Car Wash Stock Went Down the Drain After Its First Earnings Report

Shares of Mister Car Wash Inc. MSW, slumped 5.7% in premarket trading Tuesday, extending earlier losses, after the car wash company announced the pricing of its secondary stock offering at 4.9% discount. Selling stockholders of the company raised a total of about $234.8 million as the 12 million share offering priced at $19.57 a share, which is below Monday's closing price of $20.57.

Mister Car Wash stock extends selloff after share offering prices at 4.9% discount

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (“Company” NYSE: MCW) today announced the pricing of the previously announced secondary offering of 12,000,000 shares of its common stock by investment funds affiliated with Leonard Green & Partners, L.P., several members of the Company's management team and several other pre-IPO investors of the Company (collectively, the “Selling Stockholders”) at a public offering price of $19.57 per share. The offering consists entirely of shares of

Mister Car Wash, Inc. Announces Pricing of Secondary Offering of Common Stock by Selling Stockholders

Shares of Mister Car Wash Inc. MCW, +4.68% dropped 1.7% in premarket trading Tuesday, after the car wash company announced a secondary offering of 12 million shares by selling stockholders. The shares are being offered by funds affiliated with majority owner Leonard Green & Partners, several members of the company's management team and several other pre-initial public offering investors.

Mister Car Wash stock falls after 12 million share secondary offering

TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (“Company” NYSE: MCW) today announced a secondary offering of 12,000,000 shares of its common stock by investment funds affiliated with Leonard Green & Partners, L.P., several members of the Company's management team and several other pre-IPO investors of the Company (collectively, the “Selling Stockholders”). The offering consists entirely of shares of common stock to be sold by the Selling Stockholders. The Company will not receive any

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