Mister Car Wash Announces Third Quarter 2024 Financial Results
Mister Car Wash, Inc. (MCW)
Company Research
Source: Business Wire
Net revenues increased 7%Comparable-store sales increased 2.9%Unlimited Wash Club® (“UWC”) memberships increased 2% year-over-yearOpened 10 new greenfield locations surpassing 500 locationsRaising 2024 adjusted net income and adjusted EBITDA guidance 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 drove strong sales and profit growth in the third quarter,” commented John Lai, Chairperson and CEO of Mister Car Wash. “In the third quarter, we also opened our 500th store – marking another incredible milestone in Mister Car Wash’s 28-year history.
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- Mister Car Wash (MCW)'s Technical Outlook is Bright After Key Golden Cross [Yahoo! Finance]Yahoo! Finance
- Bears are Losing Control Over Mister Car Wash (MCW), Here's Why It's a 'Buy' Now [Yahoo! Finance]Yahoo! Finance
- Mister Car Wash, Inc. (NYSE: MCW) had its price target raised by analysts at UBS Group AG from $7.50 to $8.00. They now have a "neutral" rating on the stock.MarketBeat
- Mister Car Wash's (NYSE:MCW) Q3 Earnings Results: Revenue In Line With Expectations, Stock Jumps 10.6% [Yahoo! Finance]Yahoo! Finance
- Mister Car Wash Non-GAAP EPS of $0.09 beats by $0.02, revenue of $249.3M in-line [Seeking Alpha]Seeking Alpha
MCW
Earnings
- 10/30/24 - Beat
MCW
Analyst Actions
- 10/31/24 - UBS
MCW
Sec Filings
- 12/3/24 - Form 4
- 12/3/24 - Form 8-K
- 11/15/24 - Form 4
- MCW's page on the SEC website