Q2 Earnings Outperformers: Mister Car Wash (NYSE:MCW) And The Rest Of The Specialized Consumer Services Stocks [Yahoo! Finance]
Mister Car Wash, Inc. (MCW)
Company Research
Source: Yahoo! Finance
Some consumer discretionary companies don't fall neatly into a category because their products or services are unique. Although their offerings may be niche, these companies have often found more efficient or technology-enabled ways of doing or selling something that has existed for a while. Technology can be a double-edged sword, though, as it may lower the barriers to entry for new competitors and allow them to do serve customers better. The 9 specialized consumer services stocks we track reported a weaker Q2. As a group, revenues missed analysts' consensus estimates by 0.8% while next quarter's revenue guidance was in line. Inflation progressed towards the Fed's 2% goal at the end of 2023, leading to strong stock market performance. On the other hand, 2024 has been a bumpier ride as the market switches between optimism and pessimism around rate cuts and inflation, and specialized consumer services stocks have had a rough stretch. On average, share prices are down 6.3% since th
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MCW
News
- Mister Car Wash Celebrates Major Milestone with Opening of 500th Location in Tucson, AZ [Yahoo! Finance]Yahoo! Finance
- Mister Car Wash Celebrates Major Milestone with Opening of 500th Location in Tucson, AZBusiness Wire
- Mister Car Wash Celebrates Major Milestone with Opening of 500th Location in Tucson, AZBusiness Wire
- Mister Car Wash Expands in Michigan [Yahoo! Finance]Yahoo! Finance
- Mister Car Wash Expands in MichiganBusiness Wire
MCW
Earnings
- 7/31/24 - Beat
MCW
Sec Filings
- 8/29/24 - Form 4
- 8/27/24 - Form 144
- 8/5/24 - Form 4
- MCW's page on the SEC website