TUCSON, Ariz.--(BUSINESS WIRE)---- $MCW #carwash--Mister Car Wash, Inc. (NASDAQ: MCW), the nation's largest car wash brand, is reminding motorists that self-care is more than facial masks and spa days—it's about taking care of the spaces we live in every day, including our cars. This National Self-Care Day, April 5, Mister Car Wash is inviting customers to treat themselves—and their vehicles—to...
I recommend a hold rating for Mister Car Wash stock due to uncertainties in FY25, despite strong long-term growth prospects. MCW reported $251 million in revenue with 6% same-store sales growth and 2.3% membership growth, showing strong execution and cost management. Concerns for FY25 include weaker consumer spending, potential inflation resurgence, and lower greenfield expansion targets, impac...
Mister Car Wash, Inc. reported a 9.2% revenue increase in Q4 2024, driven by new locations and a 6% rise in comparable store sales. Despite a mixed bottom line, adjusted earnings per share exceeded expectations, and profitability metrics like operating cash flow and EBITDA improved year-over-year. The company's 2025 guidance is positive, with expected revenue growth and reduced capital expendit...
TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (Nasdaq: MCW), the nation's largest car wash brand, today announced its financial results for the quarter and year ended December 31, 2024. “I am pleased with the strength of our fourth quarter and full year 2024 performance. Against a challenging consumer backdrop and increased competition, we delivered record revenue and EB...
TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the "Company" or "Mister"; Nasdaq: MCW), the nation's largest car wash brand, today announced that its financial results for the fourth quarter and full year of 2024 will be released after market close on Wednesday, February 19, 2025. On the same day, the Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial...
TUCSON, Ariz.--(BUSINESS WIRE)--Mister Car Wash, Inc. (the “Company”) (NYSE: MCW), the nation's largest car wash brand, today announced that it will voluntarily transfer the listing of its common stock from the New York Stock Exchange (“NYSE”) to the Nasdaq Global Select Market (“Nasdaq”) effective December 31, 2024, after market close. The Company expects its common stock to begin trading on N...
Despite past mistakes, I now see Mister Car Wash as a soft 'buy' due to its attractive valuation and continued business expansion. The company has shown impressive growth in locations and subscribers, with revenue rising as locations and comparable sales grow. Mister Car Wash's subscription model ensures predictable cash flow, with subscriber revenue growing from 64% in 2021 to 71% in 2023, wit...
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