Mister Car Wash Stock News

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...

I recommend a buy rating for Mister Car Wash (MCW) due to expected 7% growth in FY24 and accelerated growth in FY25. Despite a decline in membership per store, higher-tier membership upgrades and increased revenue per member indicate strong customer value perception. Risks include a prolonged weak consumer spending environment, but MCW's focus on driving retail traffic and price increases suppo...

Mister Car Wash, Inc. (NYSE:MCW ) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants John Lai - Chairman & Chief Executive Officer Jed Gold - Chief Financial Officer Conference Call Participants Justin Kleber - Baird Simeon Gutman - Morgan Stanley John Heinbockel - Guggenheim Securities David Bellinger - Mizuho Michael Lasser - UBS Christian Carlino - JPMorgan Sab...

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 third quarter of 2024 will be released after market close on Wednesday, October 30, 2024. On the same day, the Company will host a conference call at 4:30 p.m. Eastern Time to discuss the financial results. Investor...

TUCSON, Ariz.--(BUSINESS WIRE)---- $MCW #Car--Mister Car Wash, Inc. (the “Company” or “Mister”; NYSE: MCW), the nation's largest car wash company is proud to announce the grand opening of its 500th location, which will be in Tucson, Arizona. This landmark store is set to open on September 20, marking a significant milestone in the Company's history. Mister is also the only publicly traded compa...

TUCSON, Ariz.--(BUSINESS WIRE)---- $MCW #Car--Mister Car Wash Opens 500th Location - Press Conference scheduled for September 20, 8:30am (PST) in Tucson, Arizona.

TUCSON, Ariz.--(BUSINESS WIRE)---- $MCW #Car--Mister Car Wash opens new location in Monroe, MI.

I upgraded my rating to buy for Mister Car Wash due to better growth outlook for FY25 and improved adj. EBITDA performance. In 2Q24, MCW reported strong total revenue growth and adj. EBITDA performance. Revised model assumptions show potential for attractive upside.