Welcome to our dedicated page for Mister Car Wash news (Ticker: MCW), a resource for investors and traders seeking the latest updates and insights on Mister Car Wash stock.
Mister Car Wash Inc (MCW) maintains industry leadership through innovative automotive care solutions and sustainable operations across 30+ states. This news hub provides investors and stakeholders with essential updates directly from corporate sources.
Access official press releases detailing financial results, facility expansions, and environmental initiatives alongside third-party analysis of market trends. Our curated collection eliminates speculation by focusing on verified developments in operational growth, technology adoption, and service innovations.
Key updates include quarterly earnings disclosures, strategic partnership announcements, and advancements in water conservation techniques. The archive serves as a historical record of MCW's evolving market position while maintaining strict adherence to factual reporting standards.
Bookmark this page for efficient tracking of MCW's progress in enhancing customer experiences through express service technologies and eco-friendly cleaning systems. Regular updates ensure you remain informed about critical developments shaping this automotive care leader's trajectory.
Mister Car Wash (NYSE: MCW) reported strong financial results for the fourth quarter and fiscal year ended December 31, 2022. Net revenues rose by 12.0% to $214.3 million, while comparable store sales increased by 4.0%. The company added approximately 228,000 Unlimited Wash Club members, totaling about 1.884 million members, up by 13.8%. Net income for the year was $112.9 million, or $0.34 per diluted share. For fiscal 2023, the company anticipates net revenues of $925 to $960 million and adjusted net income of $100 to $115 million, reflecting lower comparable store sales growth expectations.
Mister Car Wash (NYSE: MCW), the largest car wash brand in the U.S., will release its financial results for Q4 and full year 2022 on February 23, 2023, after market close. A conference call is set for 4:30 p.m. ET to discuss these results. Investors may join the call by dialing 855-209-8213, or access the live audio webcast on the company's investor relations page. Mister Car Wash operates over 425 car washes nationwide and offers the largest car wash subscription program in North America, emphasizing operational excellence and customer experience.
Mister Car Wash, Inc. (NYSE: MCW), the largest car wash brand in the U.S., will participate in a fireside chat at the 2022 Morgan Stanley Global Consumer & Retail Conference on December 6, 2022, at 1:00 PM ET. The discussion will be accessible via live webcast on the Company's Investor Relations website, with an archive available post-event. Mister Car Wash operates 420 locations nationwide and leads North America in car wash subscription services, emphasizing operational excellence and customer service.
Mister Car Wash (NYSE: MCW) reported a 12.0% increase in net revenues to $217.6 million for Q3 2022, compared to $194.3 million in Q3 2021. Comparable store sales rose 2.9%, while Unlimited Wash Club memberships grew 18.9% to approximately 1.86 million members. The company opened eight new locations and acquired three locations, bringing total locations to 420. Net income for the quarter was $24.0 million with an adjusted EBITDA of $66.1 million. The 2022 outlook now predicts revenues of $865 to $880 million.
Mister Car Wash (NYSE: MCW) has appointed Luke Hartke as the new Vice President of Mergers & Acquisitions, bringing 16 years of experience in the consumer services sector. He previously contributed to Casey’s General Store, where he helped expand the company by over 1,000 locations. CEO John Lai expressed optimism about Hartke's experience aiding in the growth of Mister Car Wash’s footprint. The transition also involves the retirement of Casey Lindsay from his position in Corporate Development effective end of 2022.
Mister Car Wash (NYSE: MCW) will announce its third quarter financial results for fiscal 2022 after the market closes on November 10, 2022. A conference call will follow at 4:30 p.m. ET to discuss the results. Interested parties can join the call by dialing 855-209-8213 or by accessing the live audio webcast at Mister's investor relations page. The results will provide insights into the company's performance and future outlook, which are crucial for investors.
Mister Car Wash (NYSE: MCW), the largest car wash brand in the U.S., is set to engage in a fireside chat at the Piper Sandler Growth Frontiers Conference on September 13, 2022, at 9:30 AM Central Time. The event will be streamed live, accessible via the Company’s Investor Relations website, with an archive available after the event. Operating over 400 locations and offering North America's largest car wash subscription program, Mister Car Wash aims to deliver exceptional customer experiences through quality service.
Mister Car Wash, Inc. (MCW) reported a 14.2% increase in net revenues to $225.2 million for Q2 2022, with comparable store sales up 2.4%. The company added over 59,000 Unlimited Wash Club members, reaching a total of approximately 1.841 million, a 20% increase year-over-year. Net income surged to $35.7 million from a loss of $110.3 million in Q2 2021. However, adjusted net income fell by 9.5% to $37.2 million. The company adjusted its 2022 outlook, lowering projected revenues to $860-880 million and adjusted net income to $118-128 million.
Mister Car Wash (NYSE: MCW) has acquired Top Wash, adding three express exterior locations in Anoka, Fridley, and Champlin, Minnesota.
This acquisition strengthens Mister’s presence in the Twin Cities, a key market for the company. The integration process will see Top Wash locations rebranded and optimized for service offerings. Mister operates over 400 car washes nationwide, highlighting its commitment to growth and customer experience.
Mister Car Wash (NYSE: MCW) will announce its fiscal Q2 2022 financial results after market close on August 11, 2022. Following this, a conference call will be held at 4:30 p.m. Eastern Time for discussions regarding the results. Interested participants can join via phone or a live audio webcast on their investor relations website. Mister Car Wash operates over 400 car washes across the U.S. and has the largest car wash subscription program in North America, emphasizing customer experience and environmental stewardship.