US60646V1052 - Common Stock
MISTER CAR WASH INC
NYSE:MCW (11/22/2024, 12:22:05 PM)
8.035
+0.16 (+1.97%)
Mister Car Wash, Inc. engages in the provision of exterior and interior car cleaning services. The company is headquartered in Tucson, Arizona and currently employs 6,600 full-time employees. The company went IPO on 2021-06-25. The firm is engaged in offering express exterior cleaning services, with interior cleaning services at select locations, across approximately 476 car wash locations in 21 states. Its car wash locations consist of two formats: Express Exterior Locations and Interior Cleaning Locations. All locations offer express exterior wash packages and have exterior-only lanes. Its every wash includes its T3 Cleaning Conditioner, Wheel Cleaner, and Dynamic Dry system. Express Exterior Locations offer self-drive exterior cleaning services and include free vacuums available for customer use. Interior Cleaning Locations offer exterior and interior cleaning services, including vacuuming by its team members. The company offers a monthly subscription program, Unlimited Wash Club (UWC), as a flexible, quick and convenient option for customers to keep their cars clean. The company serves a diverse mix of customers, which include individual retail customers and UWC Members.
MISTER CAR WASH INC
222 E. 5Th Street
Tucson ARIZONA
P: 15206154000
CEO: John Lai
Employees: 6600
Website: https://mistercarwash.com/
Shares of conveyorized car wash service company Mister Car Wash (NYSE:MCW) jumped 14.9% in the pre-market session after the company reported impressive third-quarter results, with same-store sales outperforming Wall Street's estimates. EBITDA and EPS also came in ahead of expectations. The business observed positive retail sales trends and was able to capture some of that opportunity as it continued to expand its footprint. Notably, MCW launched its 500th store during the quarter. Looking ahead, EBITDA guidance came in ahead of expectations as well, and EPS guidance was raised. Overall, this was a very solid quarter.
Conveyorized car wash service company Mister Car Wash (NYSE:MCW) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 6.5% year on year to $249.3 million. The company’s outlook for the full year was also close to analysts’ estimates with revenue guided to $991.5 million at the midpoint. Its non-GAAP profit of $0.09 per share was 22.1% above analysts’ consensus estimates.
Conveyorized car wash service company Mister Car Wash (NYSE:MCW) will be announcing earnings results tomorrow after the bell. Here’s what to expect.
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