I’m a fundamental, valuation-driven investor with a strong focus on identifying businesses that have the potential to scale over time and unlock massive terminal value. My investment approach centers around understanding the core economics of a business—its competitive moat, unit economics, reinvestment runway, and management quality—and how those factors translate into long-term free cash flow generation and shareholder value creation. I focus on fundamental research, and I tend to focus on sectors with st ...

FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-40542 Mister Car Wash, Inc. (Exact name of Registrant as specified in its Charter) Delaware 47-1393909 (State or other jurisdiction of incor ...

Mister Car Wash (MCW) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this car wash operator would post earnings of $0.07 per share when it actually produced earnings of $0.09, delivering a surprise of 28.57%.Over the last four quarters, the co ...

Mister Car Wash (MCW) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Edward Plank - VP - Investor RelationsJohn Lai - Chairperson & Chief Executive OfficerJedidiah Gold - CFO & TreasurerSimeon Gutman - Managing DirectorRandal Konik - Managing DirectorChris O'cull - Managing DirectorBobby Griffin - Managing Director Conference Call Participants Simeon Gutman - AnalystDavid Bellinger - Director & Senior AnalystPeter Keith - Managing Director & Senior Research AnalystPhillip Blee - Equit ...

Mister Car Wash (MCW) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Speaker0 Good afternoon, and welcome to Mr. Car Wash First Quarter twenty twenty five Conference Call. At this time, all participants are in a listen only mode. Later, we will conduct a question and answer session and instructions will follow at that time. Please note that this is being recorded and a reproduction of this call in the whole or in part is not permitted without written authorization from the company. I will now turn the con ...

Financial Data and Key Metrics Changes - The company reported a strong comp store sales growth of 6% and record revenues, with adjusted EBITDA increasing by 914% [5][13] - Net revenues increased by 9%, driven by a combination of 6% comparable store sales growth and contributions from new store openings [18][21] - Adjusted EBITDA grew by 14% to $86 million, with an EBITDA margin increase of 130 basis points to 32.7% [21][19] Business Line Data and Key Metrics Changes - The subscription business (UWC) represented 73% of total wash sales, with UWC membership increasing by approximately 5% year over year [18][19] - Titanium membership accounted for 23% of the membership mix, contributing to a 6% increase in Express revenue per member during Q1 [15][19] - The average Express revenue per member increased to $28.78, driven primarily by the success of the Titanium membership tier [19] Market Data and Key Metrics Changes - The competitive environment has seen a decrease in new competitor builds within a three-mile radius, with only seven new competitors in Q1 2025 compared to 30 in Q1 2023 [52][6] - The company noted a steady demand for express car wash services, indicating resilience in its service offering despite increased competition [50][51] Company Strategy and Development Direction - The company is focused on four strategic pillars: expanding its footprint, increasing innovative solutions, driving traffic and growing membership, and building a best-in-class team [7][11] - Plans to open 30 to 35 new stores in 2025, with a data-driven approach to site selection aimed at maximizing ROI [7][8] - The company is also pursuing price increases on its base membership to align with competitors and enhance revenue [9][45] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate a somewhat uncertain macro environment, citing the resilience of the subscription model [12][24] - The company anticipates a cautious consumer backdrop but remains optimistic about its positioning in the marketplace [24][25] - Management highlighted the importance of delivering exceptional customer experiences to retain and grow its member base [51][80] Other Important Information - The company paid down approximately $62 million of debt during the quarter, maintaining a strong cash position [16][23] - Total operating expenses decreased as a percentage of revenue, reflecting effective expense management [19][20] Q&A Session Summary Question: Can you elaborate on the comp guidance? - Management indicated that while they are pleased with the current performance, they are cautious about the consumer environment and have adjusted guidance accordingly [30][33] Question: What factors contributed to the UWC member growth? - The increase in retail traffic directly correlated with the growth in UWC membership, demonstrating effective conversion strategies [40][41] Question: How does the company view the competitive landscape? - Management noted a peak in competitive intrusion in 2023, with fewer new competitors entering the market, which positions the company favorably [52][54] Question: What is the impact of the recent price increase on churn? - Management expects a slight uptick in churn due to the price increase but anticipates it will stabilize after a month [70][71] Question: How does the company plan to measure the effectiveness of marketing investments? - The company is using traditional return on advertising spend metrics while also considering the long-term value of new members [89][90]

First Quarter 2025 Highlights: (1) Adjusted net income, adjusted EBITDA and adjusted net income per diluted share are non-GAAP financial measures. Beginning in 2025, the Company made certain changes to how it defines adjusted net income and adjusted net income per diluted share that impact the comparability to prior periods. See Use of Non-GAAP Financial Measures and GAAP to Non-GAAP Reconciliations disclosures included below in this press release. Exhibit 99.1 Mister Car Wash Announces First Quarter 2025 R ...

Mister Car Wash (MCW) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual invest ...

Mister Car Wash (MCW) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this car wash operator is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate re ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period From ___to___ Commission File Number 001-40542 Mister Car Wash, Inc. (Exact name of Registrant as specified in its Charter) (State or other jurisdiction of incorporation or organi ...