Financial Data and Key Metrics Changes - The company reported a record revenue growth of 7% for the full year 2024, with adjusted EBITDA increasing by 12% and adjusted earnings per share growing by 16% [25][36] - In Q4 2024, the company achieved a strong comp store sales growth of 6%, marking the seventh consecutive quarter of comp growth [9][10] - Adjusted EBITDA for Q4 was $78 million, representing a 13% increase, with an EBITDA margin of 31.2% [35][36] Business Line Data and Key Metrics Changes - The subscription business remained resilient, contributing significantly to revenue, with UWC sales accounting for 75% of total wash sales [31][28] - The Titanium membership accounted for 23% of the membership mix, driving a 10% increase in Express revenue per member during Q4 [29][32] Market Data and Key Metrics Changes - The company opened 40 new locations in 2024, surpassing the 500-store milestone, with 13 net new Express car washes opened in Q4 alone [10][29] - The number of UWC members increased by 46,000 year-over-year, reaching over 2.1 million members [31][32] Company Strategy and Development Direction - The company plans to continue expanding its footprint by opening 30 to 35 new stores in key metro areas in 2025 [14][41] - The focus remains on disciplined growth and operational excellence, with an emphasis on enhancing customer experience through innovation and marketing [12][19] Management's Comments on Operating Environment and Future Outlook - Management expressed a cautiously optimistic view for retail trends in the upcoming year, acknowledging the unpredictability of consumer behavior and sensitivity to weather [11][39] - The competitive landscape is expected to rationalize, with the company well-positioned to capitalize on market share opportunities [12][136] Other Important Information - The company anticipates continued headwinds in retail for 2025, projecting comparable store sales growth of 1% to 3% [47][78] - The company plans to take a base membership price increase in select markets where it believes it has earned it through superior customer experience [42][125] Q&A Session Summary Question: What percent of the car wash base are you taking the base pricing up in? - Management indicated that they anticipate taking price increases in markets where they see opportunities, having held the line on pricing for over 15 years [52][53] Question: Can you talk about your pipeline for new store openings? - Management confirmed plans to open 30 to 35 new stores while remaining opportunistic regarding potential M&A opportunities [56][59] Question: Can you help bridge the delta between Q4 comp growth and guidance for next year? - Management noted that Q4 had strong performance driven by favorable weather, while they expect a mid-single-digit decline in retail for 2025 [64][78] Question: What is the outlook for Titanium membership penetration? - Management acknowledged a slight decrease in Titanium penetration but remains optimistic about long-term growth opportunities [70][72] Question: How do you view the impact of competition and consumer behavior on retail sales? - Management indicated that both inflation and competition have impacted retail sales, with competition being a more significant factor [87][88] Question: What is the company's appetite for additional leverage in M&A? - Management expressed willingness to take on additional leverage for strategic acquisitions, provided there is a clear path to deleveraging [94][95] Question: How do you expect to manage expenses amid labor cost pressures? - Management expressed confidence in expense control and highlighted ongoing initiatives to optimize costs [130][132]

For the quarter ended December 2024, Mister Car Wash (MCW) reported revenue of $251.17 million, up 9.1% over the same period last year. EPS came in at $0.09, compared to $0.07 in the year-ago quarter.The reported revenue represents a surprise of +1.23% over the Zacks Consensus Estimate of $248.11 million. With the consensus EPS estimate being $0.07, the EPS surprise was +28.57%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Mister Car Wash (MCW) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 28.57%. A quarter ago, it was expected that this car wash operator would post earnings of $0.08 per share when it actually produced earnings of $0.09, delivering a surprise of 12.50%.Over the last four quarters, the ...

"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 EBITDA with our results improving as the year progressed. None of it would've been possible without the execution and passion of our exceptional team," commented John Lai, Chairperson and CEO of Mister Car Wash. "In addition, our subscription business remained a highlight, led by our premium Titanium offering, while retail sa ...

From a technical perspective, Mister Car Wash, Inc. (MCW) is looking like an interesting pick, as it just reached a key level of support. MCW's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world.A golden cross is a technical chart pattern that can signify a potential bullish breakout. It's formed from a crossover involving a security's short-term moving average breaking above a longer-term moving average, with the most common ...

Mister Car Wash (MCW) closed the last trading session at $7.72, gaining 22.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $9.65 indicates a 25% upside potential.The average comprises 14 short-term price targets ranging from a low of $6 to a high of $12, with a standard deviation of $1.59. While the lowest estimate indicates a decline of 22.3% from the current price level, the m ...

A downtrend has been apparent in Mister Car Wash (MCW) lately. While the stock has lost 6.8% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earni ...

As much as I wish I was right every time I made an investment call, that would simply be too good to be anything other than a dream. Even the best investors, think Warren Buffett as an example, make mistakes. OneCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 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 (MCW) reported $249.33 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 6.5%. EPS of $0.09 for the same period compares to $0.08 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $248.77 million, representing a surprise of +0.23%. The company delivered an EPS surprise of +12.50%, with the consensus EPS estimate being $0.08. While investors closely watch year-over-year changes in headline numbers -- revenue and earni ...