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Mister Car Wash (MCW)
NASDAQ:MCW
Earnings Data
Report Date
Apr 30, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
0.08Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 19, 2025
|% Change Since: -4.47%
|Next Earnings Date:Apr 30, 2025
Earnings Call Sentiment|Positive
Mister Car Wash demonstrated strong financial performance in 2024 with record revenues and EBITDA growth, driven by a successful subscription model and innovative offerings like the Titanium service. The company is well-positioned for future growth through strategic expansions and disciplined cost management. However, challenges remain with retail sales uncertainty and competitive pressures in the market.Company Guidance
During the Mister Car Wash Fourth Quarter 2024 Conference Call, the company provided detailed guidance for 2025, reflecting a cautiously optimistic view of the year ahead. They expect net revenue to range from $1.38 billion to $1.64 billion, with comparable store sales growth anticipated to be between 1% and 3%. Adjusted EBITDA is projected to be between $334 million and $346 million, representing a growth of approximately 4% to 8% year-over-year, with a margin of 32.2% to 32.5%. They also predict adjusted net income per diluted share to be between $0.43 and $0.45, which would signify a growth of 15% to 22%. The company plans to open approximately 30 to 35 new stores and expects capital expenditures to range from $275 million to $305 million. Despite potential headwinds from consumer behavior and weather sensitivity, Mister Car Wash remains focused on strategic growth, including a greenfield program and potential M&A opportunities, while also planning to leverage sale-leasebacks to fund expansion.Record Revenues and EBITDA
Mister Car Wash reported record revenues for 2024 with sales up 7% and adjusted EBITDA growing by 12%, marking a significant achievement in financial performance.
Greenfield Program Success
The company opened 40 new locations in 2024, surpassing the 500-store milestone, demonstrating strong expansion efforts through their greenfield program.
Strong Subscription Model Performance
Subscription business remained resilient with member utilization holding constant, and a 10% increase in Express revenue per member in Q4, highlighting the strength of their predominantly subscription-based model.
Innovative Offerings Drive Growth
The introduction of the Titanium service exceeded expectations, achieving 23% UWC membership penetration and contributing to the company's growth in premium offerings.
Positive Financial Outlook for 2025
The company provided a positive financial outlook for 2025, expecting a 4% to 8% growth in adjusted EBITDA and a 15% to 22% increase in adjusted net income per share.
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MCW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MCW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 19, 2025 | $7.60 | $7.48 | -1.58% |
| Oct 30, 2024 | $6.65 | $7.51 | +12.93% |
| Jul 31, 2024 | $7.60 | $7.33 | -3.55% |
| May 01, 2024 | $6.69 | $6.98 | +4.33% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Mister Car Wash (MCW) report earnings?
Mister Car Wash (MCW) is schdueled to report earning on Apr 30, 2025, TBA Not Confirmed.
What is Mister Car Wash (MCW) earnings time?
Mister Car Wash (MCW) earnings time is at Apr 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MCW EPS forecast?
MCW EPS forecast for the fiscal quarter 2025 (Q1) is 0.1.
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