MCW - Mister Car Wash, Inc. Latest Stock News & Market Updates (2024)

Rhea-AI Summary

Mister Car Wash, the largest car wash brand in the U.S. (NYSE: MCW), announced its participation in the William Blair 44th Annual Growth Stock Conference.

The Company will host a presentation on June 5, 2024, at 10:40 am Central Time. This presentation will be live webcast and available on the Company's Investor Relations website. An online archive will also be made accessible after the event.

Rhea-AI Summary

Mister Car Wash, Inc. (NYSE: MCW) announced its first quarter 2024 financial results, reporting a 6% increase in net revenues, 0.9% growth in comparable-store sales, and a 5% rise in Unlimited Wash Club® memberships year-over-year. The company opened six new greenfield locations and reiterated its fiscal 2024 outlook figures. The total number of car wash locations operated increased to 482, with net income of $16.6 million and adjusted EBITDA of $75.2 million for the quarter.

earnings

Rhea-AI Summary

Mister Car Wash, Inc. (NYSE: MCW) will release its first quarter 2024 financial results on May 1, 2024. The nation's largest car wash brand will host a conference call to discuss the results, providing investors and analysts with insights into the company's performance.

conferences earnings

Rhea-AI Summary

Mister Car Wash (MCW) completes transactions to refinance its capital structure, extending debt maturities and improving liquidity for continued growth. The $925 million Term Loan B and $300 million Revolving Credit Facility were upsized, amended, and extended, with favorable pricing. Proceeds were used to refinance existing debt, enhancing flexibility and liquidity for planned expansion.

Rhea-AI Summary

Mister Car Wash, Inc. (MCW) will participate in a fireside chat at the UBS Global Consumer and Retail Conference on March 13, 2024. The webcast will be live on the Company's Investor Relations website.

Rhea-AI Summary

Mister Car Wash, Inc. reported a 7.4% increase in net revenues and a 0.7% rise in comparable-store sales for the fourth quarter of 2023. The company opened a record 35 new greenfield locations and saw a 10.3% growth in Unlimited Wash Club memberships. The fiscal year 2024 outlook includes projections for net revenues, comparable-store sales growth, adjusted net income, adjusted EBITDA, and more.

earnings

Rhea-AI Summary

Mister Car Wash, Inc. (NYSE: MCW) reported a 7.4% increase in net revenues and a 0.7% rise in comparable-store sales for the fourth quarter of 2023. The company also saw a 10.3% growth in Unlimited Wash Club memberships and opened 35 new greenfield locations. Fiscal 2024 outlook shows positive growth expectations with adjusted net income forecasted at $99 to $111 million and adjusted EBITDA at $291.5 to $308 million.

earnings

Rhea-AI Summary

Mister Car Wash, Inc. appoints Atif Rafiq to its Board of Directors, bringing extensive digital strategy and customer experience expertise. Rafiq's track record at McDonald's, Amazon, Volvo, and MGM Resorts International positions him as a valuable addition to drive growth and innovation at Mister Car Wash.

Rhea-AI Summary

Mister Car Wash, Inc. (MCW) will release its financial results for Q4 and full year 2023 on February 21, 2024. The company will host a conference call to discuss the results, with a live webcast available. Investors and analysts can access the call and webcast online. A recorded replay will also be available online.

conferences earnings

Rhea-AI Summary

Mister Car Wash, Inc. reported a 7.6% increase in net revenues and an 11.3% increase in Unlimited Wash Club memberships. The company also opened eight new greenfield locations and acquired five locations. They are adjusting their capital expenditure range and reiterating their outlook for all other financial projections for 2023.

earnings