Mister Car Wash, Inc. - MCW STOCK NEWS

Mister Car Wash, Inc. (NYSE: MCW), the largest car wash brand in the U.S., is set to release its financial results for Q1 2023 on May 2, 2023, after market close. A conference call will take place at 4:30 p.m. Eastern Time for discussion of the results. Interested participants can join by dialing 855-209-8213 or 1-412-542-4146 for international calls. A live audio webcast will be available on the company's investor relations website. Mister Car Wash operates over 435 car washes nationwide and boasts the largest car wash subscription program in North America, emphasizing operational excellence and customer experience.

Mister Car Wash (NYSE: MCW) announced the appointment of Mary Porter as Chief People Officer. With over 30 years of experience in retail and human resources, including 12 years in HR-focused roles, Mary aims to enhance the company’s human resources strategy. Her responsibilities will include talent acquisition, employee engagement, payroll, and organizational development. CEO John Lai expressed enthusiasm about Mary’s extensive background and her commitment to fostering an employee-first culture. The company operates over 435 car washes in North America, focusing on quality customer experience and operational excellence.

Mister Car Wash (NYSE: MCW) will participate in a fireside chat at the BofA Securities Consumer & Retail Conference on March 14, 2023, at 3:30 PM Eastern Time. The discussion will be webcast live and accessible via the Company's Investor Relations website, where an archive will be available afterwards. Mister Car Wash operates over 435 car washes across the U.S. and boasts the largest car wash subscription program in North America, emphasizing operational excellence and customer satisfaction. The Company has over 25 years of experience in the car wash industry.

Mister Car Wash (NYSE: MCW) reported strong financial results for the fourth quarter and fiscal year ended December 31, 2022. Net revenues rose by 12.0% to $214.3 million, while comparable store sales increased by 4.0%. The company added approximately 228,000 Unlimited Wash Club members, totaling about 1.884 million members, up by 13.8%. Net income for the year was $112.9 million, or $0.34 per diluted share. For fiscal 2023, the company anticipates net revenues of $925 to $960 million and adjusted net income of $100 to $115 million, reflecting lower comparable store sales growth expectations.

Mister Car Wash (NYSE: MCW), the largest car wash brand in the U.S., will release its financial results for Q4 and full year 2022 on February 23, 2023, after market close. A conference call is set for 4:30 p.m. ET to discuss these results. Investors may join the call by dialing 855-209-8213, or access the live audio webcast on the company's investor relations page. Mister Car Wash operates over 425 car washes nationwide and offers the largest car wash subscription program in North America, emphasizing operational excellence and customer experience.

Mister Car Wash, Inc. (NYSE: MCW), the largest car wash brand in the U.S., will participate in a fireside chat at the 2022 Morgan Stanley Global Consumer & Retail Conference on December 6, 2022, at 1:00 PM ET. The discussion will be accessible via live webcast on the Company's Investor Relations website, with an archive available post-event. Mister Car Wash operates 420 locations nationwide and leads North America in car wash subscription services, emphasizing operational excellence and customer service.

Mister Car Wash (NYSE: MCW) reported a 12.0% increase in net revenues to $217.6 million for Q3 2022, compared to $194.3 million in Q3 2021. Comparable store sales rose 2.9%, while Unlimited Wash Club memberships grew 18.9% to approximately 1.86 million members. The company opened eight new locations and acquired three locations, bringing total locations to 420. Net income for the quarter was $24.0 million with an adjusted EBITDA of $66.1 million. The 2022 outlook now predicts revenues of $865 to $880 million.

Mister Car Wash (NYSE: MCW) has appointed Luke Hartke as the new Vice President of Mergers & Acquisitions, bringing 16 years of experience in the consumer services sector. He previously contributed to Casey’s General Store, where he helped expand the company by over 1,000 locations. CEO John Lai expressed optimism about Hartke's experience aiding in the growth of Mister Car Wash’s footprint. The transition also involves the retirement of Casey Lindsay from his position in Corporate Development effective end of 2022.