earnings
confidence high
sentiment positive
materiality 0.85
Mister Car Wash Q3 net revs $194.3M (+24.7%); comps +21.3%; raises FY guidance
Mister Car Wash, Inc.
2021-Q3 EPS reported
-$0.21
revenue$566,898,000
- Net revenue $194.3M (+24.7% YoY); comp store sales +21.3% vs Q3 2020; net income $27.4M (+37.7%).
- Adjusted net income $34.8M (+204.7%); adjusted EBITDA $62.5M (+43.9%); adj EPS $0.11 vs $0.04 YoY.
- Unlimited Wash Club members 1.564M (+31.5%); UWC sales ~66% of total washes (vs 62% prior year).
- Opened 9 new locations in Q3; total 360 car wash locations as of Sep 30, 2021 (+6.5% YoY).
- Raising full year 2021 revenue and adjusted EBITDA guidance (corrected outlook table filed).