earnings
confidence high
sentiment neutral
materiality 0.60
Mister Car Wash Q2 net rev $236.9M (+5.2%); adj EBITDA $73.9M (-1%); comp sales +0.3%
Mister Car Wash, Inc.
2023-Q2 EPS reported
$0.15
revenue$462,854,000
- Net revenues $236.9M (+5.2% YoY); net income $27.1M ($0.08 diluted EPS); adjusted EPS $0.09.
- Comparable store sales +0.3% (vs +2.4% prior year); UWC members +12.2% to ~2.1M (69.4% of wash sales).
- Opened 9 greenfield and 1 acquired store; total locations 449 (+9.8% YoY); reaffirmed ~35 new stores for FY 2023.
- Adjusted EBITDA $73.9M (down <1% from $74.5M); six-month adj EBITDA $144.8M (down 3.0% from $149.3M).